Antimicrobial Medical Textiles Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe
global antimicrobial medical textiles market is expected
to reach USD 799.7 million by 2024, according to a new report by Grand View
Research, Inc. 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.
Further key
findings from the report suggest
- Metallic salts
based medical textiles dominated the overall market in 2015 accounting for
a share of about 55%, 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.
- Antimicrobial
medical textiles demand from healthcare and hygiene products accounted for
the largest market share of about 40% in 2015. 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.
- Europe
dominated the overall market with a share of over 40% in 2015. Growing
population, changing consumer attitudes towards health & hygiene, and
availability of new medical technologies is expected to have a positive
impact on the demand over the forecast period.
- Key
participants include Trevira GmbH, Microban International, Biocote Ltd.,
Annovotek LLC, Herculite, PurThread Technologies, and Surgicotfab Textile
Pvt. Ltd. The global antimicrobial medical textiles market is being
dominated by a limited number of big multinational companies that possess
the caliber of bringing innovations to the global market. The key
strategies being adopted by the companies include high R&D investment
and alliances with domestic players in order to capture the regional
markets.
Access
full research report on global antimicrobial medical textiles market:
www.grandviewresearch.com/industry-analysis/antimicrobial-medical-textiles-market
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Created on Dec 31st 2019 00:09. Viewed 361 times.