HOSPITAL SUPPLIES MARKET Size and trends

Hospital Supplies Market Size and Trends

The Global Hospital Supplies Market is estimated to be valued at USD 33.96 Bn in 2025 and is expected to reach USD 57.49 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. The market is driven by rising number of hospitals across the globe and increasing cases of chronic diseases leading to hospitalization of more patients.

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Aging Population and Need for Improved Healthcare

As life expectancy increases globally, the aging population is on a rise. According to the WHO, the number of people aged 60 years and older is expected to become more than double from 12% to 22% between 2015 and 2050. The needs of older population are quite different from others as aging can make them more prone to illnesses like cardiovascular diseases, diabetes, respiratory diseases, and various kinds of cancers. With aging tissues and organs, regular checkups and medical supplies become crucial. Moreover, older population requires more non-communicable disease management which drives the need for large quantities of disposable hospital supplies like syringes, intravenous solution bags and sets, catheters, wound care consumables, and other devices. All these promote steady growth of the global hospital supplies market.