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Global Medical Smart Textile market [2016-2027] by Asia Pacific

By Asia Pacific, the market is segmented into Asia Pacific, Australia, China, India, Japan, South Korea, and Rest of Asia Pacific (2016-2027)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Medical Smart Textile market [2016-2027] by Asia Pacific — full underlying data
LabelAsia PacificAustraliaChinaIndiaJapanSouth KoreaRest of Asia Pacific
2016191.616 USD Mn21.67521869 USD Mn40.73633526 USD Mn28.98851159 USD Mn48.16488518 USD Mn35.58646364 USD Mn16.46458564 USD Mn
2017203.2249251 USD Mn23.01138547 USD Mn43.32529052 USD Mn30.80010142 USD Mn51.15954638 USD Mn37.88964088 USD Mn17.03896039 USD Mn
2018216.7664684 USD Mn24.56925427 USD Mn46.34159089 USD Mn32.91154755 USD Mn54.65032747 USD Mn40.5719679 USD Mn17.72178031 USD Mn
2019232.0844703 USD Mn26.33176869 USD Mn49.75528785 USD Mn35.30069942 USD Mn58.60001151 USD Mn43.60843553 USD Mn18.4882673 USD Mn
2020248.9528895 USD Mn28.27386624 USD Mn53.52105414 USD Mn37.93459291 USD Mn62.9534804 USD Mn46.96042849 USD Mn19.3094673 USD Mn
2021267.5493118 USD Mn30.41626922 USD Mn57.68005302 USD Mn40.84163523 USD Mn67.75749875 USD Mn50.66513126 USD Mn20.18872435 USD Mn
2022288.0743252 USD Mn32.78239931 USD Mn62.27886528 USD Mn44.05395101 USD Mn73.0649404 USD Mn54.76465314 USD Mn21.12951604 USD Mn
2023311.3356125 USD Mn35.46492625 USD Mn67.49619085 USD Mn47.69689846 USD Mn79.08320026 USD Mn59.41759144 USD Mn22.17680526 USD Mn
2024337.7306956 USD Mn38.51012003 USD Mn73.42354058 USD Mn51.83378231 USD Mn85.91656847 USD Mn64.70639894 USD Mn23.34028524 USD Mn
2025368.4064774 USD Mn42.0499683 USD Mn80.31679526 USD Mn56.64357438 USD Mn93.86087521 USD Mn70.85890035 USD Mn24.67636393 USD Mn
2026402.6113389 USD Mn46.00007022 USD Mn88.01961022 USD Mn62.01409678 USD Mn102.7292926 USD Mn77.73983365 USD Mn26.10843544 USD Mn
2027442.0214491 USD Mn50.55334698 USD Mn96.90609837 USD Mn68.2069755 USD Mn112.9542544 USD Mn85.68235669 USD Mn27.71841712 USD Mn

Data Source: Wantstats Repository

Wantstats

Growth Outlook

  • The 2027] by Asia Pacific portion of the Global Medical Smart Textile market [2016 market is on a steady long-term growth path. Segment value stands at roughly USD 805 Mn in 2026 and is projected to reach USD 884 Mn by 2027 — a gain of about 10% over the forecast period, translating to a CAGR in the high single digits.
  • Japan accounted for the largest market share in 2018 in the Asia Pacific medical smart textile market, and is expected to reach USD 112. 95 Million in 2027 from USD 54.
  • What the regional split looks like (2026): Asia Pacific leads, holding roughly 50% of segment value — the single largest regional share. Japan is the second-largest contributor. China, South Korea, India, Australia and Rest of Asia Pacific make up the remainder, in descending order.
  • By 2027, Asia Pacific alone is expected to reach USD 442 Mn, with Japan at USD 113 Mn.

Market Dynamics

Japan accounted for the largest market share in 2018 in the Asia Pacific medical smart textile market, and is expected to reach USD 112.95 Million in 2027 from USD 54.65 Million in 2018. However, South Korea is the fastest growing market, which is expected to grow at a CAGR of 8.81% during the forecast period 2019 - 2027. bio monitoring segment accounted for the largest market share in 2018, this market is expected to reach USD 205.67 Million in 2027 from USD 105.08 Million in 2018. This market is projected to grow at a CAGR of 7.89% during the forecast period from 2019 - 2027. However, surgery segment is the fastest growing market, which is expected to grow at a CAGR of 8.93% during the forecast period 2019 - 2027. hospitals and clinics segment accounted for the larger market share in 2018, this market is expected to reach USD 298.66 Million in 2027 from USD 143.59 Million in 2018. This market is projected to grow at a CAGR of 8.62% during the forecast period from 2019 - 2027.

However, hospitals and clinics segment is the fastest growing market, which is expected to grow at a CAGR of 8.62% during the forecast period 2019 - 2027. wearable technology segment accounted for the largest market share in 2018, this market is expected to reach USD 246.17 Million in 2027 from USD 116.46 Million in 2018. This market is projected to grow at a CAGR of 8.82% during the forecast period from 2019 - 2027. However, textile sensors segment is the fastest growing market, which is expected to grow at a CAGR of 9.04% during the forecast period 2019 - 2027.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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Akif Moroglu

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.