Global Medical Textiles Market Growth 2023-2029
Medical Textiles are used in hygiene, health and personal care, as well as in surgical applications. These products include: wipes, baby and adult diapers, adult sanitary and incontinence products, as well as, medical and surgical products, such as operating gowns, operating drapes, sterilization packs, dressings, sutures and orthopedic pads.
LPI (LP Information)' newest research report, the “Medical Textiles Industry Forecast” looks at past sales and reviews total world Medical Textiles sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Textiles sales for 2023 through 2029. With Medical Textiles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Textiles industry.
This Insight Report provides a comprehensive analysis of the global Medical Textiles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Textiles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Textiles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Textiles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Textiles.
The global Medical Textiles market size is projected to grow from US$ 14930 million in 2022 to US$ 21710 million in 2029; it is expected to grow at a CAGR of 21710 from 2023 to 2029.
Global Medical Textiles key players include 3M, Molnlycke, Dupont, Medtronic (Covidien), Johnson & Johnson, etc. Global top five manufacturers hold a share nearly 20%.
Europe is the largest market, with a share over 25%, followed by Asia (Ex. China), and North America, both have a share over 40 percent.
In terms of product, Non-woven Textile is the largest segment, with a share over 60%. And in terms of application, the largest application is Non-implantable Goods, followed by Implantable Goods, Healthcare and Hygiene Products, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Textiles market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Segmentation by application
Healthcare and Hygiene Products
This report also splits the market by region:
Middle East & Africa
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson & Johnson
Smith & Nephew
Lohmann & Rauscher
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medical Textiles market?
What factors are driving Medical Textiles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medical Textiles market opportunities vary by end market size?
How does Medical Textiles break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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