Disposable Medical Textiles Market - Forecast(2024 - 2030)
Disposable Medical Textiles Market Overview
Disposable
Medical Textiles Market size is forecast to grow at a CAGR of 8.2% during 2021-2026 due to the increased awareness for better
healthcare treatment by consumers. Disposable medical textiles are used in incontinence diapers,
sanitary napkins, medical packaging, baby diapers, wound dressing, surgical
dressing, and others. Thus, the growing pharmaceutical industry is expected to
drive the demand for disposable medical textiles. According to India Brand Equity
Foundation (IBEF), India’s domestic pharmaceutical market is estimated at US$
41 billion in 2021. The sector is also expected to reach US$ 65 billion by 2024
and ~US$ 120-130 billion by 2030. Thus, growth in the prevalence of
chronic diseases such as coronary heart disease, high cholesterol, combined
with concerns regarding life expectancy and wellbeing is expected to increase
the disposable medical textiles industry.
Impact of COVID-19
However, during the year 2020, major sectors saw a steady decline in growth owing to the decrease in transportation during the lockdown pandemic. But due to COVID-19, the medical sector saw growth during the pandemic. The rise in consumer awareness pertaining to the importance of disposable textiles such as face masks, and the surge in social media marketing to encourage a positive attitude towards using disposable medical textiles is growing
Disposable Medical Textiles Market Report Coverage
The
report “Disposable Medical Textiles
Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis
of the following segments of the Disposable Medical Textiles Industry.
By
Fabric: Woven, Knitted
(Polyamide, Polyester, Cotton, Others), and Non-Woven (Rayon, Polypropylene,
Polyethylene, Others)
By
Application: Healthcare
Textiles (Surgical Gowns, Wound Dressing, Operating Room Drapes, Sterilization
Wraps, Face Masks, Hospital Beddings & Curtains, Shoe Coverings, Others), Surgical
dressing, Medical Implants and Devices, Medical Packaging, Hygiene Products
(Sanitary Pads, Wipes, Bandages, Electrostatic Disposable Duster, Diapers, Others),
and Others
By Geography: North America (USA,
Canada and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands,
Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South
Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of
Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of
South America), and RoW (Middle East and Africa)
Key Takeaways
- North America dominates the market of disposable medical textiles market due to the increasing investment in the number of surgeries and technological advancements in the medical sector in the United States, Mexico, and Canada.
- According to the American Society for Aesthetic Plastic Surgery (ASAPS), in the United States, patients were spent US$ 761 million on breast lift surgery, US$ 358 million on eyelid surgery, and US$ 1.1 billion on silicone breast implant surgery in 2018.
- Increasing consumption of non-woven disposable medical textile for drug delivery devices, wound dressing, face masks, baby pillows, medical packaging, shoe covers, tissue scaffolds, surgical dressing, and others is expected to grow the demand for medical textiles.
Figure: North America Disposable Medical textiles Market, 2021-2026 (US$ Million)
For More Details on This Report - Request for Sample
Disposable Medical Textiles Market Segment Analysis – By Fiber Type
Non-woven
fiber type segment held the largest share in global demand for disposable
medical textiles during the projected years, as it provides prevention and
control cross-infection at a comparatively lower cost. Thus, it is widely used
in healthcare textile applications such as surgical gowns, wipes, hygienic
products, and others. Polypropylene is a nonwoven fiber, which has excellent
absorbency and good control of permeability; thus, it is used for implantable
devices. However, nonwoven medical textiles have become indispensably important in
surgeries and medicine, which is expected to drive the demand for disposable
nonwoven fiber in the medical textile industry.
Disposable Medical Textiles Market Segment Analysis – By Application
The
Healthcare textile application segment has dominated the market for disposable medical
textiles market in 2020 and is growing at a CAGR of 7.8% during 2021-2026. Growing demand for surgical treatment, artificial
tissue, medical packaging, and others will push the demand for disposable
medical textile. Medical textile has flame resistance, toxicity, tactile softness,
liquid barrier properties, static safety, abrasion resistance, and liquid
repellency are the main requirements for healthcare application such as wound
dressing and surgical dressing. Thus, the increasing healthcare sector is
expected to boost the market size during the era. According to the India Brand
Equity Foundation (IBEF), the healthcare market is expected to increase by Rs.
8.6 trillion (US$ 133.44 billion) by 2022, which, in turn, is expected to drive
the demand for disposable medical textiles.
Disposable Medical Textiles Market Segment Analysis – By Geography
North America dominated the disposable medical textiles market with more than 43% in 2020 due to increasing healthcare expenditure, aging population growth, and technological developments in the region. Growing government investment in the sector is also expected to fuel the growth of the medical textile industry. According to the National Healthcare of United States, healthcare spending increased 4.6 percent to reach $3.8 trillion in 2019. Furthermore, according to the international trade administration, in Mexico, the medical devices and supplies reached US$ 4.9 billion in 2019, and the pharmaceutical market was US$ 2.5 billion in 2019. Hence, all such factors are expected to grow the disposable medical textiles market.
Disposable Medical Textiles Market Drivers
Growing demand for Medical Textiles
The booming pharmaceutical and healthcare industry, along with increasing concern towards health awareness will expect to drive the demand for medical textiles. Surgical gowns are woven cotton allows the release of particles from the surgeons and contamination generating high levels of dust. Nonwoven fibers are led to urinary incontinence problems. Thus, medical textiles are preferred in diapers, sanitary napkins, and baby diapers, bandages, surgical dressing, and others, which is expected to drive the demand for medical textiles.
Rising Cases of Hospital Acquired Infections
According to the Centers for Disease Control (CDC), hospital-acquired infections is estimated 1.7 million infections and 99,000 associated deaths every year, in which, 32 % are urinary tract infections, 22 % are surgical site infections, 15% are lung infections, and other infections. Thus, Healthcare-acquired infections (HAIs) occur in hospitals, surgical centers, and ambulatory clinics for long-term care healthcare facilities which, in turn, is expected to drive the demand for medical textiles.
Disposable Medical Textiles Market Challenges
Volatility in Raw Material Prices
Polyethylene, polypropylene, and polyester are a fiber type that is used in the medical textile industry. These are derived from crude oil. Hence, the fluctuation in crude oil prices may hamper the production of disposable nonwoven fibers. According to BP static, Oil prices declined US$64.21/bbl in 2019 as compared with US$71.31/bbl in 2018. Thus, due to fluctuation of oil prices may hampering the prices of medical fibers, which may hamper the disposable medical textile market.
Disposable Medical Textiles Market Landscape
Technology
launches, acquisitions, and R&D activities are key strategies adopted by players
in the Disposable Medical Textiles Market. Major players in the Disposable
Medical Textiles Market are Medtronic (Covidien), J&J, Ahlstrom, Braun, Dupont,
3M, Cardinal Health, KOB Medical Textiles Private Limited, TWE Group, Techtex, and
among others.
Acquisitions/Product launches:
- In 2020, Techtex, a member of Romanian Furniture manufacturer Taparo Group, launched two more automated technological lines for manufacturing surgical masks. Taparo announced it would invest €20 million in Techtex to transform it into the first medical textile factory with full Romanian capital. The company will invest €20 million in a brand new factory to produce the third lawyer of surgical masks, which it currently imports.
Relevant Reports
Fermenter Market – Forecast (2021 - 2026)
Report Code:
HCR 0213
Biopsy Needles Market - Forecast(2021 - 2026)
Report Code: HCR 0410
For more Lifesciences and Healthcare Market reports, please click here