Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 19.86 Billion | USD 36.52 Billion | 7% | 2023 |
The global healthcare fabrics market size was worth around USD 19.86 billion in 2023 and is predicted to grow to around USD 36.52 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7% between 2024 and 2032. The report analyzes the global healthcare fabrics market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the healthcare fabric industry.
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. Healthcare fabric is invented by the application of medical science in the textile industry and technology. It is used basically for healthcare or medical purposes. The expansion of newest and technologically advanced fabrics is leading to the introduction of new zones of application of healthcare fabrics. Healthcare fabric is one of the rapidly growing segments in the technical fabrics market.
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 study provides a decisive view of the healthcare fabrics market based on raw material, fabric type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on raw material, the market is segmented into polypropylene, cotton, polyester, viscose, polyamide, and others. By fabric type, the market includes non-woven fabrics, woven fabrics, and knitted fabrics.
By application, the market is segmented into hygiene products, dressing products, clothing, blankets and bedding, upholstery, and others (orthopedic appliances, surgical hosiery, and adult diapers).
Report Attributes | Report Details |
---|---|
Report Name | Healthcare Fabrics Market |
Market Size in 2023 | USD 19.86 Billion |
Market Forecast in 2032 | USD 36.52 Billion |
Growth Rate | CAGR of 7% |
Number of Pages | 110 |
Key Companies Covered | 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 |
Segments Covered | BY Raw Material, By Fabric Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa which is further divided into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.
By region, Europe is expected to remain the dominating region in terms of revenue over the forecast timeline, owing to the high adoption of healthcare fabrics and favorable government regulations. North America was the second largest market in 2023 followed by the Asia Pacific region. The Asia Pacific healthcare fabrics market is anticipated to record the highest growth over the forecast timeline, owing to the growing healthcare awareness among the regional population, rising disposable income of the people, and favorable government initiatives. The Latin American and the Middle Eastern and African markets are expected to experience moderate growth in the years to come.
Some of the major players in the global healthcare fabrics market include:
Global Healthcare Fabrics Market: Raw Material Analysis
Global Healthcare Fabrics Market: Fabric Type Analysis
Global Healthcare Fabrics Market: Application Analysis
Global Healthcare Fabrics Market: Regional Analysis
FrequentlyAsked Questions
Healthcare fabrics are specialized textiles designed for use in medical settings. These materials are engineered to meet stringent hygiene, safety, and performance standards.
According to a study, the global healthcare fabrics market size was worth around USD 19.86 billion in 2023 and is expected to reach USD 36.52 billion by 2032.
The global healthcare fabrics market is expected to grow at a CAGR of 7% during the forecast period.
Europe is expected to dominate the healthcare fabrics market over the forecast period.
Leading players in the global healthcare fabrics market include 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, among others.
The healthcare fabrics market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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