Medical Clothing Market Size, Share & Industry Analysis, By Product (Surgical Drapes, Scrubs and Gowns, Gloves, Facial Protection, Sterilization Wraps, Protective Apparels and Others), By Application, and Regional Forecast, 2020-2027
The global medical clothing market is set to gain momentum from the rising incidence of hospital-acquired infections. Besides, the rising awareness campaigns regarding the benefits of clinical clothing would affect the market positively.Fortune Business Insights™provided this information in a recent report, titled, “Medical Clothing Market Size, Share and Industry Analysis, By Product (Surgical Drapes, Medical Scrubs and Gowns, Gloves, Facial Protection, Sterilization Wraps, Protective Apparels and Others), By Application (Hospitals and Physicians’ Offices, Outpatient Facilities, and Others), and Regional Forecast, 2020-2027.” The report further states that the medical clothing market size wasUSD 63.3 billionin 2019 and is projected to reachUSD 99.9 billionby 2027, exhibiting a CAGR of 5.9% during the forecast period.
Highlights of the Report:
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Key Players Operating in The Medical Clothing Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Drivers and Restraints-
Outbreak of Covid-19 Pandemic to Surge Demand for Medical Clothing
In January 2020, the World Health Organization (WHO) declared that the outbreak of Covid-19 pandemic occurred because of coronavirus. The virus is anticipated to have its origin in snakes or bats. The WHO also tagged Covid-19 as a Public Health Emergency of International Concern (PHEIC). The Centers for diseases control and Prevention (CDC) mentioned that among all the emerging infectious disease that affect humans, around 75% of them originate from animals. Hence, the increasing concerns regarding infectious diseases are likely to boost the medical clothing market growth in the coming years. Besides, zoonotic diseases have a tendency to affect public health worldwide, especially the emerging countries owing to their lack of control strategies. However, medical clothing often has to be approved by the regulatory bodies, such as the FDA. It involved extra expenses. Therefore, it may hinder the market growth
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Regional Analysis-
North America to Remain at the Forefront Stoked byDeveloped Healthcare Infrastructure
The market is geographically fragmented into the Middle East and Africa, Europe, Latin America, Asia Pacific, and North America. Amongst these, North America procured USD 25.5 billion in 2019 and is set to dominate in the forthcoming period. This growth is attributable to the presence of numerous medical clothing manufacturing companies, increasing prevalence of acute and chronic diseases, and developed healthcare infrastructure. Asia Pacific, on the other hand, is estimated to grow rapidly by exhibiting high CAGR on account of the increasing awareness programs amongst the masses regarding hygiene and safety.
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