Healthcare Fabrics Market Generated a Revenue of US$ 10.6 Billion in 2019 and is Expected to Reach US$ 19.3 billion by 2030 at a CAGR of 6.1%

in healthcare •  4 years ago 

Healthcare fabrics are used to manufacture upholstery, bedsheets, pillow covers, sports jersey, surgical scrubs, etc. Increasing the number of hospitals, ambulatory surgical care units, and clinics are driving the healthcare fabric market demand. Countries such as the U.S., India, and China with massive populations are constructing a large number of hospitals and medical care units strengthening the demand for healthcare fabrics. Since the corona outbreak the hotels and institutions have been converted to hospitals to take care of the patients. The conversion of these areas into healthcare centers require high-quality fabric goods to deal with the affected environment fueling the healthcare fabrics market. Rising demand for healthcare fabrics among athletes and sports persons is accelerating the adoption of healthcare fabrics. The leading players operating in the market are focusing on business expansions through strategic partnerships in the form of mergers and acquisitions, which is anticipated to expedite competition in the market.

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