November 3rd, 2022 Fortune Business Insights Releases
The global medical clothing market size is expected to reach USD 140.64 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. The medical clothing market size stood at USD 86.14 billion in 2020. The increasing knowledge about contagious viruses and outbreaks will stimulate the need for medical clothing in healthcare facilities, thus aiding the global market, states Fortune Business Insights, in a report, titled “Medical Clothing Market size, 2021-2028”.
April 2020: Halyard Worldwide, Inc. received a contract for the production of N-95 masks and gowns from the U.S Department of Defense logistic office.
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Increasing Safety and Hygiene Concerns to Bolster Growth amid Coronavirus
The rising concern about patient’s health and safety has created lucrative opportunities for the market during the coronavirus outbreak. The compulsory regulations implemented by governments to use masks and disposable overalls have boosted the medical clothing market share. For instance, in 2020, China produced 116 million masks a day, 12 times its supply before the outbreak. Moreover, the Chinese government also exported protective equipment to Italy and other countries amid COVID-19. Furthermore, hospitals’ growing investment in enhanced medical apparel will support the growth of the market during coronavirus. Besides, increasing awareness about the advantages of medical garments, growing number of surgeries, and rising cases of chronic diseases are expected to bode well for the market.
What Does the Report Contain?
The report provides vital information, including key industry drivers, trends, forecasts, and hindrances. It also contains an exhaustive investigation of all market segments, distinctly and collectively, and painstaking ideas into the regional dynamics prompting the market growth. Apart from these, the market report brings an extensive assessment of major corporations and their growth strategies.
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Increasing Threats of Deadly Diseases to Boost Market
The increasing cases of fatal viruses such as Covid-19, SARS, Avian Influenza, Swine Flu, and others have urged people to take necessary precautions involving hygiene to control the spread of viruses, which, in turn, is fostering the medical clothing market growth. Most of the RNA viruses, such as swine flu, bird flu, and coronavirus, can adapt and change hosts by infecting complex biological systems such as humans. Thus, to contain such viruses, the requirement for medical apparel is accelerating among healthcare practitioners. Moreover, the increasing research and development activities involving the study of lethal viruses’ requisites expertise and highly protective medical clothing, which, in turn, will further aid the growth of the market. In addition, the awareness about epidemic and pandemics coupled with medical exploration will create opportunities for the medical apparel industry.
High Production and Distribution of Medical Apparel to Augment Growth in Asia Pacific
Asia Pacific is expected to experience massive growth during the forecast period. The improving healthcare infrastructure coupled with awareness about patients’ safety and hygiene will boost the market in the region. Moreover, the increasing manufacturing of medical products by prominent players will have an outstanding impact on the market. In addition, the presence of medical apparel manufacturers in emerging countries such as India and China incite development in Asia Pacific. Latin America, and the Middle East, and Africa are expected to experience steady growth due to the increasing healthcare investments by governments in the regions.
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The Report Lists the Key Players in this Market:
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