(PharmaNewsWire.Com, May 02, 2017 ) Middle-East and Africa Hospital Supplies Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 10.76% to reach USD 2.78 billion by 2021, from USD 1.67 billion in 2016.
Hospital medical equipment and supplies signify the various instruments, devices, and medical consumables that are operated in hospitals and healthcare institutions. In the working parlance, medical supplies are generally understood to mean articles that are disposable, low-cost, but used in high enough volume that the purchasing department has standing orders in place to ensure that the items of interest like gloves, needles, gauze, and syringes are never out of stock.
Top players in the hospital supplies market are launching technically innovative hospital supplies to help doctors better manage their patients.
Key factors which affect and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
Rising number of hospitals, Aging population Increasing occurrences of communal diseases, and methods such as frequent glove swapping and double gloving during procedures. Improved economic situation of the developing countries in this region Advent of home care services Strict regulatory structure Advance of personalized medicine
For granular level understanding the Hospital Supplies Market is segmented based on product type each being provided with Market Size Estimations and Y-o-Y Forecasts.
The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Egypt, KSA, Jordan, UAE, Nigeria and Algeria.
The major companies dominating the market in this region are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG.
The Middle-East and Africa Hospital Supplies Market report offers wide-range of scope:
Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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