Report Highlights
The global hospital supply market should reach $45 billion by 2023 from $37.5 billion in 2018 at a compound annual growth rate (CAGR) of 3.7% for the period 2018-2023.
Report Includes
- 36 data tables and 28 additional tables
- An overview of the global market for hospital supplies
- Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Discussion on hospital acquired infections (HAI), its prevalence and need for advanced hospital infrastructure for its prevention
- Information on telemedicine and other digital health platforms
- Company profiles of major players in the market, including 3M Co., Becton, Dickinson and Co., B. Braun Melsungen AG, Johnson & Johnson, Thermo Fisher Scientific Inc. and Stryker Corp.
Report Scope
The global hospital supply market generally consists of the following supplies: sterilization consumables (detergents and accessories); syringes and needles (general and specialized syringes); mobility aids and transportation equipment, which includes wheelchairs (manual and powered wheelchairs) and stretchers (manual and motorized stretchers); disposable hospital supplies (gowns, drapes, gloves, procedure kits and trays, and feeding tubes); and patient examination devices (thermometers and stethoscopes). In this study, both branded and non-branded hospital supplies are considered for such products. This report does not include medical devices used in hospitals, and market sizing is restricted to the product types mentioned above.
The scope of the report includes an overview of the global market for hospital supplies and analyses of global market trends, using 2017 as the base year and forecasting 2018 through 2023 with CAGR projections.
The report discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global hospital supply market and current trends within the industry.
Hospital supply end users are categorized into clinics, hospitals and surgical centers. Regional analysis includes North America (U.S., Canada), Europe (U.K., Germany, France, Spain, Rest of Europe), Asia-Pacific (China, India, japan and Rest of Asia-Pacific) and Rest of World.
The report concludes with detailed profiles of the major vendors in the global hospital supply market. Notable industry participants in this market include B. Braun, Becton & Dickinson, Advanced Sterilization Products Services Inc., 3M Healthcare and Kimberly Clark. For market estimates, data has been provided for 2017, the base year, with forecasts for 2018 through 2023. Estimated values used are based on manufacturers’ total and segmental revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Technical Textiles: Global Markets (CHM136C)
- Brain-Computer Interface: Global Markets (IAS180B)
- CRISPR Technology: Global Markets (HLC258C)
- Global IoT Testing Services Market (IFT307A)
- Global Markets and Technologies for Nanofiltration (NAN045D)
Related Reports
Global Medical Tapes Market
The global market for medical tapes is expected to grow from $5.6 billion in 2024 and is projected to reach $7.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.7% during the forecast period of 2024 to 2029.
Operating Room Equipment and Software: Global Markets
The global market for operating room equipment and software reached $26.1 billion in 2022. The market is estimated to increase from $27.8 billion in 2023 to reach $38.9 billion by 2028, at a compound annual growth rate (CAGR) of 6.9% from 2023 through 2028.
Baby Thermometers: Global Markets
The global baby thermometers market should reach $2.0 billion by 2028 from $1.3 billion in 2023 at a compound annual growth rate (CAGR) of 8.6% for the forecast period of 2023 to 2028.
Global Market for Laboratory Disposables
The global market for laboratory disposable products is estimated to increase from $16.0 billion in 2022 to reach $26.3 billion by 2027, at a compound annual growth rate (CAGR) of 10.4% from 2022 through 2027.
Recent Reports
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Infusion Pumps and Devices: Technologies and Global Markets
The global market for infusion pumps is expected to grow from $10.1 billion in 2024 and is projected to reach $14.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.7% during the forecast period of 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Global Oncology Pharmaceuticals Market
The global market for oncology pharmaceuticals is estimated to increase from $196.4 billion in 2023 to reach $401.4 billion by 2029, at a compound annual growth rate (CAGR) of 12.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More