Healthcare Fabrics Market to Rise at 6.9% As Demand for Anti-Microbial Textile to Avert HAIs and Covid-19 Infection Skyrockets
The healthcare fabrics market is expected to reach USD 25.1 billion by 2025, rising from $16.8 billion in 2020. The market is expected to register a robust CAGR of 6.7% as Germany follows suit to Austria, and Bavaria to mandate the use of N95 masks. The US, UK, and France has advised its citizens to wear the N95 masks, with top US health experts like Dr.Fauci recommending two N95 masks per person.
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Global Healthcare Fabrics Market: Raw Material Outlook
Global Healthcare Fabrics Market: Fabric Type Outlook
Global Healthcare Fabrics Market: Application Outlook
• Blanket & Bedding
Global Healthcare Fabrics Market: End-user Outlook
• Nursing Homes
• Ambulatory Surgical Centers
• Private clinics
Global Healthcare Fabrics Market: Key Players
• Kimberly-Clark Corporation
• Freudenberg Group
• Berry Global Group Inc.
• Asahi Kasei Corporation
• Ahlstrom Munksjo OYJ
• Paramount Tech Fab Industries
• Knoll Inc.
• Eximus Corporation
• Avgol Industries 1953 Ltd.
• Carnegie Fabrics LLC
Global Healthcare Fabrics Market: Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Japan, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa
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Growing Demand for Biocompatible Textiles Remains a Key Driver to Growth
According to the US department of Commerce, the strongest opportunity for medical textiles in the near future remains in innovative products like bio textiles, while strong demand for hospital linens, or bandages continue to drive growth of the consumables. For example, between 1993-2018, the imported non-woven fabrics in United States rose by 500%. These fabrics form a substantial demand for applications like medical devices, supplies, and household sundry products. After the 2009 financial crisis, their demand has rebounded thanks to their myriad of benefits like absorbent, liquid repellent, soft, strong, stretchable, flame retardant, filtering, washable nature, among others. Their several advantages make them ideal in medical products like disposable diapers, clothing interlining, fabric dryer-sheets, sanitary napkins, medical drapes, and wraps.
The demand for products like disposable diapers will also witness tremendous growth in near future, thanks to growing demand for treating chronic illnesses. According to the Centre for Disease Prevention and Control (CDC), chronic diseases contribute to 90% of costs of $3 trillion. Moreover, nearly 45% Americans suffer from at least one chronic condition, including illnesses like diabetes, cancer, stroke, respiratory disease, heart disease, among others. The conditions remain the leading cause of deaths in United States, and lead to increased hospitalization each year. The growing demand to reduce HAIs for patients with chronic illnesses, and provide improved healthcare services will drive major growth for non-woven medical grade fabrics in the near future.
HAIs Infection Continue to Plague Healthcare Systems across US and Europe
It is estimated that HAIs affect millions of patients annually in Europe, with over 80,000 infections occurring each day. This results in major economic, and social burden for healthcare systems in Europe. It results in direct increase in costs in staff training, hand hygiene, patient identification, controlled use of antibiotics, and isolation of patients. Moreover, increasingly some disinfectants show inability to counter pathogens associated with healthcare operations, driving significant challenges to chronically-ill patients. The healthcare fabrics or medical grade textile remain an important shielding process to separate patients from spread of pathogens. Furthermore, textiles also remain at high-risk due to attraction of pathogen towards human bodies, and additional warmth, and moisture. On the other hand, new materials like engineered nano-materials have shown promise in eliminating microbial burden on these surfaces. These textiles are now considered ideal for facing conventional challenges like HAIs. The lack of awareness about their relative costs remain a major hindrance to their expansion in the healthcare fabrics market. Growing demand for these fabrics, and increased advancement in nanotechnology, and supportive technologies like 3D printing will likely drive tremendous growth for the healthcare fabrics market as Covid-19 pandemic forces stakeholders like hospitals to bring about a sea of change in disinfection practices.
Demand for Hygienic Applications to Remain Most Promising Driver of Growth
According to the US department of commerce, the wearable technology has become increasingly viable. These wearable fabrics allow medical practitioners to monitor body temperature, respiratory activity, humidity, and heart rate. Furthermore, this technology also enables RFID tagged asset location, and patient management. This technology is the need of the hour in the healthcare sector. For example, cardiovascular diseases remain a leading driver of deaths, and disability in United States. However, patients with these are constrained with limited mobility, and require physiotherapies to recovery completely. With technologies like RFID tags, hospital management can monitor how much time caretakers spend on each patient on average. This is essential to cater to growing demand for rehabilitation from industries.
Rising technological advancements have also made way for advancements like artificial arteries. According to the US department of commerce, countries like India promise a major opportunity for growth for high-end technology. The country promises tremendous opportunities for overseas manufacturers with its promising initiatives like ‘Make in India’, to cater to growing demand for sanitary napkins, artificial implants, surgical goods, and other medical supplies.
Currently, US manufacturers remain key supplier for high-end products in the healthcare fabrics market. However, countries like Japan, Turkey, China are picking up manufacturing pace in this arena. For example, Japan has made promising advancements in fields like tissue engineering, and regenerative medicine. However, the US manufactures continue to lead in technologies like smart wearable technology promising major growth opportunities in the healthcare fabrics market. Some key players in the healthcare fabrics market are Berry Global Group Inc. (US), Kimberly-Clark Corporation (US), Ahlstrom Munksjo OYJ (Finland), Freudenberg Group (Germany), Asahi Kasei Corporation (Switzerland).
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The report can answer the following questions:
• North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Healthcare Fabrics industry.
• Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Healthcare Fabrics industry.
• Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Healthcare Fabrics industry.
• Different types and applications of Healthcare Fabrics industry, market share of each type and application by revenue.
• Global market size (sales, revenue) forecast by regions and countries from 2019 to 2026 of Healthcare Fabrics industry.
• Upstream raw materials and Healthcare Fabrics equipment, industry chain analysis of Healthcare Fabrics industry.
• SWOT analysis of Healthcare Fabrics industry.
• New Project Investment Feasibility Analysis of Healthcare Fabrics industry.
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