Hospital Supplies Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2016 – 2024: Global Market Insights Inc. As per the medical report “Hospital Supplies Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Italy, Spain, France, China, India, Japan, Australia, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, UAE, Egypt), Application Growth Potential, Competitive Market Growth & Forecast, 2017 – 2024”, by Global Market Insights, Inc., says Hospital Supplies Market size will witness a considerable growth over the forecast period. Remarkable increase in adoption of disposable hospital supplies across the globe, growing concern about hospital acquired infections (HAIs) should fuel the demand for disposable products. The governments in developed countries are encouraging the use of disposable hospital supplies in order to contain the healthcare costs incurred in treating HAIs. This trend has also resulted in increased adoption of single-use syringes and needles across the world. Growing concern about nosocomial infection will drive demand for sterilization and disinfectant in wound management.
Increase in geriatric population, developments in healthcare infrastructure, favorable government initiatives in developing countries to offer better healthcare facilities, technological advancements such as the introduction of specialized operating room tables, Light Emitting Diode (LED) lights for operating rooms, pre-filled syringes, plastic syringes, single-use syringes, and digital thermometers will boost the hospital supplies market’s growth. CDC offers guidelines for hospital supplies. Regulations address the risks of disease transmission; few guidelines exist concerning disinfection and sterilization. Rise of home care services will restrain the market. Based on product, the industry can be segmented into disposable hospital supplies, patient examination devices, syringes and needles, mobility aids and transportation equipment, sterilization and disinfectant equipment, operating room equipment. The disposable hospital supplies sector will lead the market, being the fastest growing sector in the global hospital supplies market. U.S. will drive regional hospital supplies market share due to increasing percentage of the elderly as part of the total global population, mass immunization programs and rise in the patient pool and growing need for insulin and vaccines will drive the 1|Page