(MENAFN- Ameliorate Digital Consultancy)
The hospital supplies market refers to the market for products and equipment used in healthcare facilities, specifically in hospitals. These products and equipment include medical disposables, surgical instruments, diagnostic equipment, patient monitoring equipment, and hospital furniture. The market is driven by the increasing number of people in need of healthcare services, the growing aging population and the increasing prevalence of chronic diseases. Factors that drive the market for hospital supplies include increasing healthcare expenditure, growing demand for advanced medical technologies, and the increasing number of surgeries and hospital admissions. The major players in the hospital supplies market include Medtronic, GE Healthcare, and Philips Healthcare. The market is expected to grow in the coming years due to the increasing demand for healthcare services, the growing aging population, and the increasing prevalence of chronic diseases.
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). Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Hospital Supplies market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Hospital Supplies market.
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Key Segments Covered in the Hospital Supplies Industry Report
Product Type Surgical Gowns Disposable Gowns Reusable Gowns
Surgical Drapes Disposable Drapes Reusable Drapes
Surgical Gloves Disposable Gloves Reusable Gloves
Surgical Packs Feeding Tubes
End User Hospitals Ambulatory Surgical Centers Specialty Clinics
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After reading the Hospital Supplies market report, readers get insight into:
Major drivers and restraining factors, opportunities and challenges, and the competitive landscape New, promising avenues in key regions New revenue streams for all players in emerging markets Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions Demand and uptake patterns in key industries of the Hospital Supplies market New research and development projects in new technologies in key regional markets Changing revenue share and size of key product segments during the forecast period Technologies and business models with disruptive potential
The evaluation of the competitive landscape in the Hospital Supplies market covers the profile of the following top players:
Cardinal Health Inc. Molnlycke Health Care AB Medline Industries, IncFalcon Technologies International L.L.C. McKesson Corp. Avanos Medical Inc. Braun Melsungen AG Ansell Healthcare LLC 3M Health Care Ltd Vygon SA Paul Hartmann AG
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Some important questions that the Hospital Supplies market report tries to answer exhaustively are:
Key strategic moves by various players in the Hospital Supplies market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares. Which strategies will enable top players in the Hospital Supplies market to expand their geographic footprints? Which new business models are expected to change the course of growth of key regional markets in near future? Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants? Which products segments have in recent years have seen new, lucrative application areas?
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