Global Medical Textile Market Size & Outlook

The medical textile industry worldwide is expected to reach a projected revenue of US$ 26,210.8 million by 2028. A compound annual growth rate of 4.5% is expected of the worldwide medical textile industry from 2020 to 2028.

Revenue, 2019 (US$M)
$17,698.8
Forecast, 2028 (US$M)
$26,210.8
CAGR, 2020 - 2028
4.5%
Report Coverage
Worldwide

Global medical textile market highlights

  • The global medical textile market generated a revenue of USD 17,698.8 million in 2019 and is expected to reach USD 26,210.8 million by 2028.
  • The market is expected to grow at a CAGR (2020 - 2028) of 4.5% by 2028.
  • In terms of segment, implantable goods accounted for a revenue of USD 6,210.3 million in 2019.
  • Healthcare & Hygiene Products is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2019.
  • Country-wise, Spain is expected to register the highest CAGR from 2020 to 2028.

Global data book summary

Market revenue in 2019USD 17,698.8 million
Market revenue in 2028USD 26,210.8 million
Growth rate4.5% (CAGR from 2019 to 2028)
Largest segmentImplantable goods
Fastest growing segmentHealthcare & Hygiene Products
Historical data covered2017 - 2018
Base year for estimation2019
Forecast period covered2020 - 2028
Quantitative unitsRevenue in USD million
Market segmentationImplantable Goods, Non-implantable Goods, Healthcare & Hygiene Products

Other key industry trends

  • In terms of revenue, the North America accounted for 28.8% of the global medical textile market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 422.3 million by 2028.

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Medical Textile Market Companies

Name Profile # Employees HQ Website

Global 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 35.09% in 2019. Horizon Databook has segmented the Global 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.


  • Global Medical Textile Application Outlook (Revenue, USD Million, 2017-2028)
    • Implantable Goods
    • Non-implantable Goods
    • Healthcare & Hygiene Products
    • Others
  • Global Medical Textile Fabric Outlook (Revenue, USD Million, 2017-2028)
    • Woven
    • Knitted
    • Non-Woven
    • Others

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Target buyers of Global 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.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical textile market , including forecasts for subscribers. This global databook contains high-level insights into Global medical textile market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global medical textile market statistics, by regions, 2017-2028 (US$M)

Top 10 countries: Medical textile market size, 2019 (USD Million)

Top 10 countries: Medical textile market size, 2019 (USD Million)

Global medical textile market, by region, 2019 (US$M)

Global medical textile market statistics, by regions, 2017-2028 (US$M)

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