The Healthcare Fabrics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Healthcare Fabrics Global Market Report 2024, The healthcare fabrics market size has grown rapidly in recent years. It will grow from $20.65 billion in 2023 to $22.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increased infection control, patient comfort, increased durability and longevity, barrier properties, cost-efficiency.
The healthcare fabrics market size is expected to see rapid growth in the next few years. It will grow to $35.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to infection prevention and control, aging population, sustainable practices, telehealth environments, regulatory update. Major trends in the forecast period include antimicrobial fabrics, smart fabrics and wearables, comfort and mobility, flame-resistant fabrics, telemedicine wearables.
Increasing government initiatives towards hygiene are driving the growth of the healthcare fabrics market. Governments across the world are focusing on improving consumer awareness of hygiene and health issues. Medical textiles are used in various areas such as bedding, clothing, surgical gowns, cloth wipes, diapers, and others, which increases demand for antimicrobial textiles and healthcare fabrics. Hygiene issues influence buyers to purchase sustainable antimicrobial textiles that are built of pure fibres with an herbal finish. For instance, in 2021, in India, the Total Sanitation Campaign (TSC) has been working on expanding the awareness of female hygiene products in villages. These initiatives will play a pivotal role in expanding the use of hygiene products, which constitute an application area for healthcare fabrics. Hence, increasing government initiatives are expected to drive the market during the forecast period.
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The healthcare fabrics market covered in this report is segmented –
1) By Raw Material: Polypropylene, Cotton, Polyester, Viscose, Polyamide
2) By Fabric Type: Non-woven, Woven, Knitted
3) By Application: Dressing Products, Clothing, Hygiene Products, Wall Coverings, Privacy Curtains, Bedding And Blankets, Other Applications
Healthcare fabric companies are increasingly focusing on developing sustainable fabrics for use in the healthcare industry. Companies are focusing on manufacturing fabrics that pose low environmental risk and emit fewer carbon dioxide and other greenhouse gases. For instance, in 2021, a US-based coated fabrics company, Precision Textiles, launched a new eco-friendly fabric for use in personal protective equipment (PPE) called EcoGuard. The material contains an additive that helps it biodegrade up to 99% more quickly than typical polypropylene gown material. The isolation gowns made of polypropylene materials take over 600 years to biodegrade in a landfill, whereas the EcoGuard material accelerates the biodegradation process by approximately six years.
The healthcare fabrics market report table of contents includes:
1. Executive Summary
2. Healthcare Fabrics Market Characteristics
3. Healthcare Fabrics Market Trends And Strategies
4. Healthcare Fabrics Market – Macro Economic Scenario
5. Global Healthcare Fabrics Market Size and Growth
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31. Global Healthcare Fabrics Market Competitive Benchmarking
32. Global Healthcare Fabrics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Healthcare Fabrics Market
34. Healthcare Fabrics Market Future Outlook and Potential Analysis
35. Appendix
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