The biomedical textiles market is projected to be worth $14.5 billion by 2022, growing from its 2017 value of $10.99 billion, according to a report from MarketsandMarkets. The rising number of surgeries, growing number of elderly people in the population, the high quality of biomedical textiles and a growing need for advanced wound dressing materials are factors in driving this expected growth. The Asia Pacific region is expected to be the fastest growing market in this time period.
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