Healthcare Fabrics Market To Reach US$22.22 Billion In 2022, Driven By Growing Demand For Protective Medical Textiles

https://www.coherentmarketinsights.com/market-insight/healthcare-fabrics-market-5784
Healthcare Fabrics Market



Market Overview:

Healthcare fabrics are specially designed textiles used in various medical applications, such as surgical gowns, face masks, bedding, and upholstery. These fabrics offer numerous advantages, including antimicrobial properties, fluid resistance, breathability, and comfort.

The increasing prevalence of hospital-acquired infections and the need for better infection control measures are driving the demand for healthcare fabrics. Additionally, the growing geriatric population and the rising number of surgeries worldwide are further propelling the market growth. Key players in the market include 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. 

The global Healthcare Fabrics Market Demand is estimated to be valued at US$ 22.22 Bn in 2022 and is expected to exhibit a CAGR of 9.8% over the forecast period of 2023 to 2030, according to a new report published by Coherent Market Insights.

Market key trends:
One key trend in the healthcare fabrics market is the growing adoption of nanotechnology to develop advanced medical textiles. Nanotechnology involves manipulating materials at the nanoscale to enhance their properties and functionalities. In the healthcare sector, nanotechnology is being used to develop fabrics with unique characteristics, such as self-cleaning surfaces, enhanced breathability, and improved antimicrobial properties. These advanced textiles can help in preventing the spread of pathogens, reducing the risk of infections, and promoting faster healing. Moreover, nanotechnology-based fabrics offer increased comfort and durability, making them suitable for long-term use. With ongoing research and development in nanotechnology, the market is expected to witness the emergence of innovative healthcare fabrics with superior performance
Segment Analysis:

The healthcare fabrics market can be segmented based on product type, application, and region.
Based on product type, the market can be segmented into non-woven fabrics, woven fabrics, and knitted fabrics. Among these, non-woven fabrics dominate the market due to their favorable characteristics such as higher strength, durability, and ability to be sterilized. Non-woven fabrics are extensively used in healthcare settings for manufacturing face masks, surgical gowns, drapes, and other disposable medical products. Knitted fabrics are also witnessing significant demand, particularly in the production of medical compression garments and bandages.

In terms of application, the market can be categorized into hygiene products, bedding & furniture, surgical & dressing products, and others. Hygiene products, including diapers, sanitary napkins, and adult incontinence products, account for the largest market share. Rising disposable income and increasing awareness about personal hygiene have contributed to the growth of this segment. The surgical and dressing products segment is also witnessing significant growth, driven by the increasing number of surgeries and the growing emphasis on infection control.

Key Takeaways:

The global healthcare fabrics market is expected to witness high growth, exhibiting a CAGR of 9.8% over the forecast period. One of the key drivers for market growth is the increasing demand for improved healthcare facilities and medical textiles. The rising prevalence of chronic diseases, an aging population, and the need for advanced wound care products are fueling the demand for healthcare fabrics. Additionally, the growing awareness about hygiene and infection control is boosting the adoption of disposable medical products made from healthcare fabrics.

In terms of regional analysis, North America is the fastest-growing and dominating region in the healthcare fabrics market. This can be attributed to the presence of a well-established healthcare infrastructure, increasing healthcare expenditure, and a high adoption rate of advanced medical textiles. The region is also witnessing significant investments in research and development activities by key market players.

Key players operating in the healthcare fabrics market include 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. These key players are focusing on product innovation, strategic collaborations, and mergers and acquisitions to strengthen their market position and expand their product portfolio.

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