Italy Medical Textile Market Size & Outlook, 2019-2028
Italy medical textile market, 2017-2028 (US$M)
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Italy medical textile market highlights
- The Italy medical textile market generated a revenue of USD 479.4 million in 2019 and is expected to reach USD 776.1 million by 2028.
- The Italy market is expected to grow at a CAGR of 5.5% 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.
Medical textile market data book summary
| Market revenue in 2019 | USD 479.4 million |
| Market revenue in 2028 | USD 776.1 million |
| Growth rate | 5.5% (CAGR from 2019 to 2028) |
| Largest segment | Implantable goods |
| Fastest growing segment | Healthcare & Hygiene Products |
| Historical data | 2017 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Italy accounted for 2.7% of the global medical textile market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany medical textile market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 776.1 million by 2028.
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Medical Textile Market Scope
Medical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 33.85% in 2019. Horizon Databook has segmented the Italy 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.
The medical textile market in Italy is driven by the rising investments by the government to boost local production of face masks and other protective equipment in partnership with private players on account of the COVID-19 pandemic. Several fashion brands such as Gucci, Saint Laurent, and Balenciaga are investing in setting up production lines for face masks, thus benefitting the market growth.
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Our clientele includes a mix of medical textile market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy medical textile market , including forecasts for subscribers. This country databook contains high-level insights into Italy medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy medical textile market size, by application, 2017-2028 (US$M)
Italy Medical Textile Market Outlook Share, 2019 & 2028 (US$M)
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