United States Hospital Supplies Market Trends, Share, Size, Revenue, Demand and Future Outlook
United States Hospital Supplies Market Growth, Size, Trend Analysis- By Product, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: HLCA2487 | Pages: 1 - 107 | Formats*: |
| Category : Healthcare | |||
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: | |
| By End User: |
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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. 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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. 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. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Hospital Supplies Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2020-20267.2. United States Hospital Supplies Market Size, Share and Forecast, By Product, 2027-20337.3. Sterilization Consumables7.4. Wound Care Products7.5. Dialysis Products7.6. Infusion Products7.7. Hypodermic & Radiology Products7.8. Intubation & Respiratory Supplies7.9. Surgical Procedure Kits & Trays7.10. Blood Management & Diagnostic Supplies7.11. 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, 2020-20268.2. United States Hospital Supplies Market Size, Share and Forecast, By End User, 2027-20338.3. Hospitals8.4. Ambulatory Surgical Centres8.5. Clinics8.6. Diagnostic Centres8.7. Long Term Care Centres8.8. 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 Region10.4. Northeast Region10.5. Southwest Region10.6. West Region
11. Company Profile
11.1. Cardinal Health Inc
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Boston Scientific Corporation
11.2.1. Financial outlook11.2.2. Product summary11.2.3. Recent developments
11.3. B Braun SE
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. 3M
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Thermo Fisher Scientific Inc
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Baxter International Inc
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Becton, Dickinson and Company
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Medtronic PLC
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Johnson & Johnson
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. GE Healthcare
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Hospital Supplies Market is projected to reach USD XX billion by 2033, growing at a CAGR of 11.45% during the forecast period.
United States Hospital Supplies Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of 11.45% during the forecast period.
United States Hospital Supplies Market CAGR of 11.45% during the forecast period.
You can get the sample pages by clicking the link - Click Here
United States Hospital Supplies Market size is USD XX billion from 2024 to 2033.
United States Hospital Supplies Market is covered By Product, By End User.
The North America is anticipated to have the highest Market share in the United States Hospital Supplies Market.
The key players in the Market include 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.
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.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
