Hyderabad, India -- (SBWIRE) -- 01/29/2018 -- The report "Hospital Supplies Market by Product Type (Operating Room Equipment, Sterilization & Disinfectant Equipment, Syringes & Needles, Patient Examination Devices, Mobility Aids & Transportation Equipment, Disposable Hospital Supplies) - Forecast to 2021", The Hospital Supplies Market is expected to reach USD 49.21 Billion by 2021 from an estimated USD 28.17 Billion in 2016, at a CAGR of 11.8%. The growth of the Hospital supplies Market is majorly driven by factors like growing awareness concerning HAIs (hospital nonheritable infections), rising range of hospitals, aging population, increasing occurrences of communal diseases, ways like frequent glove swapping and double gloving throughout procedures.

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By-products, the Disposable Hospital Supplies accounted for the largest share of the market in 2016
On the basis of products type, the Hospital Supplies Market has been segmented into Operating Room Equipment, Sterilization & Disinfectant Equipment, Syringes & Needles, Patient Examination Devices, Mobility Aids & Transportation Equipment, and Disposable Hospital Supplies. In 2016, the Disposable Hospital Supplies segment is leading the Hospital Supplies Market, accounting for over a one-fourth of the market. The disposable hospital provides sector is the largest segment. The syringes and needles sector stood second within the Hospital Supplies market and accounted for a 25% share of the world market.

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North America is currently leading the Hospital Supplies market followed by Asia-Pacific and Europe.

However, the Asia-Pacific region that contains nations like China and India is projected to grow at a high CAGR throughout the forecast period because of the increasing population.
The various players in the Hospital Supplies market include Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG.

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