Biomedical Textiles Market - Forecast(2023 - 2028)

The Biomedical Textiles Market size is forecast to reach US$17.3 billion by 2027, after growing at a CAGR of 5.1% during the forecast period 2022-2027. Biomedical textiles are textiles that are engineered with advanced biomaterials to ease a healing response in the body. These textiles are applied in artificial organs, sanitary napkins, baby diapers and other applications. Biomedical textiles are utilized in surgical medical devices and advanced wound dressing materials; therefore, the rising medical and healthcare sector is driving the biomedical textiles market growth. Moreover, the increasing requirement for smart biomedical textiles, to monitor blood pressure, heart rate and pulse rate is anticipated to upsurge the growth of the biomedical textiles industry in the forecast period. The global economic downturn caused by the COVID-19 pandemic remained unaffected in the medical & healthcare industry all across the world, which had no impact on the growth of the biomedical textiles market size.