Healthcare Workwear Market to Hit US$ 4,747.36million Growing at a CAGR of 9.2% from 2020 to 2027

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Healthcare Workwear Market to Hit US$ 4,747.36million Growing at a CAGR of 9.2% from 2020 to 2027

February 02
17:20 2021
The healthcare workwear market was valued at US$ 2,365.96million in 2019 and is projected to reach US$ 4,747.36million by 2027; it is expected to grow at a CAGR of 9.2% from 2020 to 2027.

Rapid developments in the healthcare sector in developed and developing countries are primarily driving the healthcare workwear market. For instance, the US, Canada, Germany, France, Italy, the UK, China, and Australia are the key contributors to the market. According to data provided by the Organization for Economic Co-operation and Development (OECD) in 2018, the US ranked first in healthcare spending among the world’s developed nations. Canada spends ~11.2% of GDP on healthcare. Moreover, Germany is among the leading healthcare markets in Europe in terms of the number of patients, healthcare providers, and medical technology manufacturers present in the country.

A few of the major key players operating in the global healthcare workwear market are 3M, Alpha Pro Tech, Ansell Limited, Cardinal Health, Derekduck Industry Corp., O&M Halyard, International Enviroguard, Tronex International, Inc., KIMBERLY-CLARK CORPORATION, and Surgeine Healthcare (India) Pvt. Ltd.

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Healthcare workwear protects medical professionals from pathogens. Coveralls, gowns, safety glasses or face shields, masks, gloves, lab coats, scrubs, shoes, and boot covers are among the types of healthcare workwear are available in the market, which covers almost every part of the body. Medical professionals choose healthcare workwear according to the requirements of their job. Safety glasses or face shields are plastic goggles that provide protection against sudden splashes of fluids such as blood, vomit, and excrement. Covering the mouth and nose with masks prevents the exhalation of microorganisms in a sterile environment. Healthcare workwear such as masks, gowns, and face shields help prevent the spread of viruses and provide protection to the healthcare workers, including doctors, nursing professionals, and other hospital staff. Thus, the ongoing COVID-19 pandemic is a major current driver of the healthcare workwear market growth. Also, ongoing innovations, combined with various advancements in surgery, such as procedure standardization, technical advancements, and high-reliability organization, are expected to further fuel the growth of the hospital industry, thereby driving the demand for healthcare workwear.

Rapid Developments in Healthcare Sector in Developed and Developing Countries to Driving Market Growth at 9.2% CAGR during 2020–2027

The COVID-19 outbreak was first reported in Wuhan, China, in December 2019, and since then, it has spread at a fast pace worldwide. As of September 2020, the US, Brazil, India, Russia, Spain, and the UK are a few of the worst-affected countries in terms of confirmed cases and reported deaths. As novel coronavirus is transmitted to healthy individuals through respiratory droplets when an infected person coughs or sneezes, healthcare professionals need to use high-quality workwear to protect themselves from the infection. This has further led to high demand for healthcare workwear such as personal protective equipment (PPE), gloves, and masks.

Product Insights

Based on product type, the healthcare workwear market is segmented into coveralls, gowns, and others. The gowns segment led the healthcare workwear market with the largest share in 2019. The gowns used by healthcare professionals are majorly classified into surgical gowns, surgical isolation gowns, and nonsurgical gowns. Surgical gowns are worn by healthcare personnel during surgical procedures to avoid the exchange of body fluids, microorganisms, and particulate matter between themselves and patients. The globally rising number of surgical procedures supports the growth of the market for the gowns segment.

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Strategic Insights

Key players in the healthcare workwear market include 3M, Alpha Pro Tech, Ansell Limited, Cardinal Health, Derekduck Industry Corp., O&M Halyard, International Enviroguard, Tronex International, Inc., KIMBERLY-CLARK CORPORATION, and Surgeine Healthcare (India) Pvt. Ltd. The companies are adopting various strategies to increase their market share. The expansion strategy is adopted by the companies to expand their footprint in developed and developing countries or increase their service capacity and portfolio. Strategies and business planning in expansion help them address the growing market demand.

Report Spotlights

  • Progressive industry trends in the global healthcare workwear market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global healthcare workwear market from 2017 to 2027
  • Estimation of the demand for healthcare workwear across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and the demand for healthcare workwear
  • Market trends and outlook coupled with factors driving and restraining the growth of the healthcare workwear market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to global healthcare workwear market growth
  • Healthcare workwear market size at various nodes of market
  • Detailed overview and segmentation of the global healthcare workwear market as well as its dynamics in the industry
  • Healthcare workwear market size in various regions with promising growth opportunities

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Website: https://www.theinsightpartners.com/reports/healthcare-workwear-market/

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