Biomedical Textiles Market Outlook By Industry Size, Share, Revenue, Regions and Top Key Players Analysis

SDKI Inc. published a new report on "Biomedical Textile Market-Global Forecast 2030". This study includes the statistical and analytical approaches needed to grow the biomedical textile market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-109516

The biomedical textile market is estimated to grow from a market value of US $ 14.5 billion in 2022 to US $ 21.37 billion by 2030, with a CAGR of 5.7% during the forecast period.

Increasing demand for biomedical fibers in bandages, surgical sutures, implants, and extracorporeal devices is one of the most important drivers of growth in the biomedical fiber market. The growing aging population and the increasing number of surgeries are also contributing to the growth of the biomedical textile market. In addition, rising demand in emerging markets and the development of smart biomedical textiles are expected to drive growth in this market during the forecast period. In addition, government policies and initiatives on health awareness, as well as an increasing number of well-equipped hospitals and clinics, are driving market growth. However, the need for large R & D investments can curb the growth of this market.

Market segment

The biomedical textile market is by fiber type (biodegradable, non-biodegradable), fabric type (woven or non-woven), application (non-transplantable, surgical suture), and region. It will be split. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

The non-woven segment is expected to lead the biomedical textile market during the forecast period.

Based on the fabric type, the non-woven segment is expected to grow at a maximum CAGR during the forecast period. This growth is due to the high demand from non-transplantable applications such as gauze, sticky, adhesive, tubular, and triangular bandages. Nonwoven fabric is used in a wide range of applications and products, and is a unique and high-tech processed fabric. Increasing awareness and the benefits of using this fabric type in the healthcare industry are expected to drive demand for non-woven fabrics between 2022 and 2030.

Non-portable segments are projected to grow at a maximum CAGR during the forecast period.

Based on the application, the non-portable segment is expected to register the largest CAGR between 2022 and 2030. The demand for biomedical fibers in non-transplantable applications is driven primarily by the increased consumption of wound care products such as gauze, bandages and adhesive bandages. In addition, the increasing number of accidents and surgeries is driving the growth of non-transplantable segments.

Regional Overview

The biomedical textile market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

The Asia Pacific biomedical textile market is projected to grow at a maximum CAGR during the forecast period. Companies that manufacture biomedical textiles have significant growth opportunities in this market due to the availability of cheap labor and raw materials. Due to the densely populated countries such as India and China, biomedical fiber consumption is also high in this region. In addition, increased government spending on medical facilities and increased revenues are driving the growth of the biomedical textile market in the region. In addition, the initiative taken by the Government of India to manufacture products in-house under the "Make in India" initiative is also expected to contribute to the growth of markets in the region.

Key Players in the Market

Key Players in the Biomedical Textile Market include Royal DSM (Netherlands), Covidien (Ireland), Integra Life Sciences (USA), Johnson & Johnson (USA), Smith & Nephew (UK), These include Medline Industries (USA), B. Braun Melsungen (Germany), Cardinal Health (USA), Paul Hartmann (Germany) and BSN Medical (Germany). The study includes a detailed competitive analysis of these major companies in the biomedical textile market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/biomedical-textiles-market/109516

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This release was published on openPR.