Europe Hospital Supplies Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Europe Hospital Supplies Market Size- By Product Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: HLCA2443 | Pages: 1 - 157 | Formats*: |
| Category : Healthcare | |||
Europe Hospital Supplies Market Introduction and Overview
According to SPER Market Research, the Europe Hospital Supplies Market is estimated to reach USD XX billion by 2033 with a CAGR of 12.99%.
The report includes an in-depth analysis of the Europe Hospital Supplies Market, including market size and trends, product mix, distribution channels, and supplier analysis. Medical supplies and equipment used in hospitals and other healthcare facilities include a variety of tools, equipment, and consumables. Over the previous several years, there has been a notable growth in this sector. Leading manufacturers in the world of hospital supplies are introducing technologically advanced products to assist physicians in providing better care for their patients. The international hospital supplies market is anticipated to expand because it offers a wide range of development and investment opportunities for emerging companies looking to enter the medical device industry.
- June 2022: To expedite the development of digital surgical technologies, FUJIFILM Healthcare Europe partnered with the "Augmented Operating Room" (BOpA) Innovation Chair.
- In the European market, Olympus introduced EASY SUITE, a next-generation operating room (OR) integration solution, in March 2022. Virtual collaboration, procedure recording, medical content management, and video management and routing are all included in EASYSUITE.
Market Opportunities and Challenges
Opportunities: The growing senior population, the increased need for chronic illness, and investments in healthcare infrastructure are the main drivers of the market's expansion. For example, the expected per capita healthcare expenditure in European countries as of August 2022, according to the Organization for Economic Co-operation and Development. Additionally, operating rooms are made to accommodate the use of sophisticated equipment by surgeons and surgical personnel to accomplish treatments. Surgical procedures have expanded dramatically as a result of the growing immigration of Africans and other Mediterranean countries to Europe, which has increased the demand for operating room equipment to be technologically advanced.
Challenges: There are various challenges in the way of the operations and growth trajectory of the European hospital supplies market. An important obstacle is the growing need to keep healthcare expenses under control while maintaining the standard of care. This strain is brought on by aging populations and increased healthcare demand. Hospitals are forced to look for economical solutions without sacrificing patient outcomes as a result, which puts pressure on suppliers to provide competitive prices. Furthermore, the European Union's strict standards and regulations may create obstacles to product clearance and market access, which could cause delays and raise supplier prices.
Market Competitive Landscape
The existence of multiple firms operating both worldwide and regionally has resulted in fragmentation of the hospital supply market in Europe. The competitive landscape comprises an examination of both domestic and foreign firms with notable market shares and market shares, such as Medtronic PLC, Baxter International Inc., Cardinal Health Inc., Becton, Dickinson and Company, Boston Scientific Group, Johnson & Johnson (Ethicon), 3M Company, B. Braun Melsungen AG, and Thermo Fisher Scientific Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type |
| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe |
| Companies Covered | 3M Company, B. Braun Melsungen AG, Baxter International Inc., Boston Scientific Group, Cardinal Health Inc., Cook Medical, Johnson & Johnson (Ethicon), Medtronic PLC, Smith & Nephew, Stryker, Thermo Fisher Scientific Inc., Others. |
COVID-19 Impact on Europe Hospital Supplies Market
The COVID-19 pandemic had a major effect on the hospital supply industry. Because there were more COVID-19 cases requiring ongoing medical supplies during the pandemic, there was a noticeable increase in the demand for hospital resources. The supplies were purchased as part of a major EU-UN effort to aid rural healthcare facilities and mitigate the impact of the country's COVID-19 pandemic. The market is anticipated to see a minor dip as a result of the overspending on hospital supplies during the pandemic. Nevertheless, the market steadily stabilized as COVID-19 cases decreased, leading to the recovery of a normal demand level for the hospital supply.
Key Target Audience:
- Healthcare Providers
- Hospitals and Clinics
- Surgical Centers
- Ambulatory Surgical Centers
- Long-term Care Facilities
- Diagnostic Laboratories
- Blood Banks
- Nursing Homes
- Home Healthcare Providers
- Government Healthcare Agencies
Our in-depth analysis of the Europe Hospital Supplies Market includes the following segments:
| By Product Type: |
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| By Region: |
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Key Topics Covered in the Report:
- Europe Hospital Supplies Market Size (FY’2024-FY’2033)
- Overview of Europe Hospital Supplies Market
- Segmentation of Europe Hospital Supplies Market By Product Type (Patient Examination Device, Operating Room Equipment, Mobility Aids and Transportation Equipment, Syringes and Needles, Sterilization and Disinfectant Equipment, Others)
- Expansion Analysis of Europe Hospital Supplies Market
- Problems and Obstacles in Europe Hospital Supplies Market
- Competitive Landscape in the Europe Hospital Supplies Market
- Impact of COVID-19 and Demonetization on Europe Hospital Supplies Market
- Details on Current Investment in Europe Hospital Supplies Market
- Competitive Analysis of Europe Hospital Supplies Market
- Prominent Players in the Europe Hospital Supplies Market
- SWOT Analysis of Europe Hospital Supplies Market
- Europe Hospital Supplies Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Hospital Supplies Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Hospital Supplies Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Hospital Supplies Market
7. Europe Hospital Supplies Market, By Product Type (USD Million) 2020-2033
7.1. Europe Hospital Supplies Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Hospital Supplies Market Size, Share and Forecast, By Product Type, 2027-20337.3. Patient Examination Device7.4. Operating Room Equipment7.5. Mobility Aids and Transportation Equipment7.6. Syringes and Needles7.7. Sterilization and Disinfectant Equipment7.8. Others
8. Europe Hospital Supplies Market Forecast, 2020-2033 (USD Million)
8.1. Europe Hospital Supplies Market Size and Market Share
9. Europe Hospital Supplies Market, By Region, 2020-2033 (USD Million)
9.1. Europe Hospital Supplies Market Size and Market Share By Region (2020-2026)9.2. Europe Hospital Supplies Market Size and Market Share By Region (2027-2033)9.3. France9.4. Germany9.5. Italy9.6. United Kingdom9.7. Rest of Europe
10. Company Profile
10.1. 3M Company10.1.1. Company details10.1.2. Financial outlook10.1.3. Product summary10.1.4. Recent developments10.2. B. Braun Melsungen AG10.2.1. Company details10.2.2. Financial outlook10.2.3. Product summary10.2.4. Recent developments10.3. Baxter International Inc.10.3.1. Company details10.3.2. Financial outlook10.3.3. Product summary10.3.4. Recent developments10.4. Boston Scientific Group10.4.1. Company details10.4.2. Financial outlook10.4.3. Product summary10.4.4. Recent developments10.5. Cardinal Health Inc.10.5.1. Company details10.5.2. Financial outlook10.5.3. Product summary10.5.4. Recent developments10.6. Cook Medical10.6.1. Company details10.6.2. Financial outlook10.6.3. Product summary10.6.4. Recent developments10.7. Johnson & Johnson (Ethicon)10.7.1. Company details10.7.2. Financial outlook10.7.3. Product summary10.7.4. Recent developments10.8. Medtronic PLC10.8.1. Company details10.8.2. Financial outlook10.8.3. Product summary10.8.4. Recent developments10.9. Smith & Nephew10.9.1. Company details10.9.2. Financial outlook10.9.3. Product summary10.9.4. Recent developments10.10. Stryker10.10.1. Company details10.10.2. Financial outlook10.10.3. Product summary10.10.4. Recent developments10.11. Thermo Fisher Scientific Inc.10.11.1. Company details10.11.2. Financial outlook10.11.3. Product summary10.11.4. Recent developments10.12. Others
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Hospital Supplies Market is projected to reach USD XX billion by 2033, growing at a CAGR of 12.99% during the forecast period.
Europe Hospital Supplies Market grew in Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 12.99% during the forecast period.
Europe Hospital Supplies Market CAGR of 12.99% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Hospital Supplies Market size is USD XX billion from 2024 to 2033.
Europe Hospital Supplies Market Segment is covered By Product Type.
The Europe is anticipated to have the highest Market share in the Europe Hospital Supplies Market.
The key players in the Market include Companies Covered 3M Company, B. Braun Melsungen AG, Baxter International Inc., Boston Scientific Group, Cardinal Health Inc., Cook Medical, Johnson & Johnson (Ethicon), Thermo Fisher Scientific Inc., Others.
Medical supplies and equipment used in hospitals and other healthcare facilities include a variety of tools, equipment, and consumables.
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