Disposable Medical Textiles Market size was estimated at $774.1 Million in 2019 and is expected to reach $1,067.6 Million by 2027, growing at a CAGR of 4.7% during the forecast period of 2020 to 2027.
Disposable medical textiles essentially include surgical gowns, gloves, drapes, masks for face, dresses for patients and medical personnel, however, as the name suggests, they are disposable, there are reusable ones out there too. It is used widely in the medical industry, the hospitals, clinics, operation theatres, and other components.
The market for these is encountering a strong demand due to the rise in awareness for better and advanced healthcare practices. additionally, the rise in the elderly population along with technological advances globally and health consciousness increase is anticipating to further catapult the market for disposable medical textiles. Moreover, ever since the growth in prevalence of chronic diseases like coronary heart diseases, high cholesterol, poor lifestyle, concerns over life expectancy, and rapid increase in health issues worldwide fuels the market at a whole level.
Another flip side of the coin is the reduction in the number of necessary healthcare services in locales such as the middle east, and Africa is anticipated to restrain the demand of its market. Additionally, tough and widespread competition amongst the manufacturers which operate in the Asia Pacific region from Europe for e.g. in France and the UK on account of fluctuating raw material supply and a dearth of skilled labor is also anticipated to be another specific factor restraining the market growth.
Disposable Medical Textiles Market Growth and Trends
Medical textile products act in the same capacity in treating and preventing medical problems of patients. Moreover, disposable nonwovens have become highly popular in medicinal applications because of its property of prevention and control of cross infection, comfort, protection, easy care, and relatively lower costs, and they play a key role in the manufacture of surgical gowns, masks, and other wearable products, such as pads, surgical drapes, filtration materials, and dressings. The nonwoven products can be reused after sterilization and cleaning and are also disposable thus witnessing high demand with a rise in awareness for improved healthcare practices. In addition, the rise in geriatric population along with ongoing technological advancements and rise in health consciousness is further expected to expedite the market growth. Huge investment in medical textiles on a global scale, especially in Asia-Pacific, is expected to bolster the market growth. The rising prevalence of chronic ailments such as coronary heart diseases, high cholesterol, and concerns over life expectancy and health further fosters the market growth in the forthcoming years. With a rise in budget for medical equipment and facilities by governments across the globe, there is a direct correlation between the necessity and utility that drives the demand for disposable medical textile products in the medical or healthcare sector. Considering the current pandemic situation, the rate of demand is constantly on the rise, thus effectively bringing about rapid growth in the medical textile market.
However, extensive competition encountered by manufacturers operating in the Asia-Pacific region from those in European regions such as France and UK on account of fluctuating raw material supply and lack of skilled labour is expected to be a factor declining the market growth. Further, lack of necessary healthcare services in regions such as Africa and Middle East is expected to deter the market demand.
Disposable Medical Textiles Market Competition
Key companies operating in this industry are J&J, Medtronic（Covidien）, Ahlstrom, Braun, DowDuPont, 3M, Cardinal Health, KOB, TWE, Techtex, Medline, Dynarex, Hakuzo, Smith-nephew, Vilene, Medpride, Winner Medical, ALLMED, JianErKang Medical, Zhejiang zhengde medical and WU HAN DI YUAN.
• Disposable Medical Textiles Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Disposable Medical Textiles Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Non-woven fabrics
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Medical protection
• Surgical dressing
Country (Revenue, USD Million, 2020 - 2027)
• United States
• South Korea
• Rest of Asia Pacific
• Rest of Europe
• Rest of South America
The Middle East and Africa
• Saudi Arabia
Disposable Medical Textiles Market Companies
• Cardinal Health
• Winner Medical
• JianErKang Medical
• Zhejiang zhengde medical
• WU HAN DI YUAN
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