France Hospital Supplies Market Size

French Hospital Supplies Market Analysis

The France hospital supplies market is estimated to register a CAGR of around 6.3% over the forecast period.

• The COVID-19 pandemic significantly impacted the hospital supplies market in France, primarily due to the reduction in patient admissions during the pandemic. According to a retrospective multicenter study titled 'Impact of the French National Lockdown on Admissions to 14 Pediatric Intensive Care Units During the 2020 COVID-19 Pandemic' published in December 2021, there was a noticeable decrease in the number of pediatric intensive care unit admissions. This finding indicates the pandemic's significant impact on the market studied. However, currently, the market has returned to its pre-pandemic demand for hospital supplies and is expected to experience strong growth in the forecast period.
• Several factors are contributing to the overall growth of the France hospital supplies market. One of them is the increasing incidence of chronic diseases coupled with growing public awareness of hospital-acquired infections. France's high incidence rate of communicable diseases, such as influenza, is also increasing.
• According to the European Centre for Disease Prevention and Control's March 2022 report, France is among the countries in the western-central part of the region that reported seasonal influenza activity at or above 30% positivity in sentinel primary care, with a seasonal influenza activity of 57%. This high incidence of communicable diseases in France is expected to lead to increased adoption of hospital utilities and supplies, driving the market growth.
• The rising aging population in France has resulted in an increased demand for hospital equipment and supplies, contributing to the growth of France's hospital supplies market. According to World Data 2022, the population aged 65 years and above in France was 14.2 million in 2021 compared to 13.9 million in 2020. Therefore, the geriatric population growth in France is likely to lead to high utilization of hospital supplies, as the elderly are more susceptible to infections and diseases.
• According to the Institute for Health Metrics and Evaluation 2022, government health spending per person in France is expected to rise to USD 4,123 by 2050. This high healthcare spending in France is expected to drive the demand for better hospital supplies and contribute to market growth in the coming years. Thus, growing healthcare infrastructure and rising government initiatives to enhance and expand healthcare facilities are augmenting the demand for hospital supplies, which is expected to boost the market in the region.
• However, stringent regulatory frameworks and the emergence of home care services are expected to hinder market growth.