Global Hospital Supplies Market Segmented By Type and Geography - Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 11.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 2, 2018--The “Global Hospital Supplies Market - Segmented By Type and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global market for hospital supplies is expected to witness a CAGR of 11.5%. North America was the largest region in the hospital supplies market in 2015, accounting approximately for 50% of the total market share.
The demand of the hospital supplies market is rising in the developing countries. Countries, like Brazil and India have the lowest hospital bed density figures among the major countries. A high and unmet need for the hospital supplies, like sterilization and disinfectant equipment and patient examination devices, exists in these developing countries. This is generating a huge demand for hospital supplies in developing countries. Further growing healthcare infrastructure and rising government initiative to enhance and expand health care facilities are augmenting the demand for hospital supplies, which is expected to boost the market globally.
Many of the healthcare organizations are now partnering with the traditional home healthcare services, or are setting up their own home healthcare services to reduce the procedure and post-procedure costs for the patients. The increase in the usage of home healthcare services, and availability of reimbursement by federal agencies in developed countries, like the United States, are acting as a huge barrier for the hospital supplies market.
North America held the leading position in the market in 2015. The factors attributing to the high market share of North America are the consistent focus on the cost-effective and innovative procedures adopted in the United States, which has shown an increase in the hospital supplies market.
Companies Mentioned3M Healthcare B. Braun Melsungen Ag Baxter International Becton Dickinson Boston Scientific Group Cardinal Health Covidien GE Healthcare Johnson & Johnson Thermo Fisher Scientific
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/48hv8h/global_hospital?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180802005488/en/
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Related Topics:Hospital Management
INDUSTRY KEYWORD: HEALTH MEDICAL SUPPLIES
SOURCE: Research and Markets
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PUB: 08/02/2018 09:36 AM/DISC: 08/02/2018 09:36 AM