Global Hospital Supplies Market Growth Prospects, Future Industry Landscape 2033 | Becton, Dickinson and Company, B. Braun Melsungen AG, Steris plc, Baxter International Inc., Stryker Corporation

"The new report published by The Business Research Company, titled Hospital Supplies Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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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Expanding Hospital Infrastructure Drives Surge In Demand For Hospital Supplies Market
The increased number of hospitals is expected to propel the growth of the hospital supplies market going forward. 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. For instance, in May 2023, according to a report published by the American Hospital Association (AHA), a US-based healthcare trade organization representing hospitals and health care networks, the total number of hospitals increased to 6,129, compared to 6,093 in 2022. Moreover, total admissions in all U.S. hospitals reached 34,011,386 compared to 33,356,853 in 2022. Therefore, the increased number of hospitals is expected to propel the growth of the hospital supplies market.

Innovative Hospital Sterile Container System
Major companies operating in the Hospital Supplies market are focused on developing innovative products, such as the AESCULAP Aicon Sterile Container System, to increase the profitability in the market. The AESCULAP Aicon Sterile Container System is designed to streamline processes and reduce the possibility of wetting. For instance, in March 2022, Aesculap Inc., a US-based manufacturer of surgical instruments, launched its AESCULAP Aicon Sterile Container System. The sterile container system is engineered to simplify procedures and minimize the risk of sets becoming damp. The AESCULAP Aicon Sterile Container System ensures 100% sterilization and lowers the chances of operating room surgical delays resulting from sets not being ready.

The hospital supplies market covered in this report is segmented -

1) By Type: Disposable Hospital Supplies, Sterilization Equipment And Disinfectants, Mobility Aids And Transportation Equipment, Operating Room Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

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Major companies operating in the hospital supplies market include Becton, Dickinson and Company, B. Braun Melsungen AG, Steris plc, Baxter International Inc., Stryker Corporation, Cardinal Health Inc., Hill-Rom Holdings Inc., Terumo Corporation, Medtronic plc, 3M Company, CVS Health Corporation, McKesson Corporation, Cencora Inc., GE HealthCare Technologies Inc., Koninklijke Philips NV, Boston Scientific Corporation, Danaher Corporation, Varian Medical Systems Inc., Dentsply Sirona Inc., Masimo Corporation, Olympus Corporation, ResMed Inc., Smith & Nephew plc, Align Technology Inc., The Cooper Companies Inc., Teleflex Incorporated, Waters Corporation, West Pharmaceutical Services Inc., Straumann Group, Fresenius Medical Care AG & Co KGaA.

Contents of the report:
1. Executive Summary
2. Hospital Supplies Market Report Structure
3. Hospital Supplies Market Trends And Strategies
4. Hospital Supplies Market - Macro Economic Scenario
5. Hospital Supplies Market Size And Growth
…..
27. Hospital Supplies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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