The global hospital supplies market is projected to grow at a considerable CAGR of over 10% during the forecast period. The increasing prevalence of the chronic disease is estimated to be one of the major factors driving the growth of the global hospital supplies market. Chronic disease includes arthritis, CVDs, asthma, cancer, and chronic obstructive pulmonary disease (COPD). According to the Centers for Disease Control and Prevention (CDC) in 2019, six in every 10 individuals are suffering from chronic diseases in the US.