Global Antimicrobial Medical Textiles Market by Finishing Agent (Metallic Salts, Quaternary Ammonium) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global antimicrobial textiles market was valued at USD 422.3 millions in 2015. It is forecast to grow 7.4% during the forecast period. Market growth is expected to be driven by the increasing geriatric population, technological advances, and regulations that promote antimicrobial textiles.

The market for wound care products, which includes non-implantable goods as well as healthcare & hygiene products, is experiencing high demand. This can help to stimulate market growth. Over the forecast period, the demand for these products will increase due to the increasing number of hospitals and government initiatives that aim to raise awareness about first aid kits.

The U.S. healthcare industry is forecast to experience rapid growth during the forecast period. This is expected to have positive effects on product demand. In addition to rising hospital infections and aging populations, the demand for antimicrobial textiles is expected to increase over the forecast period.

Antimicrobial textiles are expected to be in demand due to their inherent ability to limit the growth of disease-causing microorganisms. Global demand for antimicrobial medical textiles will be boosted by rising living standards, increasing disposable income, and a greater awareness of health.

The significant lifestyle changes occurring in Latin America and Asia Pacific will likely drive the use of antimicrobial textiles to the forefront over the forecast period. These changes have led to a rise in awareness about hygiene and general health, which will likely increase the demand for antimicrobial textiles in these areas.

The growing number of safe and durable antimicrobial finishes is responsible for the increasing market share of antimicrobial textiles. Market growth will be aided by the availability of customized textiles that can be tailored to specific industries and the growing use of antimicrobial finishes in the medical and apparel sectors.

Finishing Agent Insights

Quaternary ammonium salts (or triclosan), metallic salts or other naturally derived finishing agent are some of the many options for antimicrobial textile manufacturing. In the past, most finishing agents were available in liquid and solid forms. Antimicrobial textile manufacturers have been using liquid or emulsion finishing agents to address functional problems in the application of solid finishing agent.

Quaternary ammonium compounds have antimicrobial properties that allow for greater application. They perform multiple actions, including damage to bacteria cells, protein denaturation, and inhibition of multiplication. This will increase product demand during the forecast period. A rapid decline in antimicrobial agent concentration on washing is likely to limit demand for quaternary-ammonium-based products. This could be due to easy dislocations of ionic interactions.

Products made from metallic salts were dominant in 2015. They accounted for more than 55% of global revenue in 2015. This is due to their superior properties that have led to increased use in product manufacturing. Manufacturers prefer silver metallic salts due to their ease of use and ability to provide an outstanding antimicrobial finish.

Triclosan was identified as a dangerous chemical, and the demand for it is expected to decline over the forecast period. Europe has banned the use of triclosan. Over the forecast period, the increasing awareness about environment-friendly finishing agent is expected to have an impact on the demand of naturally derived finishing agent.

Application Insights

Implantable goods are used to treat infections such as sutures, vascular and soft tissue implants, soft-tissue implants, orthopedic joints, and ligaments. Due to the growing demand for artificial organs, the demand for antimicrobial textiles in the implantable goods segment will see a 7.5% CAGR in terms of revenue growth from 2016 to 2024.

Due to the growing awareness of hygiene in emerging economies such as Latin America and Asia Pacific, healthcare & hygiene products will reach USD 334.5 millions by 2024. The growing market for wound care products in developing countries is expected to drive significant product demand over the forecast period.

For external use, non-implantable goods include bandages, plasters and pressure garments, ortho belts, prosthetic socks as well as absorbents, protective eyes pads, adhesive tapes and bandages. They are used primarily as an absorbent, protective, and covering for diseased or injured parts. The increase in fatalities and injuries has led to an increase in product demand for non-implantable goods.

Other products made from antimicrobial textiles are extracorporeal devices like artificial liver, artificial kidney, heart, and lung. These devices can be mounted and support vital organs like the heart, liver, kidneys, and kidneys. The healthcare industry is likely to see rapid technological advances that will have an impact on product demand for various applications.

Regional Insights

The North American and European markets for antimicrobial textiles are expected to grow with improved medical infrastructure. Together, North America and Europe accounted for more than 73.6% global antimicrobial textiles market in 2015. These regions are dominated by the U.K., U.S., and Germany.

Medical textiles are expected to grow due to the increasing use of implantable goods in North America. This is due to the limitations in existing drug therapies. The region's market growth will be boosted by the ongoing advances in biotechnology.

Asia-Pacific is predicted to experience significant growth due to a CAGR exceeding 8.9% in revenue from 2016-2024. This is due to increased government intervention in improving healthcare facilities in the region. These products will be in high demand due to the growing market for wound care products in these regions over the forecast period.

Due to the presence of major antimicrobial chemical producers such as TOYOBO and DuPont, Taiwan's market is expected to experience significant growth. Market growth is expected to be boosted by the presence of major yarn- and fiber producers in Taiwan.

Market Share in Antimicrobial Medical Textiles

Trevira GmbH and Microban International are key players in the global market.

Major industry players in this market are actively involved in expanding its global reach. Companies have been increasing their investments in developing countries and taking advantage of the lower trade barriers. It is common to use silver technology in antimicrobial textiles. To increase sales, manufacturers have entered into distribution agreements to distribute their products to healthcare chains.

Up Market Research published a new report titled “Antimicrobial Medical Textiles Market research report which is segmented by Finishing Agent (Metallic Salts, Quaternary Ammonium), By Players/Companies Biocote Ltd, Foss Manufacturing LLC, Meditex Technology Ltd, Trevira GmbH, Microban International, Sinamen Zeomic Co Ltd, Sciessent Technologies, the Dow Chemical Company, Annovotek LLC, Vestagen Technical Textiles Inc, Sono-Tek Corporation, Noble Biomaterials and Biothreads LLC, Herculite, Purthread Technologies, Quick-med Technologies Inc, Surgicotfab textile Pvt Ltd, Baltex”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Antimicrobial Medical Textiles Market Report Segments:

The market is segmented by Finishing Agent (Metallic Salts, Quaternary Ammonium).

Antimicrobial Medical Textiles Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Antimicrobial Medical Textiles Market

Overview of the regional outlook of the Antimicrobial Medical Textiles Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Antimicrobial Medical Textiles Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Antimicrobial Medical Textiles Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Metallic Salts

                2. Quaternary Ammonium

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Antimicrobial Medical Textiles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
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Reasons to Purchase the Antimicrobial Medical Textiles Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.