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Attractive Opportunities in Medical Textiles Market by Application, Product, and Geography – Forecast and Analysis 2021-2025
Attractive Opportunities in Medical Textiles Market by Application, Product, and Geography – Forecast and Analysis 2021-2025
43% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for medical textiles in APAC. Market growth in this region will be faster than the growth of the market in regions.
The potential growth difference for the medical textiles market between 2020 and 2025 is USD 3.36 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
Market Driver
Market Challenges
The growing demand for non-woven medical textiles and expanding elderly population are some of the key market drivers. However, factors such as fluctuating crude oil prices will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The medical textiles market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
The medical textiles market report is segmented by Product (woven medical textiles, non-woven medical textiles, and knitted textiles), Application (surgical, healthcare and hygiene products, and extracorporeal), and Geography (APAC, Europe, North America, South America, and MEA). The medical textiles market share growth by the woven medical textiles segment will be significant for revenue generation. The growing demand for healthcare and hygiene products for medical applications is expected to heighten the demand for medical textiles.
Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the medical textiles market size and actionable market insights on each segment.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with Key Offerings
The medical textiles market is fragmented and the vendors are deploying growth strategies such as M&A, joint ventures, and product launches to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Ahlstrom-Munksjo Oyj – The company offers medical textiles products such as PureArmor, ViroSel, and VaporCool.
Asahi Kasei Corp. – The company offers medical textiles products such as Bemberg, ROICA, and A-cubic.
Cardinal Health Inc. – The company offers medical textiles products such as Surgical Drapes and Surgical Gowns.
Freudenberg Performance Materials Holding SE and Co. KG – The company offers medical textiles products such as Evolon.
Getinge AB – The company offers medical textiles products such as Intergard Knitted, Hemagard Knitted, and Intergard Knitted Ultrathin.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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Medical Textiles Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 5.01%
Market growth 2021-2025
USD 3.36 billion
Market structure
Fragmented
YoY growth (%)
4.75
Regional analysis
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 43%
Key consumer countries
US, China, India, Germany, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Ahlstrom-Munksjo Oyj, Asahi Kasei Corp., Cardinal Health Inc., Freudenberg Performance Materials Holding SE and Co. KG, Getinge AB, Kimberly-Clark Corp., KOB GmbH, Schouw and Co., TWE GmbH and Co. KG, and Tytex AS
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Source:https://www.prnewswire.com/news-releases/medical-textiles-market-to-grow-by-usd-3-36-bn-growing-demand-for-non-woven-medical-textiles-to-boost-market-growth–17000-technavio-research-reports-301449057.html
