Healthcare Fabrics Market Is Estimated To Witness High Growth Owing To Increased Usage In Medical Protective Equipment

Market Overview:

Healthcare fabrics are textile materials used in healthcare facilities for medical protective equipment, patient apparel and furnishings. These fabrics are made from natural and synthetic fibers like cotton, polyester, nylon and spandex blended for properties like comfort, durability, liquid repellency and absorption.

Market Dynamics:

The healthcare fabrics market is expected to witness significant growth during the forecast period owing to two major drivers. Firstly, the ongoing COVID-19 pandemic has increased the demand for medical protective equipment like surgical drapes, gowns and masks. These require nonwoven and woven fabrics that act as barriers against transmission of pathogens. Secondly, advanced fibers and fabric constructions are improving the functionality and performance of patient apparel, wound care dressings and operating room linens. The blended fabrics offer improved moisture wicking, comfort, softness and durability compared to traditional materials.

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List of TOP Players in Market Report are: -

◘ Knoll Inc.
◘ Freudenberg Group
◘ Avgol Ltd.
◘ Carnegie Fabrics LLC
◘ Eximius Incorporation
◘ Berry Global Group Inc.
◘ Asahi Kasei Corporation
◘ Ahlstrom Munksjo OYJ
◘ Kimberly-Clark Corporation
◘ Paramount Tech Fab Industries

Market Detailed Segmentation:

By Raw Material:

Polypropylene
Cotton
Polyester
Viscose
Polyamide
Others

By Fabric Types:

Non-Woven
Woven
Knitted

By Applications:

Hygiene Products
Dressing Products
Clothing
Blanket & Bedding
Upholstery
Privacy Curtains
Others

Healthcare Fabrics Market Drivers

Growing Geriatric Population and associated Healthcare Needs

The global geriatric population, aged 65 and above, is growing at an unprecedented rate due rising life expectancy. According to WHO, the number of people aged 60 years and older is expected to nearly double from 12% to 22% between 2015 and 2050. The aging population is more susceptible to chronic diseases such as arthritis, diabetes, cardiovascular diseases, etc. which in turn is increasing demand for various healthcare services including long-term care. This rising geriatric population serves as a major driver for increased consumption of healthcare fabrics which are largely used in applications such as medical bedding, surgical drapes, privacy curtains, soft furnishings, etc.

Increasing Focus on Hygiene Standards and Infection Control

The risk of hospital acquired or nosocomial infections has been a major area of concern worldwide. Adoption of stricter hygiene standards and infection control protocols by healthcare facilities is being emphasized. Healthcare fabrics play a crucial role in maintaining hygiene and minimizing infection risks as they can be laundered and sterilized easily. Their properties such as resistance to fluid penetration, dust-proof and ability to withstand high heat make them suitable for critical hospital environments. The need to curb infections is compelling healthcare providers to adopt advanced hygienic fabrics in greater volumes thereby driving significant growth in the market.

Healthcare Fabrics Market Restrain

Fluctuations in Raw Material Prices

The key raw materials used in manufacturing healthcare fabrics include polyester, polypropylene, cotton and spandex. Prices of these raw materials are dependent on petroleum prices and subject to volatility due to various economic and geopolitical factors. Any fluctuations in raw material costs can squeeze margins of fabric producers. Also, fluctuating currency exchange rates impact overall input costs. This price volatility of raw materials poses a major challenge for participants and acts as a restrain on the market's growth potential especially in developing regions.

Healthcare Fabrics Market Opportunity

Rising Investments in Developing Healthcare Infrastructure

Governments across emerging economies are undertaking various initiatives and increasing public healthcare expenditure to enhance medical infrastructure in their countries. For instance, the Indian government's focus on 'Health for All' initiative aims to upgrade primary health centers as well as set up more hospitals and medical colleges over the coming years. Similarly, China has been prioritizing healthcare spending as part of its 14th five year plan for social & economic development. This growing investment in developing modern healthcare infrastructure presents significant opportunities for adoption of advanced healthcare fabrics. With better access to quality care, the demand for hygienic fabrics from these underpenetrated markets is expected to rise tremendously in the long run.

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Furthermore, the years considered for the study are as follows:

Historical data - 2016-2021
The base year for estimation - is 2021
Estimated Year - 2023
Forecast period** - 2023 to 2030

This Healthcare Fabrics Market Research/Analysis Report Contains Answers to your following Questions:

◈What are the current global trends in the Healthcare Fabrics market, and will the market experience an increase or decrease in demand in the upcoming years?

◈ What is the expected demand for various product types within the Healthcare Fabrics market, and what are the emerging Market applications and trends?

◈ What are the projections for the global Healthcare Fabrics Market in terms of capacity, production, production value, cost, profit, market share, supply, consumption, import, and export?

◈ How will strategic developments shape the Market trajectory in the medium to long term?

◈ What factors contribute to the final price of Healthcare Fabrics , and what are the raw materials used in its manufacturing?

◈ What is the market's growth potential, particularly with the increasing adoption of Healthcare Fabrics in mining?

◈ What is the current and 2022 value of the global market, and who are the leading companies in this market?

◈ What recent Market trends can be leveraged to create additional revenue streams?

◈ What entry strategies, economic impact mitigation measures, and marketing channels should be considered for the Healthcare Fabrics Market?

Summarized Extracts from TOC of Market Study

Chapter 1 Healthcare Fabrics Introduction and Market Overview

1.1 Objectives of the Study

1.2 Overview of Healthcare Fabrics

1.3 Scope of The Study

1.3.1 Key Market Segments

1.3.2 Players Covered

1.3.3 COVID-19's impact on the Healthcare Fabrics industry

1.4 Methodology of The Study

1.5 Research Data Source

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Market, by Type

Chapter 5 Market, by Application

Chapter 6 Market Analysis by Regions

Chapter 7 North America Market Analysis by Countries

Chapter 8 Europe Healthcare Fabrics Market Analysis by Countries

Chapter 9 Asia Pacific Healthcare Fabrics Market Analysis by Countries

Chapter 10 Middle East and Africa Healthcare Fabrics Market Analysis by Countries

Chapter 11 South America Healthcare Fabrics Market Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Market Forecast

Chapter 15 New Project Feasibility Analysis

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