The global medical clothing market generated $42.4 billion in 2021, and is estimated to reach $96.4 billion by 2031, manifesting a CAGR of 8.4% from 2022 to 2031. The Medical Clothing Market Trends such as an increase in the prevalence of infectious diseases, growth in healthcare infrastructure, and rise in healthcare infrastructure drive the growth of the Medical Clothing Market Size. In addition, the COVID-19 pandemic has boosted the demand for medical clothing such as face protective masks and personal protective equipment (PPE) kits. For instance, according to the world health organization (WHO) report, as of 8 July 2022, there have been 551,226,298 confirmed cases of COVID-19, including 6,345,595 deaths, reported to WHO. .
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Covid-19 Scenario:
- The Covid-19 pandemic made a positive impact on the revenue of the medical clothing market as the demand for protective medical clothing increased considerably with rise in hospitalizations across the world.
- The entire healthcare industry adopted different types of medical clothing products such as gowns and gloves for frontline workers and patients to protect themselves from cross-contamination.
- Many new market players entered the market to fulfill the surged demand for protective medical clothing with rise in number of cases. Government also lifted off supply chain and transportation restrictions on various types of protective medical clothing to ensure the sufficient supply.
The COVID-19 patients need isolation and hospitalization, which further drives the Medical Clothing Market Growth. Furthermore, the rise in the geriatric population drives the growth of the Medical Clothing Market Growth. The old age population is more prone to infectious diseases and chronic disorders. Thus, the geriatric population signifies an increase in patients with chronic diseases. For instance, according to the world health organization (WHO), by 2050, the world’s population of people aged 60 years and older may reach 2.1 billion. Thus, the increase in the geriatric population contributes to the growth of the Medical Clothing Industry.
The increase in the prevalence of chronic diseases such as diabetes, asthma, and blood pressure drives the growth of the Medical Clothing Industry. For instance, according to International Diabetes Federation (IDF) Diabetes Atlas Tenth edition 2021, approximately 537 million adults (20-79 years) are living with diabetes and the total number of people living with diabetes is projected to rise to 643 million by 2030.
The chronic diseases such as diabetes and hypertension may require short-term or chronic hospitalization and bed rest. Thus, the growth in the prevalence of chronic diseases drives the growth of the Medical Clothing Market Size.
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Based on end user, the hospitals and clinics segment contributed to the largest share in 2021, accounting for more than three-fifths of the global market, and is expected to maintain its dominance by 2031. Moreover, this segment is projected to grow at the highest CAGR of 8.5% during the forecast period. The research also discusses the ambulatory surgical centers and others.
Based on region, North America held the highest share in 2021, contributing to around two-fifths of the global medical clothing market, and is expected to continue its dominance by 2031. However, Asia-Pacific is projected to grow at the fastest CAGR of 9.4% during the forecast period. The research also analyzes regions including Europe and LAMEA.
Key players analyzed in the research include 3M, Cardinal Health, Barco Uniforms, Cherokee Uniforms, Carhartt, Inc., Medline Industries, Inc., Landau Uniforms, Smith+Nephew, Narang Medical Limited, and Vestex Protects.
Key findings of the study
- On the basis of product, the surgical drape segment was the highest contributor to the market in 2021.
- Based on usage, the patient segment was the highest contributor to the market in 2021.
- Depending on end user, the hospitals segment was the highest contributor to the market in 2021.
- Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period
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