Nonwovens are no doubt among the most promising textile products of the past 2 decades. They are not only replacing traditional textiles, but are also creating new markets for new products. Nonwovens are most widely used in diverse applications of technical textiles due to their unique characteristics, performance and cost advantage. With the sustained and rapid economic and social growth in Asia, the development of the nonwovens industry has been pushed forward rapidly in many countries on the Asia-Pacific. China and India have extremely good potential markets for nonwovens equipment, machinery as well as nonwoven products.
Medical textile is one of the fastest growing sectors in technical textiles. It includes textile materials used in hygiene, health and personal care as well as surgical applications.
Market size of Medical Textile is in the range of Rs 2500 crores and expected to go upto Rs 4000 crores by 2012‐2013.
Consumption of Medical Textiles components to cross Rs 2200 crores by 2012‐2013
Indian Healthcare industry size is $17 million and is growing by
17% to 20% per annum.
‐ Estimated to reach $ 36 billion by 2012.
‐ Revenue generation by Private hospitals is likely to increase to Rs 161440 crores by 2012.
‐ Current level of same is Rs 71300 crores.
‐ Healthcare spending shall contribute 8% GDP by 2012
‐ Relatively, Medical Textiles shall also double to Rs 3388 Crores by 2012 ( Current level is Rs 1822 crores.)
‐ Patients from abroad are attracted by high quality and low cost medical treatment in India
Medical textile market in India is estimated to be Rs 2,298 crore (FY 11) and is expected to grow at a CAGR of 20 per cent to reach Rs 5,719 crore by 2016.
India & China are the drivers for future growth of Medical Textiles
Medical Devices expected to touch $ 1.7 billion in 2010 ‐2011.
Medical textile is one of the fastest growing sectors in technical textiles. It includes textile materials used in hygiene, health and personal care as well as surgical applications.
Market size of Medical Textile is in the range of Rs 2500 crores and expected to go upto Rs 4000 crores by 2012‐2013.
Consumption of Medical Textiles components to cross Rs 2200 crores by 2012‐2013
Indian Healthcare industry size is $17 million and is growing by
17% to 20% per annum.
‐ Estimated to reach $ 36 billion by 2012.
‐ Revenue generation by Private hospitals is likely to increase to Rs 161440 crores by 2012.
‐ Current level of same is Rs 71300 crores.
‐ Healthcare spending shall contribute 8% GDP by 2012
‐ Relatively, Medical Textiles shall also double to Rs 3388 Crores by 2012 ( Current level is Rs 1822 crores.)
‐ Patients from abroad are attracted by high quality and low cost medical treatment in India
Medical textile market in India is estimated to be Rs 2,298 crore (FY 11) and is expected to grow at a CAGR of 20 per cent to reach Rs 5,719 crore by 2016.
India & China are the drivers for future growth of Medical Textiles
Medical Devices expected to touch $ 1.7 billion in 2010 ‐2011.
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