The Global Medical Smart Textile Market is growing with the rapid pace; mainly due to the increasing healthcare technology. According to a recent study report published by the Market Research Future, the global Medical Smart Textile Market is booming and expected to gain prominence over the forecast period. The market is forecasted to exhibit remarkable growth by 2027, exceeding its previous growth records in terms of value with a prominent CAGR during the foreseen period (2017 – 2027).
The Global Medical Smart Textiles Market is expected to register a CAGR of approximately 9.5% during the forecast period 2018–2027.
Global Medical Smart Textile Market – Key Players
These are some of the prominent players at the forefront of competition in the Global Medical Smart Textile Market-
- AiQ Smart Clothing Ltd.(Taiwan)
- Innovation in Textiles (UK)
- SENSING TEX S.L.(SPAIN)
- Schoeller Textile (Switzerland)
- Ohmatex ApS (Denmark)
- Stretchable Circuits was (Germany)
- I. DuPont De Nemours and Co (US)
- Gentherm Inc (US)
- Carre Technologies inc (Hexoskin)
Global Medical Smart Textile Market – Competitive Analysis
Medical smart textile technology has a great deal to offer patient monitoring. Sensors integrated right into the medical textile provides the least frustrating way to monitor vitals, as patients will notice it about the same as anyone would notice any other type of clothing.
For example, Carre Technologies inc (Hexoskin) has developed a biometric smart shirt which permits its users lab-quality analysis just by getting dressed. In this technology the sensors are actually made of textile, with next to no hardware in the shirt.
Further smart medical textiles such as smart gowns wouldn’t be as roomy as a typical hospital gown, but a slight snugness is a minor price to pay for getting rid of all the wires which are required for patient monitoring. Moreover, there will constantly be concerns with connectivity when discussing to wireless monitoring. Nonetheless, the uses are manifold and easily custom-made to all type of patient, those in post-operational recovery would be free to move about without disrupting any monitors. Patients suffering from cardiac diseases could have a patch embedded in their smartgown over the chest which will pay special attention to patterns and anomalies in the heart rate. Women in labour may be able to unrestraint the ultrasound transducer straps in favour of a more relaxed alternative in order to monitor fetal vitals. Smart textile could even be worn during surgery to allow surgeons more freedom as they operate during surgeries.
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Furthermore, a wearable tricorder for infants is already set to be released. Rather than average infant monitoring equipment and devices that only allows users to listen, the device tracks vitals as well as alterations in body temperature of the baby. However, parents may be uncomfortable in tagging their child with a device which makes the situation seem more like as an experiment, rather than monitoring wearable device. Hence why not monitor a baby in trending style, generating a loose-fitting one-piece leisure garment entirely out of smart fabric. The monitor could easily be camouflaged as particular type of cartoon or pattern and patched over the chest of the wearable smart textile. In this way, the device can do its work in public without the dull looks of others noticing the unsavoury ankle bracelet attached to the child.
Global Medical Smart Textile Market – Segments
Global Medical Smart Textile Market has been segmented on the basis of applications which consist of patient health monitoring, patient protection, patient safety and others. On the basis of types which include Wireless-enabled garment, Sensitized vest, Wearable sensitized garment and others. On the basis of end users which includes Hospitals, Clinics, research centers and others.
Global Medical Smart Textile Market – Regional Analysis
North-America led by the U.S. is the absolute leader in the global medical smart textile market owing to faster adoption of new technology, presence of global players, and a strong research ecology. Europe accounts for the second largest market led by France, Germany and U.K. the developed regions are expected to hold their dominance in the near future after which the market is expected to shift towards the Asia-Pacific region led by Japan, China and India.
The Middle East and Africa is expected to deliver a moderate growth owing to poor economic and social conditions and poor information technology base. The Middle East and Africa region is expected to be dominated by the Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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