by The global Healthcare Fabrics Market is estimated to be valued at US$ 24.4 Bn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Global Healthcare Fabrics Market Growth find application in production of medical devices, apparels, medical uniforms, surgical drapes, surgical gowns, face masks, bedding products and others. These fabrics offer benefits such as liquid repellency, flame retardancy, biocompatibility and antimicrobial properties which aid in reducing spread of infection in healthcare settings.
Market key trends:
Development of advanced fabrics for telemedicine is one of the key trends witnessed in the healthcare fabrics market. With rapid advancements in digital health, traditional hospital visits have reduced and remote monitoring of patients and virtual consultations have increased tremendously. To facilitate growth of telemedicine, research is ongoing for development of lightweight and breathable smart fabrics integrated with sensors to non-invasively monitor health parameters such as temperature, pulse, blood pressure, ECG etc. and transmit data to healthcare professionals. Many market players are specifically focusing on this segment by coming up with innovative connected care textiles. For example, in 2021, Anthropic introduced AI-powered textiles integrated with computer vision and human pose estimation for remote patient monitoring and rehab.
Segment Analysis
The global healthcare fabrics market can be segmented by raw material, application, and end use. Based on raw material, polypropylene dominated the market in 2023 due to its good moisture-wicking properties and high strength. Polypropylene allows easy maintenance, high durability, soft texture and is cost effective. Based on application, surgical fabrics held the largest share in 2023 due to high usage of these fabrics for surgical drapes, gowns, and masks. Based on end use, hospitals dominated the market in 2023 due to high demand of healthcare fabrics for various procedures like surgeries, patient care, etc.
Key Takeaways
The global Healthcare Fabrics Market is expected to witness high growth, exhibiting CAGR of 9.8% over the forecast period, due to increasing demand for non-woven fabrics and advances in healthcare infrastructure & facilities.
Regional analysis – North America held the largest share in the global healthcare fabrics market in 2023. This is attributed to high healthcare spending, stringent regulations, and presence of key players in the region. Asia Pacific is expected to be the fastest growing regional market due to improving healthcare infrastructure and rising medical tourism in countries like China, India and Southeast Asian countries.
Key players – Key players operating in the healthcare fabrics market are Knoll Inc., Freudenberg Group, Avgol Ltd., Carnegie Fabrics LLC, Eximius Incorporation, Berry Global Group Inc., Asahi Kasei Corporation, Ahlstrom Munksjo OYJ, Kimberly-Clark Corporation, and Paramount Tech Fab Industries, among others. Knoll Inc. held the largest market share in 2023 due to its wide product portfolio and global presence. Freudenberg Group focuses on development of innovative healthcare fabrics through R&D.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
