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SHERIDAN, WYOMING, UNITED STATES, September 13, 2022 /EINPresswire.com/ -- The IMARC Group provides extensive analysis of the medical textiles market industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global medical textiles market size reached US$ 20.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027. Medical textiles also referred to as healthcare textiles, represent the various materials used for first aid and clinical purposes. They consist of implantable and non-implantable materials, healthcare and hygiene products, and extracorporeal devices. Commonly utilized medical textiles include gauzes, wipes, prostheses, orthoses, bandages, breathing masks, bedding, and covers. The usage of these materials depends upon the degree of softness, absorption, flexibility, and filtering offered by the product. Textile-based products and implants substitute the need for using artificial ligaments, tissues, and joints in surgeries, thus improving the rehabilitation process and allowing faster recovery for the patient.
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Medical Textiles Market Trends/Drivers:
The escalating awareness of healthcare practices among the consumers is primarily driving the medical textiles market. Besides this, the elevating requirement for pressure garments and bandages, owing to the increasing instances of accidents caused by fires and chemicals and the prevalence of several chronic diseases, is further augmenting the market growth. Moreover, the rising consciousness in individuals towards the benefits of medical textiles and the extensive research and development (R&D) activities to launch enhanced and innovative variants are also catalyzing the global market. Apart from this, the growing diabetic and geriatric population that needs frequent and expansive medical attention is acting as another significant growth-inducing factor. Furthermore, the inflating demand for nanofibers manufactured using biocompatible and biodegradable materials that aid in tissue engineering, drug delivery, and wound healing is anticipated to propel the medical textiles market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical textiles market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type and application.
Asahi Kasei Cardinal Health Freudenberg Getinge KCWW Schouw ATEX Technologies Inc Bally Ribbon Mills Vestagen Technical Textiles Inc. Bluestar Silicones Biomedical Structures Medical Grade Innovations Strategic Partners Life Threads LLC, etc.
Implantable Goods Non-Implantable Goods Healthcare & Hygiene Products Others
Europe North America Asia Pacific Middle East and Africa Latin America
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1568&flag=C
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021) Market Outlook (2022-2027) Market Trends Market Drivers and Success Factors Impact of COVID-19 Value Chain Analysis Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group IMARC Services Private Limited + 16317911145 email us here
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