Report Feature
The future of the global medical textile market looks promising with opportunities in the hospitals and clinics. The global medical textile market is expected to grow with a CAGR of 4%-6% from 2020 to 2025. The major growth drivers for this market are recent outbreak of viruses such as influenza and Covid-19, increasing number of accidents and surgeries, rising prevalence of chronic diseases, and growing geriatric population.
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In this market, non-woven is the largest fabric type segment of medical textile, whereas development of implantable textile is the largest application. Growth in various segments of the medical textile market are given below:
The study includes trends and forecast for the global medical textile market by fabric type, application, end use, and region as follows:
By Fabric Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Non-Woven
Knitted
Woven
Others
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
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Implantable Textile
- Artificial Ligaments
- Vascular Grafts
- Extra Corporeal Device
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Non Implantable Textile
- Plaster
- Gauze
- Wadding
- Compression Bandage
- Elastic Bandage
- Wound Dressing
- Others
- Hygiene Products
- Healthcare Products
By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:
Hospitals
Clinics and Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Asia Pacific
China
India
Japan
The Rest of the World
Brazil
Some of the medical textile companies profiled in this report include Asahi Kasei, Cardinal Health, Freudenberg, Getinge, Kimberly-Clark, Schouw, ATEX Technologies, Bally Ribbon Mills, Vestagen Technical Textiles, and Bluestar Silicones.
Lucintel forecasts that non-woven will remain the largest fabric over the forecast period due to low cost and easy disposability.
Within this market, implantable textile will remain the largest segment by application over the forecast period due to rising prevalence of chronic diseases such as coronary heart diseases, cholesterol, and hypertension.
North America will remain the largest region over the forecast period due to rising prevalence of chronic diseases, increasing awareness related to new technologies for wound care, and growing geriatric population in the region.
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Features of the Global Medical Textile Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global medical textile market by fabric type (non-woven, knitted, woven, and others), application (implantable textile (artificial ligaments, vascular grafts, and extra corporeal device), non-implantable textile (plaster, gauze, wadding, compression bandage, elastic bandage, wound dressing, and others), hygiene products, and healthcare products), end use (hospitals and clinics & others), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global medical textile market? Q.5 What are the business risks and threats to the global medical textile market? Q.6 What are the emerging trends in this medical textile market and the reasons behind them? Q.7 What are some changing demands of customers in this medical textile market? Q.8 What are the new developments in this medical textile market? Which companies are leading these developments? Q.9 Who are the major players in this medical textile market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this medical textile market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global medical textile market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Fabric Type (Non-Woven, Knitted, Woven, and Others), Application (Implantable Textile, Non-Implantable Textile, Hygiene Products, and Healthcare Products), and End Use (Hospitals and Clinics & Others) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (United Kingdom, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Medical Textile Market
4.1 Global Medical Textile Market by Region
4.2.1 Market by Fabric Type: Non-Woven, Knitted, Woven, and Others
4.2.2 Market by Application: Implantable Textile, Non Implantable Textile, Hygine Products, and Healthcare Products
4.2.3 Market by End Use:Hospitals and Clinics and Others
4.2.4 The United States Medical Textile Market
4.2.5 The Canadian Medical Textile Market
4.2.6 The Mexican Medical Textile Market
4.3.1 Market by Fabric Type: Non-Woven, Knitted, Woven, and Others
4.3.2 Market by Application: Implantable Textile, Non Implantable Textile, Hygine Products, and Healthcare Products
4.3.3 Market by End Use:Hospitals and Clinics and Others
4.3.4 The Medical Textile Market of United Kingdom
4.3.5 The German Medical Textile Market
4.3.6 The French Medical Textile Market
4.4.1 Market by Fabric Type: Non-Woven, Knitted, Woven, and Others.
4.4.2 Market by Application: Implantable Textile, Non Implantable Textile, Hygine Products, and Healthcare Products
4.4.3 Market by End Use:Hospitals and Clinics and Others
4.4.4 Chinese Medical Textile Market
4.4.5 The Indian Medical Textile Market
4.4.6 The Japanese Medical Textile Market
7.1.1 Growth Opportunities for the Global Medical Textile Market by Fabric Type
7.1.2 Growth Opportunities for the Global Medical Textile Market by Application
7.1.3 Growth Opportunities for the Global Medical Textile Market by End Use
7.1.4 Growth Opportunities for the Global Medical Textile Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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