Global Medical Textiles Market 2018-2022
About Global Medical Textiles
Medical textiles are fabrics or textile materials that have been engineered to be used in hygiene, healthiness, and private care and use products as well as the surgical end- user industry.
Technavio’s analysts forecast the medical textiles market to grow at a CAGR of 4.23% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global medical textiles market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of medical textiles in product type and applications.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Medical Textiles Market 2018-2022
Technavio recognizes the following companies as the key players in the global medical textiles market: Asahi Kasei, Cardinal Health, Freudenberg, Getinge, KCWW, Schouw.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing demand for nanofibers in the medical industry. Nanofibers are manufactured using biocompatible or biodegradable materials that have a high potential in the biomedical and healthcare sectors.
According to the report, one of the major drivers for this market is the growing demand from non- woven medical industry. The wide variety of products such as absorbent pads, incontinent products and apparel for patients and stuff.
Further, the report states that one of the major factors hindering the growth of this market is the lack of effective recycling technique. Fibers used in medical textiles are heterogeneous and are difficult to recycle.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook