Dublin, Aug. 25, 2020 (GLOBE NEWSWIRE) -- The "Hospital Supplies Global Market Report 2020-30: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider hospital supplies market, and compares it with other markets.
North America was the largest region in the global hospital supplies market, accounting for 39% of the market in 2019. Western Europe was the second largest region accounting for 30% of the global hospital supplies market. Africa was the smallest region in the global hospital supplies market.
Surgical beds and other long-term care beds are now being designed to deliver effective quality care. Technologically advanced beds are combining patients' safety and comfort needs. Key establishments manufacturing medical and surgical beds are focusing on designing beds with multiple advanced technological features. For instance, Hill-Rom's medical surgical bed, Hill-Rom 1000, is designed with multiple controls and features such as bed exit monitoring system, integrated scale, point-of-care nurse controls, one-button dining chair, automatic battery backup, SideCom nurse call and entertainment controls.
The hospital supplies market consists of sales of hospital supplies and related services by entities (organizations, sole traders and partnerships) that produce hospital supplies. This industry includes establishments that produce disposable consumables such as glucose test strips, conventional syringes and others. It also includes establishments manufacturing sterilization equipment and disinfectants used in operation theaters during surgeries and mobility equipment such as wheelchairs, walkers and others to transport patients from one place to another.
The global hospital supplies market is expected to grow from $32.9 billion in 2019 to $44.7 billion in 2020 at a compound annual growth rate (CAGR) of 36.1%. The growth is mainly due to the COVID-19 outbreak and the surge in demand for hospitals supplies including personal protective equipment, surgical supplies, sterilization equipment, disinfectants and hospital beds, among others. With the increasing number of cases, hospitals are flooded with COVID-19 positive patients. In order to meet demand and address the supply shortage concerns, most of the hospitals have also suspended the non-urgent medical procedures. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $50.1 billion in 2023.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Hospital Supplies Market Characteristics
4. Hospital Supplies Market Product Analysis
5. Hospital Supplies Market Supply Chain
6. Hospital Supplies Market Customer Information
7. Hospital Supplies Market Trends And Strategies
8. Hospital Supplies Market Size And Growth
9. Hospital Supplies Market Regional Analysis
10. Hospital Supplies Market Segmentation
11. Hospital Supplies Market Metrics
12. Asia-Pacific Hospital Supplies Market
13. Western Europe Hospital Supplies Market
14. Eastern Europe Hospital Supplies Market
15. North America Hospital Supplies Market
16. South America Hospital Supplies Market
17. Middle East Hospital Supplies Market
18. Africa Hospital Supplies Market
19. Hospital Supplies Market Competitive Landscape
20. Key Mergers And Acquisitions In The Hospital Supplies Market
21. Market Background: Medical Equipment Market
22. Recommendations
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/ky3143
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