Medical Textiles Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 29.30 Billion |
| Market Size (2029) | USD 36.80 Billion |
| CAGR (2024 - 2029) | 4.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Medical Textiles Market Analysis
The Medical Textiles Market size is estimated at USD 29.30 billion in 2024, and is expected to reach USD 36.80 billion by 2029, growing at a CAGR of 4.70% during the forecast period (2024-2029).
The medical textiles market is witnessing a transformative shift, leveraging to enhance and revolutionize medical treatment. This market combines innovative advanced technologies to offer personalized, accessible, and effective solutions for individuals seeking support for different treatments.
These textiles are engineered to meet stringent biocompatibility, sterility, durability, and patient comfort requirements. The introduction of medical textiles was due to the increased use of textiles in the field of medical technology.
Innovations in textile engineering have led to the development of advanced medical textiles with improved functionalities, such as effective treatment, advanced antimicrobial properties, and enhanced durability. Moreover, the field of medical textiles has witnessed remarkable advancements driven by cutting-edge research from leading universities and institutes around the globe.
In April 2023, a researcher from Cornell University College of Human Ecology, United States, developed KnitDema, a knitted robotic textile for hand edema patients. Similarly, in March 2023, Researchers at ETH Zurich developed a new textile sensor that measures body movements without the need for electronic components such as batteries or chips. Thus, such innovation in the medical textile field boosts and drives market growth during the forecast period.
However, meeting stringent regulatory standards and certifications for medical textiles can be challenging and time-consuming as a barrier to entry for new manufacturers. In August 2024, the Indian government announced that from October 1st, 2024, the Bureau of Indian Standards (BIS) certification will be mandatory for a range of medical textile products.
Medical Textiles Market Trends
The Wound Care Segment is Expected to Dominate the Medical Textiles Market During the Forecast Period
The wound care segment plays a significant role in the medical textile market due to the specialized textiles used in wound management. Wound care products, such as dressings, bandages, and compression garments, are essential in treating various types of wounds, including surgical, burns, chronic, and traumatic injuries. The prevalence of wounds across different demographics contributes to the high demand for wound care textiles.
Moreover, continuous innovations in textile technologies have led to the development of advanced wound care textiles that offer superior wound protection, moisture control, and healing properties. These technological advancements drive the adoption of medical textiles in wound care applications. For example, in May 2022, Winner Medical, a nonwoven fabrics company that manufactures advanced wound care dressing, launched CMC gelling fiber dressing. CME gelling fiber dressing is a sterile, single-use dressing composed of sodium carboxymethylcellulose fibers for wounds with moderate to heavy exudate. The unique gelling action of gelling fiber absorbs and retains exudate and locks away harmful components within wound exudate, such as bacteria and proteinases.
Additionally, the demand for compression garments is rising. With the global population aging and increasing sports activity, there is an increasing incidence of age-related vascular issues, muscular disorders, and sports-related injuries. This factor is driving the demand for compression therapy products.
Compression garments commonly manage vascular conditions such as deep vein thrombosis (DVT), varicose veins, lymphedema, venous insufficiency, and injury. These garments apply controlled pressure to improve blood circulation and reduce swelling, promoting healing and preventing complications. In September 2022, CEP Compression launched CEP Infrared Recovery Compression Socks. The sock is built with smart infrared technology that helps muscles recover after intense physical exercise and improves performance during training and competition.
Thus, the diverse applications and therapeutic benefits of compression garments contribute to their significant role in driving the growth of the medical textile market. All these factors are expected to witness significant growth in the wound care application segment in the upcoming years.
Asia-Pacific is Expected to Dominate the Medical Textiles Market
In Asia-Pacific, the recent developments highlight the ongoing efforts of players and organizations to enhance their platforms, provide more personalized products, and contribute to the overall growth of the market. Asia-Pacific has a rapidly growing population, which leads to increased demand for healthcare services and products.
Moreover, countries such as China, Taiwan, South Korea, India, Bangladesh, Japan, and Indonesia have seen a rise in the establishment and investment of manufacturing facilities for medical textiles. Such as recently, in June 2024, Watakyu Vietnam, a textile product supplier for the healthcare industry, unveiled a USD 33 million factory in the southern province of Dong Nai, Vietnam, to meet the growing demand for medical textiles, thereby creating demand and driving the growth of the market.
Players continuously try to launch innovative products in Asia-Pacific. In April 2022, Toray Industries Inc. developed LIVMOA 4500AS disposable personal protective clothing and launched it in Japan. The product offers protection from chemical spray. The company says that LIVMOA 4500AS is the world's first clothing to be Type 4-compliant while delivering an air permeability of around 7 cc/cm2 per second.
In conclusion, the large patient population base, key product launches, and presence of a wide number of manufacturers are some of the factors driving the growth of the medical textiles market in Asia-Pacific.
Medical Textiles Industry Overview
The medical textiles market is fragmented due to several companies operating globally and regionally. Each entity contributes to this fragmentation through unique innovations, regional launches, partnerships with diverse organizations, and promotions across leading platforms. Some of the key players operating in the market are Medi GmbH & Co. KG, KOB GmbH, 3M, Precision Fabric Group, ATEX Technologies Inc., Bally Ribbon Mills, Freudenberg & Co. KG, Winner Medical, and Eastex Products LLC.
Medical Textiles Market Leaders
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ATEX Technologies, Inc.
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Bally Ribbon Mills
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Freudenberg & Co. KG
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Winner Medical
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medi GmbH & Co. KG
*Disclaimer: Major Players sorted in no particular order
Medical Textiles Market News
- March 2023: Pressio, a leading compression clothing brand, partnered with England Athletics. This partnership aims to design and redefine compression products for athletes and runners.
- August 2023: Medela launched Invia Integrated Dressing for wounds. The new sterile dressing is intended for all wound types, including closed surgical incisions.
Medical Textiles Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Innovations in Medical Textile Engineering
4.2.2 Rising Musculoskeletal Disorder and Sports Related Injuries
4.2.3 Increasing Awarness About the Prevention of Infection in Healthcare Industry
4.3 Market Restraints
4.3.1 Stringent Regulatory Standards
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Type of Textile Structure
5.1.1 Woven
5.1.2 Nonwoven
5.1.3 Braided
5.1.4 Knitted
5.2 By Biodegradability
5.2.1 Biodegradable
5.2.2 Non-biodegradable
5.3 By Application
5.3.1 Wound Care
5.3.2 Surgical
5.3.3 Health and hygiene
5.3.4 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 medi GmbH & Co. KG
6.1.2 KOB GmbH
6.1.3 3M
6.1.4 Precision Fabric Group
6.1.5 ATEX Technologies Inc.
6.1.6 Bally Ribbon Mills
6.1.7 Freudenberg & Co. KG
6.1.8 Winner Medical
6.1.9 Eastex Products LLC
6.1.10 Haren's MediPro AB
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Medical Textiles Industry Segmentation
As per the scope of the report, the textiles used for medical purposes are usually referred to as medical textiles. Medical textiles are specialized materials designed for medical applications, including wound care, surgical procedures, and hygiene products.
The medical textiles market is segmented by type of textile structure, biodegradability, application, and geography. By type of textile structure, the market is segmented into woven, nonwoven, braided, and knitted. In terms of biodegradability, the market is segmented into biodegradable and non-biodegradable. By application, the market is segmented into wound care, surgical, health and hygiene, and other applications. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD) for the above segments.
| By Type of Textile Structure | |
| Woven | |
| Nonwoven | |
| Braided | |
| Knitted |
| By Biodegradability | |
| Biodegradable | |
| Non-biodegradable |
| By Application | |
| Wound Care | |
| Surgical | |
| Health and hygiene | |
| Other Applications |
| Geography | ||||||||
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Medical Textiles Market Research FAQs
How big is the Medical Textiles Market?
The Medical Textiles Market size is expected to reach USD 29.30 billion in 2024 and grow at a CAGR of 4.70% to reach USD 36.80 billion by 2029.
What is the current Medical Textiles Market size?
In 2024, the Medical Textiles Market size is expected to reach USD 29.30 billion.
Who are the key players in Medical Textiles Market?
ATEX Technologies, Inc., Bally Ribbon Mills, Freudenberg & Co. KG, Winner Medical and medi GmbH & Co. KG are the major companies operating in the Medical Textiles Market.
Which is the fastest growing region in Medical Textiles Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Medical Textiles Market?
In 2024, the Asia Pacific accounts for the largest market share in Medical Textiles Market.
What years does this Medical Textiles Market cover, and what was the market size in 2023?
In 2023, the Medical Textiles Market size was estimated at USD 27.92 billion. The report covers the Medical Textiles Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Textiles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Medical Textiles Industry Report
Statistics for the 2024 Medical Textiles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medical Textiles analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
