Biomedical textile market Industry Trends, Segmentation & Forecast to 2027

Data Bridge Market Research analyses that the biomedical textiles market to be grow at a CAGR of 6.25% in the forecast period of 2022-2029 and is likely to reach the USD 12.84 billion by 2029. On the other hand, high R&D investment will obstruct the market growth. Also, rising pricing pressure on market players and product marketing will challenge the biomedical textiles market. However, lack of healthcare professionals and the less awareness will act as restrain and further impede the growth rate of market.