United States Hospital Supplies Market Introduction and Overview
According to SPER Market Research, the United States Hospital Supplies Market is estimated to reach USD XX billion by 2033 with a CAGR of 11.45%.
The report includes an in-depth analysis of the United States Hospital Supplies Market, including market size and trends, product mix, applications, and supplier analysis. The different medical equipment, tools, and consumables utilised in healthcare facilities like clinics, hospitals, and diagnostic centres are referred to as hospital supplies. These items are essential for supporting medical procedures, providing high-quality patient care, and upholding a clean and safe atmosphere. Surgical gloves, syringes, catheters, bandages, sterilisation supplies, patient beds, and diagnostic kits are just a few of the many items they cover.
- May 2024: Johnson & Johnson introduces the ECHELON LINEAR Cutter. It is one of the first linear cutters to market that combines two revolutionary and exclusive technologies: 3D-Stapling Technology and Gripping Surface Technology.
- In April 2024, MOLLI Surgical introduced the OncoPen, a minimally invasive surgical instrument intended to help surgeons treat patients with breast cancer.
Market Opportunities and Challenges
Opportunities- Growing awareness of health and hygiene procedures, especially in hospitals, will present market participants with profitable opportunities. Sales in the market will be driven by the growing disposable income and the big patient base brought on by emerging economies' lack of hygiene awareness. The demand for hospital supplies is rising as a result of the expansion of hospitals across the globe brought about by rising healthcare spending. In addition to raising the death and morbidity rates, other variables like the rise in nosocomial infections have also raised the healthcare burden by lengthening hospital stays. In order to reduce the incidence of hospital-acquired illnesses, agencies like the CDC and WHO are working extremely hard to develop guidelines and carry out extensive research.
Challenges- The growth of the hospital supplies market may be hampered by regulatory structure and the emergence of personalised medicine. To lower surgical and post-procedure expenses for patients, a number of healthcare facilities are forming their own home healthcare services or collaborating with conventional home healthcare providers. There are major obstacles facing the hospital supply sector as a result of the growing use of home healthcare services and government reimbursement in developed nations like the US. The market's stringent regulatory framework and the emergence of personalised medicine are further factors impeding market growth.
Market Competitive Landscape
The US hospital supplies industry is highly fragmented, with several significant competitors vying for market dominance. Several prominent players are currently focussing on producing novel goods and advancing technologies in order to broaden their worldwide market reach and gain market share.
The competitive landscape contains an examination of some well-known international and local corporations, such as Boston Scientific Corporation, B Braun SE, 3M, Cardinal Health Inc., and Medtronic PLC.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By End User.
|
| Regions covered | Midwest Region, Northeast Region, Southwest Region, and West Region. |
| Companies Covered | Cardinal Health Inc, Boston Scientific Corporation, B Braun SE, 3M, Thermo Fisher Scientific Inc, Baxter International Inc, Becton, Dickinson and Company, Medtronic PLC, Johnson & Johnson, GE Healthcare. |
COVID-19 Impact on United States Hospital Supplies Market
The market for hospital supplies has been greatly influenced by the COVID-19 outbreak. Personal protective equipment (PPE), such as masks, gloves, and gowns, saw an unheard-of increase in demand. Disruptions in global supply chains made it difficult for healthcare facilities to get a sufficient supply of necessary hospital goods. The necessity for strong healthcare infrastructure and efficient infection control procedures was brought to light by the pandemic, which increased demand for hospital supplies.
Product Insights
Hypodermic and Radiology product sales are expected to remain high. In terms of product type, hypodermic and radiological goods accounted for 17.6% of the global market in 2021. Needles and syringes are commonly used in hospitals and diagnostic labs to draw blood and inject medications. On the other hand, radiological equipment such as X-ray machines and C-Arms, which are frequently used by doctors in routine diagnosis, particularly during surgical procedures, necessitate the use of related disposable goods to prevent the infection from spreading to patients.
Key Target Audience:
- Hospitals and Healthcare Facilities
- Hospital Administrators and Procurement Managers
- Medical Device Distributors
- Government Healthcare Agencies
- Private and Public Hospitals
- Clinics and Ambulatory Care Centers
- Surgical Centers
- Group Purchasing Organizations (GPOs)
- Medical Supply Manufacturers
Our in-depth analysis of the United States Hospital Supplies Market includes the following segments:
| By Product: | Sterilization ConsumablesWound Care ProductsDialysis ProductsInfusion ProductsHypodermic & Radiology ProductsIntubation & Respiratory SuppliesSurgical Procedure Kits & TraysBlood Management & Diagnostic SuppliesGeneral Disposable Products |
| By End User: | HospitalsAmbulatory Surgical CentresClinicsDiagnostic CentresLong Term Care CentresNursing Facilities |
Key Topics Covered in the Report:
- United States Hospital Supplies Market Size (FY’2024-FY’2033)
- Overview of United States Hospital Supplies Market
- Segmentation of United States Hospital Supplies Market By Product (Sterilization Consumables, Wound Care Products, Dialysis Products, Infusion Products, Hypodermic & Radiology Products, Intubation & Respiratory Supplies, Surgical Procedure Kits & Trays, Blood Management & Diagnostic Supplies, General Disposable Products)
- Segmentation of United States Hospital Supplies Market by End User (Hospitals, Ambulatory Surgical Centres, Clinics, Diagnostic Centres, Long Term Care Centres, Nursing Facilities)
- Statistical Snap of United States Hospital Supplies Market
- Expansion Analysis of United States Hospital Supplies Market
- Problems and Obstacles in United States Hospital Supplies Market
- Competitive Landscape in the United States Hospital Supplies Market
- Impact of COVID-19 and Demonetization on United States Hospital Supplies Market
- Details on Current Investment in United States Hospital Supplies Market
- Competitive Analysis of United States Hospital Supplies Market
- Prominent Players in the United States Hospital Supplies Market
- SWOT Analysis of United States Hospital Supplies Market
- United States Hospital Supplies Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Hospital Supplies Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Hospital Supplies Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Hospital Supplies Market
7. United States Hospital Supplies Market, By Product (USD Million) 2020-2033
7.1. United States Hospital Supplies Market Size, Share and Forecast, By Product, 2020-2026
7.2. United States Hospital Supplies Market Size, Share and Forecast, By Product, 2027-2033
7.3. Sterilization Consumables
7.4. Wound Care Products
7.5. Dialysis Products
7.6. Infusion Products
7.7. Hypodermic & Radiology Products
7.8. Intubation & Respiratory Supplies
7.9. Surgical Procedure Kits & Trays
7.10. Blood Management & Diagnostic Supplies
7.11. General Disposable Products
8. United States Hospital Supplies Market, By End User (USD Million) 2020-2033
8.1. United States Hospital Supplies Market Size, Share and Forecast, By End User, 2020-2026
8.2. United States Hospital Supplies Market Size, Share and Forecast, By End User, 2027-2033
8.3. Hospitals
8.4. Ambulatory Surgical Centres
8.5. Clinics
8.6. Diagnostic Centres
8.7. Long Term Care Centres
8.8. Nursing Facilities
9. United States Hospital Supplies Market Forecast, 2020-2033 (USD Million)
9.1. United States Hospital Supplies Market Size and Market Share
10. United States Hospital Supplies Market, By Region, 2020-2033 (USD Million)
10.1. United States Hospital Supplies Market Size and Market Share By Region (2020-2026)
10.2. United States Hospital Supplies Market Size and Market Share By Region (2027-2033)
10.3. Midwest Region
10.4. Northeast Region
10.5. Southwest Region
10.6. West Region
11. Company Profile
11.1. Cardinal Health Inc
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Boston Scientific Corporation
11.2.1. Financial outlook
11.2.2. Product summary
11.2.3. Recent developments
11.3. B Braun SE
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. 3M
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Thermo Fisher Scientific Inc
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Baxter International Inc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Becton, Dickinson and Company
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Medtronic PLC
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Johnson & Johnson
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. GE Healthcare
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links