Hospital Linen Supply and Management Services Market Size, Share and Forecast Report
by Susan Hill Business ConsultantThe global hospital
linen supply and management services market size is
anticipated to reach USD 9.4 billion by 2025, according to a new report by
Grand View Research, Inc., registering a 3.0% CAGR during the forecast period.
Value-added services by key players, increasing outsourcing of hospital linen
supplies and services, growing patient base due to rise in various diseases,
and increasing geriatric population are key factors that are likely to drive
market growth over the forecast period.
Rising prevalence of various diseases such as
cardiovascular diseases (CVD), cancer, arthritis, obesity, and diabetes, has
expanded the global patient, thereby resulting in growing demand for linen in
hospitals. According to WHO, globally, CVDs are the leading cause of death and
in 2015, CVD accounted for 31.0% of global deaths. As per the British Heart
Foundation, there are approximately 200,000 hospital visits every year due to
heart attacks. This, in turn, results in a large patient population base, which
propels the growth of the hospital linen supply and management services market.
Growing geriatric population prone to various diseases is also a high
impact-rendering driver for market growth.
Further
key findings from the study suggest:
- Bedsheets and pillow covers accounted for the largest share in 2016
owing to increasing number of hospitals and implementation of strict linen
hygiene policies
- Non-woven material is anticipated to witness the highest growth in
the market due to advancements in manufacturing technologies
- The hospitals segment is anticipated to dominate the market in the
forecast period due to increasing number of public and private hospitals
and rise in patient volume
- The contractual service provider segment is expected to witness the
highest growth due to increasing awareness and demand for hygiene by
healthcare professionals and patients
- The Asia Pacific market is expected to expand at the highest CAGR
over the forecast period owing to a massive population base and improving
healthcare infrastructure
- Major players in the market include Unitex Textile Rental Services,
Inc.; Emes Textiles Pvt. Ltd.; Angelica Corporation; E-town Laundry
Company; Healthcare Services Group, Inc.; ImageFIRST Healthcare Laundry
Specialists, Inc.; Tetsudo Linen Service; Celtic Linen; Swisslog Holding
AG; and AmeriPride Services Inc.
Access
full research report on global hospital linen supply and management services market:
www.grandviewresearch.com/industry-analysis/hospital-linen-supply-and-management-services-market
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Created on Sep 24th 2019 08:52. Viewed 233 times.