The hospital supplies market is anticipated to witness significant growth. Rising cases of minimally invasive surgeries are subsequently driving the demand for disposable medical supplies. Improvement in healthcare infection control standards is prompting the need for effective hospital supplies to secure patient safety.
Increasing cases of surgical and hospital-acquired infections are driving the demand for disposable medical supplies to ensure health and hygiene. Governments across the globe are actively organizing hygiene awareness campaigns to encourage the use of disposable medical supplies. In London, the government has organized glove awareness week to raise awareness about skin safety and proper use of gloves.
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Impact of COVID-19
COVID-19 has caused severe financial ramifications across the globe. The hospital sector is witnessing a decline in elective services due to rising admission of COVID-19 patients. Private hospitals are severely impacted due to the decline in OPD footfalls. Recently, Apollo Hospitals declared a ‘total crash of the system’ and urged the government to step in. As per the National Association of Accountable Care Organizations, the pandemic is projected to cost the U.S. Medicare between USD 38.5–115.4 billion over the next year.
Hospital Supplies Market Segmentation
By Product Type
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now