According to IMARC Group’s new report, titled “Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the global medical textiles market size reached US$ 21.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Medical textiles refer to a group of technical textiles that are designed and used for medical and healthcare applications. These textiles are primarily used to support, protect, and provide comfort to patients and medical personnel in various medical settings. Medical textiles include products, such as bandages, dressings, surgical gowns, drapes, and hospital bed linens. These textiles are made from a variety of materials, including cotton, polyester, nylon, and other synthetic fibers. They are designed to be durable, comfortable, and easy to maintain.
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Medical Textiles Market Trends:
The rising demand for advanced wound care products represents a key factor driving the market growth across the globe. In line with this, the increasing prevalence of chronic diseases and the rising geriatric population are contributing to the growth of the market. Apart from this, the market is also driven by the expansion of the healthcare sector, especially in developing countries, and an enhanced focus on infection control measures in hospitals and other healthcare facilities. In addition to this, the rising use of disposable medical textiles, such as surgical gowns and drapes, is driving the market as these products help reduce the risk of infections and improve patient outcomes. Moreover, the development of new and innovative medical textile products, such as smart textiles that monitor vital signs and provide drug delivery, is creating a positive outlook for the market.
Medical Textiles Market 2023-2028 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 (2017-2022)
- Market Outlook (2023-2028)
- 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.
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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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