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Medical Textile Industry Market Report Scope & Overview:

The Medical Textile Industry Market Size was valued at USD 33.2 billion by the end of 2023 and is projected to reach USD 46.59 billion by 2031, with a growing healthy CAGR of 4.3% during the forecast period 2024-2031.

The medical textile market is growing due to the aging population with rising diabetes rates necessitating advanced solutions, Growing awareness of innovative wound care technologies further fuels this sector.  Additionally, the rise healthcare industry, increasing health consciousness among consumers, and the rising prevalence of conditions requiring wound management all contribute to demand.  Furthermore, medical textiles play a crucial role in treating injuries from accidents and managing chronic conditions in the growing geriatric and diabetic populations.  Innovation is key, with bio-compatible and biodegradable nanofiber solutions gaining traction for improved healing.  Finally, increased R&D efforts and a focus on cost-effective treatments through medical textiles open exciting avenues for future market expansion.

Medical-Textile-Industry-Market Revenue Analysis

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Market Dynamics

Drivers:

  • Growing focus on hygiene and infection control for better health.

  • Technological advancements in medical textile industry.

To adopt better health care people need to be aware on the rise of Chronic disease, and the government organizing campaigns to prioritize healthcare. This focus on preventive care and chronic disease management is expected to translate into more medical procedures, a boon for the medical textile market. For instance, in the US, the National Institute of Health's campaigns on diseases like Alzheimer's, diabetes, and heart disease are raising awareness and likely leading to increased demand for medical textiles used in surgeries, wound care, and other treatments.

Restraint:

  • Continuously changing foreign Currency affected the medical textile market.

  • Strict regulations regarding biocompatibility, sterility, and disposal of medical textiles.

The medical textiles market is crucial with specific functionalities (biodegradable sutures, absorbent swabs, comfortable bedding), ensuring their safety within the body is paramount. Biocompatibility, the textile's reaction with human tissue, becomes especially critical for implantable devices. Stricter regulations are in place for these internal applications compared to external devices. the British and European Standard BS EN 14065 outlines a system for maintaining cleanliness in processed linens used in areas requiring strict control over microbial contamination.  This standard, while crucial for hygiene, involves a continuous risk analysis and biocontamination control process, adding slightly higher costs and potentially hindering production scalability.

Opportunities:

  • Growing focus on hygiene after COVID 19  in the medical textile market.

The COVID-19 pandemic significantly hit, and the demand for hygiene products has increased in the medical textile market. Consumers prioritized hygiene practices to curb the spread, and healthcare facilities required an influx of protective gear for staff and patients. This included a rise in production of face masks, gowns, gloves, and caps.  Furthermore, the establishment of new PPE manufacturing facilities across regions like Asia Pacific, Europe, and Central & South America indicates the potential for sustained growth in the global medical textile market.

Challenges:

  • Maintaining quality and cost-effectiveness in the medical industry.

 The quality and affordability are a constant struggle for medical textile manufacturers. Fluctuating raw material costs, like cotton or polypropylene, can be unpredictable due to global events and harvests, reducing profit margins when maintaining quality standards. competition with low-cost producers, often in developing economies with lower labor costs or relaxed regulations, intensifies the pressure.  The manufacturers might be tempted to cut corners on materials or production processes, potentially jeopardizing the safety and efficacy of medical textiles.

Impact of Russia-Ukraine War:

The impact of the Russia-Ukraine War has slowed down the medical textile market, due to this restricted access to these materials, impacting manufacturers depend on these sources. Materials used for medical textiles, such as polypropylene used in non-woven fabrics and cotton in bandages and gauze. War has disrupted the flow of these materials, leading to potential shortages and price rises. disrupt the production of medical textiles in the region due to labor shortages, factory closures, and damaged infrastructure this increases the energy costs due to the conflict and could also impact production costs for medical textiles globally.

Impact of Economic Downturn:

The impact of the economic downturn has majorly affected the medical textile market which has lead to tightened budgets, including those allocated for healthcare. This can result in decreased demand for non-essential medical procedures and a potential decline in the use of certain medical textiles. Hospitals and other healthcare providers might be pressured to reduce costs, leading to reduce profit margins for medical textile manufacturers. This may lead to a slowdown in investments in research and development in the medical textile sector. This could decrease advancements in areas like innovative materials and more efficient production processes.  

Market Segmentation

By Type

  • Knitted

  • Non-Woven

  • Others

The non-woven sub-segment has led the medical textiles market, capturing a 48% share in 2023 by type. This dominance is projected to continue throughout the forecast period, driven by the unbeatable properties of non-woven fabrics. These champions offer a winning combination of high breathability, exceptional strength despite lightweight design, impressive resistance to bacteria, and excellent moisture transfer. the COVID-19 pandemic significantly raised the demand for non-woven medical textiles.

By Application

  • Woven

  • Implantable Goods

  • Non-Implantable Goods

  • Healthcare & Hygiene Product

  • Others

The healthcare and hygiene sub-segment is leading the medical textiles market, claiming a 45% share of global revenue in 2023 by application. This dominance is driven by a wide range of products, from face masks and medical gowns to wipes, bedsheets, and sanitary napkins. Public health programs are fostering a focus on hygiene and preventive care. Innovative materials are leading to developing more effective and comfortable healthcare products.

Medical-Textiles-Market-Segmentation-By-Appliaction

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Regional Analysis

The Asia Pacific region dominates in the medical textile market, holding a 38.6% revenue share in 2023, and is expected to maintain its growth. This dominance rises due to new manufacturing facilities across China, Japan, India, and other regional powerhouses. The rise of medical textile sector companies expanding production lines to meet the ever-increasing demand for PPE like face masks and gowns. Governments and industry leaders in India, Japan, and South Korea are further fueling growth by providing technological and financial support to accelerate production in this vital market.

Medical-Textiles-Market-By-Region

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players

The major key players listed in the medical textiles market are Atex Technologies, Inc., Kimberly-Clark Corp, Life-Threads, Schouw & Co., Careismatic Brands, Fitesa, Bally Ribbon Mills, PurThread Technologies, Inc., Freudenberg & Co. KG, Herculite, Trelleborg AB, Indorama Corporation, and other players.

Bally Ribbon Mills-Company Financial Analysis

Company Landscape Analysis

Recent Development

  • In April 23rd, 2024, ANDRITZ, a global technology leader, announced the successful launch of a new production line for Teknomelt, a Turkish nonwovens manufacturer. This innovative line utilizes ANDRITZ's wetlace CCP technology to create biodegradable, plastic-free wet wipes made from viscose and pulp.

  • In May 2nd, 2024, Suominen, a leader in nonwoven materials, announced an upgrade to their production line in Bethune, South Carolina. This investment aligns with their vision of becoming the top innovator in sustainable nonwovens, further strengthening their capabilities in eco-friendly products.

  • In November, 2023, Trelleborg a world leader in engineered polymer solutions, unveiled a game-changer  Dartex® Microclimate EcoPlus. This revolutionary polyurethane coated fabric pushes boundaries in the medical device and mattress cover industries.  

Medical Textiles Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 33.2 Billion
Market Size by 2031 US$ 46.59 Billion
CAGR CAGR of 4.3% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments
  • By Type (Non-Woven, Knitted, Other)
  • By Application (Implantable Goods, Non-Implantable Goods, Woven, Healthcare & Hygiene Product, Other applications)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Kimberly-Clark Corp., Atex Technologies, Inc., Life-Threads, Fitesa, Schouw & Co., Careismatic Brands, PurThread Technologies, Inc., Bally Ribbon Mills, Freudenberg & Co. KG, Trelleborg AB, Herculite, Indorama Corp. 

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The high cost of smart textiles are the restraints for antimicrobial plastics Market.

Ans: Kimberly-Clark Corp., Atex Technologies, Inc., Life-Threads, Fitesa, Schouw & Co., Careismatic Brands, PurThread Technologies, Inc., Bally Ribbon Mills, Freudenberg & Co. KG, Trelleborg AB, Herculite, Indorama Corp. are the key players of the market.

Ans: The rising improvements in the technological area of the electronic sector are the Drivers for Medical Textile Industry Market.

Ans: The Medical Textiles Market Size was valued at USD 33.60 billion by the end of 2023 and is projected to reach USD 47.42 billion by 2031, with a growing healthy CAGR of 4.4% during the forecast period 2024-2031.

Table of Contents

1. Introduction
1.1 Market Definition 
1.2 Scope
1.3 Research Assumptions

2. Industry Flowchart 

3. Research Methodology

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges

5. Impact Analysis
5.1 Impact Of Russia Ukraine War
5.2 Impact of Economic Slowdown 

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8.  Pest Analysis

9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa

10. Medical Textiles Market Segmentation, By Type
10.1 Introduction
10.2 Trend Analysis
10.3 Knitted
10.4 Non-Woven
10.5 Others

11. Medical Textiles Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Woven
11.4 Implantable Goods
11.5 Non-Implantable Goods
11.6 Healthcare & Hygiene Product
11.7 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Medical Textiles Market by Country
12.2.3 North America Medical Textiles Market By Type
12.2.4 North America Medical Textiles Market By Application
12.2.5 USA
12.2.5.1 USA Medical Textiles Market By Type
12.2.5.2 USA Medical Textiles Market By Application
12.2.6 Canada
12.2.6.1 Canada Medical Textiles Market By Type
12.2.6.2 Canada Medical Textiles Market By Application
12.2.7 Mexico
12.2.7.1 Mexico Medical Textiles Market By Type
12.2.7.2 Mexico Medical Textiles Market By Application
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Medical Textiles Market by Country
12.3.2.2 Eastern Europe Medical Textiles Market By Type
12.3.2.3 Eastern Europe Medical Textiles Market By Application
12.3.2.4 Poland
12.3.2.4.1 Poland Medical Textiles Market By Type
12.3.2.4.2 Poland Medical Textiles Market By Application
12.3.2.5 Romania
12.3.2.5.1 Romania Medical Textiles Market By Type
12.3.2.5.2 Romania Medical Textiles Market By Application
12.3.2.6 Hungary
12.3.2.6.1 Hungary Medical Textiles Market By Type
12.3.2.6.2 Hungary Medical Textiles Market By Application
12.3.2.7 Turkey
12.3.2.7.1 Turkey Medical Textiles Market By Type
12.3.2.7.2 Turkey Medical Textiles Market By Application
12.3.2.8 Rest of Eastern Europe
12.3.2.8.1 Rest of Eastern Europe Medical Textiles Market By Type
12.3.2.8.2 Rest of Eastern Europe Medical Textiles Market By Application
12.3.3 Western Europe
12.3.3.1 Western Europe Medical Textiles Market by Country
12.3.3.2 Western Europe Medical Textiles Market By Type
12.3.3.3 Western Europe Medical Textiles Market By Application
12.3.3.4 Germany
12.3.3.4.1 Germany Medical Textiles Market By Type
12.3.3.4.2 Germany Medical Textiles Market By Application
12.3.3.5 France
12.3.3.5.1 France Medical Textiles Market By Type
12.3.3.5.2 France Medical Textiles Market By Application
12.3.3.6 UK
12.3.3.6.1 UK Medical Textiles Market By Type
12.3.3.6.2 UK Medical Textiles Market By Application
12.3.3.7 Italy
12.3.3.7.1 Italy Medical Textiles Market By Type
12.3.3.7.2 Italy Medical Textiles Market By Application
12.3.3.8 Spain
12.3.3.8.1 Spain Medical Textiles Market By Type
12.3.3.8.2 Spain Medical Textiles Market By Application
12.3.3.9 Netherlands
12.3.3.9.1 Netherlands Medical Textiles Market By Type
12.3.3.9.2 Netherlands Medical Textiles Market By Application
12.3.3.10 Switzerland
12.3.3.10.1 Switzerland Medical Textiles Market By Type
12.3.3.10.2 Switzerland Medical Textiles Market By Application
12.3.3.11 Austria
12.3.3.11.1 Austria Medical Textiles Market By Type
12.3.3.11.2 Austria Medical Textiles Market By Application
12.3.3.12 Rest of Western Europe
12.3.3.12.1 Rest of Western Europe Medical Textiles Market By Type
12.3.2.12.2 Rest of Western Europe Medical Textiles Market By Application
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia Pacific Medical Textiles Market by Country
12.4.3 Asia Pacific Medical Textiles Market By Type
12.4.4 Asia Pacific Medical Textiles Market By Application
12.4.5 China
12.4.5.1 China Medical Textiles Market By Type
12.4.5.2 China Medical Textiles Market By Application
12.4.6 India
12.4.6.1 India Medical Textiles Market By Type
12.4.6.2 India Medical Textiles Market By Application
12.4.7 Japan
12.4.7.1 Japan Medical Textiles Market By Type
12.4.7.2 Japan Medical Textiles Market By Application
12.4.8 South Korea
12.4.8.1 South Korea Medical Textiles Market By Type
12.4.8.2 South Korea Medical Textiles Market By Application
12.4.9 Vietnam
12.4.9.1 Vietnam Medical Textiles Market By Type
12.4.9.2 Vietnam Medical Textiles Market By Application
12.4.10 Singapore
12.4.10.1 Singapore Medical Textiles Market By Type
12.4.10.2 Singapore Medical Textiles Market By Application
12.4.11 Australia
12.4.11.1 Australia Medical Textiles Market By Type
12.4.11.2 Australia Medical Textiles Market By Application
12.4.12 Rest of Asia-Pacific
12.4.12.1 Rest of Asia-Pacific Medical Textiles Market By Type
12.4.12.2 Rest of Asia-Pacific Medical Textiles Market By Application
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Medical Textiles Market by Country
12.5.2.2 Middle East Medical Textiles Market By Type
12.5.2.3 Middle East Medical Textiles Market By Application
12.5.2.4 UAE
12.5.2.4.1 UAE Medical Textiles Market By Type
12.5.2.4.2 UAE Medical Textiles Market By Application
12.5.2.5 Egypt
12.5.2.5.1 Egypt Medical Textiles Market By Type
12.5.2.5.2 Egypt Medical Textiles Market By Application
12.5.2.6 Saudi Arabia
12.5.2.6.1 Saudi Arabia Medical Textiles Market By Type
12.5.2.6.2 Saudi Arabia Medical Textiles Market By Application
12.5.2.7 Qatar
12.5.2.7.1 Qatar Medical Textiles Market By Type
12.5.2.7.2 Qatar Medical Textiles Market By Application
12.5.2.8 Rest of Middle East
12.5.2.8.1 Rest of Middle East Medical Textiles Market By Type
12.5.2.8.2 Rest of Middle East Medical Textiles Market By Application
12.5.3 Africa
12.5.3.1 Africa Medical Textiles Market by Country
12.5.3.2 Africa Medical Textiles Market By Type
12.5.3.3 Africa Medical Textiles Market By Application
12.5.3.4 Nigeria
12.5.3.4.1 Nigeria Medical Textiles Market By Type
12.5.3.4.2 Nigeria Medical Textiles Market By Application
12.5.3.5 South Africa
12.5.3.5.1 South Africa Medical Textiles Market By Type
12.5.3.5.2 South Africa Medical Textiles Market By Application
12.5.3.6 Rest of Africa
12.5.3.6.1 Rest of Africa Medical Textiles Market By Type
12.5.3.6.2 Rest of Africa Medical Textiles Market By Application
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Medical Textiles Market by Country
12.6.3 Latin America Medical Textiles Market By Type
12.6.4 Latin America Medical Textiles Market By Application
12.6.5 Brazil
12.6.5.1 Brazil Medical Textiles Market By Type
12.6.5.2 Brazil Medical Textiles Market By Application
12.6.6 Argentina
12.6.6.1 Argentina Medical Textiles Market By Type
12.6.6.2 Argentina Medical Textiles Market By Application
12.6.7 Colombia
12.6.7.1 Colombia Medical Textiles Market By Type
12.6.7.2 Colombia Medical Textiles Market By Application
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Medical Textiles Market By Type
12.6.8.2 Rest of Latin America Medical Textiles Market By Application

13. Company Profiles
13.1  Atex Technologies, Inc.
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Life-Threads
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Careismatic Brands
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Bally Ribbon Mills
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Freudenberg & Co. KG
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Trelleborg AB
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Indorama Corporation
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Herculite
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 PurThread Technologies, Inc.
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Fitesa
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
    14.3.2 Company News
    14.3.3 Mergers & Acquisitions
    
15. USE Cases And Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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