According to IMARC Group’s new report, titled "Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.' the study provides a detailed analysis of the industry, including the global medical textiles market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Medical Textiles Market?
The global medical textiles market size reached US$ 22.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 31.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
What is Medical Textiles?
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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What are the growth prospects and trends in the medical textiles industry?
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.
Who are the key players operating in the industry?
The report covers the major market players including:
- 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.
What is included in market segmentation?
The report has segmented the market into the following categories:
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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