Medical Textiles Market 2030: Transforming Surgical Procedures with Smart Fabrics

Medical Textiles Market Growth & Trends

The global medical textiles market size is expected to reach USD 48.04 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to grow at a CAGR of 4.3% from 2023 to 2030. 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 drive market growth over the forecast period. Medical textiles play a crucial role in the healthcare sector, in various areas, such as hygiene maintenance, infection control, and life-saving interventions for critically-ill patients. The global demand for medical textiles is increasing due to factors, such as an aging population, increased accidents, and lifestyle diseases. In addition, government initiatives, growing hygiene awareness, medical tourism, and advancements in textile technology are fueling the growth of the medical textiles industry.

Gather more insights about the market drivers, restrains and growth of the Medical Textiles Market

China Medical Textiles market size and growth rate, 2023 - 2030

The COVID-19 outbreak lead to an exponential increase in the demand for medical textiles, especially nonwoven fabrics, which are used in the production of face masks, gowns, and other PPE products. Moreover, nonwoven fabrics witness higher growth owing to their vapor transmission capacity, higher bacterial resistance, and higher strength compared to other fabrics. To maintain a competitive edge, key players in the medical textiles industry are implementing strategic initiatives. For instance, in August 2020, Duvaltex, a notable North American company specializing in medical and technical textiles, expanded its production capacity. The company focused on providing high-quality Level 1 and Level 2 gowns and antimicrobial scrub textiles to healthcare workers and patients in the U.S. Furthermore, Duvaltex's textiles are made from durable, breathable, and soft-touch engineered fabrics, complying with stringent quality standards to ensure optimal protection against the transfer of microorganisms, body fluids, and particulate matter.

Medical Textiles Market Report Highlights

  • Based on the application, the health and hygiene segment dominated the industry in 2022 with a significant revenue share of 43.15%. This can be attributed to government programs, hygiene awareness, and advancements in textile technology
  • Based on the type, the non-woven segment led the market, capturing the largest revenue share of 45.91% in 2022. Its superior properties, such as air permeability, strength-to-weight ratio, bacterial resistance, and water vapor transmission capacity contributed to its market dominance
  • In terms of region, Asia Pacific held the largest revenue share of 35.46% in 2022. This growth was driven by the expansion of non-woven fabric manufacturing facilities in countries like India, China, and Japan

Medical Textiles Market Segmentation

Grand View Research has segmented the global medical textiles market based on application, type, and region:

Medical Textiles Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Implantable Goods
  • Non-Implantable Goods
  • Health and Hygiene Applications
  • Other Applications

Medical Textiles Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Woven
  • Knitted
  • Non-Woven
  • Others

Medical Textiles Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

Order a free sample PDF of the Medical Textiles Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

India Electric Vehicle Market Competitive Landscape Report to 2028

Image
India Electric Vehicle Industry Overview The India electric vehicle market size was valued at USD 220.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 94.4% from 2021 to 2030. The attractive incentives being offered by the Indian government on the production and purchase of electric vehicles to encourage the adoption of electric vehicles are anticipated to drive the growth of the market over the forecast period. The outbreak of the COVID-19 pandemic triggered a significant decline in the overall sales of passenger and commercial vehicles in 2020. However, the sales of electric vehicles in India remained unaffected. The post-lockdown sale of pure and hybrid electric vehicles is a prominent driving factor for the electric vehicle market in India. The stringent GreenHouse gas (GHG) emission norms drafted by the government, such as the Bharat Stage (BS) VI emission standards introduced by India’s Ministry of Road Transport and Highways (MoRTH), ...
Read more

Cyber Security Market 2030 - Advanced Solutions for Modern Businesses

Image
Data breaches, malware, and hacking attempts are all too common, forcing businesses and individuals to prioritize cybersecurity market  trends. The internet has become an essential part of our lives, and with it comes the ever-present threat of cyberattacks. Within the struggles of integrity, privacy, and trust, the domain of cybersecurity thrives with firewalls, encryption keys, and neural networks that safeguard our interconnected existence. The Market Landscape This blog explains the core of the cybersecurity market, examining its growth, challenges, and the valiant defenders who shield the virtual world. Numbers Beyond 0 & 1: The global cyber security market is no mere niche; it’s a thriving ecosystem fueled by relentless innovation and escalating threats. According to recent reports, here are the key figures: In 2023, the market was estimated at a staggering  USD 222.66 billion , growing at a projected compound annual growth rate of 12.3% from 2024 t...
Read more

LiDAR Market Historical Data & Forecasts 2030

Image
LiDAR Industry Overview The global LiDAR market size was valued at USD 1.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. The technological advancements in spatial resolution of LiDAR-based digital terrain models are providing better accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways. The growth of the market is attributed to the rising automation in LiDAR to reduce human efforts and increase efficiency. Gather more insights about the market drivers, restrains and growth of the Global LiDAR Market   The rising demand for 3D imagery in application areas such as military & defense, topographical surveys, civil engineering, and corridor mapping is expected to drive the market growth over the forecast period. Textured 3D imagery is applied in applications such as 3D mapping, city planning, and corridor mapping. The installation of advan...
Read more