Rapid Growth in Medical Sector Drives Technical Textile Market Advancement
Technical Textile Market Technical textiles are synthetic fabrics that have been designed to perform specialized industrial functions rather than merely being used as garments. They are widely employed in critical applications across diverse sectors like construction, automobiles, filtration and more importantly, medical. Medical-grade technical textiles exhibit properties like strength, elasticity, durability and are ideal as sutures, hygiene products and surgical dressings. They can withstand stringent sterilization methods and offer protection against infections. With rising healthcare expenditure and growing global geriatric population prone to injuries and chronic diseases, the demand for advanced medical devices and consumables that incorporate technical textiles is surging exponentially. The global technical textile market is estimated to be valued at US$ 5270.95 Mn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031, as highlighted in a new