Antimicrobial Medical Textiles Market Growth & Trends
The global antimicrobial medical textiles market size is expected to reach USD 1.07 billion by 2030, expanding at a CAGR of 4.2%. Rising prevalence of chronic diseases, an upsurge in the nosocomial infections worldwide, and growing awareness towards better healthcare practices are projected to fuel the demand for the product over the forecast period.
Application of polymeric materials for medical textiles is growing at a very fast pace. Polymers have found its applications across varied biomedical fields such as implantation of medical devices and artificial organs, tissue engineering, prostheses, dentistry, bone repair, ophthalmology and many other fields.
Rising awareness about advantages of antimicrobial textiles coupled with rising focus towards hygiene in hospitals is expected to augment development. However, stringent regulatory policies regarding use of these materials in Europe and North America is likely to restrain growth.
Antimicrobial Medical Textiles Market Report Highlights
- Metallic salts segment dominated the overall market in 2023 accounting for a share of about 58.1%, in terms of revenue. Metallic salts enhance the anti-microbial activity by killing microbes that bind to intracellular proteins and inactivates them. The various metals used for improving the antimicrobial properties are copper, silver, zinc and cobalt. Development of advanced materials such as nano-silver is expected to propel the demand over the forecast period.
- The healthcare and hygiene products segment is expected to witness a significant growth rate due to the growth in the healthcare industry. These products are being increasingly used in operation theaters or hospital wards for safety, hygiene, and care of staff and patients. These are also being used as bed sheets and curtains in the hospitals, in order to prevent infection. Non-implantable goods segment is likely to witness significant growth on account of rising demand for antimicrobial wound dressing and bandages. They are majorly used as absorbent, protective and covering for diseased or injured part.
- North America dominated the antimicrobial medical textiles market, with a market share of 40.3% in 2023. The growing number of surgeries and other medical practices has resulted in the positive growth of this market.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Antimicrobial Medical Textiles Market Variables, Trends, & Scope
Chapter 4. Antimicrobial Medical Textiles Market: Finishing Agent Estimates & Trend Analysis
Chapter 5. Antimicrobial Medical Textiles Market: Application Estimates & Trend Analysis
Chapter 6. Antimicrobial Medical Textiles Market : Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- Indorama Ventures Fibers Germany
- Microban International
- Dow
- BioCote Limited
- Annovotek LLC
- Herculite
- PurThread Technologies
- Sciessent LLC
- Quick-Med Technologies Inc.
- Sinanen Zeomic Co. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 743.6 Million |
| Forecasted Market Value ( USD | $ 1070 Million |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
