Press release
Global Medical Textiles Market is valued at 12200 million US$ in 2018 and to reach 18500 million US$ at a CAGR of 5.3% by 2025| Valuates Reports
The Global Medical Textiles market is valued at 12200 million US$ in 2018 and will reach 18500 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.Medical Textiles are used in hygiene, health and personal care, as well as in surgical applications. These products include: wipes, baby and adult diapers, adult sanitary and incontinence products, as well as, medical and surgical products, such as operating gowns, operating drapes, sterilization packs, dressings, sutures and orthopedic pads.
The objectives of this study are to define, segment, and project the size of the Medical Textiles market based on company, product type, end user and key regions.
This report studies the global market size of Medical Textiles in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Medical Textiles in these regions.
This research report categorizes the global Medical Textiles market by top players/brands, region, type and end user. This report also studies the global Medical Textiles market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Read More: https://reports.valuates.com/sreport/QYRE-Auto-12160/Global_Medical_Textiles_Market
Market Trends:
In the last several years, global market of medical textiles developed stably, with an average growth rate of 8%. In 2015, the global production of medical textiles reached 3258 K MT. With developed manufacturing technology and low labor cost, China is the largest supplier, with the production market share over 32% in 2015, and other Asian regions also accounted for over 34% market share globally. Europe accounted for over 34% of market size in 2015.
The market is developed in Europe due to the mature healthcare sector, growing consumer demand for improved healthcare facilities. North America is the second largest regional segment accounting for over 29% of the global market volume in 2015. Meanwhile, China and other Asia regions demand is projected to witness a high growth rate of over 10% due to increasing penetration of disposable baby diapers and feminine hygiene products. Non-woven textile dominated the global medical textiles market, accounting for over 57% of global volume in 2015. This segment is projected to gain market share over the forecast period, due to high performance characteristics such as easy disposability, cost-effectiveness and reduced danger of cross-contamination. Healthcare & hygiene products and non-implantable goods application segments together accounted for a share of nearly 60% in 2015. Healthcare and hygiene products are rapidly gaining popularity in the developing regions including Asia Pacific, Latin America, and the Middle East due to rising healthcare infrastructure.
The study objectives of this report are:
To study and analyze the global Medical Textiles market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Medical Textiles market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Medical Textiles companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Medical Textiles submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Medtronic (Covidien)
Johnson & Johnson
3M
BSN medical
Smith & Nephew
Molnlycke
Medline
Dupont
Cardinal Health
B. Braun
Allmed Medical
Ahlstrom
Winner Medical
Lohmann & Rauscher
JianErKang
Hakuzo
KOB
TWE Group
Zhende Medical
Vilene
Medpride
Techtex
Market size by Product
Non-woven Fabric
Woven Fabric
Knitted Fabrics
Market size by End User
Implantable Goods
Non-implantable Goods
Healthcare & Hygiene Products
Other
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Medical Textiles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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