Medical Textiles Market Is Gigantic to Earn 18500 Million US$ by the End of 2025 : Medtronic (Covidien), Johnson & Johnson, 3M

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Los Angeles, CA -- (SBWire) -- 04/26/2019 --Medical Textiles are used in hygiene, health and personal care, as well as in surgical applications. These products include: wipes, baby and adult diapers, adult sanitary and incontinence products, as well as, medical and surgical products, such as operating gowns, operating drapes, sterilization packs, dressings, sutures and orthopedic pads.

In the last several years, global market of medical textiles developed stably, with an average growth rate of 8%. In 2015, the global production of medical textiles reached 3258 K MT.

With developed manufacturing technology and low labor cost, China is the largest supplier, with the production market share over 32% in 2015, and other Asian regions also accounted for over 34% market share globally.

Europe accounted for over 34% of market size in 2015. The market is developed in Europe due to the mature healthcare sector, growing consumer demand for improved healthcare facilities. North America is the second largest regional segment accounting for over 29% of the global market volume in 2015. Meanwhile, China and other Asia regions demand is projected to witness a high growth rate of over 10% due to increasing penetration of disposable baby diapers and feminine hygiene products.

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Non-woven textile dominated the global medical textiles market, accounting for over 57% of global volume in 2015. This segment is projected to gain market share over the forecast period, due to high performance characteristics such as easy disposability, cost-effectiveness and reduced danger of cross-contamination.

Healthcare & hygiene products and non-implantable goods application segments together accounted for a share of nearly 60% in 2015. Healthcare and hygiene products are rapidly gaining popularity in the developing regions including Asia Pacific, Latin America, and the Middle East due to rising healthcare infrastructure.

The global Medical Textiles market was 12200 million US$ in 2018 and is expected to 18500 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2019 and 2025.

This report studies the Medical Textiles market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Medical Textiles in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Medtronic (Covidien)

Johnson & Johnson

3M

BSN medical

Smith & Nephew

Molnlycke

Medline

Dupont

Cardinal Health

B. Braun

Allmed Medical

Ahlstrom

Winner Medical

Lohmann & Rauscher

JianErKang

Hakuzo

KOB

TWE Group

Zhende Medical

Vilene

Medpride

Techtex

By the product type, the market is primarily split into

Non-woven Fabric

Woven Fabric

Knitted Fabrics

By the end users/application, this report covers the following segments

Implantable Goods

Non-implantable Goods

Healthcare & Hygiene Products

Other

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