Medical Fabrics Market Future Growth Opportunities 2022-2029 | Swift Textile, Kimberly-Clark, Caimra, Bally Ribbon Mills
The global Medical Fabrics Market is expected to grow with a CAGR greater than 4.81% during the forecast period of 2022-2029.
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Key Market Trends:
Medical Fabrics are majorly preferred in the healthcare industry owing to their softness, strength, comfort, stretchability, cost, and high absorbing ability of liquids.
The increasing consumer awareness about hygiene and improving the quality of Medical Fabrics are expected to propel the growth of Medical products during the forecast period.
Some of the other properties of Medical Fabrics that have led to an increase in its application in the healthcare industry include:
Its ability to mitigate the risk of spreading drug-resistant bacteria, viral, and blood-borne diseases.
Its ability to be tailored, according to medical specifications and requirements.
Its environmentally-friendly nature is disposable without causing harm to the environment. Polyester and polypropylene non-woven fabrics are some of the major types of non-woven fabrics. Polyester non-woven fabrics are manufactured by needle punching. These fabrics have good heat setting property, excellent elasticity, high wet strength, and good characteristics. These fabrics also retain their physical properties in wet conditions and are resistant to humidity changes. They are used in medical/surgical gowns, masks.
The major companies operating in the global Medical Fabrics Market outlined in the report are:
Swift Textile,Kimberly-Clark,Caimra,Bally Ribbon Mills,Asiatic Fiber,Herculite,Brookwood,Life Threads,ATEX Technologies,Eastex Products,Fairlane,Beijing Beiyi,3M,Freudenberg
3M has acquired 81 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M's largest acquisition to date was in 2019 when it acquired Acelity for $6.7B. Its largest disclosed sale occurred in 2019 when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has been acquired in 23 different US states, and 17 countries. The Company's most targeted sectors include manufacturing (25%) and medical products (18%).
Freudenberg & Co KG has acquired 9 companies, including 2 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets. Freudenberg & Co KG has acquired in 1 US state, and 7 countries. The Company's most targeted sectors include consumer products (38%) and manufacturing (25%).
Medical Fabrics Market Segments:
Market Segmentation: By Type
Market Segmentation: By Application
Regions Are covered by Global Medical Fabrics Market
For a comprehensive understanding of market dynamics, the Global Medical Fabrics Market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
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The study objectives of this report are:
- To study and analyze the Global Medical Fabrics market size (value and volume) by the company, key regions/countries, products and applications, history data from 2016 to 2021, and forecast to 2029.
- To understand the structure of Medical Fabrics by identifying its various sub-segments.
- To share detailed information about the key factors manipulating the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
- To analyze the report with respect to individual growth trends, future prospects, and their contribution to the total market.
- To analyze modest developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Scope of The Medical Fabrics Market Report:
- The report analyses Medical Fabrics by Type Segment.
- The report assesses the Medical Fabrics by End User.
- The Global Medical Fabrics have been analyzed by Region.
- The key insights of the report have been presented through the frameworks of SWOT and Market Attractiveness charts.
- The attractiveness of the market has been presented by Region, Type, and End User. Additionally, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
- The report provides a detailed pipeline analysis developed to cure the problem of Medical Fabrics.
- The report tracks competitive developments, strategies, mergers and acquisitions, and new product development.
-To take advantage of business owners, tap hard at Medical Fabrics research to get a thorough understanding of current momentum.
- The report presents the analysis of Medical Fabrics for the historical period of 2016-2021 and the forecast period of 2022-2029.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Customizable: The Global Medical Fabrics Market
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