Hospital Supplies: A Leading Driver Behind Expanding Hospital Infrastructure Drives Surge In Demand For Hospital Supplies Market Market Expansion in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Hospital Supplies Industry Market Size Be by 2025?
The value of the hospital supplies market has seen robust expansion in the past few years. The market's worth is projected to rise from $52.4 billion in 2024 to $56.15 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.1%. The historic growth can be credited to factors such as the development of healthcare infrastructure, an aging global population, compliance with regulations, economic growth, and advancements in medical devices and supply technology.

What's the Long-Term Growth Forecast for the Hospital Supplies Market Size Through 2029?
In the coming years, the hospital supplies market size is projected to witness considerable growth, increasing to $71.94 billion in 2029 with an annual compound growth rate (CAGR) of 6.4%. Factors such as pandemic readiness, the rise of telemedicine and remote surveillance, sustainability efforts, value-focused care, and the expansion of emerging markets contribute to this expected growth. Additionally, the forecast period will see significant trends like single-use medical equipment, distant management of the supply chain, 3D printed medical supplies, smart healthcare provisions, and tailored personal supplies.

View the full report here:
https://www.thebusinessresearchcompany.com/report/hospital-supplies-global-market-report

What Are the Key Growth Drivers Fueling the Hospital Supplies Market Expansion?
The growth of the hospital supplies market is predicted to be driven by the surge in the number of hospitals. Hospitals, which are institutions dedicated to providing medical and surgical aid to the sick or injured populace, heavily depend on a wide range of medical supplies and equipment to offer high-quality patient care. For example, the total hospital count in May 2023, as stated in a report by the American Hospital Association (AHA), a healthcare trade organization of the US representing hospitals and healthcare networks, rose to 6,129 from 6,093 in 2022. Furthermore, total admissions into all U.S. hospitals reached a figure of 34,011,386, a climb from 33,356,853 in 2022. Consequently, this amplified number of hospitals is anticipated to stimulate the growth of the hospital supplies market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1973&type=smp

What Are the Key Trends Driving Hospital Supplies Market Growth?
The Hospital Supplies market's major players are turning their focus towards creating innovative offerings such as the AESCULAP Aicon Sterile Container System, with an aim to elevate profit margins. This system is exclusively engineered to refine procedures and curtail the threat of dampness. In a recent development, in March 2022, Aesculap Inc., a prominent manufacturer of surgical instruments based in the US, introduced its AESCULAP Aicon Sterile Container System to the market. This sterilization system ensures absolute sterility, thus reducing the probability of surgical procedures being postponed due to unprepared sets, thereby minimizing operational delays in the OR.

How Is the Hospital Supplies Market Segmented?
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 Or Equipment, Disposables

Subsegments:
1) By Disposable Hospital Supplies: Surgical Masks, Gloves, Drapes And Gowns, IV Consumables, Wound Care Products
2) By Sterilization Equipment And Disinfectants: Sterilizers (Autoclaves), Disinfectants Andsanitizers, Sterilization Indicators, UV Sterilizers
3) By Mobility Aids And Transportation Equipment: Wheelchairs, Walkers, Crutches, Patient Lifts, Stretchers
4) By Operating Room Equipment: Surgical Tables, Operating Room Lights, Surgical Instruments, Anesthesia Machines, Patient Monitors

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=1973&type=smp

Which Companies Are Leading the Charge in Hospital Supplies Market Innovation?
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.

Which Regions Are Leading the Global Hospital Supplies Market in Revenue?
Asia-Pacific was the largest region in the global hospital supplies market in 2023. North America was the second largest region in the global hospital supplies market. The regions covered in the hospital supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1973

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.