Global Biomedical Textiles Market

Biomedical Textiles Market Size, Share, Growth Analysis, By Fiber(Non-biodegradable fiber, Biodegradable fiber, and Others), By Fabric(Woven, Non-woven, and Others), By Application(Implantable, Non-implantable, and Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15A2431 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 90 | Figures: 68

Biomedical Textiles Market Insights

Global Biomedical Textiles Market size was valued at USD 32.20 billion in 2022 and is poised to grow from USD 33.58 billion in 2023 to USD 47.03 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).

Increasing awareness of improved healthcare facilities and effective medicine is driving the demand for medically appropriate clothing. Market growth continues to be driven by the increasing use of medical dressings including artificial dentition, body augmentation and dental implants. Growing geriatric population is expected will also contribute to the market expansion across the globe, as it increases the number of knee joint replacement surgeries, driving the demand for implants, and fuel market growth.

Increasing demand for wound care products such as plasters, gauze and orthopedic implants will act as a key factor to accelerate the growth of the global biomedical textiles market. Another important consequence of market expansion is the increasing elderly population. Also, increasing number of surgeries and high quality pharmaceutical textiles are the major factors driving the market growth. Similarly, increase in the number of chronic problems and accidents and rapid urbanization will show a positive impact on market growth. Increasing healthcare costs in developing countries, changing lifestyles and increasing disposable income will impact the growth of global biomedical textiles market.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Biomedical Textiles Market size was valued at USD 32.20 billion in 2022 and is poised to grow from USD 33.58 billion in 2023 to USD 47.03 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).

The competitive environment of the Biomedical Textiles market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. '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 Corp.'

Biomedical garments have been increasingly used by surgeons and physicians as a way to replace and support damaged body parts. Biomedical textiles find applications in other synthetic tissues, fibers and grafts. Synthetic fabric implants are used as artificial arteries or vessels inserted into the heart to replace the first artery or artery that is blocked or weakened by muscle or replacing the 6 mm to 1 cm grafts. Pharmaceutical textiles are also used in a variety of orthopedic procedures, such as sutures, joint and tendon grafts, reconstructive devices, and spinal dressings.

With increasing healthcare budgets, increasing healthcare literacy, and increasing healthcare costs, the growing healthcare industry is likely to provide a portfolio of biopharmaceuticals the business has grown during the forecast period. The increasing incidence of accidents, lifestyle diseases and common infectious diseases calls for technological innovation to facilitate medical procedures and, it is expected to market great results for biomedical textiles manufacturers in the healthcare industry.

North America is expected to dominate the market, owing to the highly developed healthcare sector in the US, and the continued investment in this sector to develop the medical technology sector over the years. Moreover, with increasing obesity issues in the country, various diseases affecting the population, and various therapeutic needs in the country, textiles for pharmaceutical a the demand for applications is increasing.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Biomedical Textiles Market

Report ID: SQMIG15A2431

$5,300
BUY NOW GET FREE SAMPLE