According to IMARC Group’s new report, titled "Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' The global medical textiles market size reached US$ 20.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027.
Medical textiles also referred to as healthcare textiles, represent the various materials used for first aid and clinical purposes. They consist of implantable and non-implantable materials, healthcare and hygiene products, and extracorporeal devices. Commonly utilized medical textiles include gauzes, wipes, prostheses, orthoses, bandages, breathing masks, bedding, and covers. The usage of these materials depends upon the degree of softness, absorption, flexibility, and filtering offered by the product. Textile-based products and implants substitute the need for using artificial ligaments, tissues, and joints in surgeries, thus improving the rehabilitation process and allowing faster recovery for the patient.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Medical Textiles Market Trends:
The escalating awareness of healthcare practices among the consumers is primarily driving the medical textiles market. Besides this, the elevating requirement for pressure garments and bandages, owing to the increasing instances of accidents caused by fires and chemicals and the prevalence of several chronic diseases, is further augmenting the market growth. Moreover, the rising consciousness in individuals towards the benefits of medical textiles and the extensive research and development (R&D) activities to launch enhanced and innovative variants are also catalyzing the global market. Apart from this, the growing diabetic and geriatric population that needs frequent and expansive medical attention is acting as another significant growth-inducing factor. Furthermore, the inflating demand for nanofibers manufactured using biocompatible and biodegradable materials that aid in tissue engineering, drug delivery, and wound healing is anticipated to propel the medical textiles market over the forecasted period.
Medical Textiles Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the medical textiles market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Asahi Kasei
- Cardinal Health
- Freudenberg
- Getinge
- KCWW
- Schouw
- ATEX Technologies Inc
- Bally Ribbon Mills
- Vestagen Technical Textiles Inc.
- Bluestar Silicones
- Biomedical Structures
- Medical Grade Innovations
- Strategic Partners
- Life Threads LLC, etc.
Key Market Segmentation:
Breakup by Product Type:
- Non-Woven
- Knitted
- Woven
- Others
Breakup by Application:
- Implantable Goods
- Non-Implantable Goods
- Healthcare & Hygiene Products
- Others
Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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According to the latest report by IMARC Group, titled “Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global medical textiles market exhibited moderate growth during 2015-2020.
Looking forward, IMARC Group expects the market to grow at a CAGR of 4.80% during 2021-2026.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Request Free Report Sample:https://www.imarcgroup.com/medical-textiles-market/requestsampleMedical textiles refer to versatile fibrous fabrics that are specifically designed for treating wounds and other medical conditions.
These fiber-based structures and products are used for providing the adequate condition required during a clinical process.
These products can be categorized as extracorporeal devices, implantable, non-implantable, and healthcare and hygiene textiles.A significant rise in the road and occupational accidents, surgeries, implants and the increasing prevalence of chronic diseases are primarily fueling the global medical textiles market growth.
Governments of various nations have started undertaking initiatives to promote non-implantable goods, which is further influencing the market growth positively.
According to IMARC Group’s recently published report titled “Global Medical Textiles Industry Market Size, Share, Growth, Opportunity and Forecast 2020-2025”, the market grew at a CAGR of 4.5% during 2014-2019.
Looking forward, the market is expected to continue its moderate growth during the next five years.Medical textiles, or healthcare textiles, refer to the products that are specially designed for implants, surgeries, clinical treatments and first aid procedures.
They aid in the absorption of bodily fluids and are non-toxic, non-allergenic, biocompatible, flexible and lightweight.
Bandages, gauzes, pressure garments, prosthetic socks, protective eye pads, orthopedic belts and breathing masks are the most common types of medical textiles available in the market.
Owing to the increasing prevalence of chronic diseases, there is a growing demand for various medical textile products to be utilized in surgeries and other medical procedures.
Furthermore, the increasing adoption rates of biocompatible nanofibers in tissue engineering, drug delivery and wound healing are also providing a boost to the market growth.
The Global Medical Textiles Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on raw material and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Medical Textiles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10388-medical-textiles-market-reportLeading Segment in this market:By Raw Material – NonwovenBy Application – Implantable GoodsBy Geography – EuropeThe report also covers the complete competitive landscape of the global Medical Textiles market with company profiles of key players such as:ATEX Technologies, Inc.Bally Ribbon MillsBiomedical Structures, Inc.Bluestar Silicones InternationalFreudenberg & Co. KGLife Threads LLCMedical Grade InnovationsProxy Biomedical Ltd.Strategic Partners, Inc.Vestagen Technical Textiles Inc.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Raw Material:NonwovenKnittedWovenOthersBy Applications:Implantable GoodsNon-Implantable GoodsHealthcare & Hygiene ProductsOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Medical Textiles Market @ https://www.decisiondatabases.com/contact/download-sample-10388The Global Medical Textiles Market has been exhibited in detail in the following chapters –Chapter 1 Medical Textiles Market PrefaceChapter 2 Executive SummaryChapter 3 Medical Textiles Industry AnalysisChapter 4 Medical Textiles Market Value Chain AnalysisChapter 5 Medical Textiles Market Analysis By Raw MaterialChapter 6 Medical Textiles Market Analysis By ApplicationsChapter 7 Medical Textiles Market Analysis By GeographyChapter 8 Competitive Landscape Of Medical Textiles CompaniesChapter 9 Company Profiles Of Medical Textiles IndustryPurchase the complete Global Medical Textiles Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10388Other Reports by DecisionDatabases.com:Global Reprocessed Medical Device Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Medical Videoscopes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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