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Hospital Supplies Global Market Report 2024 - By Size, Share, Market Insights, Report, Forecast To 2033
The Business Research Company's Hospital Supplies Global Market Report 2023 identifies increased number of hospitals as the major driver for the Hospital Supplies market's growth in the forecast period. A hospital is a facility dedicated to providing medical or surgical treatment to individuals who are ill or have sustained injuries. Hospitals rely on an extensive array of medical supplies and equipment to deliver high-quality care to their patients.
The hospital supplies market size has grown strongly in recent years. It will grow from $59.7 billion in 2023 to $63.93 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to healthcare infrastructure development, aging population, regulatory compliance, economic growth, advances in medical device and supply technology . The hospital supplies market size is expected to see strong growth in the next few years. It will grow to $82.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
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Major competitors in the Hospital Supplies market are Becton, Dickinson and Company, B. Braun Melsungen AG, Steris PLC, Baxter International Inc.
A key trend in the Hospital Supplies market includes hospital supplies market. HAIs, also known as nosocomial infections, are infections that patients contract during treatment for medical or surgical conditions. HAIs can occur in various healthcare facilities, including hospitals, surgical centers, and long-term care facilities such as nursing homes and rehabilitation facilities. According to WHO data, Of every 100 hospitalized patients at any given time, 7 in developed and 10 in developing countries will acquire at least one healthcare-associated infection. This is expected to boost the demand for hospital supplies and drive the market during the forecast period.
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The Hospital Supplies market is segmented -
By Type: Disposable Hospital Supplies, Sterilization Equipment And Disinfectants, Mobility Aids And Transportation Equipment, Operating Room Equipment
By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
By Type of Expenditure: Public, Private
By Product: Instruments/Equipment, Disposables
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Hospital Supplies market.
The Business Research Company's "Global Hospital Supplies Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hospital Supplies Market Include:
1. Executive Summary
2. Hospital Supplies Market Characteristics
3. Hospital Supplies Product/Service Analysis -Product/Service Examples
4. Hospital Supplies Market Trends And Strategies
5. Hospital Supplies Market - Macro Economic Scenario
...................
68. Global Hospital Supplies Market Competitive Benchmarking
69. Global Hospital Supplies Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Hospital Supplies Market
71. Hospital Supplies Market Future Outlook and Potential Analysis
72. Appendix
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