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Medical Smart Textile Market Research Report 2024 | Valuates Reports
Medical Smart Textile - Market SizeThe global market for Medical Smart Textile was estimated to be worth US$ 663.7 million in 2023 and is forecast to a readjusted size of US$ 3273.6 million by 2030 with a CAGR of 25.3% during the forecast period 2024-2030.
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The smart fabrics also famous as electronic textiles and smart textiles are digital enhanced fabrics that uses technology of light and battery to operate. These fabrics have technology to sense the environmental condition. The smart fabrics work through the signals that are received from the central control unit. The electrical processor embedded in the fabric analysis and evaluates the signals. The entire functioning of the smart fabrics work with the help of nanotechnology.
Market competition is intense. Adidas International, Jabil, DowDupont, Toray Industries, Hexoskin, Pireta, etc. are the leaders of the industry, and they hold key technologies, with high-end customers. In the future, there will be more companies enter into this industry.
By Type
• Passive Smart Textiles
• Active Smart Textiles
• Ultra-Smart Textiles
By Application
• Hospitals & Clinics
• Academic & Industrial Research
Key Companies
Adidas International, Jabil, DuPont, Toray Industries, Hexoskin, Pireta, AiQ Smart Clothing, Schoeller Textiles, Vista Medical, Sensoria
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