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San Francisco, December 6, 2021/PRNewswire/-According to a new report from Grand View Research, Inc, the global hospital consumables market is expected to reach USD 713.1 billion by 2028, a compound annual growth rate during the forecast period The rate is 10.89%. Hospitals, private medical institutions and patients, especially in developed countries, are gradually turning to disposable hospital consumables due to the convenience and safety provided by these products. Therefore, the demand for products is growing rapidly on a global scale, thereby driving market growth. In addition, the increasing prevalence of hospital-acquired infections (HAI) is creating high demand for products in hospitals and other healthcare environments.
The main insights and findings of the report:
Read the 90-page market research report, "By product (non-woven disposable products, disposable medical gloves), by region (North America, Asia Pacific) and market segment forecasts, the size of the hospital consumables market by product from 2021 to 2028, Sharing and trend analysis reports", via Grand View Research
For example, out of every 100 hospitalized patients, 7 are in developed countries and 10 are affected by at least one health care-associated infection (HCAI) in developing countries. A number of measures including the use of disposable and sterile products, disposable gloves, medical gauze, tape, surgical kits and trays, and other disposable hospital consumables are being used to prevent and reduce the prevalence of HAI. In addition, the ever-expanding infrastructure of medical institutions and the ever-increasing maintenance and sanitation needs are further driving market growth.
Many hospitals and healthcare centers are paying great attention to improving the quality of infrastructure and maintaining the efficiency of health and operating systems, which will have a positive impact on market growth. In addition, the large population base of developed countries such as the United States can afford and afford better quality medical care. According to data from CMS.gov, U.S. healthcare expenditures increased by 4.6% in 2019, reaching 3.8 trillion U.S. dollars or $11,582 per capita, accounting for 17.7% of U.S. GDP. Therefore, increasing healthcare expenditure is also one of the key factors that stimulate market growth.
Grand View Research has segmented the global hospital consumables market based on products and regions:
List of major players in the hospital consumables market
View more research related to hospital consumables conducted by Grand View Research:
View Grand View Research's coverage of the global medical device industry
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Grand View Research is a US-based market research and consulting company that provides joint and customized research reports and consulting services. The company is registered in California, is headquartered in San Francisco, has more than 425 analysts and consultants, and adds more than 1,200 market research reports to its huge database every year. These reports provide in-depth analysis of 46 industries in 25 major countries around the world. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and well-known academic institutions understand the global and regional business environment and seize future opportunities.
Sherry James Enterprise Sales Specialist, Grand View Research, Inc., USA Tel: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [Email Protection] Website: https://www.grandviewresearch. com us: LinkedIn | Twitter
SOURCE Grand View Research, Inc.
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