Global Medical Textile Market Growth 2023-2029

Global Medical Textile Market Growth 2023-2029

Medical Textiles are used in hygiene, health and personal care, as well as in surgical applications. These products include: wipes, baby and adult diapers, adult sanitary and incontinence products, as well as, medical and surgical products, such as operating gowns, operating drapes, sterilization packs, dressings, sutures and orthopedic pads.

LPI (LP Information)' newest research report, the “Medical Textile Industry Forecast” looks at past sales and reviews total world Medical Textile sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Textile sales for 2023 through 2029. With Medical Textile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Textile industry.

This Insight Report provides a comprehensive analysis of the global Medical Textile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Textile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Textile market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Textile and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Textile.

The global Medical Textile market size is projected to grow from US$ 14930 million in 2022 to US$ 18630 million in 2029; it is expected to grow at a CAGR of 18630 from 2023 to 2029.

Global Medical Textiles key players include 3M, Molnlycke, Dupont, Medtronic (Covidien), Johnson & Johnson, etc. Global top five manufacturers hold a share nearly 20%.

Europe is the largest market, with a share over 25%, followed by Asia (Ex. China), and North America, both have a share over 40 percent.

In terms of product, Non-woven Textile is the largest segment, with a share over 62%. And in terms of application, the largest application is Non-implantable Goods, followed by Implantable Goods, Healthcare and Hygiene Products, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Textile market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Non-woven Medical Textile
Knitted Medical Textile
Woven Medical Textile

Segmentation by application
Implantable Goods
Non-implantable Goods
Healthcare & Hygiene Products

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bally Ribbon Mills
Freudenberg
Vestagen Technical Textiles
Elkem Silicones
ATEX Technologies
Biomedical Structures
Winner Medical Group, Inc
Xiamen Yanjan New Material Co.,Ltd.
Hangzhou Nbond Nonwovens Co.,Ltd.
Xinlong Holding (Group) Company Ltd.
Zhende Medical Co., Ltd.
Allmed Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Textile market?

What factors are driving Medical Textile market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Textile market opportunities vary by end market size?

How does Medical Textile break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.