Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3248 million | USD 4555 million | 5.8% | 2021 |
The global surgical apparel market was worth around USD 3248 million in 2021 and is estimated to grow to about USD 4555 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.8 percent over the forecast period. The report analyzes the surgical apparel market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the surgical apparel market.
The surgical apparel market is anticipated to see a hike in growth over the forecast period owing to the rise in focus on healthcare across the world. An increasing number of surgical procedures across the world are expected to favor surgical apparel market growth over the forecast period.
The rising geriatric population, increasing focus on healthcare, increasing healthcare expenditure, and advancements in healthcare infrastructure are major factors propelling the surgical apparel market growth through 2028.
The COVID-19 pandemic provided the world healthcare systems with major challenges and tested their efficacy in the most adverse of situations known to the modern world. The surgical apparel market saw a hike in demand in this era owing to rising awareness about healthcare hygiene and increasing focus on risk and infection prevention in times of a worldwide pandemic situation.
However, trade restrictions under lockdown mandates restrained the market from achieving its full potential despite the high demand on a global scale. With the number of surgical procedures declining in the wake of the pandemic the sales of surgical apparel also saw a drop and experienced a negative trend.
The surgical apparel market is expected to make a good comeback in the post-pandemic era and record good growth across the world owing to a heightened focus on healthcare as the COVID-19 pandemic subsides.
Increasing Focus on Healthcare
Instances of chronic diseases have increased substantially over the past few years and this has fostered a new demand for healthcare on a global scale. The emergence of infectious diseases across the world has bolstered the demand for medical equipment on a massive scale. Multiple countries are focusing on bolstering their healthcare infrastructure by opting for better treatment and diagnostic procedures to battle increasingly deadly chronic diseases. Healthcare expenditure has been increased in multiple countries to ensure public safety as the prevalence of pandemics and epidemics is on a rise.
Rising Popularity of Reusable Surgical Apparel to Adversely Impact Market Growth
In order to reduce medical waste and achieve sustainability goals, reusable surgical apparel is gaining popularity among end users and this is expected to restrain market potential to a certain extent. The overall surgical apparel market growth is expected to experience a minor setback by increasing the use of reusable products but this can easily be overcome by offering better products that are more cost-effective and bolster patient safety.
Rising Medical Waste From Disposable Surgical Apparel
Management of waste has become a crucial issue on a global scale and this is expected to have an adverse impact on surgical apparel market growth. Medical waste management is a major challenge for healthcare infrastructure to which there is still no absolute solution and the increasing use of disposable surgical apparel to avoid the risk of cross-contamination is expected to further increase medical waste. Governments are implementing stringent waste management regulations to reduce waste and this could restrain sales of disposable surgical apparel and hinder the overall market growth. Surgical apparel companies can overcome this by offering sustainable surgical apparel that is eco-friendly and easy to manage as a waste product.
The global surgical apparel market is segregated based on type, product, end user, and region.
By Product, the market is divided into scrubs, gowns, gloves, masks, caps, and others. The gowns segment is currently accounting for a dominant market share and is projected to maintain this stance through 2028. Increasing focus on patient safety and developing healthcare infrastructure in economies like India, China, and Brazil are expected to see high demand for gowns over the forecast period. The pandemic provided a boost to sales of masks and gloves which are expected to see a downfall trend as the pandemic subsides.
By end user, the surgical apparel market is segmented into hospitals, ambulatory surgical centers, clinics, diagnostic centers, and others. The hospital segment is anticipated to maintain a dominant outlook throughout the forecast period owing to rising awareness about hospital-acquired infections and increasing focus on patient safety and hygiene. The demand from diagnostic centers is also projected to have a decent growth outlook through 2028.
The North American surgical apparel market is expected to hold a dominant stance in the global industry landscape through 2028. The rising number of surgical procedures, high healthcare spending procedures, and the presence of key surgical apparel manufacturers are some of the major factors influencing the surgical apparel market growth in this region. Key nations to watch out for in this region are the United States and Canada.
On the other hand, the market for surgical apparel in the Asia Pacific region is expected to rise at a high CAGR through 2028 and provide lucrative growth opportunities for all key players. Increasing focus on healthcare, developing healthcare infrastructure, the prevalence of chronic illnesses, rising awareness about hospital-acquired infections, and patient safety are the key trends propelling surgical apparel market growth in this region. The demand is predicted to be spearheaded by economies such as India, China, and Japan.
Some of the main competitors dominating the global surgical apparel market include - Johnson & Johnson (US), Baxter International Inc. (US), Medtronic plc (US), Boston Scientific Corporation (US), GE Healthcare (US), Smith & Nephew plc (UK), Stryker Corporation (US), B Braun (US), Thermo Fisher Scientific (US), Covidien (Ireland), The 3M Company (US).
The global surgical apparel market is segmented as follows:
FrequentlyAsked Questions
Rising focus on healthcare, increasing prevalence of chronic diseases, and rising focus on patient safety are anticipated to govern surgical apparel market growth through 2028.
According to the Zion Market Research report, the global surgical apparel market was worth about US$ 3248 million in 2021 and is predicted to grow to around US$ 4555 million by 2028, with a compound annual growth rate (CAGR) of around 5.8 percent.
The presence of key manufacturers and high healthcare spending potential is expected to make North America a highly beneficial market for surgical apparel industry.
Some of the main competitors dominating the global surgical apparel market include -- Johnson & Johnson (US), Baxter International Inc. (US), Medtronic plc (US), Boston Scientific Corporation (US), GE Healthcare (US), Smith & Nephew plc (UK), Stryker Corporation (US), B Braun (US), Thermo Fisher Scientific (US), Covidien (Ireland), The 3M Company (US).
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