Medical Textiles Market by Product, Application, and Geogrphy - Forecast and Analysis 2023-2027

Medical Textiles Market Forecast 2023-2027

The Global Medical Textiles Market Size is estimated to grow by  USD 6.09 billion between 2022 and 2027 accelerating at a CAGR of 5.92%. Factors such as aging population, medical tourism, and rising health awareness are driving the growth of global healthcare spending, along with government initiatives for FDI and market expansion. The increasing healthcare spending in top countries like India, the US, China, the UK, and Brazil will also drive the demand for medical textiles during the forecast period.

According to CMS, healthcare spending is expected to grow at a high rate, contributing to the growth of the global medical textiles market. The significant CAGR of global healthcare spending during the forecast period will accelerate the demand for medical textiles in the healthcare industry. This report includes an in-depth analysis of drivers, trends, and challenges.

What will be the Size of the Global Medical Textiles Market During the Forecast Period?

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The market is witnessing remarkable growth fueled by various factors. With an aging population, there's an increasing demand for medical-grade textile products such as artificial tendons and ligaments used in orthopedic procedures like knee and joint replacements. Moreover, the surge in cardiovascular procedures and the need for implantable goods and personal protective equipment (PPE) are driving the market's expansion. This dynamic landscape presents significant opportunities for innovation and growth within the medical textiles industry.

Market Segmentation

In the product segment of the market, various textile products play pivotal roles in diverse medical procedures and treatments. For cardiovascular procedures and soft tissue implant closure procedures, medical textiles such as gauze and implants are essential components, aiding in the healing process and ensuring patient healthcare safety. In the context of chronic diseases like Alzheimer's disease, diabetes, heart disease, and stroke, medical textiles are instrumental in preventing infections and contamination during surgeries and treatment methods. These textiles enhance the effectiveness of procedures while raising awareness about patient healthcare safety among healthcare professionals and the chronic population. Overall, the market encompasses a wide range of textile solutions tailored to address the unique requirements of different medical procedures and chronic diseases, contributing to improved treatment outcomes and patient well-being.

Product  Analysis

The market share growth of the woven medical textiles segment will be significant during the forecast period. Woven fabrics are manufactured using two or more sets of yarn interlaced at right angles to each other; they are used in clothing and garments or for decoration and covering purposes. Woven fabrics are generally more durable, and the process of weaving them is based on thread density, crimp, and yarn count. Some of the benefits include flexibility, low elongation, controlled porosity, high tensile strength in both longitudinal and crosswise directions, etc. These above-mentioned factors will have a positive impact on segment growth.

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The woven medical textiles segment was valued at USD 6.47 billion in 2017 and continued to grow until 2021. These are usually used in products requiring extreme stability and high durability. For instance, a good-quality surgical gown must be manufactured using breathable fabric material that is light, comfortable, tough, and durable enough to withstand abrasion, ripping, and puncture. They are also used in healthcare and hygiene applications and for manufacturing surgical clothing and surgical covers. During the forecast period, the growing demand for healthcare and hygiene products for medical applications is expected to heighten the demand for medical textiles.

Geographical Analysis

APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The surging demand in APAC is attributable to the emergence of various discrete medical manufacturing equipment industries. In addition, increasing rates of industrialization and urbanization are boosting the market in the region. Some of the countries, such as China, India, Japan, and South Korea, are leading contributors to the market in APAC. The market in APAC is expected to grow at a moderate growth rate during the forecast period. Their indigenous production in China and South Korea and the fast penetration of such products in countries such as India, Malaysia, China, South Korea, and Japan are major growth drivers for the market in APAC. 

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Market Dynamics

The market is witnessing significant growth driven by the increasing demand for medical-grade textile products. These textiles play a crucial role in various healthcare services, including knee and joint replacement surgeries, orthopedic procedures, and cardiovascular interventions. With an aging population and rising prevalence of chronic diseases like Alzheimer's, diabetes, and heart disease, there's a heightened need for body enhancements such as artificial tendons and ligaments. Additionally, they are vital for patient healthcare safety, offering protection against infections and contamination during surgeries. As awareness grows, so does the adoption of advanced treatment methods, further propelling the market forward. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

The growing demand for non-woven medical textiles is the key market driver. The global market is expected to experience exponential growth due to various factors, including the unprecedented growth in the elderly population worldwide and changes in demographics and living standards. They are in high demand for wound control and hygiene, particularly among the expanding elderly population aged 65 and above. The global population aged 65 and above is projected to increase during the forecast period, further driving the demand for medical textiles such as natural and synthetic fibers. The APAC region, particularly India and China, with the largest population globally, is expected to accelerate the demand due to the growing aging population.

Market Trends

The growing demand for nanofibers in the medical industry is an emerging trend in the market. Nanofibers, a type of one-dimensional nanomaterial, have unique properties and functionalities that make them ideal for various medical applications. They are manufactured using biocompatible or biodegradable materials, which makes them suitable for the biomedical and healthcare sectors. Their high surface area and porosity make them superior to micro and macro counterparts made of the same materials. Nanofibers are used in tissue engineering, wound healing, and drug delivery. For instance, Asahi Kasei plans to mass-produce cellulose nanofiber, and Fibertex Nonwovens has already started mass-producing nanoproducts for the medical industry. In wound healing, nanofiber layers made from biopolymers such as chitosan and collagen are used as wound dressings. In tissue engineering, nanofiber materials made from biopolymers such as collagen and polycaprolactone are used as substrates for growing cells. The growing demand for nanofibers in the medical industry will have a positive impact on the global market.

Market Challenge

The fluctuating prices of crude oil is the major challenge hampering the market growth. The petroleum-based chemicals are the raw materials used to manufacture synthetic fibers such as polyester, polyamide, polyvinyl alcohol, and polyurethane urea (PUUR). Synthetic fibers are mainly polymers that are manufactured from crude oil. The fluctuations in crude oil prices have adversely affected the prices of these raw materials, which has affected the cost of synthetic fibers for the global market. The fluctuation in crude oil prices can have an adverse impact on the prices of synthetic fibers and their uses. Therefore, petroleum-based chemicals are expected to deal a severe blow to the global market in terms of growth. 

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Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. One of the major companies in the market include:

Freudenberg SE - The company offers medical textiles such as underwear and belts for hernia and ostomy, bra and compression garments for post-surgery, and horseshoes for hip protection. Under this segment, the company operates business groups such as Freudenberg Performance Materials, Freudenberg Filtration Technologies, and Japan Vilene Company. Under the specialty segment, the company operates business groups such as Freudenberg Chemical Specialties, Freudenberg Medical, Freudenberg Business Services, and Freudenberg Service.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market Companies, 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

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The global market is witnessing robust growth, driven by the increasing demand for healthcare services and medical-grade textile products. These products include medical textile-based implantable goods such as artificial tendons and ligaments, essential for knee and joint replacement surgeries. Various organizations are investing in the production of hospital beds and personal protective equipment (PPE) like N95 masks. Textile manufacturers are playing a vital role in the market's value chain, utilizing diverse materials such as natural fibers and biodegradable polymers to produce medical-grade textiles. Products range from face masks to sanitary napkins, highlighting a growing hygiene awareness. Advancements in textile technology are enhancing bacterial resistance and water vapor transmission capacity, particularly in the non-woven and knitted medical textiles product segments.

The market is witnessing significant growth due to advancements in body enhancements and the demand for medicinal textiles in various healthcare procedures. Orthopedic and cardiovascular procedures often utilize specialized textiles for implants and soft tissue closure. These textiles play a crucial role in chronic disease management, including Alzheimer's disease, diabetes, heart disease, and stroke. They aid in the healing process while ensuring patient healthcare safety by minimizing contamination. Gauze and other medical textiles are integral to treatment methods across a chronic population. As medical technology advances, the market continues to expand to meet the evolving needs of the healthcare industry.

The market is propelled by a variety of factors including the increasing demand for textiles in orthopedic procedures and soft tissue implant closure procedures. These textiles play a crucial role in managing chronic diseases and preventing infections. With continuous technological advancements, the market is witnessing the development of innovative yarns and non-biodegradable synthetic polymers. Medical textiles are widely used in the healthcare and hygiene segment, including medical bags, gowns, shoe covers, wipes, bedsheets, maternity pads, incontinence pads, drapes, and caps. The non-woven segment offers benefits such as air permeability and strength-to-weight ratio, facilitating the production of artificial blood vessels, hernia patches, and cell scaffolds to meet diverse medical needs.

Segment Overview

This market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Product Outlook 
  • Woven medical-textiles
  • Non-woven medical-textiles
  • Knitted textiles
• Application Outlook 
  • Surgical
  • Healthcare and hygiene products
  • Extracorporeal
• Region Outlook 
  • APAC
    • China
    • India
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • North America
    • The U.S.
    • Canada
  • South America
    • Brazil
    • Argentina
    • Chile
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

 

Market Scope
Report Coverage	Details
Page number	171
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.92%
Market growth 2023-2027	USD 6.09 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	5.66
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 43%
Key countries	US, China, India, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	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
Market dynamics	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, Market condition analysis for forecast period
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
• Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Market growth analysis across APAC, Europe, North America, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about Companies
• Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
• Company landscape comparing criticality of inputs and factors of differentiation
• Exclusive Matrix on company position and classification
• Market forecasting of factors that will challenge the growth of the market Companies

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