Non-Woven Fabric to Lead the Biomedical Textiles Market Between 2017 And 2022


Posted June 28, 2018 by abhijeetw1

The biomedical textiles market is projected to reach USD 14.50 Billion by 2022 from 10.99 Billion in 2017, at a CAGR of 5.7% between 2017 and 2022.

 
The biomedical textiles market was valued at USD 10.47 Billion in 2016 and is projected to reach USD 14.50 Billion by 2022, at a CAGR of 5.7% during the forecast period. Increased demand for woven, non-woven, knitted, and braided biomedical textiles in surgical sutures, bandages, implants, and extracorporeal applications is driving the growth of the biomedical textiles market. Increase in the number of surgeries and aging population globally is also contributing to the growth of the biomedical textiles market. In this study, years that have been considered to estimate the market size for biomedical textiles are listed below:

Base Year – 2016
Estimated Year – 2017
Projected Year – 2022
Forecast Period – 2017–2022
2016 has been considered as the base year for company profiles. In cases, wherein information for the base year has been unavailable, the years prior to it have been considered.

Objectives of the Study:

To analyze and forecast the size of the biomedical textiles market, in terms of value
To provide detailed information regarding the major factors (drivers, restraints, and opportunities) influencing the growth of the market
To define, describe, and forecast the biomedical textiles market on the basis of application, fiber type, fabric type, and region
To forecast the market size of different segments based on regions, namely, Asia Pacific (APAC), Europe, North America, the Middle East & Africa (MEA), and South America and the key countries in these regions
To analyze the markets with respect to individual growth trends, prospects, and their contribution to the overall market
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
To track and analyze competitive developments, such as expansions and new product launches, in the biomedical textiles market
To strategically profile the key players and comprehensively analyze their growth strategies
Various secondary sources, such as Factiva, Hoovers, and Manta have been used to gain insights into the biomedical textiles market. Experts from leading companies manufacturing biomedical textiles have been interviewed to verify and collect critical information and to assess the trends in the biomedical textiles market during the forecast period.

https://www.marketsandmarkets.com/Market-Reports/biomedical-textile-market-231997196.html

The non-biodegradable fiber type segment is projected to grow at the highest CAGR during the forecast period

Non-biodegradable fibers are absorbed by the body slowly and take more than six months’ time to degrade. The non-biodegradable fiber type segment is projected to register a higher CAGR than the biodegradable segment owing to the high consumption of non-biodegradable fibers, such as polypropylene, polyethylene, viscose, polyamide, and polyester in various applications, such as bandages, surgical sutures, soft and hard tissue implants, and extracorporeal devices.

The non-implantable application segment is projected to lead the biomedical textiles market during the forecast period

The non-implantable application segment is projected to lead the biomedical textiles market between 2017 and 2022. The demand for biomedical textiles in non-implantable applications is mainly driven by an increase in consumption of wound care products, such as adhesive, cohesive, tubular, triangular, and other types of bandages.

The non-woven fabric type segment is projected to lead the biomedical textiles market during the forecast period

The non-woven fabric market is projected to register the highest CAGR during the forecast period. The demand for non-woven fabrics in biomedical textiles is mainly driven by their increased use in light support, bandages, artificial skin, orthopedic implants, plaster, gauzes, and others. These fabrics offer superior performance properties, such as excellent absorption, softness, smoothness, strength, stretchability, comfort, fit, and cost-effectiveness.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=231997196

Target Audience

Manufacturers of Biomedical Textiles
Suppliers of Raw Materials
Distributors and Suppliers of Biomedical Textiles
End-Use Industries
Industry Associations

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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags biomedical textiles , biomedical textiles market
Last Updated June 28, 2018