According to the information published by Fortune Business Insights in one of its reports, states that the global medical scrubs market is projected to grow from USD 94.29 Billion in 2021 to USD 140.64 Billion at a CAGR of 5.9% in the 2021- 2028.
Factors such as the rising incidence of pandemic outbreaks and the growing focus on upgrading healthcare settings will bode well for the adoption of the product globally.
Diving factors to boost Medical Scrubs Market
- Rising Incidence of Chronic Ailments to Favor Market Growth:
Covid-19 outbreak has created multiple opportunities in the market, which has urged people to take necessary precautions involving hygiene to control the spread of viruses, which, in turn, is fostering the medical scrubs market growth. Also, patients that are being treated in the hospital have chances of contracting hospital-acquired infections (HAI).
For instance, according to the World Health Organization (WHO), 10% hospitals in developing countries and about 7% of them in developed countries register at least one case of HAI at any given time. This has led to the increasing focus on improving the healthcare infrastructure and maintaining optimum hygiene. This is anticipated to favour the global Medical Scrubs Market growth during the forecast period.
- Increased medical scrubs demand to boost market:
The rapid surge in the COVID-19 cases globally had led the healthcare sector to completely focus on the well-being of the patients. The primary focus on reducing the impact of the virus and proactive government efforts to spread awareness regarding safety and hygiene has led to significant investment in the medical apparel category.
For instance, in April 2020, China announced the production of 116 million marks per day, a 12 times surge in the capacity pre-pandemic.
- High Production and Distribution of Medical Apparel to Augment Growth in Asia Pacific:
During the projection period, Asia Pacific is expected to grow at a rapid pace. The region’s market will benefit from improved healthcare infrastructure as well as increased awareness of patient safety and hygiene. Furthermore, the increased production of medical items by major firms would have a significant impact on the industry. Furthermore, the presence of medical gear producers in developing countries like India and China encourages growth in Asia Pacific. Due to increased healthcare investments by governments in the regions, Latin America, the Middle East, and Africa are likely to rise steadily.
Key Development:
April 2020: Halyard Worldwide, Inc. received a contract for the production of N-95 masks and gowns from the U.S Department of Defence logistic office
January 2021: Calgary Designer Nina Kharey, announced the launch of Folds. The product is a new line of sustainable antimicrobial and antiviral scrubs for several healthcare professionals
The Report Lists the Key Players in this Market:
- Cardinal Health, Inc. (U.S.)
- Halyard Health (U.S.)
- Barco Uniforms (U.S)
- Superior Uniform Groups (U.S)
- Semperit AG Holding (Austria)
- Ansell Healthcare LLC (Australia)
- 3M company (U.S)
- Medline Industries (U.S)
- Mölnlycke Health Care (Sweden)
- Other prominent players
Market Segmentation:
Based on the product, the market is divided into surgical drapes, scrubs and gowns, gloves, facial protection, sterilization wraps, protective apparels, and others.
Moreover, based on the end-user, the market is trifurcated into hospitals & physicians’ offices, outpatient facilities, and others.
Lastly, based on the region, the market is segregated into North America, Asia-Pacific, Latin America, Europe, the Middle East and Africa.
About Fortune Business Insights:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. They tailor innovative solutions for clients, assisting them to address challenges distinct to their businesses. Their goal is to empower their clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Their reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. The team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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