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