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Rising Prevalence Of Chronic Diseases Drives Biomedical Textiles Market: Powering Innovation and Expansion in the Biomedical Textiles Market by 2025
Biomedical Textiles Market Analysis
What Is the Expected CAGR for the Biomedical Textiles Market Through 2025?
In recent years, the biomedical textiles market size has seen robust growth. The market, which was worth $16.63 billion in 2024, is expected to expand to $17.81 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.1%. Factors such as heightened focus on infection control, addressing global health crises, emphasis on regenerative medicine, and the increasing prevalence of chronic diseases have contributed to the growth during the historic period.
What's the Projected Size of the Global Biomedical Textiles Market by 2029?
The market size for biomedical textiles is predicted to experience significant expansion in the forthcoming years. The sector is projected to reach a value of $25.78 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 9.7%. This growth during the forecast period is likely due to factors such as increasing emphasis on health and wellness among consumers, the need for worldwide health readiness, the application in military and defense sectors, the demand for personalized healthcare, telemedicine, and wearable health systems. The primary trends for the forecast period are potential improvements in medical technology, cooperative research efforts, and the growing trend of sustainable textiles.
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Top Growth Drivers in the Biomedical Textiles Industry: What's Accelerating the Market?
The escalating occurrence of long-term illnesses is driving the growth of the biomedical textiles market. These enduring illnesses which need medical care tend to persist over a year. This surge in persistent ailments prompted an emphasis on surgical procedures. Biomedical textiles come into play in cases of stubborn diseases for suturing during surgical procedures and circumventing chronic injuries. For example, the Office for Health Improvement & Disparities, a government agency based in the UK, reported in September 2024 that in the first half of 2023, there was an attribution of 3,940 excess deaths to chronic lower respiratory diseases, denoting a 30% rise from the anticipated rates. This figure went up to 5,363 for the whole year, registering an overall 22% increase. Consequently, the mounting occurrence of enduring illnesses will propel the biomedical textiles market.
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What Trends Will Shape the Biomedical Textiles Market Through 2029 and Beyond?
Advancements in product creation are driving trends in the biomedical textiles market. Key players in this industry are prioritizing research and development to introduce new products in the expanding market. For example, in March 2022, Fabiosys Innovations, a healthcare products producer based in India, introduced Fabium. This special medical textile is produced using Hi-PAT technology, making it extremely efficient in combating viruses, bacteria, and fungi. The production of this fabric involves processing raw cotton fabric with common textile processing machines, incorporating several unique chemical formulas.
What Are the Main Segments in the Biomedical Textiles Market?
The biomedical textiles market covered in this report is segmented -
1) By Product Type: Non Implantable, Implantable
2) By Fabric: Non-Woven Biomedical Textiles, Woven Biomedical Textiles, Knitted Biomedical Textiles
3) By Fiber Type: Non Biodegradable, Biodegradable
4) By Applications: Ophthalmology, Neurology, Cardiology, Dentistry, Orthopedics, General Surgery And Treatment, Other Applications
5) By End Users: Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Other End Users
Subsegments:
1) By Non-Implantable: Surgical Textiles, Wound Dressings, Bandages And Plasters, Compression Garments
2) By Implantable: Sutures, Mesh Materials, Tissue Engineering Scaffolds, Vascular Grafts
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Which Top Companies are Driving Growth in the Biomedical Textiles Market?
Major companies operating in the biomedical textiles market are Confluent Medical Technologies, Cardinal Health Inc, Johnson & Johnson Services Inc, B. Braun Melsungen AG, Smith & Nephew PLC, Meister & Cie AG, Medline Industries Inc, 3M Company, ATEX Technologies, Integra Life Sciences Corporation, Paul Hartmann AG, BSN Medical GMBH, Elkem ASA, Bally Ribbon Mills, Asahi Kasei Corporation, Freudenberg Medical LLC, Getinge AB, Halyard Health, Kimberly-Clark Corporation, Milliken & Company, Molnlycke Health Care AB, Precision Fabrics Group Inc., Secant Group LLC, Stradis Healthcare, Tietex International Ltd., Trelleborg AB, United Medical Industries Co. Ltd., Vestagen Protective Technologies Inc., W.L. Gore & Associates Inc., Weaving Machinery UK Ltd., Welspun Group, Zimmer Biomet Holdings
Which Regions Will Dominate the Biomedical Textiles Market Through 2029?
North America was the largest region in the biomedical textiles market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biomedical textiles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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