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United Kingdom Hospital Supplies Market Size (2024 - 2029)

The United Kingdom hospital supplies market is experiencing significant growth, driven by increased demand for medical supplies and protective equipment due to the COVID-19 pandemic. This surge has prompted manufacturers to expand production capacities. The market's expansion is further supported by the rising number of hospitals, an aging population, and heightened awareness of hospital-acquired infections. The growing prevalence of chronic diseases, such as heart and circulatory conditions and diabetes, also contributes to the increased need for hospital supplies, thereby positively impacting the market size.

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Market Size of United Kingdom Hospital Supplies Industry

UK Hospital Supplies Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.60 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

UK Hospital Supplies Market Analysis

The United Kingdom Hospital Supplies Market is poised to grow at a CAGR of 5.6% in the forecast period (2022-2027).

The impact of COVID-19 on the United Kingdom hospital supplies market is positive because it has increased the demand for hospital supplies products across the country in the prevention of COVID-19, which led to the rapid rise of hospital supplies products. The rising demand for hospital supplies during the COVID-19 encouraged many players to increase their manufacturing facilities and rate of production. In May 2021, the United Kingdom government announced that it will be sending additional 1,000 ventilators from the UK's surplus supply to Indian hospitals. Moreover, the rising cases of coronavirus necessitates an increase in protective equipment and medical supplies products, that may impact the studied market positively.

The hospital supplies market is increasing at a substantial rate due to the upsurge in the number of hospitals, rapidly increasing aging population, and the increasing awareness about hospital-acquired infections. For instance, as per Centre for Ageing Better, the United Kingdom has an ageing population and it's predicted that by 2042, one in four people in England will be aged 65 or over. The elderly population is expected to grow in the coming years in the UK, and this population is more prone to chronic diseases. In addition, the fact that the geriatric population is more susceptible to acute and chronic diseases indicates that this population is highly responsible for high hospital admission rates, thus pushing the demand in this market.

The rising prevalence of chronic diseases is also a major factor driving the market growth. For instance, as per the July 2021 report of the British Heart Foundation, there were about 7.6 million people in the United Kingdom were living with heart and circulatory diseases, of which 4 million people were male, and 3.6 million were female. Also, the rising diabetic population of the country will have a positive outlook on the market. As per the report of the Diabetes UK, published in February 2020, about, 3.9 million people in the United Kingdom were living with diagnosed diabetes in 2019, with 3.3 million people in the England region, and 90% of these people had type 2 diabetes. Thus, these factors are expected to rise the demand for hospital supplies, thereby boosting the market growth in the coming years.

UK Hospital Supplies Industry Segmentation

As per the scope of the report, medical supplies are found to be specific products used for patient examinations, mobility aids, and transportation purposes. The United Kingdom Hospital Supplies Market is segmented by Product (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types). 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
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United Kingdom Hospital Supplies Market Size Summary

The United Kingdom hospital supplies market is experiencing significant growth, driven by several key factors. The COVID-19 pandemic has positively impacted the market by increasing the demand for hospital supplies, as the need for protective equipment and medical supplies surged. This demand prompted many manufacturers to expand their production capabilities. The market is further bolstered by the rising number of hospitals, an aging population, and heightened awareness of hospital-acquired infections. The elderly demographic, which is more susceptible to chronic and acute diseases, is expected to drive higher hospital admission rates, thereby increasing the demand for hospital supplies. Additionally, the prevalence of chronic diseases, such as heart and circulatory conditions and diabetes, is contributing to market expansion, as these conditions necessitate more medical interventions and supplies.

The disposable hospital supplies segment, including consumables and medical apparatus, holds a significant share of the market due to its extensive use across various hospital departments. The UK's robust healthcare infrastructure, coupled with an increase in surgical procedures and road traffic accidents, is further propelling market growth. The rising number of road accidents has led to a higher demand for medical supplies to treat severe injuries. Major players in the market, such as Boston Scientific Corporation, B Braun Melsungen AG, and Medtronic PLC, are intensifying competition through innovation and investment. The market's growth trajectory is supported by both public and private sector initiatives, including substantial donations of medical supplies to other countries and large-scale orders for vaccination support, highlighting the dynamic nature of the industry.

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United Kingdom Hospital Supplies Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Incidences of Communal Diseases

      2. 1.2.2 Growing Public Awareness about Hospital Acquired Infections

    3. 1.3 Market Restraints

      1. 1.3.1 Emergence of Home Care Services and Stringent Regulatory Framework

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Patient Examination Devices

      2. 2.1.2 Operating Room Equipment

      3. 2.1.3 Mobility Aids and Transportation Equipment

      4. 2.1.4 Sterilization and Disinfectant Equipment

      5. 2.1.5 Disposable Hospital Supplies

      6. 2.1.6 Syringes and Needles

      7. 2.1.7 Other Products

United Kingdom Hospital Supplies Market Size FAQs

The United Kingdom Hospital Supplies Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)

B. Braun Melsungen AG, 3M, Medtronic Plc, Cardinal Helath and Baxter International Inc. are the major companies operating in the United Kingdom Hospital Supplies Market.

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