Global Biomedical Textiles Market, By Usage (Non-Biodegradable Fiber, Biodegradable Fiber), Fabric Type (Non-Woven Fabric, Woven Fabric, Others), Application (Non-Implantable, Surgical Sutures, Others), End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027.
Market Analysis and Insights: Global Biomedical Textiles Market
Biomedical textiles market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 11.38 billion by 2027 growing at a CAGR of 5.75% in the above-mentioned forecast period. The rising number of surgeries related to biomedical textiles such as skin graft and skin injuries will help in driving the growth of the biomedical textiles market.
Increasing geriatric population, rising demand of wound care products such as plaster, orthopaedic implants and gauzes is likely to accelerate the growth of the biomedical textiles market in the forecast period of 2020-2027. On the other hand, growing demand of emerging markets and development in smart biomedical textiles is likely to drive the growth of the biomedical textiles market in the above mentioned forecast period.
High costs involved in research and development is likely to hamper the growth of the biomedical textiles market in the above mentioned forecast period. The increasing pricing pressure on market players and product marketing is going to pose the biggest challenge in the biomedical textiles market.
This biomedical textiles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on biomedical textiles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Biomedical Textiles Market Scope and Market Size
Biomedical textiles market is segmented on the basis of usage, fabric type, application and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on usage, the global biomedical textile is segmented into non-biodegradable and biodegradable fiber. Non-biodegradable is further sub-segmented into viscose, polyamide, polyester, cotton and others. Others are further sub-segmented into polyurethane, polytetrafluoroethylene (PTFE). Biodegradable fiber is further sub-segmented into collagen, chitin and others.
- On the basis of fabric type, the biomedical textile is segmented into non-woven fabric, woven fabric and others.
- Based on application, the biomedical textile is segmented into non-implantable, surgical sutures and others. The non-implantable is further sub-segmented into bandages. The others are further sub-segmented into implantable and extracorporeal devices. The implantable is further sub-segmented into soft tissue implants, hard tissue implants, dental prosthesis and vascular devices.
- On the basis of end users, the global biomedical textile market is segmented into hospitals, ambulatory centers, clinics, community healthcare and others.
Biomedical Textiles Market Country Level Analysis
Biomedical textiles market is analysed and market size insights and trends are provided by country, usage, fabric type, application and end users as referenced above.
The countries covered in the biomedical textiles market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the biomedical textiles market due to the huge spending on healthcare and technological innovation in healthcare products, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to low labour cost and raw materials along with high income populations of India and China leading to huge investment in healthcare.
The country section of the biomedical textiles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Biomedical textiles market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for biomedical textiles market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the biomedical textiles market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Biomedical Textiles Market Share Analysis
Biomedical textiles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to biomedical textiles market.
The major players covered in the biomedical textiles market report are DSM, Medtronic, Integra LifeSciences Corporation, Freudenberg Group, Bally Ribbon Mills, ATEX TECHNOLOGIES, Confluent Medical Technologies, Elkem Silicones, BioSpace, KCWW., Mölnlycke Health Care AB, Rochal Industries LLC, AstraZeneca, 3M, Munksjö, Meister & Cie AG, Biomedical Structures LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Biomedical Textiles Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.