OPPORTUNITY OPPORTUNITY Increasing Healthcare

Transcript:OPPORTUNITY OPPORTUNITY Increasing Healthcare:
OPPORTUNITY OPPORTUNITY Increasing Healthcare Expenditure Click Here to read more The medical apparel industry get significant impacted by rising healthcare costs, which are being driven by variables such : Population growth, Ageing demographics, and Improved access to healthcare services. Medical apparel is increasingly necessary as healthcare systems grow in order to safeguard both patients and healthcare workers. TOI : Click here to read more Increasing Telemedicine and Remote Healthcare Services As telemedicine and remote healthcare services continue to expand, there is an opportunity for medical apparel designed to meet the needs of healthcare professionals working in virtual or remote settings. This includes comfortable and functional apparel suitable for telehealth consultations, home healthcare visits, or other remote medical services. Considering the increasing adoption of telemedicine, adapting medical apparel to the specific requirements of this evolving healthcare landscape could open up new markets and customer segments for your business. Click here to read more Opportunities for the creation of environmentally friendly medical apparel are presented by the growing emphasis on sustainability and environmental responsibility. To address the demand for greener alternatives in the market, manufacturers can investigate the use of recycled materials, bio-based fabrics, and sustainable production methods. Growing Sustainability and Eco-Friendly Solutions MARKET RESEARCH GLOBAL MARKET Some of the major players operating in the global medical clothing market are: Cardinal Health, Inc. (U.S.) Mölnlycke Health Care AB (Sweden) 3M (U.S.) Smith+Nephew (U.K.) Ansell Ltd. (Australia) Superior Group of Companies (U.S.) Semperit AG Holding (Austria) Henry Schein, Inc. (U.S.) Narang Medical Ltd. (India) Healing Hands (U.S.) BARCO UNIFORMS (U.S.) CHEROKEE UNIFORMS (U.S.) Aramark Uniform & Career Apparel (U.S.) Carhartt, Inc. (U.S.) LynkTrac Technologies LLC (U.S.) Owens & Minor, Inc. (U.S.) Prestige Medical (U.S.) Landau Uniforms (U.S.) Medline Industries, Inc. (U.S.) Click here to read more INDIAN MARKET India is the world’s second-largest producer of textiles and garments. It is also the fifth-largest exporter of textiles spanning apparel, home and technical products. The textiles and apparel industry contribute 2.3% to the country’s GDP, 13% to industrial production and 12% to exports. Around 45 million people are working in the textile business, including 3.5 million people who work on handlooms. The Indian textile and apparel industry is expected to grow at 10% CAGR from 2019-20 to reach US$ 190 billion by 2025-26. The Indian apparel market stood at US$ 40 billion in 2020 and is expected to reach US$ 135 billion by 2025. India