Global Medical Textiles Market was projected at USD 17,686.9 million in 2020 and is projected to grow at a CAGR of 5.3 % by 2025.
Major Competitors in the market involves ATEX TECHNOLOGIES, Bally Ribbon Mills, Cardinal Health, Inc., Kimberly-Clark Corp.,
April 2020, Bally Ribbon Mills (BRM), announced it is manufacturing urgently needed narrow woven structural tapes and elastics for use in a range of medical items required for the current COVID-19 emergency. The First Quality Enterprises, Inc. tapes and elastics are used by manufacturers of facemasks, face shields, gowns, other personal protective equipment (PPE), and medical patient soft goods, as well as patient slings. BRM offers ¼- to ½-inch woven tapes and webbing in natural polyester and elastic. Latex free options are available, as well as material with 100 percent elastic stretch.
Oct 2020, Mölnlycke launched of the innovative Biogel PI UltraTouch S surgical glove, which addresses the problem of allergic contact dermatitis among surgical teams. Product line, Biogel PI UltraTouch S surgical gloves have been designed with a new skin-friendly formula that is clinically proven to minimize the risk of allergic contact dermatitis in the operating room.* It is the first surgical glove to be cleared by the FDA to reduce the potential for sensitizing users to chemical additives.
Nov 2020, MedTech Europe (the European trade association for the medical technology industry of which Medline is a member) published a statement warning about counterfeit products, fraudulent web activity and falsified or misleading certificates since the outbreak of COVID-19. In addition, their statement aims to raise awareness about this risk of acquiring products of substandard quality that do not comply the required safety and performance standards.
By Product market has segmented into Surgical Gowns, Operating Room Drapes, Sterilization Wraps, Face Masks, Staff Uniforms, Hospital Beddings and Curtains, Wipes. Based on application, the industry has been classified into implantable goods, non-implantable goods, healthcare & hygiene products, and others. Geographically it has been segmented in to North America, Europe, Asia-Pacific and RoW. Among these North America is largest region in all other than regions. This is attributed to increase the industrialization of medical textile, advance technology. Also increasing number of accidents is expected to propel the growth of this market in North America. 3 million people in US are injured every year in car accidents. Further Europe is a second largest region in medical textile market where population and urbanization has increased in this region. New medical developments are also responsible for increasing the market in the 2019.
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