The size of the hospital supplies market in Middle-East Africa was worth USD 2.31 billion in 2022. This value is further estimated to be growing at a CAGR of 10.76% and worth USD 3.86 billion by 2027.
Higher public awareness regarding hospital-acquired illnesses and increased occurrences of communicable diseases, developing healthcare infrastructure, increased government measures to improve and expand healthcare facilities are some of the key factors driving the hospital supplies market in the Middle East and Africa. The market is further expected to be driven by rising disposable hospital supply adoption, raising awareness, and rising need for various testing alternatives, the notion of tailored medications.
The GCC countries have a powerful need for medical devices, and the healthcare sector is growing due to this increased demand. The hospital supplies market in GCC countries is expanding as a result of the developing healthcare industry. In their treatment and diagnostic procedures, persons with chronic and serious diseases require highly advanced medical instruments. Due to an increase in the number of illnesses, the healthcare industry and hospitals invest in advanced medical technology to treat patients efficiently. Benefits like this are thought to help enhance hospital supply. The common disease is caused by the presence of many bacteria that reside in the environment. Increased demand for hospital supplies has come from an aging population, contributing to the MEA hospital supplies market expansion.
The market for the Middle East and Africa hospital supplies is being stifled by the rising popularity of home care services, the loss in private health insurance, and government-imposed regulations. Furthermore, the hospital equipment and supplies industry is being restrained by the advent of personalized medicines and other diagnostics choices available on the market.
This research report on the MEA hospital supplies market has been segmented and sub-segmented into the following categories:
By Product Type:
In terms of revenue, South Africa leads the market in this region. Other significant markets for hospital Supplies in this region include Zimbabwe, Zambia, Tanzania, and Nigeria. The growing number of hospitals, aging population, and rising infectious diseases drive the Middle East and Africa hospital supplies market. In addition, increasing road traffic accidents, despite developments in safety technology, are one of the key causes for the rising demand for rooms or emergency rooms, as well as the requisite equipment, across the Middle East and Africa.
In many African countries, trauma is one of the leading causes of death. Road accidents cause a considerable number of cases of hemiplegia, paraplegia, and quadriplegia in the region. Better government involvement in the operating room equipment market through funding, initiatives, and partnership with firms might result in constant growth and a good CAGR. Due to an increase in the number of diseases, the healthcare industry and hospitals invest in advanced medical technology to treat patients efficiently. Benefits like these are expected to increase the hospital supply industry. Apart from that, rising rates of communicable and inflammatory diseases such as sexually transmitted diseases, pneumococcal diseases, and an aging population are all factors to consider.
KEY MARKET PLAYERS:
A few of the noteworthy companies in the MEA hospital supplies market profiled in the report are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG.
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