Germany Hospital Supplies Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Hospital Supplies Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Germany Hospital Supplies Market is expected to register a CAGR of 5.5 % over the forecast period.

The COVID-19 outbreak had a severe impact on the overall market among the various sections of society. COVID-19 has led to a long-term strain on the Germany medical supply chain and has resulted in a lack of basic healthcare necessities. It has an apparent effect on supply chain disruptions and increased usage has led to a lack of medical supplies needed to provide the proper care to patients. The pandemic had put a high amount of strain on Germany's healthcare supply chain entities and can result in the inability to provide care. The COVID-19 pandemic has caused a dramatic shortage in the medical supplies needed to treat the virus due to a massive surge in demand as the disease circled Germany's healthcare market during the first half of 2020. However, in 2021, the overall market improved slightly when compared to 2020. In 2021, the lockdown was lifted with the decrease in the number of COVID-19 cases, the markets opened, and all the non-COVID-19 and surgical interventions were resumed. This resulted in a gradual improvement in the overall medical supplies market’s revenue. The COVID-19 impact varied from segment to segment.

The factors, such as increased incidences of communal diseases and the growing public awareness about hospital-acquired infections are contributing to the overall growth of Germany's hospital supplies market. The high incidence rate of inflammatory and communal diseases such as pneumococcal disease and sexually transmitted diseases are increasing in Germany. For instance, in 2021, International Agency for Research on Cancer reported that 629,000 people were diagnosed with cancer, and this number is expected to increase to 750,000 by the end of 2040. Such a high incidence of the population is living with this chronic disease condition and thereby increasing the demand for healthcare products, thereby increasing the demand for healthcare supply chains in the region. Also, World Health Organization (WHO) HIV/AIDS surveillance in Europe 2021–2020 data sheet reported that about 73,722 people 2020 were living with HIV in the region and the prevalence rate reported in the region was 3%. Thus, high cases of HIV in the region are fueling the market in the region. In addition, the rising aging population has resulted in an increased demand for hospital equipment & supplies, thereby contributing to the growth of Germany’s hospital supplies market.

A growing healthcare infrastructure and rising government initiatives to enhance and expand healthcare facilities are augmenting the demand for hospital supplies, which is expected to boost the market in the region. For instance, in October 2021, an article titled, “Ethical insights from the COVID-19 pandemic in Germany: considerations for building resilient healthcare systems in Europe” reported the issue of addressing the current pandemic is instructive for shaping how medicine, public health, and public policy can respond to crises in the future. For another instance, in March 2021, an article published in the Journal of Open Innovation titled, “Applying Blockchain in the Modern Supply Chain Management: Its Implication on Open Innovation” reported that blockchain technology has a very high potential for supply chains. An increasing number of companies are turning to this technology both in Germany and Russia. Thus, the increasing use of such technology is driving the Germany hospital supplies market.

Therefore due to the aforesaid mentioned reasons, the market is expected to show significant growth over the forecast period. However, the stringent regulatory framework & emergence of home care services may slow down the growth over the studied period.

Key Market TrendsDisposable Hospital Supplies is Expected to Witness Significant Growth Over the Forecast Period

The disposable hospital supplies segment, followed by the syringes and needles segment, contributes the largest share to the overall market. 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.

Hospital-acquired infections can be serious and life-threatening. The most common types are bloodstream infections, urinary tract infections, ventilator-associated pneumonia, and surgical site infections. For instance, in 2022 an article titled, “Geriatric Patients and Symptomatic Urinary Tract Infections: Analysis of Bacterial Range and Resistance Rates at the 3rd Level of Care Hospital in Germany” reported urinary tract infections (UTIs) are common in older people and often difficult to treat and the incidence rises in patients over the age of 65 in comparison with patients of middle age, where urinary tract infections (UTI) incidence is the lowest. Disposable medical supplies provide the perfect solution as they are easy to use, convenient, and offer high-level protection. Such factors will boost the growth of the disposable medical supplies market in the region during the forecast period. Furthermore, the rising prevalence of hospital-acquired infections is expected to boost demand. For instance, in December 2021 an article titled, “Report on the Epidemiology of Tuberculosis in Germany–2020” published in Robert Koch Institute reported that in 2020, a total of 4,127 tuberculosis (TB) cases were notified in Germany. This corresponds to annual tuberculosis (TB) incidence of 5.0 cases per 100,000 population. Tuberculosis incidence was 6.5 cases per 100,000 population in men and 3.5 in women. Thus, high cases of diseases like tuberculosis are further boosting the market in the region.

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 to maintaining hygiene across hospitals.

Competitive Landscape

The Germany hospital supplies market is fragmented in nature due to the presence of several key players operating in the market. The competitive landscape includes an analysis of a few international as well as local companies which hold the significant market share and are well known in the industry such as 3M Healthcare, B Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Medtronic PLC, GE Healthcare, Thermo Fisher Scientific, and Johnson & Johnson.

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