France Hospital Supplies Market-Growth, Trends, and Forecasts (2022 - 2027)

France Hospital Supplies Market-Growth, Trends, and Forecasts (2022 - 2027)

The France hospital supplies market is estimated to expand at a CAGR of around 6.3 % over the forecast period (2022-2027).

COVID-19 has significantly impacted the France hospital supplies market, due to the reduction in patient admission into the hospitals during the pandemic. For instance, according to the study titled 'Impact of the French National Lockdown on Admissions to 14 Pediatric Intensive Care Units During the 2020 COVID-19 Pandemic–A Retrospective Multicenter Study' published in December 2021, it was found that there was a significantly decreasing in the number of pediatric intensive care units admissions. Such impact is expected to cause the reduction in hospital supplies in hospitals of France, declining the market growth.

The factors, such as increased incidences of communal diseases coupled with the growing public awareness about hospital-acquired infections are contributing to the overall growth of the France hospital supplies market.

The high incidence rate of communal diseases such as influenza disease is increasing in France. For instance, according to the European Centre for Disease Prevention and Control Report published in March 2022, France is among the countries in the western-central part of the region reported seasonal influenza activity at or above 30% positivity in sentinel primary care with the seasonal influenza activity of 57%. Therefore, the high incidence of communicable diseases in France will lead to increased adoption of hospital utilities, thereby lead to increased adoption of hospital supplies, driving the market growth.

In addition, the rising aging population has resulted in an increased demand for hospital equipment and supplies, thereby contributing to the growth of France hospital supplies market. For instance, according to the World Data 2022, in 2021, population aged 65 years and above for France was 14.2 million compared to 13.9 million in 2020. Therefore, the rise in population in France will lead to increased adoption of hospital adoption, as the elderly are more prone to infections and diseases, further lead to adoption of hospital supplies in French hospitals, driving the market growth.

In addition, according to the Institute for Health Metrics and Evaluation 2022, the government health spending per person in France is expected to go upto USD 4,123 by 2050. Therefore, such high speding on healthcare the Government of France is expected to increased adoption of hospital supplies in France, propelling the market growth.

Therefore, 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 the region. However, stringent regulatory framework and emergence of home care services is expected to hinder the market growth.

Key Market TrendsDisposable Hospital Supplies Holds the Major Share in the Market Studied

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 needles, are in continuous use by all hospital professionals in any domain, from cleaning to surgical theaters, as well as administrative departments, in some cases.

Furthermore, the rising prevalence of hospital-acquired infections is expected to boost demand. According to the World Population Review 2022, the population of France suffering from sexually transmitted diseases is 64,626,628. Such a high population of sexually transmitted diseases will propel the need for the usage of disposable exam gowns, gloves, and face masks, among others in the hospitals of France, driving this segment's growth.

Furthermore, the rise in initiatives from the key market players in France for the launch of innovative products will lead to increased adoption of disposable hospital supplies driving this segment's growth. For instance, in September 2021, Michelin has opened its automated mask manufacturing machine workshop in France. Michelin's EUR 3.5 million investment in production of masks allows for the production of 3 million standard type I or IIR single-use surgical masks per month. Such initiatives are expected to the rise in adoption of surgical mask in the hospitals, driving this segment's growth.

Thus, continuous growth has been observed in the adoption of these devices, owing to the rising concern for safety and cleanliness against hospital-acquired infections, as well as maintaining hygiene across hospitals.

Competitive Landscape

The France hospital supplies market is highly competitive. The increasing innovation and rise in investment for various public and private organizations are expected to intensify the industry rivalry across the region. The key players in the market are collaborating with other players, to develop and promote their products, and thus, gain recognition in the market. Some of the major players in the market include Boston Scientific Corporation, B Braun Melsugen AG, 3M Healthcare, Cardinal Health Inc., and Medtronic PLC, among others.

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