Medical Clothing Market Size worth USD 140.64 Billion in 2028
The global medical clothing market size is expected to showcase considerable growth by reaching USD 140.64 billion by 2028 while exhibiting a CAGR of 5.9% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Medical Clothing Market size, 2021-2028.” The report further mentions that the market stood at USD 86.14 billion by 2020. Factors such as the rising incidence of pandemic outbreaks and the growing focus on upgrading healthcare settings will bode well for the adoption of the product globally.
Key Development:
April 2020: Halyard Worldwide, Inc. received a contract for the production of N-95 masks and gowns from the U.S Department of Defense logistic office
January 2021: Calgary Designer Nina Kharey, announced the launch of Folds. The product is a new line of sustainable antimicrobial and antiviral scrubs for several healthcare professionals.
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Report Scope & Segmentation
Report CoverageDetailsForecast Period2021 to 2028Forecast Period 2021 to 2028 CAGR5.9%2028 Value ProjectionUSD 140.64 BillionBase Year2020Market Size in 2021USD 94.21 BillionHistorical Data for2017 to 2019No. of Pages120Segments coveredProduct Types, end-Users and GeographyGrowth DriversAdvent of Several Medical Clothing Players has led to a Fragmented MarketGrowing Surgical Procedures at Hospitals to Facilitate the Segment GrowthStrict Regulatory Policies to Hinder the Demand for Many Types of Clothing Products
What Does the Report Contain?
The report provides vital information, including key industry drivers, trends, forecasts, and hindrances. It also contains an exhaustive investigation of all market segments, distinctly and collectively, and painstaking ideas into the regional dynamics prompting the market growth. Apart from these, the market report brings an extensive assessment of major corporations and their growth strategies.
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Driving Factor:
Increasing Threats of Deadly Diseases to Boost Market
The increasing cases of fatal viruses such as Covid-19, SARS, Avian Influenza, Swine Flu, and others have urged people to take necessary precautions involving hygiene to control the spread of viruses, which, in turn, is fostering the medical clothing market growth. Most of the RNA viruses, such as swine flu, bird flu, and coronavirus, can adapt and change hosts by infecting complex biological systems such as humans. Thus, to contain such viruses, the requirement for medical apparel is accelerating among healthcare practitioners. Moreover, the increasing research and development activities involving the study of lethal viruses’ requisites expertise and highly protective medical clothing, which, in turn, will further aid the growth of the market. In addition, the awareness about epidemic and pandemics coupled with medical exploration will create opportunities for the medical apparel industry.
Surgical Drapes, Scrubs and Gowns Segment to Lead Fueled by its Usage in Multiple Healthcare Institutions
In terms of product, the market is divided into protective apparel, sterilization wraps, facial protection, gloves, surgical drapes and gowns, and others. The surgical drapes and gowns segment held 33.0% medical clothing market share in 2019. This growth is attributable to their rising usage in multiple healthcare institutions stoked by their ability to protect the staff from blood-borne pathogens of the patients. Coupled with this, increasing technological advancements, rising hygiene awareness, surging patient pool, and rising awareness regarding infections would contribute to the growth of this segment.
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