North America Hospital Supplies Market Outlook 2021 | Revenue Models
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The North America Hospital Supplies Market was worth $10.13 billion in 2016 and estimated to be growing at a CAGR of 11.70%, to reach $17.62 billion by 2021. The Hospital supplies market has been growing at a substantial rate over the past few years.
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Technically advanced products are being launched by companies to assist medical professionals in managing their patients. With an extensive category of development and investment prospects for budding players seeking to be a part of the medical device market, continual growth of the hospital supplies market is expected.
The growth of the North America Hospital Supplies Market is majorly driven by factors such as growing awareness about HAIs (hospital acquired infections), aging population, and increasing occurrences of communal diseases. However, advent of home care services, advance of personalized medicine and drop in private health insurance are the major factors hindering the growth of the market.
The North America Hospital Supplies Market is segmented on the basis of product type into Operating Room Equipment, Sterilization & Disinfectant Equipment, Syringes & Needles, Patient Examination Devices, Mobility Aids & Transportation Equipment, and Disposable Hospital Supplies. Disposable hospital supplies lead the market with a market share of 46% followed by syringes and needle segment with a market share of 23%.
The North America market has been geographically segmented into segmented into US and Canada. The USA leads the market in this region with a share of almost 74%. The North America market is very modern and is focused on innovating cost-effective procedures. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
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The major companies dominating the market in this region are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG. The top players in the North America hospital supplies market are likely to face an intense competition from some of the budding companies in the coming years, exemplifying the open nature of this market.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
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Full report at: http://www.marketdataforecast.com/market-reports/north-america-hospital-supplies-market-715/
Technically advanced products are being launched by companies to assist medical professionals in managing their patients. With an extensive category of development and investment prospects for budding players seeking to be a part of the medical device market, continual growth of the hospital supplies market is expected.
The growth of the North America Hospital Supplies Market is majorly driven by factors such as growing awareness about HAIs (hospital acquired infections), aging population, and increasing occurrences of communal diseases. However, advent of home care services, advance of personalized medicine and drop in private health insurance are the major factors hindering the growth of the market.
The North America Hospital Supplies Market is segmented on the basis of product type into Operating Room Equipment, Sterilization & Disinfectant Equipment, Syringes & Needles, Patient Examination Devices, Mobility Aids & Transportation Equipment, and Disposable Hospital Supplies. Disposable hospital supplies lead the market with a market share of 46% followed by syringes and needle segment with a market share of 23%.
The North America market has been geographically segmented into segmented into US and Canada. The USA leads the market in this region with a share of almost 74%. The North America market is very modern and is focused on innovating cost-effective procedures. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
Request sample: http://www.marketdataforecast.com/market-reports/north-america-hospital-supplies-market-715/request-sample
The major companies dominating the market in this region are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG. The top players in the North America hospital supplies market are likely to face an intense competition from some of the budding companies in the coming years, exemplifying the open nature of this market.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases