Medical Clothing Market Trends

  • Report ID: 4543
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Medical Clothing Market Trends

Growth Drivers

  • Higher Prevalence of Zoonotic Disease

According to the World Health Organization, zoonotic diseases hold a 60% share of all emerging infectious diseases, in the last three decades, more than 30 newly emerged human pathogens are detected as zoonoses. Moreover, every year around 1 billion individuals die of zoonoses.

  • Higher Investment and Expenditure on Healthcare 

The surge in healthcare expenditure has accelerated the manufacturing of medical clothing at a rapid pace to facilitate their use at every healthcare facility. For instance, the World Bank estimates that worldwide health spending contributed to 9.83% of global GDP in 2019.

  • Growth of Hospitals Across the Globe

In 2019, there were around 1300 hospitals in Australia, nearly 11,000 hospitals in Colombia, and approximately 3000 hospitals in Germany.

Challenges

  • Allergy to Latex-Made Medical Clothing
  • Stringent Government's Rules & Regulation on the Manufacturing
  • Lack of Skilled Professionals — A lack of medical professionals is anticipated to push the population further away from using medical clothing. The absence of proper training and investments made in grooming individuals for using medical clothing makes it more difficult to adopt medical clothing in the healthcare sector.

Medical Clothing Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

~8%

Base Year Market Size (2022)

~ USD 100 Billion

Forecast Year Market Size (2033)

~ USD 180 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Base Year

2024

Forecast Year

2025-2037

CAGR

8.3%

Base Year Market Size (2024)

USD 117.97 billion

Forecast Year Market Size (2037)

USD 334.99 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Radhika Pawar


  • Report ID: 4543
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of medical clothing is assessed at USD 125.9 billion.

The medical clothing market size was valued at USD 117.97 billion in 2024 and is set to reach USD 334.99 billion by the end of 2037, registering around 8.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by rise in medical procedures being carried out worldwide, higher prevalence of zoonotic disease, higher investment and expenditure on healthcare, and others.

North America industry is likely to surpass 38% revenue share by 2037, due to rising presence of developed healthcare infrastructure in the region.

The major players in the market include Molnlycke Health Care AB, Key PerformanceIndicatorsCardinal Health, Inc., Medline Industries, Inc., Owens & Minor, Inc., 3M Company, Barco Uniforms, Inc., ANSELL LTD., Superior Group of Companies, Inc., Semperit AG Holding, Herida Healthcare Limited.
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