The textile implants market is dominated by North America owing to the rising prevalence of cardiovascular diseases, increasing incidence of breast cancer and hence increasing breast reconstruction procedures. According to the American Society of Plastic Surgeons, 109,256 women in 2016 underwent breast reconstruction procedures. Other factors like increasing healthcare expenditure, rising geriatric within the population drive the market growth in this region.
It is estimated that Europe stood second in the global textile implants market owing to increasing incidences of sports injuries, rising number of knee and hip replacements and growing medical device industry within this region. According to the Charité – Universitätsmedizin Berlin 2016, 220,000 people undergo hip replacements in Germany each year. Thus, the increasing prevalence of hip and knee replacements in this region influences the growth of this market.
Asia-Pacific was projected to be the fastest growing region for the global textile implants market in 2017. The market is expected to witness growth owing to rising prevalence of cardiovascular diseases. According to the NCBI, cardiovascular diseases is the leading cause of death all over the world, and 50% of the deaths occur in Asia. This provides a favorable background for the market to grow.
The Middle East and Africa holds the least share in the global textile implants market due to the presence of stringent government policies, high demand and low supply ratio and poor economies. However, the market is expected to witness growth due to technological innovations and increasing incidences of conventional diseases in the Middle East.
Global Textile Implants Market, by Key Players
| Report Attribute/Metric | Details |
| Market Size | 2032: USD 31.45 Billion |
| CAGR | 2024-2032: 6.66% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2022 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang, LARS (France), Johnson and Johnson, Neoligaments (UK), Surgicraft Inc., Cousin Biotech (France), Xenotech, Orthomed S.A.S. (France), WL Gore, FX Solutions (France), Aran Biomedical, Shanghai PINE&POWER Biotech (China), Mathys AG Bettlach (Switzerland) |
| Segments Covered | Product type, systems, and end-user |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang, LARS (France), Johnson and Johnson, Neoligaments (UK), Surgicraft Inc., Cousin Biotech (France), Xenotech, Orthomed S.A.S. (France), WL Gore, FX Solutions (France), Aran Biomedical, Shanghai PINE&POWER Biotech (China), Mathys AG Bettlach (Switzerland) |
| Key Market Opportunities | Technological advancements in textile implants |
| Key Market Drivers | · Increasing healthcare expenditure· Rising geriatric within the population |
Textile Implants Market Highlights:
Frequently Asked Questions (FAQ) :
High procedural cost, lack of reimbursement policies, loss of tensile strength, incidents of a product recall, and others can hold back textile implants market growth.
The types included in textile implants study are 3D implantable forms, natural textile implants, 2D implantable forms, and synthetic textile implants.
The Asia Pacific regional textile implants market would be the fastest-growing one.
North America would lead global textile implants market.
End users mentioned in textile implants market study are hospitals and clinics, ambulatory surgical centers, and others.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
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