Medical Smart Textiles Market – Industry Size, Development Strategy, Historical Analysis, Competitive Landscape And Fore

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 Textile Market is an intelligence report formulated with authentic information and in-depth analysis of the data by a thorough examination of the market trends, growth opportunities, emerging areas, drivers and restraints, and other key features that aims to offer the investors and shareholders insightful data of the market landscape. This can assist them in making beneficial investment plans. The report also covers the analysis of the competitive landscape by thorough profiling of the companies actively engaged in the industry. Along with this, the report offers insights into their business profiles, product portfolio, and financial standings.

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

  • Textile-based sensors are an emerging class of wearable devices, with potential for next-generation, amenability, and functionality for the human body, incorporating sensing and control. Miniaturization of electronic components and surge in demand for low-cost textile-based sensors are among some of the major factors driving revenue growth of the technology segment.
  • 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)
    • 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 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 points covered in the report:

  1. The latest report based on the global Medical Smart Textile market includes an elaborate list of the company profiles of the leading market players.
  2. The report throws light on certain significant aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
  3. The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
  4. The report involves a SWOT analysis of the global Medical Smart Textile market. In the concluding part of the report, the opinions of several industry experts and professionals have been included.
  5. The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading contenders in this market.

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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