Report ID: SQMIG35B2141
Report ID:
SQMIG35B2141 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
71 |
Figures:
75
Medical Clothing Market size was valued at USD 90.3 billion in 2019 and is poised to grow from USD 97.03 billion in 2023 to USD 174.58 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).
The rising prevalence of chronic diseases has increased the number of patients worldwide. Patients in hospitals, on the other hand, are at risk of developing hospital-acquired infections (HAI). According to the World Health Organization (WHO), at any given time, 10% of hospitals in developing countries and roughly 7% of hospitals in developed countries have at least one case of HAI. So,there has been a strong focus on improving hospital facilities and optimising sanitation. As an outcome, the market for medical clothing is becoming more competitive.
The growing geriatric population, combined with the rapid rise in the incidence of various chronic diseases, is favouring the global medical clothing market's upward trajectory. Players and manufacturers in the global medical clothing market are constantly focused on launching new products and increasing production capacity in order to meet the increased demand created by the COVID-19 pandemic in the health care industry. Furthermore, several players in the global medical clothing market are forming strategic alliances and making acquisitions to improve their market positioning.
US Medical Clothing Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONMedical Clothing Market size was valued at USD 90.3 billion in 2019 and is poised to grow from USD 97.03 billion in 2023 to USD 174.58 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).
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Report ID: SQMIG35B2141