Europe Medical Textile Market Size & Outlook, 2019-2028
Europe medical textile market, 2017-2028 (US$M)
Related Markets
Europe medical textile market highlights
- The Europe medical textile market generated a revenue of USD 5,457.8 million in 2019.
- The market is expected to grow at a CAGR of 4.2% from 2020 to 2028.
- In terms of segment, implantable goods was the largest revenue generating application in 2019.
- Healthcare & Hygiene Products is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2020 to 2028.
Europe data book summary
| Market revenue in 2019 | USD 5,457.8 million |
| Market revenue in 2028 | USD 7,906.9 million |
| Growth rate | 4.2% (CAGR from 2019 to 2028) |
| Largest segment | Implantable goods |
| Fastest growing segment | Healthcare & Hygiene Products |
| Historical data covered | 2017 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Goods, Non-implantable Goods, Healthcare & Hygiene Products |
| Key market players worldwide | Anterix Inc, Freudenberg, Trelleborg AB ADR, Indorama Ventures PCL ADR, Fitesa, Schouw & Co., Kimberly-Clark Corp, Partners Group Holding AG, Bally Ribbon Mills, Herculite Products Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.8% of the global medical textile market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,951.3 million by 2028.
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Medical Textile Market Scope
Medical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe medical textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical textile market will help companies and investors design strategic landscapes.
Implantable goods was the largest segment with a revenue share of 34.66% in 2019. Horizon Databook has segmented the Europe medical textile market based on implantable goods, non-implantable goods, healthcare & hygiene products covering the revenue growth of each sub-segment from 2017 to 2028.
Rise in the nonwoven fabric production in several European countries to cater to the demand for face masks and other protective equipment in healthcare facilities amid the COVID pandemic times is expected to drive the market growth of medical textiles market.
The increase in usage of implants and bandages and protective coverings for wounds couped with the rise in the number of cosmetic surgeries in several European nations is expected to propel the growth of medical textiles market over the forecast period.
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Target buyers of Europe medical textile market databook
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Our clientele includes a mix of medical textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical textile market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe medical textile market size, by country, 2017-2028 (US$M)
Europe Medical Textile Market Outlook Share, 2019 & 2028 (US$M)
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