23-Jul-2021 | Zion Market Research
The global Medical Textile Market accounted for USD 19242 Million in 2020 and is expected to reach USD 27726 Million by 2028, growing at a CAGR of 4.6% from 2021 to 2028.
The report covers forecast and analysis for the Medical Textile market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on volume and revenue (USD Billion). The study includes drivers and restraints for the Medical Textile along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Medical Textile market on a global level.
In order to give the users of this report a comprehensive view on the Medical Textile market, we have included a detailed segmentation of Medical Textile . To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the Medical Textile market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and material segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view on the Medical Textile market by segmenting the market based on fabric, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. Based on fabric, the global medical textile market is segmented as non-woven, woven, and knitted. Based on the end-use, the global market is segmented as Implantable textile, non-implantable textile, hygiene products, and healthcare products. Non-implantable materials include plaster, gauze, wadding, compression bandage, elastic bandage, wound dressing, and others. Implantable products such as artificial ligaments, vascular grafts, and the extracorporeal device can be used inside the human body. These textiles provide hygiene and protect their user against blood, urine, bodily fluids, saline, and other chemicals while surgery.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. These regions are further segmented into the U.S., UK, Germany, France, Japan, China, India, and Brazil.
Regionally, Europe dominates the medical textile market. This trend is followed by North America and is anticipated to continue the trend in the future. Asia-Pacific is expected to grow rapidly owing to government schemes, rising manufacturing units, and wide promotion of medical textile products in this region.
Major manufacturers in the medical textile market are Kimberly-Clark Corporation, Beiersdorf India Pvt. Ltd., Johnson & Johnson, Vestagen Technical Textiles Inc, Honeywell International, Imedex Biomateriaux, and Halyard Health. Other key players influencing the global medical textile market are Cardiva Integral Solutions, Bally Ribbon Mills, Freudenberg & Co. KG, Bluestar Silicones International, and Biomedical Structures.
Browse the full “Medical Textile Market By Fabric (Non-woven, Knitted, Woven), By Application (Implantable Textile, Non-Implantable Textile, Hygiene Products, And Healthcare Products): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/medical-textile-market
The global Medical Textile market is segmented as follows:
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