U.S. Medical Textile Market Size & Outlook, 2019-2028
U.S. medical textile market, 2017-2028 (US$M)
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U.S. medical textile market highlights
- The U.S. medical textile market generated a revenue of USD 4,141.5 million in 2019 and is expected to reach USD 5,421.0 million by 2028.
- The U.S. market is expected to grow at a CAGR of 3% from 2020 to 2028.
- In terms of segment, implantable goods was the largest revenue generating application in 2019.
- Implantable Goods 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 4,141.5 million |
| Market revenue in 2028 | USD 5,421.0 million |
| Growth rate | 3% (CAGR from 2019 to 2028) |
| Largest segment | Implantable goods |
| Fastest growing segment | Implantable Goods |
| 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, U.S. accounted for 23.4% 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 North America, U.S. medical textile market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 524.0 million by 2028.
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Medical Textile Market Scope
Medical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 33.74% in 2019. Horizon Databook has segmented the U.S. 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 U.S. medical textile market is expected to rise with growth in the usage of nonwoven fabrics in protective equipment for hospitals and personal use, including cleaning pads, diapers, and sanitary napkins.
Furthermore, investments by companies and the U.S. government towards increasing the production of face masks and other personal protective equipment amidst the COVID pandemic times is expected to propel the growth of medical textiles market.
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Target buyers of U.S. 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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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 U.S. medical textile market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. medical textile market size, by application, 2017-2028 (US$M)
U.S. Medical Textile Market Outlook Share, 2019 & 2028 (US$M)
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