Global Healthcare Fabrics Industry

Global Healthcare Fabrics Industry

  • April 2021 •
  • 565 pages •
  • Report ID: 5798724 •
  • Format: PDF
Abstract:
- All Things Healthy Will Buck the Pandemic Induced Losing Streak. Healthcare Fabrics to Reach $17Billion by 2027
- The global market for Healthcare Fabrics is projected to reach US$17billion by the year 2027 after posting a9.7% increase in growth in 2020. The market is forecast to grow at a CAGR of 6.6% over the analysis period 2020 through 2027. The US$800+ billion textile industry although plagued with challenges will reward innovations. Clothing and textile with antimicrobial coatings have the potential to score the highest gains in the coming era obsessed with health, safety & well-being. Interesting applications of this fabric will include its use in mattresses; bed sheets and pillow cases; medical curtains; gloves; hospital gowns; blankets; gauze & bandages. Gloves & medical gowns will generate the highest demand potential with protective P.P.E being still in high demand & yet short in supply.
- The global market will be driven by increased spending on personal hygiene products, such as sanitary napkins, baby diapers, and adult diapers, as well as continuous technological advancements aimed at improving the quality and performance parameters of healthcare fabrics. Growing incidences of airborne and blood-borne diseases is another major factor that is expected to propel the demand for healthcare fabrics in the next few years. In addition, the rising prevalence of hospital-associated infections, coupled with an increased focus of healthcare facilities to prevent and control infection, is likely to drive the market growth. Further, a robust demand for nonwoven fabrics in the medical industry is anticipated to boost growth in the market. Moreover, rapid population growth, particularly in the emerging global markets, changes in living standards and lifestyles, increase in geriatric and diabetic population globally, and stringent regulatory framework governing the use of medical textiles are some other key factors that are likely to drive the global healthcare fabrics market.
- In recent years, smart medical textiles are gaining prevalence in the healthcare industry for monitoring the health and tracking the chronic conditions of patients. These textiles contain traditional fabric that is integrated with conductive fibers and electronic components, including wearable antennas, microcontrollers, biomedical sensors, and fiber optics. In the past few years, several leading manufacturers of healthcare fabrics are increasingly focusing on developing advanced smart textiles, which is likely to offer tremendous opportunities for growth over the next few years. Hospitals represent the largest end-use segment for healthcare fabrics, owing to the rising incidences of infection transmission in healthcare facilities. Healthcare fabrics are widely used in hospital environments for mitigating the risk of transmission. The rising hospital admission rates are likely to create a significant demand for healthcare fabrics over the next few years.

- Select Competitors (Total 68 Featured) -
  • Advanced Fabrics (SAAF)
  • Arc-Com
  • Architex International
  • ATEX Technologies, Inc.
  • Brentano, Inc.
  • DuPont de Nemours, Inc.
  • Eximius Incorporation
  • Freudenberg & Co. KG
  • Herculite, Inc.
  • Kimberly-Clark Worldwide, Inc.
  • Knoll, Inc.
  • Life Threads LLC
  • Maharam Fabric Corporation
  • Paramount Tech Fab Industries
  • Precision Fabrics Group Inc.