The global hospital linen supply and management services market size is expected to reach USD 13.9 billion by 2027, expanding at a CAGR of 6.3%.
The increase in the prevalence of epidemics and pandemics, such as Ebola, COVID-19, and SARS, and rising awareness towards surgical site infections are the key factors driving the market.
Outsourcing of hospital linen supply and management services is preferred over in-house due to various advantages. Outsourcing is a convenient option for laundry of a large number of linen clothes. The majority of key players provide regular laundry service to healthcare facilities, which reduces the chances of contamination. This, in turn, is anticipated to drive the market over the forecast period.
Outsourcing helps healthcare facilities to focus on their core competencies, workers, and various materials required for laundry. In addition, it saves time and money for upgrading equipment. Moreover, in-house laundry requires a huge investment in installing and maintaining the laundry facility.
Therefore, an increase in the number of outsourced laundry services to the key players is boosting their revenue, which drives the market. Hospitals opt for outsourcing of linen supplies such as uniforms, gowns, bedsheets, pillow covers, towels, and medical apparel to maintain hygiene. This, in turn, is expected to drive the market over the forecast period.
Hospital Linen Supply and Management Services Market Report Highlights
In terms of revenue, the bedsheet and pillow covers segment held the largest revenue share in 2019. Increasing use of bedsheets and pillow covers in hospitals due to the outbreak of the pandemic across the globe is the major factor driving the segment
The non-woven segment held the largest revenue share in 2019 owing to the easy availability of raw materials and low cost
The diagnostic centers segment is anticipated to witness the fastest growth rate over the forecast period owing to the rising complications caused due to chronic disorders
The contractual segment is anticipated to witness the fastest growth rate over the forecast period owing to its gaining popularity due to an increase in the number of services pertaining to linen and rise in the number of beds and working professionals in hospitals
In Asia Pacific, the market is anticipated to witness the fastest growth rate over the forecast period owing to the rising number of surgeries and the presence of many local key players.
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Research Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary 4.1 Market Outlook 4.2 Segment Outlook 4.3 Competitive Insights 4.4 Market Snapshot
Chapter 5 Industry Outlook 5.1 Penetration & Growth Prospect Mapping 5.2 Market Dynamics 5.2.1 Market driver analysis 220.127.116.11 Increase in the number of surgical procedures 18.104.22.168 Value-added services by key players 22.214.171.124 Increase in outsourcing of hospital linen supplies & services 126.96.36.199 Rising incidence of Hospital Acquired Infections (HAIs) 188.8.131.52 Impact of COVID-19 outbreak 5.2.2 Market restraint analysis 184.108.40.206 Increasing demand for homecare services 220.127.116.11 High cost with a shortage of linen clothes 5.3 Hospital Linen Supply & Management Services Market Analysis Tools 5.3.1 SWOT Analysis, by PEST 5.3.2 Porter's five forces analysis