China Hospital Supplies Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 11.10 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
China Hospital Supplies Market Analysis
The China hospital supplies market is increasing due to the factors, such as increased incidences of communal diseases coupled with the growing public awareness about hospital-acquired infections are contributing to the overall growth of the hospital supplies market in China. With the increasing COVID-19 situation, the demand for hospital supplies has increased as the hospitalizations have also increased drastically.
In addition, the growing healthcare infrastructure and rising government initiatives to enhance and expand health care facilities are augmenting the demand for China hospital supplies, which is expected to boost the market.
China Hospital Supplies Market Trends
This section covers the major market trends shaping the China Hospital Supplies Market according to our research experts:
Disposable Hospital Supplies Holds the Major Share in the Market Studied
The disposable hospital supplies are one-time use products, such as consumables, medical apparatus, and disposable devices, which are consumed in large figures across all hospitals in China. These products, such as suction catheters, bandages and wraps, exam gowns, surgical sponges, face masks, hypodermic needles, gloves, and needles, are in continuous use to all hospital professionals in any domain, from cleaning to surgical theaters, as well as administrative departments, in some cases.
Furthermore, the increasing cases of COVID 19 and other chronic diseases and increasing infections like pneumonia etc are the major reason for the growth of the segment. Moreover, the increasing burden of chronic diseases like cardiovascular diseases etc is majorly driving the hospitalizations increasing the demand for disposables.
China Hospital Supplies Industry Overview
The increasing innovation and rise in investment for various public and private organizations are expected to intensify the industry rivalry across the world. They are also collaborating with other players, to develop and promote their product, and thus gain recognition in the market.
China Hospital Supplies Market Leaders
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Cardinal Health
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B Braun
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3M
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Medtronic Plc
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Johnson & Johnson
*Disclaimer: Major Players sorted in no particular order
China Hospital Supplies Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Incidences of Communal Diseases
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4.2.2 Growing Public Awareness about Hospital Acquired Infections
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4.3 Market Restraints
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4.3.1 Emergence of Home Care Services
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Patient Examination Devices
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5.1.2 Operating Room Equipment
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5.1.3 Mobility Aids and Transportation Equipment
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5.1.4 Sterilization and Disinfectant Equipment
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5.1.5 Disposable Hospital Supplies
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5.1.6 Syringes and Needles
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5.1.7 Other Products
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 3M Healthcare
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6.1.2 B Braun Melsungen AG
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6.1.3 Baxter International Inc.
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6.1.4 Becton, Dickinson and Company
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6.1.5 Boston Scientific Corporation
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6.1.6 Cardinal Health Inc.
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6.1.7 Medtronic PLC
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6.1.8 Johnson & Johnson
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
China Hospital Supplies Industry Segmentation
As per the scope of the report, hospital supplies include every medical utility product that serves both the patient and medical professional with hospital infrastructure and enhance the network and transportation between hospitals. These include hospital equipment, patient aid, mobility equipment, and sterilization disposable hospital supplies.
China Hospital Supplies Market Research FAQs
What is the current China Hospital Supplies Market size?
The China Hospital Supplies Market is projected to register a CAGR of 11.10% during the forecast period (2024-2029)
Who are the key players in China Hospital Supplies Market?
Cardinal Health, B Braun, 3M, Medtronic Plc and Johnson & Johnson are the major companies operating in the China Hospital Supplies Market.
What years does this China Hospital Supplies Market cover?
The report covers the China Hospital Supplies Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Hospital Supplies Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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