Biomedical Textiles Market Size To Reach USD 21.30 BN In 2028 Due to Increasing Need For Advanced Wound Dressing Material, Expansion Of The Healthcare Industry In Developing Countries, And Rising Healthcare Expenditure, Says Reports and Data

2022-04-20 08:57:59 By : Ms. Betty Liu

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NEW YORK , April 4, 2022 /PRNewswire/ -- The global biomedical textiles market size is expected to reach USD 21.30 billion in 2028 and register a revenue CAGR of 6.0% during the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by the increasing need for advanced wound dressing materials. Advanced wound dressing products are capable of managing large wounds and minimize risk of infections. These products also promote rapid healing and provide relief post-operative recoveries. Biomedical textiles with easy healing, anti-fungal, and antibacterial properties are extensively used for the development of advanced wound dressing products. This factor is expected to drive market revenue growth in the near future.

Furthermore, biomedical textiles are highly versatile and robust as these are made from synthetic and metallic biomaterials. Various textile developers nowadays are investing in R&D activities to develop high performance biomedical textile with characteristics such as flexibility, porosity, thickness and stability. In developing countries, the healthcare sector is expanding at a fast pace. Coupled with this, rising healthcare expenditure is projected to drive market growth during the forecast period.

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Silk-based biomaterials are gaining more popularity, owing to increasing usage as a prospective material for biomedical textiles. The controllable degradability, ease of processing, biocompatibility, and remarkable mechanical properties are driving the usage of silk-based biomaterials for various biomedical textiles and fiber-based implants for soft tissue repair, extracorporeal inputs, healthcare/hygiene products, and other related needs.

Some Key Highlights in the Report

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To identify the key trends in the industry, research study at https://www.reportsanddata.com/report-detail/biomedical-textiles-market 

For the purpose of this report, Reports and Data has segmented global biomedical textiles market based on fiber type, fabric type, application, and region:

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