Market Trends of Germany Hospital Supplies Industry
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.
