UK Medical Textile Market Size & Outlook, 2019-2028

The medical textile market in UK is expected to reach a projected revenue of US$ 1,843.6 million by 2028. A compound annual growth rate of 5.2% is expected of UK medical textile market from 2020 to 2028.

Revenue, 2019 (US$M)
$1,164.1
Forecast, 2028 (US$M)
$1,843.6
CAGR, 2020 - 2028
5.2%
Report Coverage
UK

UK medical textile market highlights

  • The UK medical textile market generated a revenue of USD 1,164.1 million in 2019 and is expected to reach USD 1,843.6 million by 2028.
  • The UK market is expected to grow at a CAGR of 5.2% 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.


Medical textile market data book summary

Market revenue in 2019USD 1,164.1 million
Market revenue in 2028USD 1,843.6 million
Growth rate5.2% (CAGR from 2019 to 2028)
Largest segmentImplantable goods
Fastest growing segmentHealthcare & Hygiene Products
Historical data2017 - 2018
Base year2019
Forecast period2020 - 2028
Quantitative unitsRevenue in USD million
Market segmentationImplantable Goods, Non-implantable Goods, Healthcare & Hygiene Products
Key market players worldwideAnterix 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, UK accounted for 6.6% 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 Companies

Name Profile # Employees HQ Website

UK 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 35.19% in 2019. Horizon Databook has segmented the UK 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 rapid growth in healthcare expenditure involving the construction of new multispecialty hospitals is expected to drive the medical textile market in the UK. Furthermore, investments by the government and several private players for increasing the local production of personal protective suits and face masks to avoid the spread of coronavirus in hospitals and public places are expected to propel the growth of the medical textile market.

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Target buyers of UK medical textile market databook

  • Our clientele includes a mix of medical textile market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 UK medical textile market , including forecasts for subscribers. This country databook contains high-level insights into UK medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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UK medical textile market size, by application, 2017-2028 (US$M)

UK Medical Textile Market Outlook Share, 2019 & 2028 (US$M)

UK medical textile market size, by application, 2017-2028 (US$M)

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