openPR Logo
Press release

Hospital Supplies Market worth $21 Billion by 2029 | Fact.MR study

06-10-2021 12:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Rising prevalence of hospital-acquired infections is increasing the utilization of sterile and disposable products such as surgical gloves, surgical drapes, and surgical packs in hospitals. This is anticipated to boost the revenue growth of the global hospital supplies market. According to WHO, 15% of patients in hospitals suffer from hospital-acquired viral, bacterial, and fungal infections. Various governments and medical professionals are focusing on maintenance of safety & hygiene in hospitals, which is expected to increase the demand for hospital supplies. The global hospital supplies market was estimated to be valued at US$ 17.0 Bn in 2018 and will hurtle towards the US$21Bn mark by the end of the forecast period (2019-2029).

For More Valuable Information on Market Dynamics, Request a Sample –https://www.factmr.com/connectus/sample?flag=S&rep_id=4553

Key Takeaways of Global Hospital Supplies Market Study

By product type, surgical packs accounted for prominent value share in the global hospital supplies market. This is primarily attributed to growing need for surgical packs in various surgeries performed in hospitals and ambulatory surgical centers, globally.
North America and Europe will collectively hold 70% of the global hospital supplies market share. East Asia and South Asia are anticipated to exhibit notable CAGR, owing to growing hospital supplies manufacturing facilities in these regions.
The hospitals segment under end user dominated the global hospital supplies market, attributed to high healthcare infrastructure and large patient pool visiting hospitals.
“Increasing investments and acquisitions by large players to expand their regional presence of sterile medical supplies is anticipated to favor the global hospital supplies market growth.” says the Fact.MR Analyst.

Share Your Requirements & Get Customized Reports –https://www.factmr.com/connectus/sample?flag=RC&rep_id=4553

Acquisitions and Expansions to be Key Imperative Followed by Market Players

Sterile hospital supplies manufacturers are focusing on mergers and acquisitions, which can aid them with a broad spectrum of product offerings, enhanced capabilities, and large scale manufacturing. In 2018, Boston Scientific announced nine acquisitions and several new strategic investments totaling $6 Billion. With the growing investment for infrastructural and technological advancements, manufacturers are also focusing on inking deals with various healthcare institutions.

Hospital Supplies Market

Looking for more information?

The research study on the global hospital supplies market by Fact.MR incorporates an unbiased assessment of key demand-driving factors and trends, which have shaped the landscape of the global hospital supplies market over 2014 – 2018 and includes a detailed assessment of key parameters that are anticipated to exert influence during 2019 – 2029. Market statistics have been presented on the basis of product type (surgical gowns, surgical drapes, surgical gloves, surgical packs, feeding tubes, and others), and end user (hospitals, ambulatory surgical centers, and specialty clinics) across seven major regions.

Fact.MR’s Domain Knowledge in Healthcare

Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support – encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4553

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hospital Supplies Market worth $21 Billion by 2029 | Fact.MR study here

News-ID: 2301958 • Views:

More Releases from Fact.MR

Elevators Market to Grow at 11% CAGR, Reaching $270 Billion by 2033
Elevators Market to Grow at 11% CAGR, Reaching $270 Billion by 2033
The international elevators market (エレベーター市場) got to an evaluation of United States $ 95 billion in 2023 as well as is predicted to get to United States $ 270 billion by the end of 2033. This market is anticipated to expand at a substantial CAGR of 11% from 2023 to 2033. The elevators market stands as a crucial cog in the wheel of contemporary facilities, promoting upright mobility in significantly metropolitan
Stone Paper Market Explosive Growth CAGR of 8.0% to Reach $2,096.9 Million by 2033
Stone Paper Market Explosive Growth CAGR of 8.0% to Reach $2,096.9 Million by 20 …
The international stone paper market (ストーンペーパーマーケット) is forecasted to get to an assessment of United States $ 972.6 million by the end of 2023 and also is anticipated to expand at a CAGR of 8.0% to get to United States $ 2,096.9 million by the end of 2033. The stone paper market is experiencing considerable development possibilities driven by raising need from the product packaging as well as publishing markets. Customer
Foliar Fertilizers Market Predicts 4% CAGR, $344 Million Expansion by 2029
Foliar Fertilizers Market Predicts 4% CAGR, $344 Million Expansion by 2029
The worldwide foliar fertilizers market is forecasted to accomplish a 4% ordinary substance yearly development price (CAGR) by the verdict of the projection duration. This development is anticipated to produce an increment chance of United States$ 344 million by the end of 2029. Foliar plant foods supply an useful choice for supplying nutrients to plants as they can be straight related to the fallen leaves. This approach not just improves nutrient
E-Compass Market $11.9 Billion Discovery By 2033 | Fact.MR
E-Compass Market $11.9 Billion Discovery By 2033 | Fact.MR
In 2023, the global E-Compass Market reached a valuation of US$ 2.6 billion, and projections indicate a substantial growth trajectory, with estimates soaring to US$ 11.9 billion by 2033. 𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆: https://www.factmr.com/connectus/sample?flag=S&rep_id=8417 This remarkable surge in market value is attributed to the anticipated surge in worldwide electronic compass sales, expected to surge at an impressive Compound Annual Growth Rate (CAGR) of 16.5% over the coming decade. The eCompass, an electric

All 5 Releases


More Releases for Unit

Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook. The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption. Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India. Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP). Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences. Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for
Telematics Control Unit
Publisher's Telematics Control Unit (TCU) market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of