This market report involves the drivers and restraints for Global Biomedical Textiles Market that are derived from SWOT analysis and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market are by systemic company profiles. The market data within the report is displayed in a statistical format to offer a better understanding upon the market dynamics. This report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market
The Global Biomedical Textile Market is expected to reach USD 17.01 Billion by 2025, from USD 11.08 Billion in 2017 growing at a CAGR of 5.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Biomedical Textiles Market, By Usage (Non-Biodegradable Fiber, Biodegradable Fiber and others), By fabric type (Non-Woven Fabric, Woven Fabric), By Application (Non-Implantable, Surgical Sutures, others), By End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Some of the major players operating in the global biomedical textile market are:-
- Royal DSM,
- Medtronic ,
- Integra LifeSciences Corporation,
- Freudenberg & Co. KG,
- Bally Ribbon Mills,
- Atex Technologies,
- Vestagen Protective Technologies Inc,
- Confluent Medical Technologies,
- Elkem Silicones,
- US BioDesign,
- Nitto Denko Corporation.
- Kimberlay clark, Molnlycke,
- Rochal Industries LLC.
- 3M Company.
- Meister & Cie AG,
- Biomedical Structures LLC,
- among others
This market report defines the market trends and forecast the upcoming opportunities and threats of the biomedical textile market in the next 8 years. Biomedical textile is a class of fibers consists of non-woven fabric that contains growth and differentiation factors for wound dressing. These medical fibers are designed in such a way that they accelerate the wound healing and tissue regeneration. They are mainly used in the skin injuries, skin graft, diabetic ulcers, and others. Suitable raw materials are used for medical fiber such as collagen, gelatin, fibrin, casein or polysaccharides such as dextran, cellulose, starch as well as polymers such as polylactide, polyglycolide, or polycaprolactone. In March 2011, Biomedical Structures, LLC acquired medical textile manufacturer Concordia Medical, LLC. A silicone coated substrate in the wound dressing was developed by the KCI in USA. In May 2015, Elkem silicones entered into the partnership with bluestar silicones for distribution of silicone elastomers for all countries and applications outside China. This strategic integration steered the distribution channels for silicones business with China National Bluestar Group. In December 2016, Mölnlycke Health Care enters made a licensing agreement with Rochal Industries. The licensing agreement includes skin protectant products, next generation antimicrobial barrier film and wound dressing with safetac technology.
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Major Market Drivers:
- Increase number of surgeries, skin graft and skin injuries
- Increase in the geriatric population.
- Increase in the demand of the utilization of wound care products like orthopedic implants, plaster, gauzes.
- Increased investment in research and development of biomedical textiles
- Downward pricing pressure owing to its commodity nature
- Increase in high quality dressing materials like adhesives and bandages.
The Global Biomedical Textile Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biomedical textile market for global, Europe, North America, Asia Pacific and South America.
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