Medical Smart Textile Market Size Worth USD 2,177.6 Million by 2027- Rise in healthcare burden | Emergen Research

February 24 20:56 2021
Rising incidence of chronic diseases and increasing demand for wearable devices are major factors driving growth of the medical smart textiles market

The Global Medical Smart Textiles Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027.

medical smart textile market is expected to reach value of USD 2,177.6 Million in 2027, according to a latest analysis by Emergen Research. Rise in incidence of chronic diseases, advancements in diagnosis methods, and growing adoption of wearable medical devices is driving growth of the medical smart textiles market currently. Medical smart textiles have sensors integrated into them, and these fabrics are to produce gowns that can be worn by patients or persons with illness or disease. 

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Advancements in technology in the healthcare sector has enabled remote monitoring of a wide range of medical conditions; from congestive heart failure and diabetes, to symptoms such as stress and discomfort. Market players are investing substantially in research and development of medical smart textiles to develop smarter, more effective and efficient, and cost-effective smart medical textiles. The high cost of these textiles currently  limits high product adoption in the market.

The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

  • AiQ Smart Clothing, Inc.
  • Schoeller Textiles AG
  • Carre Technologies Inc.
  • Vista Medical Ltd.
  • Sensoria Inc.
  • Siren
  • Camira Fabrics
  • Gentherm
  • Pireta
  • 3TEKS

The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

  • Technology Outlook (Revenue, USD Million; 2020–2027)
    • Textile Sensors
    • Wearable Technology
    • Others
  • Application Outlook (Revenue, USD Million; 2020–2027)
    • Surgery
    • Bio-monitoring
    • Therapy and Wellness
    • Others
  • End-user Outlook (Revenue, USD Million; 2020–2027)
    • Hospitals and Clinics
    • Medical Academic and Research Center
    • Others

Regional Analysis of the Medical Smart Textiles Market:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Market Overview:

The research report on the Medical Smart Textiles market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Medical Smart Textiles business sphere.

Key Objectives of the Report:

  • Analysis and estimation of the Medical Smart Textiles market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Medical Smart Textiles market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Medical Smart Textile Market Segmentation & Impact Analysis

    4.1. Medical Smart Textile Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Rising burden of diseases

                    4.2.2.2. Increasing demand for medical sensors

                    4.2.2.3. Advancement in technology

          4.2.3. Market restraints analysis

                    4.2.3.1. High cost of medical textiles

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Medical Smart Textile Market By Technology Insights & Trends, Revenue (USD Million) 

    5.1. Technology Dynamics & Market Share, 2019 & 2027

          5.1.1. Textile Sensors

          5.1.2. Wearable Technology

          5.1.3. Others

Continue…!

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