Hospital Linen Supply And Management Services Market Growth Analysis With Investment Opportunities For 2024-2033
Hospital Linen Supply And Management Services Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033
LONDON, GREATER LONDON, UK, July 30, 2024 /EINPresswire.com/ -- The hospital linen supply and management services market2 has experienced robust growth in recent years, expanding from $10.73 billion in 2023 to $11.82 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to medical industry growth, regulatory standards, technological advancements, pharmaceutical and biotechnology growth, and food safety concerns.
Strong Future Growth Anticipated
The hospital linen supply and management services market is projected to continue its strong growth, reaching $17.42 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing healthcare expenditure, the expansion of pharmaceutical and biotechnology sectors, technological innovations, regulatory pressures, rising awareness of food safety, and the aftermath of the COVID-19 pandemic.
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Growth Driver Of The Hospital Linen Supply And Management Services Market
The increased incidence of hospital acquired infections is expected to propel the growth of the hospital linen supply and management services market going forward. Hospital-acquired infections (HAIs) are infections that patients acquire during the course of receiving healthcare treatment in a hospital or other healthcare facility that were not present or developing at the time of admission. Hospital-acquired infections are driven by a combination of factors, including the presence of infectious agents in healthcare settings, compromised patient immune systems, invasive procedures, antibiotic resistance, inadequate hand hygiene, overcrowding, and insufficient infection control measures. Hospital linen supply and management services play a crucial role in preventing hospital-acquired infections by ensuring the proper laundering, sterilization, and handling of linens to minimize contamination and pathogen transmission. Effective linen management reduces the risk of cross-contamination, contributing to a safer and more hygienic hospital environment.
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Major Players And Market Trends
Key players in the hospital linen supply and management services market include Elis SA, United Hospital Services, Alsco Inc., Angelica Corporation, Tokai Corp., ImageFIRST Healthcare Laundry Specialist, Mission Linen Supply.
Major companies operating in the hospital linen supply and management services market are focused on strategic partnerships to expand their distribution networks and reach a wider customer base. Partnerships with other companies or organizations can provide access to specialized expertise in areas such as infection control, laundry technology, and inventory management, enhancing the quality of service.
Segments:
1) By Product: Bed Sheet And Pillow Covers, Blanket, Bed Covers, Bathing And Cleaning Accessories, Patient Repositioner
2) By Material: Woven, Non-woven
3) By Service Provider: In-House, Contractual
4) By End-User: Hospital, Diagnostic Centers, Standalone Clinics
Geographical Insights: North America Leading The Market
North America was the largest region in the hospital linen supply and management services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hospital linen supply and management services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Hospital Linen Supply And Management Services Market Definition
Hospital linen supply and management services refer to the specialized services provided by companies that supply and manage linens, bedding, and other fabrics used in healthcare facilities. These services ensure that hospitals have a steady and sufficient supply of clean, high-quality linens.
Hospital Linen Supply And Management Services Global Market Report 20243 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Hospital Linen Supply And Management Services Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on hospital linen supply and management services market size, hospital linen supply and management services market drivers and trends, hospital linen supply and management services market major players, hospital linen supply and management services competitors' revenues, hospital linen supply and management services market positioning, and hospital linen supply and management services market growth across geographies. The hospital linen supply and management services market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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