India Hospital Supplies Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The India Hospital Supplies Market is segmented by Product type (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles and Other Types)

Market Snapshot

India Hospital Supplies-1
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 10.3 %

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Market Overview

The Indian market for hospital supplies is primarily driven by factors such as the rising burden of chronic diseases and the growing demand for hospital supplies in the country. The demand for hospital supplies is on the rise in developing countries such as India. Steady growth in terms of initiatives taken by the Government of India to improve healthcare system is also observed. The country is witnessing a gradual increase in its hospital bed density figures when compared to the major countries, present globally. However, India faces an unmet need for hospital supplies, like sterilization and disinfectant equipment and patient examination devices, which restricts the growth of this market.

A growing healthcare infrastructure and rising government initiatives to enhance and expand health care facilities are augmenting the demand for hospital supplies, which is expected to boost the market in India.

Scope of the Report

Hospital supplies include every medical utility product that serves both the patient and medical professional with hospital infrastructure and enhance the network, transportation between hospitals. These include hospital equipment, patient aid, and mobility equipment, and sterilization disposable hospital supplies.

By Product Type
Patient Examination Devices
Operating Room Equipment
Mobility Aids and Transportation Equipment
Sterilization and Disinfectant Equipment
Disposable Hospital Supplies
Syringes and Needles
Other Types

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Key Market Trends

Disposable Hospital Supplies are Expected to Dominate the Market Over the Forecast Period

The disposable hospital supplies segment is believed to dominate the overall market due to its rising demand and significance in the hospitals. The disposable hospital supplies are one-time use products, such as consumables, medical apparatus, and disposable devices, which are consumed in large figures across all hospitals. These products, such as suction catheters, bandages and wraps, exam gowns, surgical sponges, face masks, hypodermic needles, gloves, and others, are in continuous use to all hospital professionals in any domain from the cleaning to the surgical theaters, as well as administrative departments in some cases. Thus, the continuous growth has been observed in the adoption of these devices, owing to the growing number of hospitalization rates, rising concern of safety and cleanliness against hospital-acquired infections, as well as to maintain hygiene across the hospitals.

India Hospital Supplies market 2.png

Competitive Landscape

The market for hospital supplies in India is moderately competitive with the presence of both global, as well as local players. The major market players include Baxter, B. Braun Melsugen AG, 3M, Cardinal Health, and Medtronic, etc.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Burden of Chronic Diseases

      2. 4.2.2 High Demand for Hospital Supplies in India

    3. 4.3 Market Restraints

      1. 4.3.1 Emergence of Home Care Services

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Patient Examination Devices

      2. 5.1.2 Operating Room Equipment

      3. 5.1.3 Mobility Aids and Transportation Equipment

      4. 5.1.4 Sterilization and Disinfectant Equipment

      5. 5.1.5 Disposable Hospital Supplies

      6. 5.1.6 Syringes and Needles

      7. 5.1.7 Other Types

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 3M

      2. 6.1.2 B. Braun Melsungen AG

      3. 6.1.3 Baxter International

      4. 6.1.4 Becton Dickinson and Company

      5. 6.1.5 Boston Scientific Corporation

      6. 6.1.6 Cardinal Health

      7. 6.1.7 Medtronic PLC

      8. 6.1.8 GE Healthcare

      9. 6.1.9 Johnson & Johnson

      10. 6.1.10 Thermo Fisher Scientific

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The India Hospital Supplies Market market is studied from 2018 - 2026.

The India Hospital Supplies Market is growing at a CAGR of 10.3% over the next 5 years.

Cardinal Health, B . Braun Melsungen AG, 3M, Baxter International, Medtronic PLC are the major companies operating in India Hospital Supplies Market.

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