Thursday, 19 December 2019

Hospital Linen Supply and Management Services Market 2025: Industry Growth, Classification and Consumption Volume Forecast


Felton - This report provides in depth study of “Hospital Linen Supply and Management Services Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Hospital Linen Supply and Management Services Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Global Hospital Linen Supply and Management Services Market size is expected to reach USD 9.4 billion by 2025. Hospital Linen Supply and Management Services is a professional service that provides and maintains the linen supply of the hospital and healthcare institution to ensure proper hygiene of the linen material provided to patients. Linens are those fabric household goods prepared for daily use like tablecloths, towels, and bedding. The market will be registering a CAGR of 3.0% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
End users such as hospitals, standalone clinics, diagnostic centers, and others could be explored in Hospital Linen Supply and Management Services industry. The “hospitals” segment accounted for the largest share in the market and is expected to witness the highest growth rate in the years to come due to increasing number of public & private hospitals and rising number of hospital beds. Moreover, standalone clinics and diagnostic centers are expected to hold the largest market share in the forecast period owing to rising patient population treated at these facilities.
The factors that play an important role in the growth of Hospital Linen Supply and Management Services market include increasing demand, growing population, increasing urbanization & industrialization, rising outsourcing of hospital linen supplies & services, growing patient base due to rise in occurrence of various diseases, increasing value-added services by vendors, increasing demand for hygienic & sophisticated healthcare facilities and rising occurrences of hospital infections & technological improvements. Moreover, prevalence ofvarious diseases such as cancer, cardiovascular diseases (CVD), obesity, arthritis, and diabetes is expected to boost the demand for linen in hospitals. However, high cost of linen material and deficiency in the supply of hospital linens are negatively impacting the growth of Hospital Linen Supply and Management Services industry.
The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product, material, end use, service provider and geography. The market is classified into material such as woven and non-woven. The “woven” segment holds the largest share in the market. However, the “non-woven” material is expected to witness the highest growth in the next couple of years owing to increasing technologies for manufacturing good quality linen materials. Non-woven material is made from staple fiber and long fiber, which is bonded by solvent, heat, chemical or mechanical treatment.
The key players contributing to the robust development of the Hospital Linen Supply and Management Services market include Services GroupInc., AmeriPride Linen & Uniform Services, Healthcare Services Group, Sobel Westex Inc., Unitex Textile Rental Services, Emes Textiles Pvt. Ltd.,E-town Laundry Company, Tetsudo Linen Service, Celtic Linen, Synergy Health Plc, Swisslog Holding, Angelica Corporation and Image FIRST Healthcare Laundry Specialists.These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Major Key Points in Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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