Medical Textiles Market Share, Size, Growth and Industry Trends Till 2027

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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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

Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1568&flag=C

We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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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