PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150077
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150077
The global hospital supplies market size is expected to reach USD 183.67 billion by 2030, according to a new study by Polaris Market Research. The report "Hospital Supplies Market Share, Size, Trends, Industry Analysis Report, By Application (Urology, Wound Care, Radiology, Oncology, Respiratory, Infection Control, Cardiology, IVD, Others); By Type; By End-Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The rising investment from the major players for needle-free injections and the adoption of laser technology in the market are driving market growth over the forecast period. As an alternative to conventional injections for quicker drug, hormone, insulin, and vaccine delivery, injection producers are making significant investments in painless injections and needle-free technology.
Microneedle patches and laser-based devices are two types of painless injections that can be used to administer medication to a patient. Microneedle patches are tiny skin patches with plastic needles that disintegrate quickly and deliver immunizations painlessly as a stream of liquid under pressure. For instance, in December 2019, Adamas Finance Asia declared intentions to invest $5 million in technologies for injections without needles.
In addition to increasing death and morbidity rates, the rise in nosocomial pathogens has indeed increased the cost of healthcare through lengthening hospital stays. As a result, organizations like the CDC and WHO are working extremely hard to come up with policies and carry out rigorous studies to reduce the frequency of infections contracted in hospitals.
Hospital Supplies Market Report Highlights
Oncology products segment grows with a significant CAGR during the forecast period of the global market revenue. The increased global prevalence of cancer, combined with a greater emphasis on early detection and treatment of cancer, is boosting demand for oncology imaging.
The hospital market segment dominated the market and generated the biggest percentage of the total revenue. Due to the rise in the number of patients in metropolitan areas that require extensive hospital supplies, the sector is anticipated to expand.
Asia Pacific is predicted to increase at a significant CAGR during the forecast period. This can be ascribed to factors such as an expanding patient pool, a rise in hospital-acquired diseases, and a higher emphasis on safety precautions in hospital operations.
The global players include 3M Health Care, Boston Scientific Corporation, B. Braun Melsungen AG, Baxter International Co., Ltd., and Cardinal Heath
Polaris Market Research has segmented the hospital supplies market report based on type, application, end-use, and region:
Hospital Supplies, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Diagnostic supplies
Infusion & Injectable Supplies
Intubation & Ventilation Supplies
Personal Protective Equipment
Hand & Arm Protection Equipment
Eye & Face Protection Equipment
Protective Clothing
Foot & Leg Protection Equipment
Surgical Drapes
Other Protection Equipment
Sterilization Consumables
Wound Care Consumables
Advanced Wound Dressings
Surgical Wound Care
Traditional Wound Care
Dialysis Consumables
Hemodialysis Consumables
Peritonea
Disinfectants
Hand Disinfectants
Skin Disinfectants
Surface Disinfectants
Instrument Disinfectants
Catheters
Cardiovascular Catheters
Intravenous Catheters
Urological Catheters
Specialty Catheters
Neurovascular Catheters
Radiology Consumables
Sleep Apnea Consumables
Other Medical Supplies
Hospital Supplies, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Urology
Wound Care
Radiology
Oncology
Respiratory
Infection Control
Cardiology
IVD
Other Applications
Hospital Supplies, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Hospitals
Clinics
Physician Offices
Others
Hospital Supplies, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Hospital Supplies Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Application
Figure 7. Global Hospital Supplies Market, by Application, 2021 & 2030 (USD Billion)
Figure 8. Market by Type
Figure 9. Global Hospital Supplies Market, by Type, 2021 & 2030 (USD Billion)
Figure 10. Market by End-Use
Figure 11. Global Hospital Supplies Market, by End-Use, 2021 & 2030 (USD Billion)
Figure 12. Hospital Supplies Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 13. Strategic Analysis - Hospital Supplies Market