Medical Smart Textiles Market Demand, Growth, Trend, Business Opportunities, Manufacturers and Research Methodology by 2027

 

Medical smart textiles can be deployed inside active wear, t-shirts, and pants as a layer to monitor blood pressure, heart rate, and can also sense temperature changes in patients with dementia. It eliminates the need for patients without any real critical need to visit the doctor’s office for physical check-ups. Some of the major applications of medical smart textiles are patient gowns and vests, caps and gloves, and also everyday apparel.

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.

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Key Highlights of Report

·         Hospital and clinic segment accounted for higher revenue in 2019, as use of medical smart textiles during surgery and for remote monitoring of patients in hospitals is relatively high.

·         North America accounted for a larger revenue share in the global medical smart textiles market in 2019. High revenue growth of the market in the region can be attributed to extensive use of advanced medical technologies and rapid adoption of Internet of Things (IoT) in the healthcare sector in countries in the region.

·         Key market players include AiQ Smart Clothing Inc., Schoeller Textiles AG, Carre Technologies Inc., Vista Medical Ltd., Sensoria Inc., Siren, Camira Fabrics, Gentherm, Pireta, and 3TEKS.

Medical Smart Textile Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global medical smart textiles market based on technology, application, end-use, and region:

·         Technology Outlook (Revenue, USD Million; 2020–2027)

o    Textile Sensors

o    Wearable Technology

o    Others

·         Application Outlook (Revenue, USD Million; 2020–2027)

o    Surgery

o    Bio-monitoring

o    Therapy and Wellness

o    Others

·         End-user Outlook (Revenue, USD Million; 2020–2027)

o    Hospitals and Clinics

o    Medical Academic and Research Center

o    Others

Regional Bifurcation includes:

•        North America(U.S., Canada)

•        Europe(U.K., Italy, Germany, France, Rest of EU)

•        AsiaPacific(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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Key questions addressed:

l   What are the estimated CAGR for the global Medical Smart Textile market and each segment in the global market?

l   Which market segments and sub-segments have been covered in this report? Which of these segments is foreseen to exhibit the highest growth rate over the projected period? What are the most prominent industry aspects likely to impact the market values and shares of the regionsviz., North America, Europe, Asia Pacific, Latin America, and Middle East &Asia? What do the SWOT analysis and Porter’s five forces entailed in the report signify with respect to the future position of the market?

l   Which are the leading companies operating in the global Medical Smart Textile market? What are their strengths and weaknesses?

l   What are the most common market expansion strategies applied by the key market competitors to reinforce their market positions?

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

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