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Rising incidence of chronic diseases and increasing demand for wearable devices are major factors driving growth of the medical smart textiles market

VANCOUVER, BC, CANADA, November 22, 2021 /EINPresswire.com/ -- Medical Smart Textiles market applies both qualitative and quantitative data analysis to present an overview of the future adjacencies around the Medical Smart Textiles industry for the forecast period, 2021-2028, The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Medical Smart Textiles industry with a special focus on the affected key segments of the industry.

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. The sensors capture any physiological changes in the body and alerts are shared with healthcare professionals and staff.

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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The all-encompassing study pertaining to the market share, growth and size equip stakeholders, business owners, and field marketing personnel to obtain a unique knowledge about the current business environment to offer a competitive advantage over the giants. Deep dive into past, present, and future industry trends include in the market intelligence report reveals a lot about the strategic capabilities business owners can leverage to gain a strong foothold in the business world.

The research study presents an industry-wide summary of the Medical Smart Textiles market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global Medical Smart Textiles research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2028.

The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

Leading Players Profiled in the Report:

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

The global Medical Smart Textiles market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Medical Smart Textiles market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Medical Smart Textiles market.

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

The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

Major regions include North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand, production and consumption patterns, import/export, and presence of key players in each region.

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Detailed Regional Analysis covers:

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)

The report demonstrates the progress and advancement achieved by the global Medical Smart Textiles market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.

Key Benefits of Buying the Global Medical Smart Textiles Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Medical Smart Textiles Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Medical Smart Textiles Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Medical Smart Textiles Market

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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

Continued...!

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 Look Over transcripts provided by Emergen Research

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Eric Lee
Emergen Research
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sales@emergenresearch.com
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