United Kingdom Hospital Supplies Market are expected to grow at a robust CAGR till 2027
Growing construction of
hospital facilities and early detection and improved disease detection is
expected to drive the demand for the United Kingdom hospital supplies market in
the forecast period, 2023-2027.
According to TechSci Research report, “United
Kingdom Hospital Supplies Market By Region, Competition Forecast &
Opportunities, 2027”, the United Kingdom hospital supplies market is
expected to witness a robust growth in the forecast period, 2023-2027. The main
type of hospital supplies includes disposable hospital supplies, operating room equipment, mobility
aids, sterilization equipment, disinfectants, and mobility aids, among others.
The market is driven by the growing awareness about health and hygiene
practices, the large patient pool, and the increased healthcare expenditure
capacity of consumers. Cardiovascular diseases are the leading cause of death,
along with cancers. The other common diseases are Alzheimer’s disease, chronic
obstructive pulmonary disease, pancreatic cancer, prostate cancer, lung, and
colorectal cancer, stroke, and ischemic
heart disease. The presence of a large number of old age population who are
vulnerable to diseases as their immune system is increasing the patient pool in
hospital facilities. The country has a strong healthcare system in terms of
infrastructure, hospital supplies, hospital beds, and equipment. The government is spending
significant amounts on developing healthcare infrastructure and facilities and
is investing in purchasing quality hospital supplies. There is high demand for
disposable hospital supplies in healthcare facilities. They are kind of
one-time-use products, medical apparatus, and disposable products which are
consumed in large figures in all the hospital facilities. Patients are becoming
more aware and are willing to spend on quality healthcare practices. The
products such as surgical sponges, face masks, hypodermic needles, gloves and
needles, exam gowns, bandages, and warps are continuously used by healthcare
professionals. Therefore, the rise in the hospital admission rates and the
launch of advanced hospital supply products by the market players are expected
to bolster the United Kingdom hospital supplies market growth over the next
five years.
However, the growing popularity of home care services
and decline in private health insurance may hinder the United Kingdom hospital
supplies market growth in the forecast period.
Browse XX Figures spread through XX Pages and an
in-depth TOC on "United
Kingdom Hospital Supplies Market”.
United
Kingdom hospital supplies market is segmented into type,
regional distribution, and competitive landscape.
Based on type, the market is
divided into patient examination devices, operating room equipment, mobility
aids & transportation equipment, sterilization and disinfectant equipment,
disposable hospital supplies, syringes & needles, and others. Patient
examination device dominates the market and is expected to maintain their
dominance through the next five years. They help the healthcare service
providers to monitor the physiological signals of a patient's health. It is
used to measure and monitor the patient's health parameters such as respiratory
rate, heart rate, blood oxygen saturation, temperature, and other parameters.
They help generate accurate and immediate information to make crucial decisions
for effective patient care. It helps to give early warnings about the patient
health and helps the healthcare professionals decide the necessary changes in
the treatment.
Major market players operating in the United Kingdom hospital supplies
market are:
- Medtronic United Kingdom
- 3M United Kingdom plc
- B.Braun Medical Limited
- Cardinal Health UK Limited
- Baxter Healthcare Limited
- GE Healthcare UK Limited
- Johnson & Johnson Medical Limited
- Becton Dickinson U.K. Limited
- Boston Scientific Limited
- Stryker (UK) Limited
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“The
demand for hospital supplies is increasing due to the rise in the number of
hospitals and the old-age population in the country. People are becoming more
aware of the negative effects of hospital-acquired infections and are
encouraging hospital facilities to adopt preventive measures. The surge in the
number of inpatient admissions, an increase in the number of surgical and
diagnostic procedures and increasing investments of medical technology
companies in research and development activities are the other factors
influencing the United Kingdom hospital supplies market demand. Furthermore,
the continuous rise in the construction of hospital facilities and the
development of the healthcare system are expected to propel the United Kingdom
hospital supplies market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a global research-based management consulting
firm.
“United
Kingdom Hospital Supplies Market By Type (Patient Examination Devices,
Operating Room Equipment, Mobility Aids & Transportation Equipment,
Sterilization and Disinfectant Equipment, Disposable Hospital Supplies,
Syringes & Needles, Others), By Region, Competition Forecast &
Opportunities, 2027” has
evaluated the future growth potential of United Kingdom hospital supplies
market and provided statistics & information on market size, shares, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of United Kingdom hospital
supplies market.
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