General Hospital Supplies Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033

General Hospital Supplies Market Report Overview

The general hospital supplies market size was $12.7 billion in 2023. Factors such as the solid awareness about ensuring medical facilities will drive the market growth at a CAGR of more than 2% from 2023 to 2033.

General hospital supplies support patient care and safety irrespective of the reason they might be visiting the hospital. General hospital supplies form the equipment base of all healthcare facilities in any country. For any kind of treatment to be successful, it is a necessity that the hospital is equipped with the basic supplies covered in this model, such as hospital beds, IV poles, overbed tables, etc. Therefore, the market for these devices has been strong historically and will continue to be strong as long as there is hospital infrastructure to support it.

General Hospital Supplies Market Outlook 2023-2033 ($ Billion)

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The general hospital supplies market research report identifies quantitative market trends within hospital supplies therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also covers in detail the effects of COVID-19 on the general hospital supplies market for 2020 and beyond. Furthermore, the report provides general hospital supplies market share by a company that will help in identifying untapped market opportunities.

General Hospital Supplies Market Segments

The key segments in the general hospital supplies market are hospital beds, blanket warming cabinets, exam tables, overbed tables, and IV poles among others. In 2023, hospital beds was the leading segment of the general hospital supplies market.

Hospital beds are the largest device segment covered in this model. The three types of beds covered (Medical/Surgical, Speciality, and Critical Care) have the utmost importance in hospitals. Medical/surgical beds make up a significant portion of total hospital beds as they are used for patients during visits, once admitted, and during surgeries. Speciality beds cater to specific patient needs such as patient size, weight, or any other special requirements, and command the smallest market size of all hospital bed types. Critical care beds also command significant market value, as they are beds used for critically ill patients and are typically priced much higher than the other bed types.

General Hospital Supplies Market Analysis by Segments, 2023 (%)

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Regional Analysis of General Hospital Supplies Market

The key regions in the general hospital supplies market are Asia-Pacific, Europe, the Middle East, and Africa. North America and South and Central America are other leading regional markets. In 2023, the Asia Pacific general hospital supplies market was the leading regional segment.

The region will retain its market dominance during the projected period. Government initiatives to enhance healthcare infrastructure, a large consumer base, and high disposable income are a few of the leading factors that will boost the region’s general hospital supplies sales.

India and China will be two emerging markets in the region. Improving patient access to healthcare coupled with the rising physician and patient awareness of minimally invasive procedures will propel the general hospital supplies market demand.

General Hospital Supplies Market Analysis by Regions, 2023 (%)

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General Hospital Supplies Market – Competitive Landscape

In 2023, Baxter International’s general hospital supplies market share was the highest

The major players in the General hospital supplies market are:

• Stryker Corp
• Baxter International Inc
• Linet Group SE
• ENTHERMICS Medical Systems
• Future Health Concepts Inc

The general hospital supplies market is very fragmented as there are several domestic players present within specific countries. Competition is based on pricing; hence the suppliers hold the bargaining power. In developing countries, the demand for hospital supplies increases day by day, which increases competition amongst these local companies. In developing countries, companies can use this opportunity to expand their market by taking into account the best pricing and marketing strategies based on the country they are operating in.

Baxter International Inc. dominated the general hospital supplies market share in 2023. Stryker Corp and Linet Group SE are other companies following the lead.

General Hospital Supplies Market Analysis by Companies, 2023 (%)

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General Hospital Supplies Market Dynamics

• Drivers: The overall increase in the number of newly-built hospitals that need to be stocked with general hospital supplies is the main general hospital supplies market driver. Furthermore, rising awareness and the need for existing medical facilities to be prepared with adequate amounts of general hospital supplies will also propel the market’s demand.
• Barriers: Factors such as the high cost of critical care beds, and weak medical infrastructure in emerging economies might hinder the general hospital supplies market.
• Future Outlook: The general hospital supplies market is made up of devices that are of basic need in any country’s medical infrastructure. The growing need for the improvement of medical facilities worldwide especially in developing countries will drive the positive growth of this market.

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Segments Covered in this Report

General Hospital Supplies Segment Outlook ($ Billion, 2015-2033)

• Hospital Beds
  • Critical Care Beds
  • Medical/Surgical Beds
  • Speciality Beds
• Blanket Warming Cabinets
• Exam Tables
• Overbed Tables
• IV Poles

General Hospital Supplies Regional Outlook ($ Billion, 2015-2033)

• Asia-Pacific
• Europe
• Middle East and Africa
• North America
• South and Central America

Key Inclusions of the market model are:

The general hospital supplies market research report includes an insightful review of the key industry trends.

• The general hospital supplies market report offers an annualized market revenue by segment and market outlooks from 2015-2033.
• The report also includes market-level data on units, average selling prices, and market values.

Regional, Country, and global General hospital supplies Market Insights:

• The general hospital supplies market share report offers qualitative insights on global and regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• General hospital supplies market SWOT analysis.
• The report provides trends and general hospital supplies market competitive dynamics.

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Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources including databases of government procedures and hospital purchasing.

Companies Covered: Hill-Rom Holdings Inc, Linet Group SE, Stryker Corp, Umano Medical Inc, 3M Co, and Others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, and others.

Scope

• Extensive coverage of the general hospital supplies market under development.
• An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
• Reviews of major players involved in the development of the general hospital supplies market and lists all their pipeline projects.
• Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
• Key clinical trial data of ongoing clinical trials specific to pipeline products.
• Recent developments in the segment/industry.

Reasons to Buy

• Understand the COVID-19 impact on general hospital supplies.
• Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
• Develop business strategies by understanding the trends shaping and driving general hospital supplies.
• Understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
• Formulate effective sales and marketing strategies with a detailed evaluation of general hospital supplies market share by company. Identify strong competitors and create winning strategies to stand out in the global general hospital supplies market.
• Track regional general hospital supplies market sales as well as country-specific transactions from 2015-2033.
• Organize your sales and marketing efforts by identifying the global general hospital supplies market segments that present maximum opportunities. Such details will help to make investments and strategic partnerships.