Portland, OR, Oct. 18, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, 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 report provides a detailed analysis of changing market dynamics, value chain, top segments, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in determining strategies to continue growth and attain competitive edge in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $42.4 billion |
| Market Size in 2031 | $96.4 billion |
| CAGR | 8.4% |
| No. of Pages in Report | 300 |
| Segments covered | Product, Usage, End User, and Region. |
| Drivers | Increase in product launches |
| Rise in incidence of hospital-associated disorders | |
| Opportunities | Surge in the number of hospitals and access to healthcare facilities globally |
| Increased healthcare expenditure | |
| Restrains | Risks related to infection |
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 research provides a detailed segmentation of the global medical clothing market based on product, usage, end user, and region. The research analyzes each segment and sub-segments for identifying the largest revenue generating and fastest-growing segments for market players, investors, and stakeholders. Market size and estimations for each segment and its sub-segments are provided in the report to help market players determine the steps to be taken for achieving the growth.
Based on product, the surgical drapes and gowns segment held the highest share in 2021, contributing to nearly two-fifths of the total share, and is expected to continue its leadership status throughout the forecast period. However, the gloves segment is expected to manifest the highest CAGR of 9.2% from 2022 to 2031. The report also analyzes the segments including facial protection and others.
Based on usage, the health worker segment contributed to the highest share in 2021, accounting for nearly four-fifths of the global medical clothing market, and is estimated to continue its lead in terms of revenue during the forecast period. However, the patients segment is expected to manifest the highest CAGR of 9.0% from 2022 to 2031.
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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.
The research provides detailed analysis of leading players of the global medical clothing market. 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.
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://tinyurl.com/5n7hfzc3
The report analyzes these key players and highlights various strategies such as new product launches, partnerships, expansion, and others to raise their market penetration and strengthen their position in the market. The report offers a detailed analysis that outlines the product portfolio, operating segments, business performance, and key developments of each market player.
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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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