Global Healthcare Fabrics Industry is expected to reach USD 69.9 Billion by 2034

The healthcare fabrics industry is witnessing a significant boost in growth, with projections showing that it will reach a value of USD 27.0 billion by 2024 and further rise to USD 69.9 billion by 2034, with a notable CAGR of 10.0% during the forecast period. The increasing healthcare expenditure worldwide, particularly in emerging economies, fuels the demand for high-quality medical textiles across various healthcare settings.

The aging population globally is leading to an increased demand for healthcare services and facilities, leading to a surge in the need for healthcare fabrics used in patient bedding, garments, and upholstery, especially tailored to meet the needs of elderly patients. There is a rise in the prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer, resulting in more hospital visits and longer stays. This surge in demand for healthcare fabrics for patient bedding, gowns, and curtains directly results from the growing healthcare needs associated with these conditions.

Maintaining stringent hygiene standards in healthcare settings to prevent infections and cross-contamination is essential

As the healthcare industry increasingly prioritizes sustainability, there is a growing preference for eco-friendly and sustainable healthcare fabrics made from recycled materials or biodegradable fibers. Innovative textile technologies, such as moisture-wicking fabrics and temperature-regulating materials, enhance patient comfort and support better clinical outcomes.

Despite the market’s promising growth prospects, challenges such as regulatory compliance, material sourcing difficulties, and competition from alternative solutions persist, requiring strategic initiatives to address and overcome them for sustained market expansion.

“The healthcare fabrics market is witnessing a surge in innovations such as antimicrobial fabrics, eco-friendly materials, and smart textiles. This growth is driven by advancements in textile technologies, increasing emphasis on sustainability, and the growing demand for infection control measures. The expanding healthcare infrastructure and rising adoption of telehealth services in emerging economies are expected to fuel the market’s growth further”, opines an analyst at FMI.

Key Takeaways from the Market Study:

• Polypropylene is a top raw material in the healthcare fabrics market, with a 9.8 % CAGR through 2034.
• Non-woven fabric leads in the healthcare fabrics industry, accounting for 9.7 % of CAGR.
• The healthcare fabrics market in South Korea has the potential to increase at 10.9% CAGR through 2034.
• The healthcare fabrics market in Japan is projected to inflate at a CAGR of 10.6% through 2034.
• Healthcare fabrics market in the United Kingdom is predicted to rise by a remarkable 10.4% CAGR through 2034.
• The healthcare fabrics market in China is anticipated to develop at a CAGR of 10.3% through 2034.
• The healthcare fabrics market in the United States is estimated to rise at a whopping 10.0% CAGR through 2034.

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Competitive Landscape:

The healthcare fabrics industry is witnessing significant growth, driven by the efforts of major players such as Knoll Inc., Freudenberg Group, Avgol Ltd., Carnegie Fabrics LLC, and Eximius Incorporation. These companies are investing in research and development to create innovative textiles with advanced features such as antimicrobial resistance, durability, and comfort tailored to meet the specific needs of healthcare settings. Manufactureres are also expanding their product portfolios to offer diverse fabrics such as patient bedding, garments, and upholstery.

Sustainability is also a key focus area for these companies, as they are adopting eco-friendly production processes and materials to meet the growing demand for environmentally responsible healthcare fabrics. Through these strategic initiatives, major manufacturers are playing a crucial role in fueling the growth of the healthcare fabric market and meeting the evolving requirements of healthcare providers and patients worldwide.

Recent Developments:

• Trevira, a leading German manufacturer of high-value polyester fibers and yarns, showcased inherently flame-retardant fabrics made by 12 partners at Dubai’s Building Healthcare show in October 2023.
• Precision Textiles introduced EcoGuard nonwovens, a biodegradable medical fabric that degrades up to 99% faster than similar PP-based products, on August 4, 2021.
• Mumbai-based nanotechnology startup Thermaissance developed fabric technology to combat multi-drug resistant organisms on April 15, 2021, providing enhanced protection to healthcare workers against viral, bacterial, and fungal infections. SITRA’s Expo on Medical Textiles, a pavilion that focused on medical textiles and showcased high-growth application areas, was hosted by Techtextil India 2023

Key Companies in the Market

• Knoll Inc.
• Freudenberg Group
• Avgol Ltd.
• Carnegie Fabrics LLC
• Ahlstrom-Munksjö
• Asahi Kasei Corporation
• Berry Global Group Inc
• Eximius Incorporation
• Kimberly-Clark Corporation
• Knoll Inc
• Paramount Tech Fab Industries
• Eximius Incorporation

Market Segmentation

By Raw Material:

• Polypropylene
• Cotton
• Polyester
• Viscose
• Polyamide
• Others

By Fabric Types:

• Non-woven
• Woven
• Knitted

By Application:

• Hygiene Products
• Dressing Products
• Clothing
• Blanket and Bedding
• Upholstery
• Privacy Curtains
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• Middle East and Africa (MEA)
• Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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