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COVID-19 Impact and Recovery Analysis - Medical Textiles Market 2020-2024 | Demand for Non-woven Medical Textiles to Boost Growth | Technavio

Technavio has been monitoring the medical textiles market and it is poised to grow by USD 2.99 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Medical Textiles Market 2020-2024 (Graphic: Business Wire).

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Medical Textiles Market Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ahlstrom-Munksjö Oyj, Asahi Kasei Corp., Cardinal Health, Inc., First Quality Enterprises, Inc., Freudenberg Group, Getinge AB, KARL OTTO BRAUN GmbH & Co. KG, Kimberly-Clark Corp., Schouw & Co., and TWE GmbH & Co. KG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Demand for non-woven medical textiles has been instrumental in driving the growth of the market. However, fluctuating crude oil prices might hamper market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/medical-textiles-market-industry-analysis

Medical Textiles Market 2020-2024: Segmentation

Medical Textiles Market is segmented as below:

  • Application
    • Surgical
    • Healthcare And Hygiene Products
    • Extracorporeal
  • Product
    • Woven Medical Textiles
    • Non-woven Medical Textiles
    • Knitted Textiles
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

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Medical Textiles Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our medical textiles market report covers the following areas:

  • Medical Textiles Market Size
  • Medical Textiles Market Trends
  • Medical Textiles Market Industry Analysis

This study identifies the demand for nanofibers in the medical industry as one of the prime reasons driving the medical textiles market growth during the next few years.

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Medical Textiles Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist medical textiles market growth during the next five years
  • Estimation of the medical textiles market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical textiles market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical textiles market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Woven medical textiles - Market size and forecast 2019-2024
  • Non-woven medical textiles - Market size and forecast 2019-2024
  • Knitted textiles - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Surgical - Market size and forecast 2019-2024
  • Healthcare and hygiene products - Market size and forecast 2019-2024
  • Extracorporeal - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ahlstrom-Munksjö Oyj
  • Asahi Kasei Corp.
  • Cardinal Health, Inc.
  • First Quality Enterprises, Inc.
  • Freudenberg Group
  • Getinge AB
  • KARL OTTO BRAUN GmbH & Co. KG
  • Kimberly-Clark Corp.
  • Schouw & Co.
  • TWE GmbH & Co. KG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200612005532/en/

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