Market Research Report
Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Published by||IMARC Services Private Limited||Product code||999665|
|Published||Content info||106 Pages
Delivery time: 2-3 business days
|Medical Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
|Published: April 12, 2021||Content info: 106 Pages||
Global Medical Textiles Market Outlook - 2026
The global medical textiles market exhibited moderate growth during 2015-2020. Medical textiles, also known as healthcare textiles, refer to various materials and products that are used for first aid and clinical purposes. They consist of healthcare and hygiene products, implantable and non-implantable materials and extracorporeal devices. Gauzes, bandages, wipes, prostheses, orthoses, breathing masks, and beddings and covers are some of the most commonly used medical textiles. The use of these textiles depends upon the degree of flexibility, softness, absorption and filtering offered by the product. Textile-based products and implants replace the need to use artificial tissues, ligaments and joints in surgeries, thus allowing faster recovery and improving the rehabilitation process for the patient. Looking forward, IMARC Group expects the global medical textiles market to grow at a CAGR of 4.80% during 2021-2026.
A thriving medical and healthcare industry, along with the rising awareness for healthcare practices among the consumers, is one of the key factors driving the market growth. With a continuously growing global population, there has been an increase in the instances of accidents caused by fires and chemicals as well as the prevalence of various diseases. This has resulted in an increasing demand for medical textiles such as medical tourism, pressure garments and bandages. Additionally, the growing diabetic and geriatric population that requires frequent and extensive medical attention is further propelling the growth of the market. Furthermore, increasing demand for nanofibers, which are manufactured using biocompatible and biodegradable materials, is also positively impacting the market as they extensively aid in tissue engineering, drug delivery and wound healing. Other factors contributing to the market growth include reduced healthcare costs, the rising awareness about the benefits of medical textiles and increasing research and development (R&D) to develop better and more advanced variants.
IMARC Group's latest report provides a deep insight into the global medical textiles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the medical textiles market in any manner.