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Saudi Arabia Hospital Supplies Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

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The “Saudi Arabia Hospital Supplies Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Saudi Arabia Hospital Supplies Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Saudi Arabia Hospital Supplies market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Saudi Arabia Hospital Supplies Market Are:

  • 3M Company
  • B. Braun Melsungen AG
  • Baxter International
  • Becton, Dickinson and Company
  • GE Healthcare
  • Johnson & Johnson
  • Medtronic
  • Smith & Nephew
  • Stryker Corporation

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    Market Overview:

  • The major factors for the growth of the Saudi Arabia hospital supplies market include the increasing incidences of communal diseases, growing awareness about hospital-acquired infections, and the rise in the aging population.
  • – The significant increase in the aging population every year has a direct impact on the rising number of the geriatric population being hospitalized due to chronic diseases. The geriatric population, which is more prone to chronic diseases, such as cancer, cardiovascular illnesses, and other disorders, is expected to serve as the primary driver in this market, thereby increasing the demand for hospital supplies.
  • – As per a 2015 publication in Working Papers, Saudi Arabian Monetary Authority, the population aged 60 or more is expected to be 25% of the total population, by the end of 2050. Since the current era belongs to the transition phase, a significant number of people are in their late 40s and 50s, which increases the possibility of long-term chronic diseases and hospitalization for the longer duration, in the country.
  • – The Saudi healthcare sector is experiencing increased participation from the private sector, along with government initiatives, for further expansion and investment in this industry. Accordingly, there is increasing demand for hospital beds and hospital supplies, which is expected to further surge, over the next decade.
  • – The aging of baby boomers requires higher attention, and thus, requires more hospital services, primarily in outpatient settings. In addition, there is a growing demand for outpatient surgical centers, imaging centers, and physician offices. Thus, aging plays a significant role in the high number of hospital visits. Thus, the demand for hospital supplies is expected to increase over the forecast period.

    Scope of the Report:

  • As per the , the hospital supplies market of Saudi Arabia encompasses the supply of devices essential to reduce medical errors and improve patient safety in the hospitals. These are associated with the protection against hospital-acquired infections (HAIs), including products to maintain proper management of hospital equipment.

    Saudi Arabia Hospital Supplies Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Saudi Arabia Hospital Supplies market?
    • What are the key market trends impacting the growth of the global Saudi Arabia Hospital Supplies market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Saudi Arabia Hospital Supplies market?
    • What are the market opportunities and threats faced by the vendors in the global Saudi Arabia Hospital Supplies market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Saudi Arabia Hospital Supplies market?

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    Key Market Trends:

    The Operating Room Equipment Segment is Expected to hold the Largest Market Share During the Forecast Period

    The public demand for operating room and emergency rooms, where critically ill patients are treated, is witnessing a steady rise. The survival rate of critically ill patients in the emergency department is directly related to the advancement of early recognition and treatment of diseases, and continuous observation by the nurse staff members, doctors, and physicians. Some of the durables in the operating room include utility columns, surgical and exam lights, stretchers and their accessories, cushions, mattresses, sterilizing and cleansing equipment, and surgical tables and their accessories. In Saudi Arabia, increase in road traffic accidents, despite advancements in safety technology, is among the primary reasons for the rising demand for operating rooms or emergency rooms, along with the necessary equipment. Trauma cases are among the major causes of death in Saudi Arabia. There are a significant number of cases of hemiplegia, paraplegia, and quadriplegia, due to road accidents in the country. In this segment, the country is equipped with hospitals supplies from several major companies, such as Arabian Health Care Supply Company (AHCSC), Emitac Healthcare Solutions, and Cardinal Health, among others. It is expected that better government involvement through funding, initiatives, and collaboration with multinational companies may provide consistent growth in the operating room equipment segment.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Saudi Arabia Hospital Supplies Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Saudi Arabia Hospital Supplies .

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    Report Objectives:

    • Analyzing the size of the Saudi Arabia Hospital Supplies market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Saudi Arabia Hospital Supplies market.
    • Determining the key dynamics of the Saudi Arabia Hospital Supplies market.
    • Highlighting significant trends of the Saudi Arabia Hospital Supplies market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Saudi Arabia Hospital Supplies market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Saudi Arabia Hospital Supplies market.

    Detailed TOC of Saudi Arabia Hospital Supplies Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Incidences of Communal Diseases
    4.2.2 Growing Awareness about Hospital Acquired Infections
    4.2.3 Rise in Ageing Population
    4.3 Market Restraints
    4.3.1 Growing Adoption of Home Healthcare Services
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Operating Room Equipment
    5.1.2 Mobility Aids and Transportation Equipment
    5.1.3 Sterilization and Disinfectant Products
    5.1.4 Disposable Hospital Supplies
    5.1.5 Syringes and Needles
    5.1.6 Other Product Types

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 3M Company
    6.1.2 B. Braun Melsungen AG
    6.1.3 Baxter International
    6.1.4 Becton, Dickinson and Company
    6.1.5 GE Healthcare
    6.1.6 Johnson & Johnson
    6.1.7 Medtronic
    6.1.8 Smith & Nephew
    6.1.9 Stryker Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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