Antimicrobial medical textiles market size to grow by USD 1,264.54 million between 2022 and 2027; Growth driven by the increasing healthcare spending worldwide - Technavio

NEW YORK, April 19, 2023 /PRNewswire/ -- The antimicrobial medical textiles market size is set to grow by USD 1,264.54 million from 2022 to 2027, progressing at a CAGR of 7.11% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing healthcare spending worldwide. The healthcare spending around the world includes government initiatives to encourage foreign direct investment (FDI) in the healthcare industry, expansion in emerging markets, advances in healthcare, and significant increases in labor costs, which will drive the market growth. Moreover, higher GDP growth rates in India and China will lead to higher healthcare expenditures in these countries, which is expected to drive the growth of the market during the forecast period. This will fuel the demand for antimicrobial medical textiles in the healthcare industry, driving the growth of the market during the forecast period. Here is an exclusive report about various market scenarios for the historical period (2017-2021) and forecast period (2023-2027). Download a Sample Report!

The antimicrobial medical textiles market covers the following areas:

Antimicrobial medical textiles market Sizing
Antimicrobial medical textiles market Forecast
Antimicrobial medical textiles market Analysis

Antimicrobial medical textiles market 2023-2027 - Market Dynamics

Trends

The demand for medical textiles that can withstand multiple washing and sterilizations is a key trend in the market. Healthcare facilities use high temperature washing and sterilization processes to combat HAIs.  Antimicrobial medical textiles are made from high temperature and chemical resistant materials and treated with antimicrobial agents to withstand these processes. In addition, some manufacturers are researching new techniques to improve the durability of antimicrobial medical textiles. As healthcare facilities continue to prioritize infection control, overall demand for antimicrobial medical textiles that can withstand multiple cleanings and sterilizations remains high. Such factors are likely to contribute to the growth of the global antimicrobial medical textile market during the forecast period.

Challenge

The inefficient recycling techniques are challenging the antimicrobial medical textiles market growth. The fibers used in antimicrobial medical textiles are heterogeneous and difficult to recycle. Vendors, end-users, and academic institutions have collaborated to develop a depolymerization technology for thermosetting matrices in medical fibers. The adhesives used to bond various types of polymer fibers can easily degrade, but the process is costly, energy-intensive, and often produces toxic waste. Also, the resulting products are of poor quality, which continues to be a major challenge for the medical textile market. 

Antimicrobial medical textiles market 2023-2027:

Segment Overview

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is segmented by product (non-woven, woven, and knitted), application (healthcare and hygiene products, non-implantable goods, and implantable goods), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

The non-woven segment will grow at a significant rate during the forecast period. The growth of this segment is driven by factors such as the antibacterial properties of these textiles are achieved by adding substances such as silver ions, copper ions and triclosan to the fibers. Nonwovens are also considered to be the most effective fabrics that can be used as a barrier against pathogens such as bacteria and viruses. Such factors will increase segment growth during the forecast period.

Geography overview
Based on geography, the global antimicrobial medical textiles market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global antimicrobial medical textiles market.

• North America will account for 29% of the market's growth during the forecast period. North America is the largest geographic segment in the global antimicrobial medical textiles market and will remain the largest segment due to the increasing number of surgeries and increasing medical expenditure during the forecast period. Countries such as the US and Canada have high-class medical facilities. The US market for antimicrobial medical textiles is the largest in the world, and major medical textile manufacturers based in the country are focused on improving the technology used in medical applications. Exports of antimicrobial medical textiles continue to grow as US manufacturers enter emerging markets around the world.

This report describes the key market analysis with the study, synthesis, and summation
of data from multiple sources - View a Sample Report

Companies Mentioned

The global antimicrobial medical textiles market is fragmented, with the presence of several global as well as regional vendors. The key players in the market are adopting strategic developments to increase their market share across the world. The key competitive criteria in the market are price, quality, and innovation. However, the ultimate purchase decision is based on the price. Some of the key layers are: 

• Aditya Birla Management Corp. Pvt. Ltd: The company offers viscose staple fiber, fertilizers, insulators, viscose filament yarn, branded apparel, carbon black, chemicals, financial services, and antimicrobial medical textiles.
• Baltex: The company offers antimicrobial medical textiles such as NPD 288 medical gown fabric.
• BASF SE: The company offers antimicrobial medical textiles such as Ultrason E.
• BIOCOTE Ltd.: The company offers antimicrobial medical textiles such as BioCote antimicrobial fabric hospital scrubs.
• Cardinal Health Inc.
• Dow Inc.
• Herculite Inc.
• Indorama Ventures Public Co. Ltd.
• KOB GmbH
• Milliken and Co.
• Noble Biomaterials Inc.
• PurThread Technologies Inc.
• Quick-Med Technologies Inc.
• Sanitized AG
• Sciessent LLC
• Sinanen Holdings Co., Ltd.

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings
• Get a holistic view of the market

Related Reports:

• The size of the medical textiles market is expected to increase to USD 6,097.14 million from 2022 to 2027, and the market's growth momentum will accelerate at a CAGR of 5.92%. This report extensively covers market segmentation by product (woven medical textiles, non-woven medical textiles, and knitted textiles), application (surgical, healthcare and hygiene products, and extracorporeal), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The size of the technical textiles market in Europe is expected to increase by USD 8.5 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.54%. This report extensively covers market segmentation by application (mobiltech, indutech, sporttech, buildtech, and others), and product (woven, composites, and nonwoven).

Gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Browse through Technavio's Consumer Discretionary Market Reports

Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global antimicrobial medical textiles market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global antimicrobial medical textiles market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Non-woven - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Non-woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Non-woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Non-woven - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Non-woven - Year-over-year growth 2022-2027 (%)

• 6.4 Woven - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Woven - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Woven - Year-over-year growth 2022-2027 (%)

• 6.5 Knitted - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Knitted - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Knitted - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Knitted - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Knitted - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ million)
• Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 48: Chart on Application - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 50: Chart on Comparison by Application
• Exhibit 51: Data Table on Comparison by Application

• 7.3 Healthcare and hygiene products - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Healthcare and hygiene products - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Healthcare and hygiene products - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Healthcare and hygiene products - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Healthcare and hygiene products - Year-over-year growth 2022-2027 (%)

• 7.4 Non-implantable goods - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Non-implantable goods - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Non-implantable goods - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Non-implantable goods - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Non-implantable goods - Year-over-year growth 2022-2027 (%)

• 7.5 Implantable goods - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Implantable goods - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Implantable goods - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Implantable goods - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Implantable goods - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 64: Market opportunity by Application ($ million)
• Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027 
• Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Aditya Birla Management Corp. Pvt. Ltd. 
• Exhibit 119: Aditya Birla Management Corp. Pvt. Ltd. - Overview
• Exhibit 120: Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
• Exhibit 121: Aditya Birla Management Corp. Pvt. Ltd. - Key offerings

• 12.4 Baltex
• Exhibit 122: Baltex - Overview
• Exhibit 123: Baltex - Product / Service
• Exhibit 124: Baltex - Key offerings

• 12.5 BASF SE
• Exhibit 125: BASF SE - Overview
• Exhibit 126: BASF SE - Business segments
• Exhibit 127: BASF SE - Key news
• Exhibit 128: BASF SE - Key offerings
• Exhibit 129: BASF SE - Segment focus

• 12.6 BIOCOTE Ltd.
• Exhibit 130: BIOCOTE Ltd. - Overview
• Exhibit 131: BIOCOTE Ltd. - Product / Service
• Exhibit 132: BIOCOTE Ltd. - Key news
• Exhibit 133: BIOCOTE Ltd. - Key offerings

• 12.7 Dow Inc.
• Exhibit 134: Dow Inc. - Overview
• Exhibit 135: Dow Inc. - Business segments
• Exhibit 136: Dow Inc. - Key news
• Exhibit 137: Dow Inc. - Key offerings
• Exhibit 138: Dow Inc. - Segment focus

• 12.8 Herculite Inc.
• Exhibit 139: Herculite Inc. - Overview
• Exhibit 140: Herculite Inc. - Product / Service
• Exhibit 141: Herculite Inc. - Key offerings

• 12.9 Indorama Ventures Public Co. Ltd. 
• Exhibit 142: Indorama Ventures Public Co. Ltd. - Overview
• Exhibit 143: Indorama Ventures Public Co. Ltd. - Business segments
• Exhibit 144: Indorama Ventures Public Co. Ltd. - Key offerings
• Exhibit 145: Indorama Ventures Public Co. Ltd. - Segment focus

• 12.10 Milliken and Co.
• Exhibit 146: Milliken and Co. - Overview
• Exhibit 147: Milliken and Co. - Product / Service
• Exhibit 148: Milliken and Co. - Key news
• Exhibit 149: Milliken and Co. - Key offerings

• 12.11 Noble Biomaterials Inc. 
• Exhibit 150: Noble Biomaterials Inc. - Overview
• Exhibit 151: Noble Biomaterials Inc. - Product / Service
• Exhibit 152: Noble Biomaterials Inc. - Key offerings

• 12.12 PurThread Technologies Inc. 
• Exhibit 153: PurThread Technologies Inc. - Overview
• Exhibit 154: PurThread Technologies Inc. - Product / Service
• Exhibit 155: PurThread Technologies Inc. - Key offerings

• 12.13 Quick-Med Technologies Inc. 
• Exhibit 156: Quick-Med Technologies Inc. - Overview
• Exhibit 157: Quick-Med Technologies Inc. - Product / Service
• Exhibit 158: Quick-Med Technologies Inc. - Key offerings

• 12.14 Sciessent LLC
• Exhibit 159: Sciessent LLC - Overview
• Exhibit 160: Sciessent LLC - Product / Service
• Exhibit 161: Sciessent LLC - Key offerings

• 12.15 Sinanen Holdings Co., Ltd. 
• Exhibit 162: Sinanen Holdings Co., Ltd. - Overview
• Exhibit 163: Sinanen Holdings Co., Ltd. - Product / Service
• Exhibit 164: Sinanen Holdings Co., Ltd. - Key offerings

• 12.16 Sono-Tek Corp.
• Exhibit 165: Sono-Tek Corp. - Overview
• Exhibit 166: Sono-Tek Corp. - Product / Service
• Exhibit 167: Sono-Tek Corp. - Key offerings

• 12.17 W.M. BARR Co. Inc.
• Exhibit 168: W.M. BARR Co. Inc. - Overview
• Exhibit 169: W.M. BARR Co. Inc. - Product / Service
• Exhibit 170: W.M. BARR Co. Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio