Middle East & Africa’s Hospital Supplies Market: Growth, Trends, and Forecasts (2019-2024) – ResearchAndMarkets.com
The growth of the
Moreover, increased spending on healthcare, growing awareness about hospital-acquired infections (HAIs) are also increasing the demand for hospital supplies market in this region.
Furthermore, GCC countries have an overall strong demand for the medical devices owing to popular medical tourism destination for several European and Asian population, raising the need of well-established and well-equipped healthcare system, hence, the hospital supplies market in GCC countries is also growing.
However, the high cost of devices, steady demand for home care services, and stringent regulatory bodies are the factors which are hindering the growth of the market.
Key Market Trends
Operating Room Equipment Segment Estimated to Hold Significant Market Share
The public demand for operating room and emergency rooms, where critically ill patients are treated, is witnessing a steady rise. In the MEA region, increasing road traffic accidents, despite advances in safety technology, are among the primary reasons for the rising demand for operating rooms or emergency rooms, along with the necessary equipment.
Trauma cases are among the major causes of death in many African countries. There are a significant number of cases of hemiplegia, paraplegia, and quadriplegia due to road accidents in the region. It is expected that better government involvement through funding, initiatives, and collaboration with multinational companies would provide consistent growth in the operating room equipment segment, witnessing a healthy CAGR.
Competitive Landscape
The major market players include
The increasing innovation and rise in investment for various public and private organizations are expected to intensify the industry rivalry across the globe. For instance, in
Key Topics Covered
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growth in
4.2.2 Increasing Occurrences Of Communal Diseases
4.2.3 Growing Awareness About HAIs (Hospital Acquired Infections)
4.3 Market Restraints
4.3.1 Emergence Of Home Care Services
4.3.2 Stringent Regulatory Bodies
4.4 Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Patient Examination Devices
5.1.2 Operating Room Equipment
5.1.3 Mobility Aids and Transportation Equipment
5.1.4 Sterilization and Disinfectant Equipment
5.1.5
5.1.6 Syringes and Needles
5.1.7 Other Types
5.2 Geography
5.2.1
5.2.2 GCC
5.2.3
5.2.4 Rest of
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1
6.1.2
6.1.3
6.1.4 Becton Dickinson And Company
6.1.5 Baxter International
6.1.6 Cardinal Health Inc.
6.1.7 Johnson & Johnson
6.1.8 Kimberly-Clark Corporation
6.1.9 Stryker Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/eqwae4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190624005762/en/
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