Report Id: SNS/C&M/1484 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Medical Textiles Market was estimated to be worth USD 26.80 billion. Between 2023 and 2030, the market is predicted to grow at a CAGR of 4.3% will reach USD 37.53 billion by 2030. The performance of hospital garments, clothing, and materials is evaluated through medical textile testing. During the projected period, the worldwide medical textile testing market is expected to rise rapidly. The medical textile testing market has grown globally due to increased demand for medical textile goods and the increasing relevance of safety and cleanliness in the medical textile sector. Other significant drivers driving the market's growth are technological advancements, strict quality and safety requirements in the medical textile industry, and rising healthcare expenditure. However, in developing and underdeveloped nations, there is a lack of awareness/ignorance regarding the necessity of medical textile safety and cleanliness, as well as high costs associated with medical product performance testing. However, in undeveloped and underdeveloped nations, lack of awareness/ ignorance about the importance of medical textile safety and hygiene, as well as the high cost of performance testing medical items, are impediments to market expansion.
The primary factor driving the worldwide Medical Textiles market growth is the rising improvements in the technological area of the electronic sector to minimise the size of components such as controllers, sensors, and batteries in order to enable an easy amalgamation of electronics with textile.
Another important driver driving demand for the Medical Textiles market is the rising tendency for advanced devices that provide numerous extra characteristics such as responding and sensing to environmental sources such as thermal, magnetic, chemical, mechanical and electrical.
The high cost of smart textiles is expected to stifle the worldwide Medical Textiles market's growth. Another factor limiting the growth of the global Medical Textiles market is compatibility concerns.
Compatibility concerns with various types of electrical systems and smart textiles are prevalent, posing hurdles for key market participants and making it tough for the global smart textile industry to maintain stable growth.
Because few fabrics are able to find applications in appeal for sports, fitness, and medical objectives, medical smart textile firms are providing potential for numerous industries. It can be used to track human body information such as heart rate, calories, body temperature, and a variety of other health issues of the person who is wearing the smart textile. Smart textile is widely utilised in armed forces to send crucial information to soldiers on the battlefield, and it is not restricted to sports and fitness.
Impact of Covid-19
The global pandemic has had an impact on a variety of businesses, and it is expected to have a long-term impact on the medical smart textile industry's growth over the forecast period. However, the rising number of cases of covid 19 around the world has boosted demand for medical smart textiles, which feature a sensor that detects physiological changes in the human body.
ATEX Technologies, Inc., Asahi Kasei Corporation, Bally Ribbon Mills, Freudenberg Group, Ahlstrom-Munksjö Oyj, Life Threads LLc, Schoeller Switzerland, Vista Medical Ltd, Sensoria Inc., Gentherm, Siren, Pireta, AiQ Smart Clothing, Camira Fabrics, Carre Technologies Inc, 3teks, and Others.
Operating Room Drapes
Hospital Bedding & Curtains
Healthcare & Hygiene Product
The global Medical Textiles market has been split into the Americas,Asia Pacific, Europe and the Middle East and Africa, according to the reports. Because of the substantial use of medical equipment in this region, America dominates the worldwide Medical Textiles market share. Furthermore, the applications utilised in medical engineering to monitor key health indicators are driving up demand for smart textile in this region. Due to increased government spending to develop the healthcare industry in this region, Europe represents the second-largest share of the Medical Textiles market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 26.80 Billion|
|Market Size by 2030||US$ 37.53 Billion|
|CAGR||CAGR of 4.3% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Product (Surgical Gowns, Operating Room Drapes, Face Masks, Sterilization Wraps, Staff Uniforms, Hospital Bedding & Curtains, Wipes, Other)
• By Type (Non-Woven, Woven, Knitted, Other)
• By Application (Implantable Goods, Non-Implantable Goods, Healthcare & Hygiene Product, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||ATEX Technologies, Inc., Asahi Kasei Corporation, Bally Ribbon Mills, Freudenberg Group, Ahlstrom-Munksjö Oyj, Life Threads LLc, Schoeller Switzerland, Vista Medical Ltd, Sensoria Inc., Gentherm, Siren, Pireta, AiQ Smart Clothing, Camira Fabrics, Carre Technologies Inc, 3teks, and Others.|
Frequently Asked Questions (FAQ) :
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: ATEX Technologies, Inc., Asahi Kasei Corporation, Bally Ribbon Mills, Freudenberg Group, Ahlstrom-Munksjö Oyj, Life Threads LLc, Schoeller Switzerland, Vista Medical Ltd, Sensoria Inc., Gentherm, Siren, Pireta, AiQ Smart Clothing, Camira Fabrics, Carre Technologies Inc and 3teks are the major Key players of Medical Textile Industry Market
Ans: The rising improvements in the technological area of the electronic sector are the Drivers for Medical Textile Industry Market.
Ans: In 2021, the worldwide medical textiles market was estimated to be worth USD 19.28 billion. Between 2021 and 2028, the market is predicted to increase at a CAGR of 6.1% reaching a value of about USD 29.19 billion.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Medical Textile Market Segment, By Product
8.1 Surgical Gowns
8.2 Operating Room Drapes
8.3 Face Masks
8.4 Sterilization Wraps
8.5 Staff Uniforms
8.6 Hospital Bedding & Curtains
9. Medical Textile Market Segment, By Type
10. Medical Textile Market Segment, By Application
10.1 Implantable Goods
10.2 Non-Implantable Goods
10.3 Healthcare & Hygiene Product
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 ATEX Technologies
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Asahi Kasei Corporation
12.3 Bally Ribbon Mills
12.4 Freudenberg Group
12.5 Ahlstrom-Munksjö Oyj
12.6 Life Threads LLc
12.7 Schoeller Switzerland
12.8 Vista Medical Ltd
12.9 Sensoria Inc.
12.12 AiQ Smart Clothing
12.12 Camira Fabrics
12.12 Carre Technologies Inc
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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