Market Trends of Medical Textiles Industry
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.
