Press release
Global Medical Textiles market: Value chain analysis, key player’s developments (mergers, acquisitions and expansions), forecast 2018-2025
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.
In the last several years, global market of medical textiles developed stably, with an average growth rate of 8%. In 2015, the global production of medical textiles reached 3258 K MT.
With developed manufacturing technology and low labor cost, China is the largest supplier, with the production market share over 32% in 2015, and other Asian regions also accounted for over 34% market share globally.
Europe accounted for over 34% of market size in 2015. The market is developed in Europe due to the mature healthcare sector, growing consumer demand for improved healthcare facilities. North America is the second largest regional segment accounting for over 29% of the global market volume in 2015. Meanwhile, China and other Asia regions demand is projected to witness a high growth rate of over 10% due to increasing penetration of disposable baby diapers and feminine hygiene products.
Non-woven textile dominated the global medical textiles market, accounting for over 57% of global volume in 2015. This segment is projected to gain market share over the forecast period, due to high performance characteristics such as easy disposability, cost-effectiveness and reduced danger of cross-contamination.
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Healthcare & hygiene products and non-implantable goods application segments together accounted for a share of nearly 60% in 2015. Healthcare and hygiene products are rapidly gaining popularity in the developing regions including Asia Pacific, Latin America, and the Middle East due to rising healthcare infrastructure.
The global Medical Textiles market is valued at 12200 million US$ in 2017 and will reach 18500 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2018-2025.
The major manufacturers covered in this report
Medtronic (Covidien)
Johnson & Johnson
3M
BSN medical
Smith & Nephew
Molnlycke
Medline
Dupont
Cardinal Health
B. Braun
Allmed Medical
Ahlstrom
Winner Medical
Lohmann & Rauscher
JianErKang
Hakuzo
KOB
TWE Group
Zhende Medical
Vilene
Medpride
Techtex
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
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