Global Healthcare Fabrics Market Will Reach USD 15.7 Billion By 2025: Zion Market Research
New York, NY, March 14, 2019 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Healthcare Fabrics Market by Raw Material (Polypropylene, Cotton, Polyester, Viscose, Polyamide, and Others), by Fabric Type (Non-Woven Fabrics, Woven Fabrics, and Knitted Fabrics), and by Application (Hygiene Products, Dressing Products, Clothing, Blanket & Bedding, Privacy Curtains, Upholstery, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global healthcare fabrics market was valued at approximately USD 10.1 billion in 2018 and is expected to generate around USD 15.7 billion by 2025, at a CAGR of around 6.5% between 2019 and 2025.
Healthcare fabric is one of the rapidly growing segments in the technical fabrics market. The global textile business is shifting rapidly toward the manufacturing of high value-added textile structures and products, such as healthcare textiles, smart textiles, and protective textiles. There has been a sharp rise in the use of healthcare textile products in clinics, hospitals, hygiene, healthcare centers, homes, hotels, etc.
Browse through 54 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Healthcare Fabrics Market: By Type, Size, Share, Segments Analysis and Forecast, 2018–2025”.
The high demand for modern technologies is increasing, owing to the economic growth of different countries across the world, rise in population, rising disposable income, changing standards of living, and the swift expansion of the medical science sector. The augmenting population and increasing awareness about various products are anticipated to among the major driving factors for the healthcare fabrics market expansion globally in the future.
The global healthcare fabrics market is segmented on the basis of raw material, fabric type, and application. Based on raw material, the market is segmented into polypropylene, cotton, polyester, viscose, polyamide, and others. The polypropylene segment is slated to hold a major share of the global healthcare fabrics market in the future, owing to the escalating demand for hygiene products in developing economies.
By fabric type, the market includes non-woven fabrics, woven fabrics, and knitted fabrics. Non-woven fabrics held the largest market share in 2018, owing to their extensive use as non-woven flat sheets in the organ of tissue implants. These products’ use as staple fiber non-woven sheets along with its cost-effectiveness will also propel this segment over the estimated time span.
By application, the market is segmented into hygiene products, dressing products, clothing, blanket and bedding, blanket and bedding, upholstery, and others (orthopedic appliances, surgical hosiery, and adult diapers). Hygiene products are estimated to dominate the market over the estimated period, owing to the rising consumption of baby diapers and sanitary napkins in developing economies. Furthermore, the dressing products segment will record the highest CAGR during the estimated time period.
Europe is expected to remain the dominating region in terms of revenue over the forecast timeline, owing to the high adoption of healthcare fabrics, robust healthcare infrastructure, rising demand for better healthcare facilities, and aggregate expenditure by the government endorsing the production and use of healthcare fabrics. UK, Germany, and France are expected to witness a healthy economic recovery of the healthcare sector over the forecast period.
The Asia Pacific healthcare fabrics market is anticipated to record the highest growth over the forecast timeline, owing to the growing healthcare awareness about hygienic products among the regional population, rising disposable income of the people, and favorable government initiatives. Additionally, the rising adoption of feminine hygiene products and disposable baby diapers are also likely to drive the regional market in the Asia Pacific region. China, Japan, and India are expected to register a higher CAGR as compared to other countries in the region, owing to rising standards of living of the regional population.
Browse the full “Healthcare Fabrics Market by Raw Material (Polypropylene, Cotton, Polyester, Viscose, Polyamide, and Others), by Fabric Type (Non-Woven Fabrics, Woven Fabrics, and Knitted Fabrics), and by Application (Hygiene Products, Dressing Products, Clothing, Blanket & Bedding, Privacy Curtains, Upholstery, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at www.zionmarketresearch.com/report/healthcare-fabrics-market
North America was the second largest market in 2018 in the global market and is expected to show remarkable growth in the future. This growth can be attributed to a large base of healthcare textile industries and rising technologically advanced products coupled with favorable regulations. The U.S. accounted for a major share in the North American healthcare fabrics market, due to the high adoption of newer technologically advanced products coupled with a high disposable income of the people.
The Latin American market is expected to witness lucrative market growth in the future, owing to high unmet medical needs, increasing product awareness, and various benefits of the healthcare fabrics. Brazil is likely to be the regional revenue generator of this region. In the Middle Eastern and African market, the African countries are likely to demonstrate noticeable progress, owing to growing awareness about hygiene and favorable government initiatives.
Some key players of the global healthcare fabrics market are Paramount Tech Fab Industries, Designtex, Brentano Inc., Arc-Com, Knoll, Inc., Carnegie Fabrics, LLC, Kimberly-Clark Corporation, Avgol Industries 1953 Ltd., Maharam Fabric Corporation, Architex International, and Advanced Fabrics, among others.
This report segments the global healthcare fabrics market into:
Global Healthcare Fabrics Market: Raw Material Analysis
Global Healthcare Fabrics Market: Fabric Type Analysis
- Non-Woven Fabrics
- Woven Fabrics
- Knitted Fabrics
Global Healthcare Fabrics Market: Application Analysis
- Hygiene Products
- Dressing Products
- Blanket and Bedding
- Privacy Curtains
Global Healthcare Fabrics Market: Regional Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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