(Australia-NewsWire.Com, January 05, 2017 ) According to the report Global Hospital Supplies Market, published by Market Data Forecast, the global market is projected to reach USD 49.21 billion by 2021, at a CAGR of 11.80% from 2016 to 2021.
The Hospital supplies market has been growing at a substantial rate over the past few years. Technically advanced products are being launched by companies to assist medical professionals in managing their patients. With an extensive category of development and investment prospects for budding players seeking to be a part of the medical device market, continual growth of the global hospital supplies market is expected.
Healthcare is a sector with enormous innovations and developments combining with the technology. Rising number of hospitals, methods such as frequent glove swapping and double gloving during procedures, increasing geriatric population and improved economic situation in the developing countries in this region are the major factors boosting the growth of the Hospital Supplies market.
The Hospital Supplies market is segmented as following:
Based on Product Type:
Operating Room Equipment
Sterilization & Disinfectant Equipment
Syringes & Needles
Patient Examination Devices
Mobility Aids & Transportation Equipment
Disposable Hospital Supplies
Geographical Segmentation:
North America Hospital Supplies Market
Europe Hospital Supplies Market
Asia-Pacific Hospital Supplies Market
Latin America Hospital Supplies Market
Middle East and Africa Hospital Supplies Market
The major companies operating in the global Hospital Supplies market are Advanced Sterilization Products Services Inc. (U.S.), Dickinson and Company (U.S.), Cardinal Health, Inc. (U.S.), Kimberly-Clark Corporation (U.S.), Becton (U.S.), 3M Health Care (U.S.), and B. Braun Melsungen AG (Germany).
The Hospital Supplies Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in Medical Devices Segment:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.