by The global Hospital Consumables market size is expected to be worth around US$ 813.1 billion by 2030, according to a new report by Vision Research Reports.
The global Hospital Consumables market size was valued at US$ 350.6 billion in 2020 and is anticipated to grow at a CAGR of 11.2% during forecast period 2021 to 2030.
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Table of Contents
Hospital Consumables Market Growth Factors
The rising number of surgeries, increasing prevalence of chronic diseases, and growing elderly population are the key factors driving the market growth. Moreover, technological advancements in surgical procedures and rising preference for minimally/non-invasive surgeries are further contributing to market growth. Furthermore, the impact of COVID-19 across the globe is accelerating market growth.Chronic diseases, including Cardiovascular Diseases (CVDs), chronic respiratory diseases, diabetes, cancer, and mental illnesses, have become a leading cause of mortality and disability worldwide.
The demand for Minimally Invasive Surgeries (MIS) is increasing rapidly across the globe. These procedures cause lesser trauma to patients and facilitate quicker recovery than invasive procedures, such as open-heart surgery. Research results published by manufacturers (Ethicon Endo-Surgery, Inc.)
Hospital Consumables Market Report Coverage
| Report Scope | Details |
| Market Size | US$ 813.1 Billion by 2030 |
| Growth Rate | CAGR of 11.2% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | McKesson Medical-Surgical Inc.; Medline Industries, Inc.; B. Braun Melsungen A.G.; Terumo Medical Corp.;Owens and Minor; Smith and Nephew, Inc.; Cardinal Health; 3M; Baxter; Fresenius Medical Care AG & Co. KGaA |
By Product Analysis
The non-woven productsegment accounted for the largest revenue share of more than 22% in 2020.The highest market penetration is owing to its increasing adoption during surgeries and checkups.
On the basis of product, the market has been segmented into 18 key product categories comprising disposable medical gloves, IV kits, medical gauze, disposable syringes, sharps disposable containers, catheters, non-woven disposable products, surgical blades, medicine cups, cannula, guidewires, thermometer, stethoscope, glucometer strips, IV solutions, BP monitors, procedure trays and others.
The IV solutions segment is expected to grow at a CAGR of 12.2% during the forecast period. IV solutions are a mixture of vital nutrients that are used to treat electrolyte imbalances, restore fluid losses, and preserve fluid balance in IV therapy.
By Regional Analysis
Asia Pacific dominated the global market with the largest revenue share of more than 31% in 2020. Advancements in technology, increase in investments, improvements in reimbursement scenario, and rise in medical tourism are factors likely to drive the market growth.
North America accounted for the second-largest market share owing to increased surgical procedures, favorable reimbursement policies, conducive regulatory reforms in the healthcare sector, and well-established healthcare infrastructure.
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Major Key Players Covered in The Hospital Consumables Market Report include
- McKesson Medical-Surgical Inc.
- Medline Industries, Inc.
- B. Braun Melsungen A.G.
- Terumo Medical Corp.
- Owens and Minor
- Smith And Nephew, Inc.
- Cardinal Health
- 3M
- Baxter
- Fresenius Medical Care AG & Co. KGaA
Hospital Consumables Market Segmentation
Hospital Consumables Product
- Disposable Medical Gloves
- IV Kits
- Medical Gauze & Tapes
- Disposable Syringes
- Sharps Disposable Containers
- Catheters
- Non-woven Disposable Products
- Surgical Blades
- Medicine Cups
- Cannula
- Guidewires
- Thermometer
- Stethoscope
- Glucometer Strips
- IV Solutions
- 50 ml
- 100 ml
- 250 ml
- 500 ml
- 1000 ml
- BP Monitors
- Procedure Trays
- Others
Hospital Consumables Regional
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- MEA
- South Africa
- Saudi Arabia
- UAE
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Hospital Consumables Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Hospital Consumables Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Hospital Consumables Market, By Product
7.1. Hospital Consumables Market, by Product, 2021-2030
7.1.1. Disposable Medical Gloves
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. IV Kits
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Medical Gauze & Tapes
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Disposable Syringes
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Sharps Disposable Containers
7.1.5.1. Market Revenue and Forecast (2017-2030)
7.1.6. Catheters
7.1.6.1. Market Revenue and Forecast (2017-2030)
7.1.7. Non-woven Disposable Products
7.1.7.1. Market Revenue and Forecast (2017-2030)
7.1.8. Surgical Blades
7.1.8.1. Market Revenue and Forecast (2017-2030)
7.1.9. Medicine Cups
7.1.9.1. Market Revenue and Forecast (2017-2030)
7.1.10. Cannula
7.1.10.1. Market Revenue and Forecast (2017-2030)
7.1.11. Guidewires
7.1.11.1. Market Revenue and Forecast (2017-2030)
7.1.12. Thermometer
7.1.12.1. Market Revenue and Forecast (2017-2030)
7.1.13. Stethoscope
7.1.13.1. Market Revenue and Forecast (2017-2030)
7.1.14. Glucometer Strips
7.1.14.1. Market Revenue and Forecast (2017-2030)
7.1.15. IV Solutions
7.1.15.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Hospital Consumables Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2017-2030)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
Chapter 9. Company Profiles
9.1. McKesson Medical-Surgical Inc.
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Medline Industries, Inc.
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. B. Braun Melsungen A.G.
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Terumo Medical Corp.
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Owens and Minor
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Smith And Nephew, Inc.
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Cardinal Health
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. 3M
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Baxter
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Fresenius Medical Care AG & Co. KGaA
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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