North America Hospital Gowns Market Forecast 2023-2032
KEY FINDINGS
The North America hospital gowns market is predicted to register a 10.89% CAGR by 2032, and is anticipated to be valued at $5479.83 million during the estimated period, 2023-2032. The rising number of healthcare facilities and surgeries in the region propels the market growth.
MARKET INSIGHTS
The North America hospital gowns market growth evaluation entails an assessment of Canada and the United States. The hospital gowns market in Canada is expected to experience growth during the forecast period due to several factors, including an increase in the prevalence of chronic diseases. For instance, in 2021, 24,800 Canadians were diagnosed with colorectal cancer, accounting for 11% of all new cancer cases, according to the Canadian Digestive Health Foundation’s (CDHF) 2022 update.
Additionally, data from ‘Diabetes Canada’ released in March 2022 showed that the number of Canadians living with diabetes and prediabetes totaled 11.7 million in 2021. This condition can lead to cardiovascular diseases such as coronary artery disease and stroke, resulting in the need for hospitalization and hospital gowns.
Moreover, according to the Alzheimer’s Society, 5,69,600 Canadians were living with dementia in 2020, and this is projected to rise to 9,55,900 by 2030. As a result, the increasing incidence of chronic diseases and cancer cases in Canada is expected to drive the demand for hospital gowns as more patients are admitted to hospitals. Additionally, there has been a rise in the manufacture of hospital gowns to meet the growing requirements of the population.
COMPETITIVE INSIGHTS
Leading market players include Standard Textile Company Inc, PRIMED Medical Products, Medline Industries, etc.
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