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Asia Pacific Hospital Supplies Market Size, Industry 2031
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Asia Pacific Hospital Supplies Market Size, Industry 2031

Segments - Asia Pacific Hospital Supplies Market by Types (Physical Examination Devices, Operating Room Equipment, Mobility Aids & Transportation Equipment, Sterilization & Disinfectant Products, Disposable Hospital Supplies, Syringes & Needles, and Others) and Geographies (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-1054 | 4.4 Rating | 65 Reviews | 190 Pages | Format : PDF Excel PPT

Report Description


The Asia Pacific hospital supplies market size was USD 2464.08 Billion in 2022 and is likely to reach USD 4568.36 Billion by 2031, expanding at a CAGR of 7.1% during 2023 – 2031. The growth of the market is attributed to the increasing awareness about hospital acquired infections (HAIs).

A hospital is a healthcare institution that provides patient treatment with specialized nursing staff, medical equipment, and hospital supplies. Hospital supplies include medical equipment and devices, which are supplied to various medical centers, medical institutions, and hospitals for their daily operation.

Asia Pacific Hospital Supplies Market Outlook

Hospital supplies constitute medical utility products that serves both patients and medical professionals within the hospital infrastructure. These include hospital equipment, patient aids, transportation & mobility equipment, sterilization & disinfectants, disposable hospital supplies, patient examination devices, operating room equipment, and syringes & needles.

Injection products consist of painless and needle-free injections, which are replacement to conventional injections for faster delivery of drugs, hormone treatments, insulin, and vaccines. Painless injections include microneedle patches to deliver drugs to a patient’s body.

Microneedle patches are skin-patches equipped with tiny plastic needles that dissolve within a short period and deliver vaccine painlessly in the form of pressured stream of liquid. These devices are utilized to avoid pain and manage chronic illness such as diabetes. Hospitals also supply other safety enhanced devices along with medical lasers, endoscopes, diagnostic equipment, and dental equipment.

  • Increasing incidence of chronic diseases coupled with the growing awareness about the same is projected to boost the market growth.
  • Rising number of hospital beds is estimated to spur the market expansion in the coming years.
  • Growing healthcare infrastructure and rising government initiatives to enhance and expand health care facilities are increasing the demand for hospital supplies, spurring the growth of the market.
  • Rising aging population has increasing the demand for hospital supplies, contributing to the market growth.
  • The COVID-19 pandemic had increased the burden on the healthcare industry, increasing the demand for hospital supplies across the globe. This, in turn, had create lucrative opportunities for industry players in 2020 and is expected to continue in the coming years.
  • Huge number of people with unattended diseases and injuries, which can be treated only in hospitals, is expected to drive the market expansion in the projected timeline.
  • High unmet requirement for hospital supplies such as sterilization & disinfectant equipment and patient examination devices, which are necessary for preventing spread for communicable diseases in the hospital environment is anticipated to hamper the market growth.
  • Growing popularity of home care services and stringent regulations are some of the major factors that can restrict the market growth during the forecast period.
  • Ongoing technological advancement can generate high demand for hospital supplies and create significant opportunities for the market players during the forecast period.

Scope of the Asia Pacific Hospital Supplies Market Report

The report on the Asia Pacific hospital supplies market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Hospital Supplies Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Physical Examination Devices, Operating Room Equipment, Mobility Aids & Transportation Equipment, Sterilization & Disinfectant Products, Disposable Hospital Supplies, Syringes & Needles, and Others)

Geographic Scope

China, Japan, India, Australia, South Korea, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3M, Medtronic, Cardinal Health, Boston Scientific Corporation, and B. Braun Melsungen AG.

 

Asia Pacific Hospital Supplies Market Segment Insights

Operating room equipment segment is projected to account for a large market share

Types Segment Analysis

On the basis of types, the market is segmented into physical examination devices, operating room equipment, mobility aids & transportation equipment, sterilization & disinfectant products, disposable hospital supplies, syringes & needles, and others.

The operating room equipment segment is expected to constitute a key market share during the forecast period owing to increasing demand for equipment among clinicians to operate patients with safety and precision. Conversely, the syringes and needles segment is anticipated to grow at a healthy rate owing to ongoing advancement in the injection administration technology.
 

Asia Pacific Hospital Supplies Market Types Segmentation

China is anticipated to dominate the market
On the basis of geographies, the market is segmented into China, Japan, India, Australia, South Korea and Rest of Asia Pacific. China is projected to dominate the market during the market period owing to the increasing number of hospitals. Moreover, increasing spending of government on healthcare infrastructure is driving the growth of the market in the country.

Segments

Segments Covered in the Report
The Asia Pacific hospital supplies market has been segmented on the basis of

Types
  • Physical Examination Devices
  • Operating Room Equipment
  • Mobility Aids & Transportation Equipment
  • Sterilization & Disinfectant Products
  • Disposable Hospital Supplies
  • Syringes & Needles
  • Others
Geographies
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
Key Players

Competitive Landscape

Key players competing in the Asia Pacific hospital supplies market include 3M, Medtronic, Cardinal Health, Boston Scientific Corporation, and B. Braun Melsungen AG.

 Asia Pacific Hospital Supplies Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hospital Supplies Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Hospital Supplies Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Hospital Supplies Market - Supply Chain
  4.5. Global Hospital Supplies Market Forecast
     4.5.1. Hospital Supplies Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Hospital Supplies Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Hospital Supplies Market Absolute $ Opportunity
5. Global Hospital Supplies Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Hospital Supplies Market Size and Volume Forecast by Types
     5.3.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hospital Supplies Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Hospital Supplies Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Hospital Supplies Demand Share Forecast, 2019-2026
7. North America Hospital Supplies Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Hospital Supplies Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Hospital Supplies Market Size and Volume Forecast by Types
     7.4.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Hospital Supplies Demand Share Forecast, 2019-2026
8. Latin America Hospital Supplies Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Hospital Supplies Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Hospital Supplies Market Size and Volume Forecast by Types
     8.4.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Hospital Supplies Demand Share Forecast, 2019-2026
9. Europe Hospital Supplies Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Hospital Supplies Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Hospital Supplies Market Size and Volume Forecast by Types
     9.4.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Hospital Supplies Demand Share Forecast, 2019-2026
10. Asia Pacific Hospital Supplies Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Hospital Supplies Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Hospital Supplies Market Size and Volume Forecast by Types
     10.4.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Hospital Supplies Demand Share Forecast, 2019-2026
11. Middle East & Africa Hospital Supplies Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Hospital Supplies Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Hospital Supplies Market Size and Volume Forecast by Types
     11.4.1. Physical Examination Devices Operating Room Equipment Mobility Aids & Transportation Equipment Sterilization & Disinfectant Products Disposable Hospital Supplies Syringes & Needles Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Hospital Supplies Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Hospital Supplies Market: Market Share Analysis
  12.2. Hospital Supplies Distributors and Customers
  12.3. Hospital Supplies Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. 3M Medtronic Cardinal Health Boston Scientific Corporation B. Braun Melsungen AG

Methodology

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