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Medical Textiles Market Size, Share & Research Report 2022 to 2030

The global Medical Textiles market size is expected to be worth around US$ 30.2 billion by 2030, according to a new report by Vision Research Reports.

The global Medical Textiles market size was valued at US$ 26.70 billion in 2020 and is anticipated to grow at a CAGR of 5.5% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 30.2 Billion by 2030
Growth Rate CAGR of 5.5% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Atex Technologies, Inc.; Life-Threads; Careismatic Brands; Bally Ribbon Mills; Freudenberg & Co. KG; Trelleborg AB; Indorama Corporation; Herculite; PurThread Technologies, Inc.

Growth Factors

 The emergence of new areas of applications of medical textiles, along with the development of new fibers and manufacturing technologies for yarn and fabrics, is expected to bolster the market growth over the forecast period.

The growing use of medical textile-based implantable goods, such as artificial ligaments, tendons, and body part enhancements, is expected to drive the market. the burgeoning aging population globally is expected to boost the number of surgeries for knee and joint replacement, in turn, driving the usage of implantable goods, thereby driving the market.

By Product Analysis

The non-woven segment led the market and accounted for over 65.0% share of the global revenue in 2020 and is expected to witness the fastest growth over the forecast period.

Non-woven medical textiles have witnessed a spike in demand due to the global outbreak of the COVID-19 pandemic. The demand for personal protective equipment (PPE), such as face masks and gowns, has significantly increased to curb virus transmission.

The knitted medical textiles product segment is expected to expand at a revenue-based CAGR of 3.4% on account of the rising demand for the production of artificial blood vessels, cell scaffolds, hernia patches,

Knitting technology has been gaining popularity over the past few years owing to the ongoing research activities to manufacture high-tech medical textiles for making cell scaffolds in tissue engineering applications.

By Application Analysis

The healthcare and hygiene products segment led the market and accounted for over 45.0% share of the global revenue in 2020. The segment is also expected to witness the highest growth in the years to come.

The governments of several countries including the U.S., India, Brazil, the UAE, the U.K., Germany, and China have constructed new health facilities and expanded existing facilities for the treatment of COVID infected patients to increase the number of beds per 100,000 population.

The non-implantable goods segment is expected to register a revenue-based CAGR of 4.4% over the forecast period. The demand for non-implantable goods is expected to be driven by the growing number of surgeries globally as non-implantable goods protect wounds and stitches from the external environment.

Non-implantable goods are primarily used to reduce swelling, improve healing, reduce hemorrhage, restrict movement of the wound edges, provide pain relief, and keep intravenous cannula in place.

By Regional Analysis

Asia Pacific dominated the market and accounted for over 30.0% share of the overall revenue in 2020. This is attributed to an increase in the number of manufacturing facilities for non-woven fabrics in several countries, including China, Taiwan, South Korea, India, Japan, and Indonesia.

Several medical textile companies in the region have added production lines to increase their manufacturing capacities to cater to the growing demand for raw materials for the manufacturing of PPE products, such as face masks, and surgical gowns.

Europe is expected to exhibit a revenue-based CAGR of 4.2% from 2021 to 2030. This is attributed to the rise in the healthcare expenditure in 2020 in several countries, including Germany, the U.K., Spain, France, Italy, and Russia.

The growth in the number of cosmetic surgeries from 2020 to 2021 in several European nations, including Italy, Germany, the U.K., Russia, and Spain, is expected to create new growth opportunities for the market.

Key Players

  • Atex Technologies, Inc.
  • Life-Threads
  • Careismatic Brands
  • Bally Ribbon Mills
  • Freudenberg & Co. KG
  • Trelleborg AB
  • Indorama Corporation
  • Herculite
  • PurThread Technologies, Inc.
  • Fitesa
  • Schouw & Co.
  • Kimberly-Clark Corporation

Market Segmentation

  • By Product
    • Woven
    • Knitted
    • Non-woven
    • Others
  • By Application
    • Implantable Goods
    • Non-implantable Goods
    • Healthcare & Hygiene Products
    • Other Applications
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Medical Textiles Market, By Product

7.1.  Medical Textiles Market, by Product, 2021-2030

7.1.1.    Woven

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Knitted

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Non-woven

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Others

7.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Medical Textiles Market, By Application

8.1.  Medical Textiles Market, by Application, 2021-2030

8.1.1.    Implantable Goods

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Non-implantable Goods

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Healthcare & Hygiene Products

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Medical Textiles Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Atex Technologies, Inc.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Life-Threads

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Careismatic Brands

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Bally Ribbon Mills

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Freudenberg & Co. KG

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Trelleborg AB

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Indorama Corporation

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Herculite

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              PurThread Technologies, Inc.

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Fitesa

10.10.1.               Company Overview

10.10.2.               Product Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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