The United Kingdom
hospital supplies market is anticipated to witness a growth of steady CAGR in
the forecast period, 2023-2027. Increased incidence of chronic diseases around
the globe and the growing healthcare expenditure by the healthcare facilities are
the primary drivers for the United Kingdom hospital supplies market. Also, the
rise in usage of preventive measures to manage and control hospital-acquired
infections and the digitization of healthcare facilities is expected to
contribute to the market growth in the coming years.
Quality Healthcare System
Drives the Market Growth
The United Kingdom has a
government-sponsored universal healthcare system called National Health Service
(NHS). It consists of a series of the publicly funded healthcare system in the
United Kingdom. The number of hospitals in the United Kingdom, as of Oct 2021,
was 1229. It includes the National Health Services Scotland, National Health
Services England, Social Care in Northern Ireland, and National Health Services
Wales. Citizens can avail the healthcare services in the system and also have
the option to buy private health
insurance.
According to a study of seven industrialized countries, the United Kingdom
healthcare system is one of the most efficient healthcare systems around the
globe. The Commonwealth Fund report examined the five areas of performance,
including efficiency, equity, healthy lives, quality, and access to care, in
which the Netherlands ranked first, which was closely followed by the United Kingdom
and Australia. The United Kingdom came first in the quality of care and access
to care. It also ranked first in efficiency, which was measured by analyzing
the total national spending on healthcare as a percentage of GDP. Also, the
government is increasing the healthcare expenditure to develop infrastructure
and invest in the upgrade of medical devices and equipment used to treat
patients on a large scale. Therefore, the availability of a well-equipped
healthcare system and quality healthcare professionals in the country is
expected to fuel the United Kingdom hospital supplies market growth over the
next five years.
Flourishing Medical Tourism
Industry Supports the Market Growth
According to the Medical
Tourism Index, the United Kingdom is among the top 46 destinations around the
globe. Some of the United Kingdom’s private hospitals, such as The London
Clinic, are among the best hospitals in the world. The healthcare system is
among the most renowned healthcare system worldwide and boasts of quality physicians,
facilities, and resources present within the country. Inbound medical tourism
is flourishing and is supported by the ex-pat involvement in traveling from
several countries in the Middle East and Africa region. The increased spending
on availing expensive and complex medical treatments. The government of the
United Kingdom is providing detailed information on their websites to make the
patients ready and aware of the documents required to enter and avail of the
healthcare services. The government is supporting this via waiver for the
visitors from Kuwait, Oman, and Qatar. Therefore, the presence of a quality
healthcare system and booming medical
tourism
industry is expected to propel the United Kingdom hospital supplies market
growth in the coming years.
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Market Segmentation
The 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, others. The United
Kingdom hospital supplies market is studied in major regions namely London,
Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside.
Market Players
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, are the major market players operating in the United Kingdom hospital
supplies market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Type
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Regional scope
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London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, Yorkshire & Humberside
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Key companies profiled
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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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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom hospital
supplies market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
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
- United Kingdom Hospital
Supplies Market, By Region:
o London
o Southeast
o East Anglia
o Scotland
o Southwest
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom hospital supplies
market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United Kingdom hospital supplies market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]