Biomedical Textiles Market is beat to USD
15000 million by 2023
The Report Global Biomedical Textiles Market by
Manufacturers, Countries, Type and Application, Forecast to
2023 provides information on pricing, market analysis, shares,
forecast, and company profiles for key industry participants.
Global Biomedical Textiles Market Synopsis:
According to Market Analyst, The Global Biomedical Textiles Market is expected to grow at an
impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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The Biomedical Textiles industry has also suffered a certain impact, but still maintained a relatively
optimistic growth, the past four years, Biomedical Textiles market size to maintain the average annual
growth rate of 0.0310063540798 from 9700.0 million $ in 2014 to 11300.0 million $ in 2018, Market
analysts believe that in the next few years, Biomedical Textiles market size will be further expanded, we
expect that by 2023, The market size of the Biomedical Textiles will reach 15000.0 million $.
Biomedical textiles include those implantable on a patient such as arterial grafts, artificial skin and other
organs, sutures and ligatures, and artificial repair fabrics. Hence, biomedical textiles can be defined as
materials comprising of fibers that are specially designed for use in specific biological conditions,
wherein biocompatibility and bio-stability with cells and biological environment are the factors
determining the performance of biomedical textiles.
Some of the significant factors driving the growth of the Global Biomedical Textiles Market are the rising
number of surgeries, rapid growth in aging population, high quality of biomedical textiles, and growing
need for advanced wound dressing materials.
Global Biomedical Textiles Market has been segmented on the Basis of Fabric Type, Fiber Type,
Application and Region. In the Fabric Type segment, Biomedical textiles can be sub segmented into Non-
Woven, Woven, Others. The non-woven fabric market is projected to register the highest CAGR during
the forecast period. The demand for non-woven fabrics in biomedical textiles is mainly driven by their
increased use in light support, bandages, artificial skin, orthopedic implants, plaster, gauzes, and others.
Regionally, The Asia Pacific region is projected to be the fastest growing market for biomedical textiles
between 2019 and 2023. The emerging markets of APAC, such as China, India, and Singapore with