Germany Hospital Supplies Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Germany Hospital Supplies Market Analysis
During the forecast period, the Germany Hospital Supplies Market is expected to register a 5.5% CAGR.
The COVID-19 pandemic impacted the German hospital supply market. COVID-19 has led to a long-term strain on the German medical supply chain. In addition, the reduced rate of inpatient hospital admissions and cancellation of many surgical procedures in Germany also imposed a slight negative impact on the market. For instance, according to the research report published by Frontiers in January 2021, the overall inpatient hospital admissions decreased by 35.0% in weeks 1 to 4 and by 30.3% in weeks 5 to 8 after the lockdown announcement in 2020 in comparison to previous years in Germany. Similarly, as per the study published by the NCBI in June 2022, compared to the previous years, the number of patients undergoing general and visceral surgery decreased by 22.7%; a decrease of 14.8% was observed for elective procedures; and a decrease of 6.0% for emergency procedures was observed in the first pandemic year. Thus, the demand for hospital supplies was reduced, which had an adverse impact on the market during the initial phase of the pandemic. The lockdown was lifted in 2021 as the number of COVID-19 cases decreased and all non-COVID-19 and surgical interventions were resumed. This has resulted in a gradual improvement in the Germany hospital supplies market, which is expected to continue in the forecast period.
The increasing incidences of communal diseases and high demand for hospital supplies in developing countries, coupled with rising public awareness about hospital-acquired infections, are the major drivers for the market. The high incidence rate of inflammatory and communal diseases such as pneumococcal disease and sexually transmitted diseases is increasing in Germany. For instance, in 2021, the International Agency for Research on Cancer reported that 629,000 people were diagnosed with cancer, and this number is expected to increase to 750,000 by the end of 2040. Such a high incidence of chronic disease is expected to increase the rate of hospital admissions, thereby propelling the demand for hospital supplies in Germany. Because of this, the high number of communicable diseases in Germany is likely to increase the need for hospital supplies, which will help the market grow.
The rising healthcare infrastructure and rising government initiatives to enhance and expand healthcare facilities are also augmenting the demand for hospital supplies, which is expected to boost the market in the country. For instance, according to a NCBI research article published in October 2021, the issue of addressing the current pandemic is instructive for shaping how medicine, public health, and public policy can respond to crises in the future. Thus, such initiatives may create new opportunities for the market, thereby boosting its growth over the forecast period.
But a strict regulatory framework and the rise of home care services could slow the growth of the market over the next few years.
Germany Hospital Supplies Market Trends
This section covers the major market trends shaping the Germany Hospital Supplies Market according to our research experts:
Disposable Hospital Supplies Segment is Expected to Witness Significant Growth Over the Forecast Period
Disposable hospital supplies are one-time-use products, such as consumables, medical apparatus, and disposable devices, which are consumed in large quantities across all hospitals. These products, such as suction catheters, bandages and wraps, exam gowns, surgical sponges, face masks, hypodermic needles, gloves, and needles, are in continuous use by all hospital professionals in any domain, from cleaning to surgical theaters, as well as administrative departments in some cases.
The increasing number of cases of hospital-acquired infections in Germany is one of the major factors propelling the segment's growth. The most common types are bloodstream infections, urinary tract infections, ventilator-associated pneumonia, and surgical site infections. For instance, according to the research study published in 2022, urinary tract infections (UTIs) are common in older people and often difficult to treat, and the incidence rises in patients over the age of 65 in comparison with patients of middle age, where urinary tract infection (UTI) incidence is the lowest. Disposable medical supplies provide the perfect solution as they are easy to use, convenient, and offer high-level protection. Such factors will boost the growth of the disposable medical supplies market in the region during the forecast period. Furthermore, as per the research study published in December 2021, more than 4,127 tuberculosis (TB) cases were recorded in Germany in 2021. This corresponds to an annual tuberculosis (TB) incidence of 5.0 cases per 100,000 people. Tuberculosis incidence was 6.5 cases per 100,000 people in men and 3.5 in women. Thus, such a high prevalence of diseases is anticipated to surge the demand for disposable hospital supplies in the country; therefore, considerable segment growth is expected over the forecast period.
Mobility Aids and Transportation Equipment Segment is Expected to Witness Considerable Growth Over the Forecast Period
Mobility aids and transportation equipment are medical devices used to transport patients or medical products from one place to another. The main types of mobility aids and transport devices are power wheelchairs, manual wheelchairs, walking aids, mobility scooters, stretchers, and stairlifts. Mobility aids are devices designed to help people who have problems moving around freely and independently. Typically, people who have disabilities or injuries, or older adults who are at increased risk of falling, prefer to use mobility aids.
The increasing prevalence of chronic diseases and lifestyle-related disorders, an increasing number of accident cases, a rising geriatric population, and product launches by key players are the major drivers for the market. For instance, according to the NCBI research study published in November 2021, diabetes and cardiovascular disease are two highly prevalent diseases that pose a large health and financial burden on patients in Germany. The same study also stated that in Germany, around 40.0% of deaths and around 18.0% of annual healthcare expenditures were attributable to these two conditions, with coronary heart disease (CHD) being the major contributor to the burden of cardiovascular disease. Therefore, such a scenario may increase the hospital admission rate, owing to which the demand for hospital supplies may increase, thereby propelling the segment's growth.
The rising geriatric population is also one of the major drivers of the market. The geriatric population is the major end-user of mobility aids and transportation equipment. For instance, according to the report published by the Statistisches Bundesamt (Destatis) in December 2022, the number of geriatrics in Germany will rise by roughly 4.0 million to at least 20.0 million by the middle of the 2030s. The number of those aged 80 or over will remain relatively stable until the middle of the 2030s, amounting to between 5.8 and 6.7 million. Thus, a rising geriatric population may increase the demand for mobility aids and transportation equipment in the country, thereby spurring segment growth over the forecast period.
Germany Hospital Supplies Industry Overview
Because of the presence of several key players in the market, the Germany hospital supply market is fragmented. The competitive landscape includes an analysis of a few international as well as local companies that hold significant market share and are well-known in the industry, such as 3M Healthcare, B Braun, Baxter International Inc., Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Medtronic PLC, GE Healthcare, Thermo Fisher Scientific, and Johnson & Johnson, among others.
Germany Hospital Supplies Market Leaders
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Boston Scientific
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Cardinal Health Inc.
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Medtronic
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3M
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B Braun SE
*Disclaimer: Major Players sorted in no particular order
Germany Hospital Supplies Market News
- May 2022: SCHOTT inaugurated a manufacturing plant for pre-fillable polymer syringes at a new facility in Germany. This manufacturing site will manufacture prefillable syringes made of advanced pharmaceutical-grade polymer used for a range of drugs, including mRNA-based formulations.
- January 2021: The WHO partnered with the German Government to deliver medical supplies to countries in the Western Balkan region.
Germany Hospital Supplies Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidences of Communal Diseases
4.2.2 High Demand for Hospital Supplies in Developing Countries Coupled with rising Public Awareness about Hospital Acquired Infections
4.3 Market Restraints
4.3.1 Stringent Regulatory Framework & Emergence of Home Care Services
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD Million)
5.1 By Product
5.1.1 Patient Examination Devices
5.1.2 Operating Room Equipment
5.1.3 Mobility Aids and Transportation Equipment
5.1.4 Sterilization and Disinfectant Equipment
5.1.5 Disposable Hospital Supplies
5.1.6 Syringes and Needles
5.1.7 Other Products
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 3M Healthcare
6.1.2 B Braun SE
6.1.3 Baxter International Inc.
6.1.4 Becton, Dickinson and Company
6.1.5 Boston Scientific Corporation
6.1.6 Cardinal Health Inc.
6.1.7 Medtronic PLC
6.1.8 GE Healthcare
6.1.9 Thermo Fisher Scientific
6.1.10 Johnson & Johnson
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Germany 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. Hospital equipment, patient aids, mobility equipment, and sterilization disposable hospital supplies are examples of these. Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Products are the product segments of the Germany Hospital Supplies Market. The report offers the value (in USD million) for the above segments.
| By Product | |
| Patient Examination Devices | |
| Operating Room Equipment | |
| Mobility Aids and Transportation Equipment | |
| Sterilization and Disinfectant Equipment | |
| Disposable Hospital Supplies | |
| Syringes and Needles | |
| Other Products |
Germany Hospital Supplies Market Research FAQs
What is the current Germany Hospital Supplies Market size?
The Germany Hospital Supplies Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)
Who are the key players in Germany Hospital Supplies Market?
Boston Scientific, Cardinal Health Inc., Medtronic, 3M and B Braun SE are the major companies operating in the Germany Hospital Supplies Market.
What years does this Germany Hospital Supplies Market cover?
The report covers the Germany Hospital Supplies Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Hospital Supplies Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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