The global Biomedical Textiles Market size was USD 13.75 Billion in 2021 and is expected to have a CAGR of 5.7% in revenue growth during the forecast period. The major driver for market growth is the increasing development of smart biomedical textiles. Biomedical smart clothes have embedded textile systems that measure respiration, posture, oxygen saturation, and electrocardiograms. Healthcare smart clothing includes e-textiles woven with electronics that provide patient care functions, which offer healthcare providers real-time patient information and alert them to possible warning signs. Other drivers of market growth are high demand for advanced wound dressings and the use of non-biodegradable fibers in the development of biomedical textiles that are designed to close exposed wounds. North America is expected to account for the largest revenue share in the global market due to an increasing number of daily tests and surgeries, investments by companies for developing high-performance biomedical textile structures, and the increasing geriatric population. The report has segmented the global biomedical textiles market based on fiber type, fabric type, application, end-use, and region.
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Some companies that operate in the biomedical textiles market include:
- Bally Ribbon Mills
- DSM Biomedical
- Secant Group
- Confluent Medical Technologies
- W.L. Gore Associates
- ATEX Technologies
- Meister Cie AG
- Elkem Silicones
- Vestagen Protective Technologies
- BSN Medical
- Medtronic
- Johnson Johnson
- Zimmer Biomet
- Stryker
- Boston Scientific
- Abbott Laboratories
- Ethicon (a subsidiary of Johnson Johnson)
- Cardinal Health
- 3M Healthcare
- Molnlycke Healthcare
- Smith Nephew
- Integra Lifesciences
- Coloplast
- Hollister
- Mölnlycke Healthcare
The notable innovation of Biomedical Market:
There have been several notable innovations in the biomedical textiles market, including the development of smart textiles that can monitor patient health and provide real-time information to healthcare providers. Other innovations include the use of non-biodegradable fibers in the development of biomedical textiles for wound closure and the use of non-woven fabrics for surgical sutures, bandages, and implant applications. Additionally, there has been increasing research into the use of silk-based biomaterials for biomedical textiles, as they have shown promise in terms of their mechanical properties, degradability, and biocompatibility.
The biomedical textiles market is influenced by various factors, including:
Advancements in medical technology, increasing demand for advanced wound care products, rising prevalence of chronic diseases such as diabetes and cardiovascular diseases, and the growing geriatric population. Other factors such as the increasing demand for non-invasive medical procedures, government initiatives to promote healthcare infrastructure development, and growing awareness regarding the benefits of using medical textiles are also expected to drive the growth of the biomedical textiles market. On the other hand, factors such as high cost associated with advanced medical textiles and stringent regulatory requirements may hinder market growth to some extent.
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