Report Sellers has added a new market research report “Global Hospital Supplies Market– Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
According to the report, the global hospital supplies market is expected to witness a moderate growth rate during the forecast period.
The global hospital supplies market is predicted to expand at a CAGR of 10.13% to reach US$65.195 billion in 2022, from US$40.252 billion in 2017. Increasing aging population, and growing awareness regarding Hospital Acquired Infections (HAIs) among others are some of the key factors driving the market growth.
Other additional factors include favorable government policies, aging population, a surge in incidences of communicable diseases, and an increase in the number of medical centers and hospitals. The global hospital supplies market is facing several challenges with the growth being observed due to high demand for personalized medicine, a decline in private health insurance, stringent regulatory framework, and emergence of customized healthcare solution
Competitive Insights: The major companies in global hospital supplies market are Kimberly-Clark Corporation, Advanced Sterilization Products Services Inc., Cardinal Health, Inc., 3M Health Care, Becton, and Dickinson and Company among others.
Companies are increase their market penetration by expanding through merger and acquisitions and strategic partnerships. Also, companies are expanding product portfolios through product innovation and advancements for improving their global footprint and boost their market dominance.
Browse through the complete description and in-depth TOC on “Global Hospital Supplies Market”: https://www.reportsellers.com/market-research-report/Global-Hospital-Supplies-Market—Forecasts-from-2017-to-2022
The global hospital supplies Market is segmented by Product Type, and geographic regions:
By Product Type
Patient Examination Devices
Operating Room Equipment
Mobility Aids & Transportation Equipment
Sterilization & Disinfectant Equipment
Disposable Hospital Supplies
By Geographic Regions
Middle East and Africa
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