Global medical textiles market poised to grow by $6.97b by 2028

It is estimated to witness a CAGR of 6.35% within the forecast period.

The global market for medical textiles is projected to grow by $6.97b until 2028 at a compound annual growth rate (CAGR) of over 6.35%.

A report by Technavio revealed that the market is driven by rising healthcare expenditures, a growing demand for minimally invasive surgeries, and increasing awareness of infection control.

“These textiles play a crucial role in enhancing body functions, particularly in orthopaedic and cardiovascular procedures. They include artificial tendons and ligaments, which mimic the natural functions of the human body.” The report said.

Moreover, the market caters to those with chronic conditions including Alzheimer's, diabetes, heart disease, stroke, and infections.

Furthermore, the market is fuelled by trends such as innovation and sustainability.

“Advanced technologies like nanotechnology, biodegradable polymers, and antimicrobial agents are also influencing the market,” The report added.