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Medical Textiles Market to grow by USD 6.0971 billion from 2022 to 2027 | Growing Demand For Non-woven Medical Textiles to boost the market growth- Technavio

NEW YORK , Sept. 5, 2023 /PRNewswire/ -- The medical textiles market is expected to grow by USD 6 .0971 billion from 2022 to 2027, progressing at a CAGR of 5.92% per the latest Technavio market research report. Growing demand for non-woven medical textiles is a key factor driving market growth.  A wide variety of products for patients and staff are manufactured from nonwoven medical textiles, such as Absorbent Pillows, Incontinence Products, or Uniforms. Fibers of either natural or synthetic origin are used as raw materials in producing nonwoven medical textiles. For example, Asahi Kasei Corp. announced that by setting up a plant in Thailand , the production capacities of nonwoven fabrics will be increased. Hence, the growing use of fibers in non-woven medical textiles will accelerate the demand for medical textiles during the forecast period. The report has been segmented by product (woven medical textiles, non-woven medical textiles, and knitted textiles), application (surgical, healthcare and hygiene products, and extracorporeal), and geography (APAC, Europe , North America , South America , and Middle East and Africa ). Discover insights on market size before buying the full report- Download the sample report

Medical Textiles Market: Segment Overview Electric Pad

This market research report segments the medical textiles market by product (woven medical textiles, non-woven medical textiles, and knitted textiles), and application (surgical, healthcare and hygiene products, and extracorporeal)

The market share growth of the woven medical textiles segment will be significant during the forecast period. Woven fabrics are made using two or more sets of interlaced yarns at a specific angle to one another; they are sold in clothing and shoes as well as decorations and covers. In addition, flexibility, low elongation, control porosity, and high tensile strength in both longitudinal and crosswise directions have been some of the advantages of woven medical textiles. Hence, these factors are expected to drive segment growth during the forecast period.

By geography, the market is segmented into APAC, Europe , North America , South America , and the Middle East and Africa .

APAC is estimated to contribute 43% to the growth of the global market during the forecast period. The development of several specific manufacturing industries in the field of healthcare equipment is driving growth in this region. Moreover, the market in the region is also driven by rising levels of industrialization and urbanization.

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Medical Textiles Market - Market Dynamics

Growing demand for nanofibers in the medical industry is a major trend in the market. Nanofibers, which are being used widely in the field of health care, form a major category of one-dimensional nanomaterials. In addition, nanofibers are manufactured using biocompatible or biodegradable materials with unique characteristics and functionalities, which can have considerable potential in medicine and healthcare. Besides, tissue engineering, wound healing, and delivery of medicines are among the most important uses of nanofibers within the medical sector. Hence, these factors are expected to drive market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in the Medical Textiles Market reports:

Company landscape and analysis including Ahlstrom Munksjo, Asahi Kasei Corp., ATEX Technologies Inc., Bally Ribbon Mills, Baltex, Cardinal Health Inc., Confluent Medical Technologies, FIBERWEB India LTD., First Quality Enterprises Inc., Gebruder Aurich GmbH, Getinge AB, Kimberly Clark Corp., KOB GmbH, PFNonwovens AS, Priontex, Schoeller Textil AG, Schouw and Co., TWE GmbH and Co. KG, Tytex AS, and Freudenberg SE

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The spunbond nonwoven market is estimated to grow at a CAGR of 7.87% between 2022 and 2027. The spunbond nonwoven market size is forecast to increase by USD 6,661.22 million.

The polypropylene nonwoven fabric market is estimated to grow by  USD 14,932.45 million between 2022 and 2027 accelerating at a CAGR of 7.3%.

Accelerate at a CAGR of 5.92%

APAC, Europe, North America, South America, and Middle East and Africa

US, China, India, Germany, and the UK

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Ahlstrom Munksjo, Asahi Kasei Corp., ATEX Technologies Inc., Bally Ribbon Mills, Baltex, Cardinal Health Inc., Confluent Medical Technologies, FIBERWEB India LTD., First Quality Enterprises Inc., Gebruder Aurich GmbH, Getinge AB, Kimberly Clark Corp., KOB GmbH, PFNonwovens AS, Priontex, Schoeller Textil AG, Schouw and Co., TWE GmbH and Co. KG, Tytex AS, and Freudenberg SE

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com

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