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20-Dec-2023

Medical Clothing Market Size (USD 96.4 Billion by 2031), Achieves Record-Breaking Growth of 8.4% from 2022 to 2031

According to the report published by Allied Market Research, the global medical clothing market generated $42.4 billion in 2021, and is estimated to reach $96.4 billion by 2031, manifesting a CAGR of 8.4% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, value chain, top segments, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in determining strategies to continue growth and attain competitive edge in the market.

 

Report coverage & details:

Report Coverage Details
Forecast Period 2022­–2031
Base Year 2021
Market Size in 2021 $42.4 billion
Market Size in 2031 $96.4 billion
CAGR 8.4%
No. of Pages in Report 300
Segments covered Product, Usage, End User, and Region.
Drivers Increase in product launches
Rise in incidence of hospital-associated disorders
Opportunities Surge in the number of hospitals and access to healthcare facilities globally
Increased healthcare expenditure
Restrains Risks related to infection

 

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In 2021, the hospitals and clinics sector emerged as the primary contributor, commanding over three-fifths of the global market share. It is poised to maintain its leadership position through 2031, with a noteworthy projection of an 8.5% Compound Annual Growth Rate (CAGR) during the forecast period. Ambulatory surgical centers and other segments are also explored in the research.

Regionally, North America dominated the market in 2021, capturing nearly two-fifths of the global medical clothing market share and is anticipated to sustain its supremacy until 2031. However, the Asia-Pacific region is expected to exhibit the highest CAGR of 9.4% throughout the forecast period, signaling rapid growth. The study further scrutinizes market dynamics in Europe and LAMEA.

 

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Key findings of the study

  • On the basis of product, the surgical drape segment was the highest contributor to the market in 2021.
  • Based on usage, the patient segment was the highest contributor to the market in 2021.
  • Depending on end user, the hospitals segment was the highest contributor to the market in 2021.
  • Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

 

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the medical clothing market analysis from 2021 to 2031 to identify the prevailing Medical Clothing Market Opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the medical clothing market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global medical clothing market trends, key players, market segments, application areas, and market growth strategies.

 

Top Medical Clothing Market Players

  • 3M
  • BARCO UNIFORMS
  • Cardinal Health Inc.
  • Carhartt, Inc
  • CHEROKEE UNIFORMS
  • Landau Uniforms
  • Medline Industries, Inc
  • Narang Medical Limited
  • Smith+Nephew
  • Vestex protects

 

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
  • How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
  • Which region has more opportunities?

 

By Region Outlook 

  • North America
    (U.S., Canada, Mexico)
  • Europe
    (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific
    (Japan, China, India, Rest of Asia-Pacific)
  • LAMEA
    (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

 

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

Contact Details:

David Correa
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help@alliedmarketresearch.com

Editor Details

  • Company:
    • The Wire Times
Last Updated: 20-Dec-2023