Press release
Healthcare Fabrics Market Set to Reach $40.83 Billion by 2029 with 0.128157438907033% Yearly Growth
What industry-specific factors are fueling the growth of the healthcare fabrics market?There is an uptick in the healthcare fabrics market bolstered by escalating government efforts to enhance hygiene. To improve awareness about health and cleanliness among consumers, administrations worldwide have shifted their focus. Medical textiles, utilized for bedding, clothing, surgical gowns, cloth wipes, diapers, among other things, are contributing to an upswing in the demand for antimicrobial textiles and healthcare fabrics. The significance of cleanliness encourages consumers to opt for sustainable antimicrobial textiles made from pure fibres featuring an herbal finish. A case in point is the UK Government's allocation of $20.29 million (£18.5 million) in March 2023 to facilitate access to safe, affordable, and dependable water supply, sanitation and hygiene services. This funding is meant to prevent diseases, protect people's health, and shield the environment from contamination. This particular initiative forms an integral part of the UK Government's dedication to eradicating avoidable deaths in infants, young children, and mothers. These strategic moves are expected to widen the usage of hygiene products, one of the application areas for healthcare fabrics. Thus, the surge in government initiatives is projected to fuel the healthcare fabric market's growth in the coming years.
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What Is the projected market size and growth rate for the healthcare fabrics market?
In the past few years, the market size of healthcare fabrics has seen rapid expansion. The market, which is expected to be worth $22.75 billion in 2024, is projected to rise to $25.2 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.8%. Factors contributing to the growth during the historic period include enhanced infection control, patient comfort, improved durability, longevity, barrier properties, and cost-efficiency.
Over the upcoming years, the healthcare fabrics market is predicted to experience a swift expansion. By 2029, it is projected to rise to a value of $40.83 billion with a compound annual growth rate (CAGR) of 12.8%. Factors contributing to this projected growth in the stipulated period include infection prevention and control measures, an aging population, sustainable practices, telehealth environments, and regulatory updates. Key trends anticipated to influence this market during the forecast period encompass antimicrobial textiles, intelligent fabrics and wearable devices, comfort and mobility enhancement, fire-resistant materials, and wearable platforms for telemedicine.
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What new trends are reshaping the healthcare fabrics market and its opportunities?
Leading firms in the healthcare fabric market are revolutionizing their products with the integration of polymer technology, thereby improving the efficiency and utility of medical textiles in myriad applications. Polymer technology involves the research, advancement, and utilization of polymers, which are large molecular structures formed of repeated units known as monomers. As an illustration, Trelleborg Engineered Coated Fabrics, an American fabric manufacturing firm, unveiled the Dartex END464-E at the Healthcare Design (HCD) Conference Expo in August 2024. This event aims to provide a platform for healthcare design industry professionals to network, learn, and source products. Dartex END464-E is a healthcare fabric specifically developed for usage in healthcare seating applications. The fabric is noted for its exceptional resistance to wear and tear, making it perfect for high-traffic areas. Incorporating advanced polymer technology helps elevate its longevity and efficiency. Additionally, its ability to resist abrasive cleaning chemicals extends its durability in healthcare settings.
What major market segments define the scope and growth of the healthcare fabrics market?
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
Subsegments:
1) By Polypropylene: Spunbond, Meltblown
2) By Cotton: Organic Cotton, Conventional Cotton
3) By Polyester: Recycled Polyester, Virgin Polyester
4) By Viscose: Bamboo Viscose, Regular Viscose
5) By Polyamide: Nylon 6, Nylon 66
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Which region dominates the healthcare fabrics market?
Europe was the largest region in the healthcare fabrics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare fabrics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the healthcare fabrics industry growth?
Major companies operating in the healthcare fabrics market include Brentano Inc., Kimberly-Clark Corporation, Avgol Industries Ltd., Paramount Tech Fab Industries, Advanced Fabrics, Carnegie Fabrics LLC, Herculite Inc., Berry Global Group Inc., Standard Textile Co Inc., Fabrico Cleaning Solutions Private Ltd., Bally Ribbon Mills, Precision Fabric Group Inc., Cardinal Health Inc., Eastex Inc., Freudenberg & Co. KG, Asahi Kasei Corporation, Shawmut Corporation, Atex Technologies Inc., Designtex International Llp, Maharam Fabric Corporation, Getinge AB, Vestagen Protective Technologies Inc., Ahlstrom Munksjo OYJ, Precision Fabrics Group Inc., DuPont Protection Solutions, Seiren Co. Ltd.
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What Is Covered In The Healthcare Fabrics Global Market Report?
•Market Size Forecast: Examine the healthcare fabrics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the healthcare fabrics market for a structured understanding.
•Key Players Overview: Analyze major players in the healthcare fabrics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the healthcare fabrics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the healthcare fabrics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the healthcare fabrics market.
•Industry Challenges: Identify potential risks and obstacles affecting the healthcare fabrics market.
•Competitive Landscape: Review strategic developments in the healthcare fabrics market, including expansions, agreements, and new product launches.
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