Medical Smart Textile Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Medical Smart Textile Market size was USD 442.9 million in 2020 and is expected to reach USD 2,735.06 million in 2027 and register a revenue CAGR of 25% during the forecast period, 2021-2027.

Medical smart textiles are an emerging field of research and are most widely used in healthcare. Sensors can be integrated into fabrics that are in constant contact with the body to capture physiological changes occurring within the body. Smart textiles are fabrics integrated with technology that provide enhanced functionality to the wearer. Smart textiles are new in the field of research and have broad applications in healthcare, such as health monitoring, protection and safety, and healthy lifestyles. Sensors integrated into fabrics and in contact with body parts can capture physiological signals and respond to and sense environmental conditions. These fibers sense and respond to external stimuli such as heat, magnetic, chemical, mechanical, electrical or otherwise.

Market Segments

By Technology

• Wearable Technology
• Textile Sensors
• Others

By Application

• Bio-Monitoring
• Surgery
• Therapy and Wellness
• Others

Key Players

• International Fashion Machines
• Textronics
• GENTHERM
• Sensoria
• PatienTech Company
• ThermoSoft International Corporation
• AiQ Smart Clothing
• Nike, Inc.

Scope of the Report

The research study analyzes the global Medical Smart Textile industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Medical Smart Textile Market Report

1. What was the Medical Smart Textile Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Medical Smart Textile Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Medical Smart Textile Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.