Global Biomedical Textiles Demand Is Forecast To Surge At A CAGR Of 5% Through 2032, States Fact.MR | BioSpace

2022-07-23 00:27:20 By : Mr. lou chunhui

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Fact.MR – A Market Research and Competitive Intelligence Provider: The global market for biomedical textiles surged at a CAGR of 4% from 2017 to2021. Changing lifestyles and growing awareness about health & hygiene have increased the demand for biomedical textiles that have antibacterial, anti-fungal, and easy healing properties.

Demand for biomedical textiles has grown during the pandemic, owing to the fact that, with the use of biomedical textiles, damaged tissues or organs can be treated. This is a result of advanced medical inventions related to biomedical textiles.

Biomedical textiles are fibrous structures designed for use in specific biological environments. The fibers used in these textiles should possess antimicrobial, fire-resistant, non-allergic, and non-carcinogenic properties. They are produced using weaving, non-weaving, and knitting technologies for surgical sutures, implantable, extracorporeal devices, and non-implantable applications.

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Growing healthcare industry on account of rising healthcare budgets, increasing health awareness, and rising healthcare expenditure are likely to drive the global biomedical textiles industry over the forecast period 2022-2032.

The marketing of biomedical textiles is the biggest challenge for biomedical textiles manufacturers, as the majority of these products have to be marketed directly to hospitals. The hospitals have their own set of standards in terms of color, shape, and size of biomedical textiles, such as non-implantable disposables. In addition, the working capital cycle, especially in government hospitals is long, resulting in the delay of payments. Thus, the marketing of biomedical textiles remains one of the major challenges.

Key Takeaways from Market Study

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The key participants are into extensive research to keep themselves affable in the biomedical textiles market.

Global Biomedical Textiles Market- In-Depth Assessment on Key Segments

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Fact.MR, in its new offering, presents an unbiased analysis of the global biomedical textiles market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by fabric (non-woven, woven, and knitted), by product (Analyzer Biomedical textiles and Consumable Biomedical textiles), by fiber (biodegradable and non-biodegradable), by application (implantable applications, non-implantable applications, and surgical sutures applications), by end-use (neurology, ophthalmology, general surgery, and orthopaedics), and by region (North America, LATAM, Europe, East Asia, South Asia & Oceania, and MEA).

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