France Hospital Supplies Market Size (2024 - 2029)

France Hospital Supplies Market Analysis

The France Hospital Supplies Market size is estimated at USD 4.10 billion in 2024, and is expected to reach USD 5.18 billion by 2029, growing at a CAGR of 4.79% during the forecast period (2024-2029).

Several factors contribute to the overall growth of the French hospital supplies market. One of them is the increasing incidence of chronic diseases, coupled with growing public awareness of hospital-acquired infections.

The rising prevalence of communicable diseases in France, such as influenza, is anticipated to drive the market growth. For instance, according to the European Centre for Disease Prevention and Control's March 2022 report, France is among the countries in the western-central part of the region that reported seasonal influenza activity at or above 30% positivity in sentinel primary care, with a seasonal influenza activity of 57%. This high incidence of communicable diseases in France is expected to lead to increased adoption of hospital utilities and supplies, driving market growth.

Furthermore, the high elderly population in France has resulted in an increased demand for hospital equipment and supplies, contributing to the growth of France's hospital supplies market. According to the World Health Organization, France's population aged 65 years and above was 14.1 million in 2023. Therefore, the high geriatric population in France is likely to increase the utilization of hospital supplies, as the elderly are more susceptible to infections and diseases.

Moreover, the rising initiatives from the key market players to manufacture medical devices with the intent to supply them in hospitals are anticipated to boost market growth. For instance, in January 2022, Resilience, a French health tech company, raised EUR 40 million (USD 46.8 million) in series A funding to accelerate the deployment of its CE Class IIa medical devices in healthcare institutions and enhance its application with new features dedicated to patient well-being. This funding is expected to help Resilience grow its business and develop new solutions that improve patient outcomes and quality of care in healthcare settings.

Therefore, the increasing incidence of chronic diseases and high demand for hospital supplies, coupled with rising public awareness about hospital-acquired infections, are anticipated to drive market growth. However, stringent regulatory frameworks and the emergence of home care services are expected to hinder market growth.

France 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 enhances the network and transportation between hospitals. These include hospital equipment, patient aid, mobility equipment, and sterilization disposable hospital supplies.

The French hospital supplies market is segmented by product into patient examination devices, operating room equipment, mobility aids and transportation equipment, sterilization and disinfectant equipment, disposable hospital supplies, syringes and needles, and other products.

The report offers market sizes and forecasts in terms of value (USD) for the above segments.