PUBLISHER: Grand View Research | PRODUCT CODE: 1301104
PUBLISHER: Grand View Research | PRODUCT CODE: 1301104
The global hospital linen supply and management services market size is expected to reach USD 21.3 billion by 2030, registering a CAGR of 9.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. 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 & 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. Therefore, outsourcing hospital linen supplies & services boost the revenue of these companies, thus increasing their industry share. Outsourcing helps healthcare facilities to focus on their core competencies, and save time & money for upgrading equipment and workers and various materials required for laundry. Moreover, in-house laundry requires a huge investment for installing and maintaining the laundry facility. Therefore, 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. Thus, outsourcing of hospital linen supplies and services is supporting the business expansion over the forecast period.