Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

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, also known as healthcare textiles, refer to various materials and products that are used for first aid and clinical purposes. They consist of healthcare and hygiene products, implantable and non-implantable materials and extracorporeal devices. Gauzes, bandages, wipes, prostheses, orthoses, breathing masks, and beddings and covers are some of the most commonly used medical textiles. The use of these textiles depends upon the degree of flexibility, softness, absorption and filtering offered by the product. Textile-based products and implants replace the need to use artificial tissues, ligaments and joints in surgeries, thus allowing faster recovery and improving the rehabilitation process for the patient. 

Global Medical Textiles Market Trends:

A thriving medical and healthcare industry, along with the rising awareness for healthcare practices among the consumers, is one of the key factors driving the market growth. With a continuously growing global population, there has been an increase in the instances of accidents caused by fires and chemicals as well as the prevalence of various diseases. This has resulted in an increasing demand for medical textiles such as medical tourism, pressure garments and bandages. Additionally, the growing diabetic and geriatric population that requires frequent and extensive medical attention is further propelling the growth of the market. Furthermore, increasing demand for nanofibers, which are manufactured using biocompatible and biodegradable materials, is also positively impacting the market as they extensively aid in tissue engineering, drug delivery and wound healing. Other factors contributing to the market growth include reduced healthcare costs, the rising awareness about the benefits of medical textiles and increasing research and development (R&D) to develop better and more advanced variants.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical textiles market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and application.

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

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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 and Life Threads LLC, etc.

IMARC Group’s latest report provides a deep insight into the global medical textiles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the medical textiles market in any manner.

Key Questions Answered in This Report:

What was the size of the global medical textiles market in 2022?
What is the expected growth rate of the global medical textiles market during 2023-2028?
What are the key factors driving the global medical textiles market?
What has been the impact of COVID-19 on the global medical textiles market?
What is the breakup of the global medical textiles market based on the product type?
What is the breakup of the global medical textiles market based on the application?
What are the key regions in the global medical textiles market?
Who are the key players/companies in the global medical textiles market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Textiles Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type 
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product Type 
6.1 Non-Woven 
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Knitted 
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Woven 
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others 
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application 
7.1 Implantable Goods 
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Implantable Goods 
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Healthcare & Hygiene Products 
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others 
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 Europe 
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 North America 
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific 
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10  Value Chain Analysis
11  Porter’s Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12  Price Analysis
13  Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Asahi Kasei 
13.3.2 Cardinal Health 
13.3.3 Freudenberg 
13.3.4 Getinge 
13.3.5 KCWW 
13.3.6 Schouw 
13.3.7 ATEX Technologies Inc.
13.3.8 Bally Ribbon Mills 
13.3.9 Vestagen Technical Textiles Inc. 
13.3.10 Bluestar Silicones 
13.3.11 Biomedical Structures 
13.3.12 Medical Grade Innovations 
13.3.13 Strategic Partners 
13.3.14 Life Threads LLC 

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