Antimicrobial Hospital Textiles Market Size, Share, And Growth Rate Analysis 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s antimicrobial hospital textiles market report forecasts the antimicrobial hospital textiles market size to grow to $13.42 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.
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Antimicrobial Hospital Textiles Market Size Forecast
The global antimicrobial hospital textiles market is expected to grow from $9.30 billion in 2022 to $10.04 billion in 2023 at a compound annual growth rate (CAGR) of 8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The antimicrobial hospital textiles market size is expected to grow to $13.42 billion in 2027 at a CAGR of 7.5%.
Asia-Pacific held the largest antimicrobial hospital textiles market share and was the fastest-growing region in 2022.
Key Antimicrobial Hospital Textiles Market Driver – Increase In Awareness Of Hospital-Acquired Infections
For instance, in September 2021, according to the National Healthcare Safety Network (NHSN) data, a US-based national public health agency, in the fourth quarter of 2020, the rates of catheter-associated urinary tract infections and Methicillin-resistant Staphylococcus aureus infections rose by 18.8% and 33.8%, respectively, as compared to 2019, in the US. Therefore, rising awareness of hospital-acquired infections is driving the antimicrobial hospital textiles market.
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Key Antimicrobial Hospital Textiles Market Trend – Technological Innovation
Major companies operating in the antimicrobial hospital textiles market are focused on developing new technological solutions to strengthen their position. For instance, in December 2020, NordShield, a Finland-based company operating in the antimicrobial hospital textile, launched cutting-edge antimicrobial technology for consumer fibers. It is devoid of heavy metals, and the innovative technology will maintain its antibacterial efficiency for at least 30 washes, longer than the typical lifespan of a garment. This enables ecological antimicrobial protection for the masses for the first time. The technology is used for high-efficacy anti-mold protection of fabrics during transportation and warehousing.
Antimicrobial Hospital Textiles Market Segment
1) By Type: Cotton, Polyester, Polyamide, Other Types (Polyethylene, Polypropylene, Acrylic, and Cellulose Acetate)
2) By Usability: Disposable, Reusable
3) By FDA Class: Class I, Class II, Class III
4) By Hospital Department: General Ward, Surgical Room, Infectious Disease Ward, ICU, Other Hospital Departments
5) By Application: Medical Uniform And Apparels, Upholstery, Surgical textiles, Incontinence Care Garments, Wound Treatment, Other Applications
Antimicrobial Hospital Textiles Market Major Players and Strategies
Major players in the antimicrobial hospital textiles market are Sinterama S.p.A., Trevira GmbH, PurThread Technologies, LifeThreads Scrubs, Thai Acrylic Fiber Co. Ltd., Smith & Nephew plc, Herculite Products Inc., Toyobo Co. Ltd., Mollyflex, Swicofil AG, Baltex, Microban International Ltd., Sciessent, BASF SE, Lonza Group AG, BioCote, Resil Chemicals Pvt. Ltd., Archroma, and HeiQ Materials AG.
In June 2021, HeiQ, a Switzerland-based chemical manufacturing company, acquired Life Material Technologies Limited for an undisclosed amount. This acquisition strengthens the presence of HeiQ in the bio-based antimicrobial and healthcare surface hygiene markets and broadens the company’s product offering and innovation capabilities, positioning it as a leader in the field of materials innovation. Life Material Technologies Limited is a Bangkok-based company engaged in the development of antimicrobial hospital textiles.
The Antimicrobial Hospital Textiles Global Market Report 2023 covers regional data on antimicrobial hospital textiles market size, antimicrobial hospital textiles market trends and drivers, opportunities, strategies, and antimicrobial hospital textiles market competitor analysis. The countries covered in the antimicrobial hospital textiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Antimicrobial hospital textiles refer to fabrics that have been treated with chemicals or manufactured with chemicals to limit the growth of bacterial germs on the fabric. It is utilised for hospital beds, curtains, and linens.
View More Reports Related To The Antimicrobial Hospital Textiles Market –
Antimicrobial Textile Global Market Report 2023
Hospital-Acquired Infection Control Global Market Report 2023
Textile Global Market Report 2023
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