Global Biomedical Textiles market growth 2024, Forecast To 2033
29 Feb, 2024
The biomedical textiles market size has grown strongly in recent years. It will grow from $15.63 billion in 2023 to$16.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to infection control prioritization, global health emergencies, focus on regenerative medicine, prevalence of chronic diseases. The biomedical textiles market size is expected to see strong growth in the next few years. It will grow to $23.1 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to consumer health and wellness trends, global health preparedness, military and defense applications, personalized medicine needs, telemedicine and wearable health. Major trends in the forecast period include advancements in medical technology, research collaborations, sustainable textiles trend.
Global Biomedical Textiles Market Key Driver
The biomedical textiles market is set for expansion driven by the rising prevalence of chronic diseases necessitating medical attention for extended periods. Surgical procedures aimed at managing chronic illnesses have amplified the demand for biomedical textiles, crucial for wound closure and chronic wound prevention. As forecasted by The Silver Book, chronic disease cases are expected to increase by 42% globally, reaching 230.7 million people by 2030. Hence, the escalating prevalence of chronic diseases propels the biomedical textiles market, reflecting its expected market sizes for 2023, 2024, and 2028.
Get A Free Sample Of The Global Biomedical Textiles Market ReportGlobal Biomedical Textiles Market Segments
The global 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
By Geography: The regions covered in the biomedical textiles market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the biomedical textiles market in 2023. 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.
Major Biomedical Textiles Industry Players
Koninklijke DSM N.V., 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
Get The Full Global Biomedical Textiles Market Report
Biomedical Textiles Market Overview
Biomedical textiles are fibrous textile constructions made from synthetic or natural materials. These advanced materials resist various fungi, fire, bacteria, dirt, and water. Biomedical textiles are used as a medical device inside or outside the biological environment to improve the patient's health.
Biomedical Textiles Global Market Report 2023 provides data on the global biomedical textiles market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The biomedical textiles market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.