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Medical Textiles Market : change in the standard of living and demographics are also expected to enhance the market growth
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The burgeoning population is expected to be one of the primary drivers for the medical textile market. Furthermore, change in the standard of living and demographics are also expected to enhance the market growth. People are now practicing different methods of hygiene, using antiseptics for wound control among others Some of the restraining factors affecting the industry are high cost, lack of availability of raw materials, unawareness/ignorance of hygiene among people of developing nations.
Europe is one of the leading markets in the medical textile industry. U.K, France, Italy and Germany hold the larger segment of the market. North America follows Europe, while Asia Pacific is one of the emergent markets. Countries are now supporting and providing various schemes in order to promote the production and consumption of medical textile. One such scheme offered by the Govt. of India is the Technology Mission on Technical Textiles where the Govt. will be investing 200crs in this particular industry.
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Principal manufacturers in the medical textile industry are Kimberly-clark Corporation, Beiersdorf India Pvt. Ltd, Johnson & Johnson, Honeywell International, Imedex Biomateriaux, among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
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