China Hospital Supplies Market Opportunities, Industry 2030

Segments - China Hospital Supplies Market by Products (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Others) and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

The China hospital supplies market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing incidence of communal diseases coupled with the growing public awareness about hospital-acquired infections. Moreover, the growing healthcare infrastructure is driving the market growth.

A standard set of supplies is required in a hospital to provide comprehensive treatment to patients. For instance, stretchers are used for transporting patients, while defibrillators are commonly used in life-threatening situations such as cardiac arrhythmias defibrillators, which helps in restoring normal rhythm of the heart. Anesthesia machines are designed to provide an accurate and continuous supply of medical gases to maintain a proper level of anesthesia to a patient. Modern anesthesia machines include ventilators, suction units, and patient-monitoring devices.

Patient monitoring devices are standard pieces of medical equipment that keep accurate track of a patient’s condition after surgery. Another crucial piece of supply for hospitals are sterilizers. They kill all forms of microbial life including fungi, bacteria, viruses, spores, and all other entities present on surgical tools and other medical items.

Electrocardiogram (EKG) machines record the electrical activity of the heart over a period of time and allow healthcare providers to monitor the overall rhythm of the heart and identify any abnormalities. For patient surgical procedures, surgical tables are also vital part of the hospital.

Market Trends, Drivers, Restraints, and Opportunities:

Rising hospitalization rate is one of the major drivers that is contributing to the growth of the China hospital supplies market.
High incidence rate of inflammatory and communal diseases such as pneumococcal disease and sexually transmitted diseases is expected to augment the market growth.
Growing preference for home care services can restrain the growth of the market.
The emerging trend of telehealth services can create challenges for the market growth.
Growing number of local players can create challenges for the foreign players who wants to enter the market in China.
Increasing government investment on the healthcare infrastructure is anticipated to positively influence the market growth.
Stringent regulations led by government state bodies can hinder the market growth.
The outbreak of COVID-19 increased the burden on the healthcare sector. This, in turn, had grown the demand for hospital supplies such as ventilators, stretchers, disinfectants, and disposable equipment. Thus, the pandemic has boosted the growth of the market.

Scope of the Report

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

Attributes	Details
Report Title	China Hospital Supplies Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Products (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Others)
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Cardinal Health, B Braun, 3M, Medtronic Plc, and Johnson & Johnson

China Hospital Supplies Market Segment Insights:

Disposable Hospital Supplies segment to account a major market share

Based on products, the market is divided into patient examination devices, operating room equipment, mobility aids and transportation equipment, sterilization and disinfectant equipment, disposable hospital supplies, syringes and needles, and others. The disposable hospital supplies segment is anticipated to account for a major market share due the increasing burden of chronic diseases such as cardiovascular diseases, which is majorly increasing the demand for disposables. Disposable hospital supplies are one-time use products, such as consumables, medical apparatus, and disposable devices, which are consumed in large amount across China.

The sterilization and disinfectant equipment segment is anticipated to exhibit a high CAGR owing to the COVID-19 outbreak, which has encouraged healthcare workers to frequently disinfect the hospitals. On the other hand, the mobility aids and transportation equipment segment is expected to grow at a healthy rate due to the increasing prevalence of new viruses in the country.

Segments

Segments Covered in the Report

The China hospital supplies have been segmented on the basis of

Products

Patient Examination Devices
Operating Room Equipment
Mobility Aids and Transportation Equipment
Sterilization and Disinfectant Equipment
Disposable Hospital Supplies
Syringes and Needles
Others

Country

China

Key Players

Cardinal Health
B Braun
3M
Medtronic Plc
Johnson & Johnson

Competitive Landscape

The major players of the market are Cardinal Health, B Braun, 3M, Medtronic Plc, and Johnson & Johnson.
Companies are investing in various public and private organizations, and also focusing on joint ventures and acquisitions to expand their market share. Moreover, they’re partnering with state government agencies to increase their revenue.

China Hospital Supplies Market keyplayers

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 (000â€™ Units) and Y-o-Y Growth
     4.5.3. Hospital Supplies Market Absolute $ Opportunity
5. Global Hospital Supplies Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Hospital Supplies Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Hospital Supplies Demand Share Forecast, 2019-2026
6. North America Hospital Supplies Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Hospital Supplies Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Hospital Supplies Demand Share Forecast, 2019-2026
7. Latin 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Hospital Supplies Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Hospital Supplies Demand Share Forecast, 2019-2026
8. Europe 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. Europe Average Pricing Analysis
  8.2. Europe Hospital Supplies Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Hospital Supplies Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Hospital Supplies Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Hospital Supplies Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Hospital Supplies Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Hospital Supplies Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Hospital Supplies Market: Market Share Analysis
  11.2. Hospital Supplies Distributors and Customers
  11.3. Hospital Supplies Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cardinal Health
     11.4.2. B Braun
     11.4.3. 3M
     11.4.4. Medtronic Plc
     11.4.5. Johnson & Johnson