Growing construction of hospital facilities and early detection and improved disease detection is expected to drive the demand for the United Kingdom hospital supplies market in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Hospital Supplies Market By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom hospital supplies market is expected to witness a robust growth in the forecast period, 2023-2027. The main type of hospital supplies includes disposable hospital supplies, operating room equipment, mobility aids, sterilization equipment, disinfectants, and mobility aids, among others. The market is driven by the growing awareness about health and hygiene practices, the large patient pool, and the increased healthcare expenditure capacity of consumers. Cardiovascular diseases are the leading cause of death, along with cancers. The other common diseases are Alzheimer’s disease, chronic obstructive pulmonary disease, pancreatic cancer, prostate cancer, lung, and colorectal cancer, stroke, and ischemic heart disease. The presence of a large number of old age population who are vulnerable to diseases as their immune system is increasing the patient pool in hospital facilities. The country has a strong healthcare system in terms of infrastructure, hospital supplies, hospital beds, and equipment. The government is spending significant amounts on developing healthcare infrastructure and facilities and is investing in purchasing quality hospital supplies. There is high demand for disposable hospital supplies in healthcare facilities. They are kind of one-time-use products, medical apparatus, and disposable products which are consumed in large figures in all the hospital facilities. Patients are becoming more aware and are willing to spend on quality healthcare practices. The products such as surgical sponges, face masks, hypodermic needles, gloves and needles, exam gowns, bandages, and warps are continuously used by healthcare professionals. Therefore, the rise in the hospital admission rates and the launch of advanced hospital supply products by the market players are expected to bolster the United Kingdom hospital supplies market growth over the next five years.
However, the growing popularity of home care services and decline in private health insurance may hinder the United Kingdom hospital supplies market growth in the forecast period.
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United Kingdom hospital supplies market is segmented into type, regional distribution, and competitive landscape.
Based on type, the market is divided into patient examination devices, operating room equipment, mobility aids & transportation equipment, sterilization and disinfectant equipment, disposable hospital supplies, syringes & needles, and others. Patient examination device dominates the market and is expected to maintain their dominance through the next five years. They help the healthcare service providers to monitor the physiological signals of a patient's health. It is used to measure and monitor the patient's health parameters such as respiratory rate, heart rate, blood oxygen saturation, temperature, and other parameters. They help generate accurate and immediate information to make crucial decisions for effective patient care. It helps to give early warnings about the patient health and helps the healthcare professionals decide the necessary changes in the treatment.
Major market players operating in the United Kingdom hospital supplies market are:
- Medtronic United Kingdom
- 3M United Kingdom plc
- B.Braun Medical Limited
- Cardinal Health UK Limited
- Baxter Healthcare Limited
- GE Healthcare UK Limited
- Johnson & Johnson Medical Limited
- Becton Dickinson U.K. Limited
- Boston Scientific Limited
- Stryker (UK) Limited
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“The demand for hospital supplies is increasing due to the rise in the number of hospitals and the old-age population in the country. People are becoming more aware of the negative effects of hospital-acquired infections and are encouraging hospital facilities to adopt preventive measures. The surge in the number of inpatient admissions, an increase in the number of surgical and diagnostic procedures and increasing investments of medical technology companies in research and development activities are the other factors influencing the United Kingdom hospital supplies market demand. Furthermore, the continuous rise in the construction of hospital facilities and the development of the healthcare system are expected to propel the United Kingdom hospital supplies market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based management consulting firm.
“United Kingdom Hospital Supplies Market By Type (Patient Examination Devices, Operating Room Equipment, Mobility Aids & Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes & Needles, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of United Kingdom hospital supplies market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United Kingdom hospital supplies market.
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