The global hospital linen supply and management services market is expected to reach $21.3 million by 2030, according to a report by Research and Markets. The increase in the prevalence of epidemics and pandemics, such as Ebola, COVID-19 and SARS along with the rising awareness regarding surgical site infection, are the key factors driving the hospital linen supply and management services market.
Outsourcing of hospital linen supplies and services is preferred over in-house due to various advantages associated with it. Outsourcing is a convenient option for laundry of a large number of linen clothes. Value-added services provided by the majority of the key players include laundry services.
Outsourcing hospital linen supplies and services boosts the revenue of these companies, increasing their industry share. Outsourcing also helps healthcare facilities to focus on their core competencies, and save time and money for upgrading equipment, workers and materials required for laundry.
In-house laundry also requires a large investment for installing and maintaining the laundry facility. An increase in the number of outsourced laundry services to the key players to boost their revenue.
In addition, hospitals are opting for outsourced linen supplies, such as uniforms, gowns, bedsheets, pillow covers, towels and medical apparel, which is strengthening the position of the companies in the market. Outsourcing of hospital linen supplies and services is supporting the business expansion over the forecast period.
Hospital linen supply and management services market report highlights:
- In terms of revenue, the bed sheet and pillow covers segment held the largest share in 2021. The increase in their usage due to the outbreak of the pandemic across the globe is the major factor driving the segment growth over the forecast period.
- Non-woven segment held the largest market share in 2021 due to the easy availability of raw materials and low cost.
- The diagnostic center's segment is anticipated to witness the fastest growth rate over the forecast period due to the rising complications caused due to chronic disorders.
- The contractual segment is anticipated to witness the fastest growth rate over the forecast period because of its gaining popularity due to an increase in the number of services pertaining to linen and a rise in the number of hospitals, beds, & working professionals.