Uniform and Linen Management System
Driven by the augmenting need for sophisticated and hygienic medical and healthcare facilities, the global market for linen supply and uniform management services is likely to witness a sturdy rise in the forthcoming years. The market, which stood at US$7.4 bn in 2015, is projected to expand at a CAGR of 2.40% between 2016 and 2024 and reach a value of US$9.1 bn by 2024.
In addition, the rise in the outsourcing of hospital linen supplies is likely to support the growth of this market significantly in the near future. The increasing addition of value added services to the portfolio of leading players is also expected to boost the market substantially over the years to come.
Asia Pacific is also projected to experience an upswing in the market for hospital linen supply and management services in the near future. The ongoing construction of a number of big healthcare institutes, hospitals, and clinics in Asian economies, such as China and India, is expected to act as the key driving force behind the growth of this regional market over the next few years.