Medical Textiles Market

The global Medical Textiles market was valued at 117.28 Million USD in 2021 and will grow with a CAGR of 5.12% from 2021 to 2027, based on Research newly published report.

The prime objective of Medical Textiles Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Medical Textiles Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. In the last several years, global market of medical textiles developed stably, with an average growth rate of 8%. In 2015, the global production of medical textiles reached 3258 K MT. With developed manufacturing technology and low labor cost, China is the largest supplier, with the production market share over 32% in 2015, and other Asian regions also accounted for over 34% market share globally. Europe accounted for over 34% of market size in 2015. The market is developed in Europe due to the mature healthcare sector, growing consumer demand for improved healthcare facilities. North America is the second largest regional segment accounting for over 29% of the global market volume in 2015. Meanwhile, China and other Asia regions demand is projected to witness a high growth rate of over 10% due to increasing penetration of disposable baby diapers and feminine hygiene products. Non-woven textile dominated the global medical textiles market, accounting for over 57% of global volume in 2015. This segment is projected to gain market share over the forecast period, due to high performance characteristics such as easy disposability, cost-effectiveness and reduced danger of cross-contamination. Healthcare & hygiene products and non-implantable goods application segments together accounted for a share of nearly 60% in 2015. Healthcare and hygiene products are rapidly gaining popularity in the developing regions including Asia Pacific, Latin America, and the Middle East due to rising healthcare infrastructure.

By Market Verdors:

• Medtronic (Covidien)
• Johnson & Johnson
• 3M
• BSN medical
• Smith & Nephew
• Molnlycke
• Medline
• Dupont
• Cardinal Health
• B. Braun
• Allmed Medical
• Ahlstrom
• Winner Medical
• Lohmann & Rauscher
• JianErKang
• Hakuzo
• KOB
• TWE Group
• Zhende Medical
• Vilene
• Medpride
• Techtex

By Types:

• Non-woven Fabric
• Woven Fabric
• Knitted Fabrics

By Applications:

• Implantable Goods
• Non-implantable Goods
• Healthcare & Hygiene Products

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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