Growing Demand for Smart Textiles in Healthcare Coupled with the Rising Burden of Diseases is Expected to Boost the Growth of the Global Medical Smart Textile Market at a CAGR of 6.40% During the Forecast Period of 2022 - 2030

Pune, India, 2022, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Medical Smart Textile Market.

Market Highlights

The Global Medical Smart Textile Market is expected to register a CAGR of 6.40% during the forecast period with a market value of USD 3.1 Billion by 2030.

Smart textiles are materials and structures that sense and react to environmental conditions or stimuli, such as those from mechanical, thermal, chemical, electrical, magnetic or other sources. The smart textiles can be used to health monitoring of vital signs such as heart rate, respiration rate, temperature, activity, and posture, and sports training data acquisition.

The rising demand for smart textiles in healthcare, rising demand for medical sensors and the growing burden of diseases are projected to drive the growth of the global medical smart textile market. On the other hand, the excessive cost of medical smart textiles is anticipated to hamper the growth of the market.

Segment Analysis

The global medical smart textile market has been divided based on technology, application, and end user. The market, based on technology, has been segregated into wearable technology, textile sensors, and others. Based on application, the medical smart textile market has been divided into bio-monitoring, surgery, therapy, and wellness and others. The global medical smart textile market, based on end user, has been categorized as hospitals and clinics and others

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Medical Smart Textile Market Research Report

Regional Analysis

The global medical smart textile market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is likely to hold the largest share of the global medical smart textile market during the assessment period. The extensive use of medical devices and applications in medical engineering for monitoring vital health indicators are likely to support the dominance of the Americas during the forecast period. The Europe market established substantial growth in the market due to the rising government expenditure to promote the healthcare sector in this region. Asia-Pacific is estimated to be the fastest-growing region in the global market due to extensive demand for advanced medical devices and increasing applications of technology in the early diagnosis of diseases fueling the growth of the medical smart textile market in the region. The medical smart textile market in the Middle East & Africa is expected to witness gradual growth due to the Increasing awareness about medical smart textiles.

Market Players

MRFR recognizes the following companies as the key players in the global medical smart textile market— 3teks (Turkey), Camira Fabrics (UK), Pireta (England), Gentherm (US), Vista Medical Ltd (Canada), Schoeller Switzerland (Switzerland), Sensoria Inc. (US), Siren (California), AiQ Smart Clothing (China), and Carre Technologies Inc. (Canada).

Key Findings of the Study

• The Global Medical Smart Textile Market is estimated to grow at USD 3.1 Billion by 2030 at a CAGR of 6.40% during the assessment period.


• Americas accounted for the largest share of the global market due to the presence of key market players and increasing prevalence of chronic diseases attributed to the growth of medical smart textile in the US and Canada.


• Based on technology, the wearable technology segment accounted for the largest market share of 7% in 2018.


• Based on application, the bio-monitoring segment accounted for the largest market share of 5% in 2018.


• On the basis of end user, the hospitals and clinics segment accounted for the largest market share of 3% in 2018.