South Africa Hospital Supplies Market-Growth, Trends, and Forecasts (2022 - 2027)
Major factors driving South Africa Hospital Supplies market is growing geriatric population, increasing hospital stay, due to chronic diseases and surgeries, rising incidences of chronic diseases, and innovations taking place in hospital supplies. For instance, According to Globocon, in 2018, 1,07, 467 new cancer cases were diagnosed, and 57, 373 deaths were reported due to cancer in South Africa. Moreover increasing rate of surgical site infections and hospital-acquired infections are acting as a driving factor especially for the disposable hospital supplies in South African Hospital Supplies Market. However, the growing popularity of home healthcare services is hindering the hospital supplies market in South Africa.
Key Market TrendsSterilization and Disinfectant Equipment segment Holds Significant Share in South Africa Hospital Supplies MarketSouth Africa Hospital Supplies market is very competitive with most of the players competing to increase market shares. Strong competition, rapid technological advancements are key factors that confront the market. The major market players in the South Africa Hospital Supplies market are 3M Healthcare, B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health and Medtronic among others.
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