Global biomedical textiles market is expected to be driven by growing demand for advanced wound dressing material in next 10 years

The global biomedical textiles market revenue is expected to register a moderate CAGR over the forecast period. Manufacturers focusing on developing advanced biomedical textiles owing to the growing demand for high quality biomedical textiles is major factor expected to boost growth of the global market over the forecast period. The global biomedical textiles market report has been segmented on the basis of fiber type, fabric type, application, and region.

Based on fibre type, the global biomedical textiles market is segmented based on non-biodegradable fiber and biodegradable fiber. The non-biodegradable fiber segment is expected to register highest growth rate over the forecast period.

Based on fabric type, the target market is segment based on non-woven fabric and woven fabric. The non-woven fabric segment accounts for highest revenue share in the global market and is expected to maintain its dominance over the forecast period.

Based on application, the target market is segmented based on non-implantable, surgical sutures, and others. The non-implantable segment is expected to register highest growth rate of XX.X% in terms of revenue over the forecast period.

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Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America contributes for significant market share in terms of revenue in global biomedical textiles market and is expected to maintain its dominance over the forecast period. Asia Pacific is expected to register highest growth rate over the forecast period. Increasing demand for biomedical textiles in countries such as the China, India and Japan, owing to rapidly growing rapidly growing geriatric population coupled with growing need for advanced wound dressing material are major factors expected to drive growth of market in the region over the forecast period. Market in North America is expected to register a second highest CAGR of XX.X% over the forecast period.

Some prominent players in the global biomedical textiles markets includes: Koninklijke DSM N.V., Secant Group, Integra Lifesciences Corporation, Swicofil AG, Confluent Medical Technologies, US BioDesign, Bally Ribbon Mills, and Meister & Cie AG.

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