Russia Medical Textile Market Size & Outlook, 2019-2028
Russia medical textile market, 2017-2028 (US$M)
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Russia medical textile market highlights
- The Russia medical textile market generated a revenue of USD 563.4 million in 2019 and is expected to reach USD 857.3 million by 2028.
- The Russia market is expected to grow at a CAGR of 4.8% 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 563.4 million |
| Market revenue in 2028 | USD 857.3 million |
| Growth rate | 4.8% (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, Russia accounted for 3.2% 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 |
|---|
Russia 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 34.06% in 2019. Horizon Databook has segmented the Russia 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.
Growing production of nonwoven face masks and protective equipment in the wake of the COVID-19 pandemic is expected to drive the demand for medical textiles in Russia.
Furthermore, investments by government agencies, such as the Ministry of Industry and Trade, in the research & development of new types of nonwoven materials in collaboration with research institutes are expected to benefit the market growth over the forecast period.
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Target buyers of Russia 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 country-level data and insights on the Russia medical textile market , including forecasts for subscribers. This country databook contains high-level insights into Russia medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Russia medical textile market size, by application, 2017-2028 (US$M)
Russia Medical Textile Market Outlook Share, 2019 & 2028 (US$M)
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