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Healthcare Fabrics Market is expected to grow at a CAGR of 15.2% during the forecasted period | Evolve Business Intelligence

11-23-2023 10:11 AM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Healthcare Fabrics Market is expected to grow at a CAGR of 15.2%

Key Highlights:
• The global Healthcare Fabrics Market size was valued at USD 22.3 billion in 2023 growing at a CAGR of 15.2% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Healthcare Fabrics Market size accounted for USD 22.3 Billion in 2023, growing at a CAGR of 15.2% from 2023 to 2033. Healthcare fabrics refer to textiles and materials used in the healthcare industry, particularly in medical applications such as hospital gowns, bed linens, curtains, surgical drapes, face masks, and other medical textiles. These fabrics play a crucial role in maintaining hygiene, preventing infections, and providing comfort to patients and healthcare professionals.

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Healthcare-associated infections (HAIs) are a significant concern in medical facilities. Healthcare fabrics with antimicrobial and antibacterial properties help in preventing the spread of infections, contributing to patient safety. Patient comfort is a priority in healthcare settings. Fabrics that are comfortable, breathable, and durable are preferred for use in hospital bedding, gowns, and other medical textiles to enhance the overall patient experience. Advances in textile technology have led to the development of fabrics with specialized features, such as moisture-wicking, temperature regulation, and stain resistance. These advancements contribute to better patient care and improved functionality of medical textiles.

Key Players
Some of the major Healthcare Fabrics Market players holding high market shares include Kimberly-Clark Corporation, Carnegie Fabrics LLC, Ahlstrom-Munksjö, Berry Global Group Inc., and Knoll Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Avgol Ltd, ASAHI KASEI CORPORATION, Paramount Tech Fab Industries, Eximius Incorporation, Freudenberg Group

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Segmental Analysis
Based on raw materials, the Healthcare Fabrics market is segmented into Polypropylene, Cotton, Polyester, Viscose, Polyamide, and Others. Polypropylene is the largest segment of the Healthcare Fabrics market. This is due to its low cost, high strength, and versatility. Polypropylene is used in a wide variety of healthcare applications, including surgical gowns, drapes, and masks.
Based on fabric type, the Healthcare Fabrics market is Non-woven, Woven, and knitted. Non-woven fabrics are the largest segment of the Healthcare Fabrics market. This is because they are disposable, breathable, and comfortable. Non-woven fabrics are used in a wide variety of healthcare applications, including wound dressings, surgical drapes, and incontinence products.
Based on Application, the Healthcare Fabrics market is Hygiene Products, Dressing Products, Clothing, Blanket and bedding, Upholstery, Privacy Curtains, and Others. Dressing products are the largest segment of the Healthcare Fabrics market. This is because they are essential for wound care. Dressing products are used to protect wounds from infection and promote healing. They come in a variety of forms, including bandages, gauzes, and tapes.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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