Antimicrobial Medical Textiles Market trends research and projections for 2019 - 2025

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Antimicrobial Medical Textiles Market Growth
Outlook with Industry Review and Forecast
2019-2025
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Global Market Scenario of Antimicrobial Medical
Textiles Industry

• Antimicrobial medical textiles market Size is
  likely to propel in the coming years due to the
  rising U.S. healthcare expenditure. The U.S.
  healthcare expenditure has increased from around
  USD 1.3 trillion in 2000 to about USD 3.4
  trillion in 2017.
• This trend is likely to follow an upward path in
  the future which would strongly boost the demand
  for antimicrobial medical textiles. Out of this
  total spending, more than 30 was occupied by
  hospital care segment. Increasing ageing
  population, rising investments, technological
  advancements are some factors driving the U.S.
  healthcare sector.
• In 2017, the total number of people registered in
  Medicare accounted to be around 50 million which
  likely to increase to over 70 million by 2026.
  Such rise in Medicare patients means increasing
  use of patient gowns, top sheets, mask, surgical
  textiles, etc.
• Another growth enabler in the antimicrobial
  medical textiles market is rising demand from
  Asia Pacific region. The demand for various
  hygiene products like baby diapers, feminine
  products, tissues, adult incontinence, etc. have
  increased significantly in the past few years.
• This is the result of continuous campaigns and
  government initiatives to uplift the health
  hygiene of its population. Revenue generated from
  the sale of baby diapers in Asia crossed USD 20
  million in 2018 and is likely to grow at a rate
  of more than 5 in the forecast timeframe. This
  rising demand would boost the production of
  antimicrobial medical textiles in the coming
  years.

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• Regional Trends-
• Asia Pacific is likely to portray a significant
  CAGR in the forecast timeframe owing to its
  increasing demand for healthcare facilities. The
  Asian healthcare antimicrobial medical textiles
  market is likely to propel from USD 1,500 billion
  in 2016 to over USD 2,560 billion by 2020.
• The major factor behind this growth is the rising
  access of medical facilities to wider sections of
  society. Various government initiatives and
  rising public private investment in this sector
  has helped in achieving such growth. Other
  factors like rising population, economic growth,
  rising chronic diseases would further increase
  the demand for healthcare facilities which would
  in turn increase the need for antimicrobial
  medical textiles in the coming years.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• Some of the players in the antimicrobial medical
  textile market are Herculite, BioCote Limited,
  DuPont Inc, PurThread Technologies, Inc. etc.

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