Market revenue in 2022 | USD 245.7 million |
Market revenue in 2030 | USD 709.0 million |
Growth rate | 14.2% (CAGR from 2022 to 2030) |
Largest segment | Surgical gowns |
Fastest growing segment | Patient Gowns |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Surgical Gowns, Non-Surgical Gowns, Patient Gowns |
Key market players worldwide | Angelica Corp, Cardinal Health Inc, Standard Textile, Medline Industries, Aramark, 3M Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hospital gowns market will help companies and investors design strategic landscapes.
Surgical gowns was the largest segment with a revenue share of 46.28% in 2022. Horizon Databook has segmented the India hospital gowns market based on surgical gowns, non-surgical gowns, patient gowns covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of chronic diseases, such as cancer, diabetes, and other autoimmune diseases, is expected to boost the demand for hospital gowns in hospital settings. For instance, according to American Society of Clinical Oncology, one in 68 men will develop lung cancer, one in 29 women will develop breast cancer, and one in nine Indians will develop other types of cancer during their lifetime.
In addition, increasing number of surgical procedures performed in the country is expected to drive the market growth over the forecast period. Increasing number of surgeries and growing prevalence of chronic diseases are among factors boosting the number of hospital admissions, leading to increased demand for hospital gowns, this in turn is expected to drive the market growth.
Moreover, the government introduced national medical device policy to reduce dependence on imports, supporting Make in India initiative. Furthermore, it introduced new GST rate at 12.0%. New GST rate is expected to lower the cost of manufacturing, thereby benefitting local manufacturers in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the India hospital gowns market , including forecasts for subscribers. This country databook contains high-level insights into India hospital gowns market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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