Healthcare

According to a new market report published by Lucintel, the future of the 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 5% from 2020 to 2025. The major growth drivers for this market are recent outbreaks of viruses such as influenza and COVID-19, increasing number of accidents and surgeries, rising prevalence of chronic diseases, and growing geriatric population.

Medical textile is a textile structure designed and produced for use in variety of medical applications such as masks, hospital bed covers, gloves, including implantable applications. In this market, non-woven, knitted, and woven are the major fabric type. 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.

Asahi Kasei, Cardinal Health, Freudenberg, Getinge, Kimberly-Clark, Schouw, ATEX Technologies, Bally Ribbon Mills, Vestagen Technical Textiles, and Bluestar Silicones are among the major suppliers in the global medical textile market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global medical textile market by fabric type, application, end use, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Medical Textile Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. 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]:

• 
  Implantable Textile
  
  
  
  • 
    Artificial Ligaments
  
  
  • 
    Vascular Grafts
  
  
  • 
    Extra Corporeal Device
  
  
  
  


• 
  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

 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.