USD 32.20 billion
Global Biomedical Textiles Market Size, Share, Growth Analysis, By Fiber(Non-biodegradable fiber, Biodegradable fiber), By Fabric(Woven, Non-woven), By Application(Implantable, Non-implantable) - Industry Forecast 2024-2031
Report ID:
SQMIG15A2431 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
90 |
Figures:
68
Global Biomedical Textiles Market Insights
Global Biomedical Textiles Market size was valued at USD 32.20 billion in 2022 and is poised to grow from USD 33.58 billion in 2023 to USD 47.03 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).
Increasing awareness of improved healthcare facilities and effective medicine is driving the demand for medically appropriate clothing. Market growth continues to be driven by the increasing use of medical dressings including artificial dentition, body augmentation and dental implants. Growing geriatric population is expected will also contribute to the market expansion across the globe, as it increases the number of knee joint replacement surgeries, driving the demand for implants, and fuel market growth.
Increasing demand for wound care products such as plasters, gauze and orthopedic implants will act as a key factor to accelerate the growth of the global biomedical textiles market. Another important consequence of market expansion is the increasing elderly population. Also, increasing number of surgeries and high quality pharmaceutical textiles are the major factors driving the market growth. Similarly, increase in the number of chronic problems and accidents and rapid urbanization will show a positive impact on market growth. Increasing healthcare costs in developing countries, changing lifestyles and increasing disposable income will impact the growth of global biomedical textiles market.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Biodegradable
Growth Rate
4.3% CAGR
Global Biomedical Textiles Market ($ Bn)
Country Share for North America Region (%)
Global Biomedical Textiles Market By Fiber (%)
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Global Biomedical Textiles Market Segmental Analysis
The biomedical textiles market is segmented on the basis of fiber type, fabric type, application, and region. On the basis of fiber type, the market is categorized into non-biodegradable fiber, biodegradable fiber, and others. On the basis of fabric type, the market is categorized into woven, non-woven, and others. On the basis of application, it is divided into implantable, non-implantable, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Analysis by Fabric
Woven fabrics are widely used for non-invasive applications such as bandages. It is also used in orthopedics and skin care products. Woven fabrics are used as an alternative to conventional fabrics because of their excellent absorbency, flexibility, flexibility, durability, stretchability, comfort and fit, as well as their cost-effectiveness.
Woven textiles play an important role in the biomedical textiles market, contributing to the growth of various medical textiles used in healthcare applications Biomedical textiles refer to products intended for use in medical and healthcare applications, from wound care , wound dressings to surgical instruments and safety top garments with unique properties to fulfill Systems also use weaving techniques to produce garments.
Analysis by Fiber
The non-biodegradable segment is expected to register rapid growth during the forecast period. The increasing use of non-biodegradable sutures in the manufacture of biomedical garments, intended for closure of open wounds and removal after complete wound healing, increases revenue for this segment including surgical sutures , textiles, external body devices and soft and hard tissue replacements.
The biodegradable segment of the biomedical textiles market plays an important role in addressing environmental concerns and promoting sustainable practices in the healthcare industry. Biodegradable materials have potential breaking down naturally over time, reducing environmental impact. In medical textiles, the use of biodegradable materials helps to reduce the accumulation of non-biodegradable waste associated with medical devices and implants.
Global Biomedical Textiles Market By Fiber, 2022 (%)
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Global Biomedical Textiles Market Regional Insights
North America is expected to dominate the global market, owing to the highly developed healthcare sector in the US, and the continued investment in this sector to develop the medical technology sector over the years. Moreover, with increasing obesity issues in the country, various diseases affecting the population, and various therapeutic needs in the country, textiles for pharmaceutical a the demand for applications is increasing.
Asia-Pacific was the largest revenue-generating market for biomedical textiles and is expected to witness the highest demand during the forecast period. The growing population in Asia Pacific makes it increasingly important for healthcare facilities to address the issues of aging population, chronic lifestyle diseases and increasing accidents This is likely to drive demand for fabric a of biopharmaceuticals in the healthcare industry has been enhanced during the forecast period.
Global Biomedical Textiles Market By Region, 2024-2031
- Largest
- Fastest
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Global Biomedical Textiles Market Dynamics
Drivers
Increased Demand for Transplantable Part
- Biomedical garments have been increasingly used by surgeons and physicians as a way to replace and support damaged body parts. Biomedical textiles find applications in other synthetic tissues, fibers and grafts. Synthetic fabric implants are used as artificial arteries or vessels inserted into the heart to replace the first artery or artery that is blocked or weakened by muscle or replacing the 6 mm to 1 cm grafts. Pharmaceutical textiles are also used in a variety of orthopedic procedures, such as sutures, joint and tendon grafts, reconstructive devices, and spinal dressings.
Restraints
Rising R&D Costs Associated with Quality Apparel Production
- Biomedical textiles are advanced materials specifically designed to resist various viruses, fungi, fire, stains and moisture. The development of these garments requires extensive research & development to provide specialized products in line with health care. The R&D costs associated with quality apparel production are high due to the labor, technical, and other associated costs. Synthetic materials such as polyester, cotton, polypropylene, polyurethane and vinyl are complex materials requiring large investments.
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Global Biomedical Textiles Market Competitive Landscape
The competitive environment of the global Biomedical Textiles market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options.
Top Player’s Company Profiles
- Atex Technologies, Inc.
- Life-Threads
- Careismatic Brands
- Bally Ribbon Mills
- Freudenberg & Co. KG
- Trelleborg AB
- Indorama Corporation
- Herculite
- PurThread Technologies, Inc.
- Fitesa
- Schouw & Co.
- Kimberly-Clark Corp.
Recent Developments
- In September 2022, Royal DSM N.V. acquired Prodap, a leading Brazilian animal feed technology company.
- In August 2022, Medtronic plc announced the acquisition of Affera Inc., a pioneering technology for the treatment of simple heart failure.
- In May 2022, Royal DSM sold its industrial products business to Lanxess for $3.91 billion.
Global Biomedical Textiles Key Market Trends
Development of Healthcare Services to Increase Market Growth
- With increasing healthcare budgets, increasing healthcare literacy, and increasing healthcare costs, the growing healthcare industry is likely to provide a global portfolio of biopharmaceuticals the business has grown during the forecast period. The increasing incidence of accidents, lifestyle diseases and common infectious diseases calls for technological innovation to facilitate medical procedures and, it is expected to market great results for biomedical textiles manufacturers in the healthcare industry.
Revolutionizing Healthcare with Smart Biomedical Textiles
- Smart biomedical textiles are wearables made from tiny semiconductors and sensors embedded in fabrics. The global biomedical textiles market is expected to grow at 20% annually. The use of these garments can help assess cardiac output, blood pressure, and heart rate on patients’ garments. They can help monitor body temperature, respiration, humidity and pH levels.
Global Biomedical Textiles Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. One of the major factors driving the market growth is the increasing global elderly population. Osteoporosis, heart disease, spine and eye disease are common in the elderly due to age-related physiological changes. Most of these diseases can be successfully treated with surgery. Thus, the aging population is driving the demand for surgery. According to the Centers for Disease Control and Prevention (CDC), each year in the United States, emergency rooms treat 2.7 million elderly patients who have fallen. Because the cells due to decreased function, the body’s natural ability to prevent and heal wounds decreases with age. Chronic injuries such as pressure sores are also very common in the elderly population.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 32.20 billion |
| Market size value in 2031 | USD 47.03 billion |
| Growth Rate | 4.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Biomedical Textiles Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Biomedical Textiles Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Biomedical Textiles Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Biomedical Textiles Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Biomedical Textiles Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Biomedical Textiles Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Biomedical Textiles Market Report Snapshots
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