The market for hospital supplies is continuously growing due to high incidence rate of inflammatory and communal diseases such as pneumococcal disease and sexually transmitted diseases. Presence of various microbes existing in the environment is the causative agent for the communal disease. Increasing aging population has also resulted in the growth of hospital supplies market. Growing awareness towards control of Hospital Acquired Infections (HAIs) is also a major contributor for the hospital supplies market. Decline in private health insurance, growing popularity of home care services and stringent regulations led by government are major restraints that are hampering the growth of hospital equipment and supplies market. Moreover, introduction of personalized medicines concept and other diagnostics options available in the market are further expected to restrain the hospital equipment and supplies market.
http://www.grandviewresearch.com/industry-analysis/hospital-supplies-market
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