What is Biotextiles Market?
Bio fabricated textiles are materials grown from live microorganisms, such as bacteria, yeast, algae and fungi root structures. It is fibrous textile structures manufactured from synthetic and natural materials. These textiles can be used for internal and external biological environment for medical devices for the prevention, treatment and diagnosis of injuries, diseases etc. With growing requirement for medical devices in healthcare industry, the demand for bio textiles is continue to rise. Whereas, market is highly fragmented with the presence of local and regional players. Geographically, Europe is gaining more attention with presence of prominent players followed by North America and Asia Pacific region.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Biosurfaces, Inc. (United States), Confluent Medical Technologies (United States), Advanced Medical Solutions Group PLC (United Kingdom), Cortland Company, Inc. (United States), Aspide Medical (France), Aran Biomedical Ltd. (Ireland), C.R.Bard, Inc. (France), Cousin Biotech Sas (France), Delfingen De Marktrodach Gmbh & Co. Kg (Germany), Fenner PLC (United Kingdom), Freudenberg & Co. Kg (Germany), Lenzing Plastics Gmbh Co Kg (Austria), Medtronic PLC (Ireland), Poly-Med, Inc. (India), Proxy Biomedical Ltd. (Ireland), Speciality Fibers & Materials Ltd (United Kingdom) and Amnivor Medicare Pvt. Ltd. (India) |
The market study is being classified by Type (Woven Textiles, Non-Woven Textiles, Braided Textiles, Knitted Textiles and Others), by Application (Medical Implant, Drug Delivery Systems, Tissue Engineering and Packaging, Artificial Skin, Decarbonizing and Others) and major geographies with country level break-up. According to AMA, the Global Biotextiles market is expected to see steady growth rate.
Biosurfaces, Inc. (United States), Confluent Medical Technologies (United States), Advanced Medical Solutions Group PLC (United Kingdom), Cortland Company, Inc. (United States), Aspide Medical (France), Aran Biomedical Ltd. (Ireland), C.R.Bard, Inc. (France), Cousin Biotech Sas (France), Delfingen De Marktrodach Gmbh & Co. Kg (Germany), Fenner PLC (United Kingdom), Freudenberg & Co. Kg (Germany), Lenzing Plastics Gmbh Co Kg (Austria), Medtronic PLC (Ireland), Poly-Med, Inc. (India), Proxy Biomedical Ltd. (Ireland), Speciality Fibers & Materials Ltd (United Kingdom) and Amnivor Medicare Pvt. Ltd. (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Synthasome Inc. (United States), Tepha Medical Devices (United States), Terumo Corporation (Japan), Textile Development Associates, Inc. (United States) and Tissuegen, Inc. (United States).
The market of Biotextiles is expected to grow with rising awareness regarding bio textiles use in multiple industries. Increasing preference for drug delivery systems and surgical implants driving the demand for the market. Several companies are operating in the market to provide Biotextiles with various features & unique offering. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Segment Analysis
Analyst at AMA have segmented the market study of Global Biotextiles market by Type, Application and Region.
On the basis of geography, the market of Biotextiles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Biotextiles in Medical Devices
- Increasing Preference for Biotextiles for Effluent Treatment Plant (ETP)
Market Trend
- Woven Textiles accounts for Larger Market Share over Others
Restraints
- Stringent Regulations for Process Approval
Opportunities
- Increasing Awareness regarding Degradable and Eco-friendly Textiles
- Augmenting Demand for Biotextiles in Drug Delivery System and Surgical Implants has created Multiple Growth Opportunities for the market
Challenges
- Challenge of Inferior Mechanical Properties, Lower Chemical Resistance
- Lack of Trained and Skilled Workforce
In December 2020, Materials science startup Kintra and PANGAIA in partnership has launched polybutylene succinate (PBS) which is biodegradable and compostable. It is 56% derived from corn instead of fossil fuels. Further, both players are working together for achieving 100% bio-based and traced to corn and wheat primary feedstocks.
Key Target Audience
Biotextiles Manufacturers, Biotextiles Suppliers/Distributor, Raw Material Supplier, Healthcare Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry