The Global Medical Composites market drivers and restraints Market report, released by Emergen research, provides the target audience with the key information pertaining to the global Medical Composites market drivers and restraints Market industry. The research contains the details about the latest events in the Medical Composites market drivers and restraints market including but not limited to the product launches, acquisition and mergers, collaborations and technology advancements with an aim to help business evangelists, product owners and marketing personnel understand what the future demands, customer preferences, consumption volume, production capacity and supply chain management of the Medical Composites market drivers and restraints market will be like.
The report is updated with the impact of the COVID-19 pandemic on the Medical Composites market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Medical Composites market has been positive or negative.
The global medical composites market size is expected to reach USD 996.8 Million at a revenue CAGR of 9.9% in 2021, according to latest analysis by Emergen Research. Steady market revenue growth of medical composites can be attributed to increasing demand for composites in prosthetics. Fiber-reinforced polymer plastic (FRP) composites find widespread use in the medical industry owing to their lightweight, biocompatible, and high-stiffness properties. Medical composites are deployed to manufacture external human body components like prosthetic limbs due to their high fatigue resistance and offering of manufacturing flexibility benefits. Also, the demand for medical composites is increasing due to the chemically inert nature of products like carbon-fiber composites and non-requirement for removing a resorbable composite prosthesis through surgeries, as in the case of metals.
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The report further divides the Medical Composites market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Medical Composites market.
Medical Composites Market Segmentation:
-
Product Type Outlook (Revenue, USD Million; 2019–2030)
- Carbon Fiber Composites
- Ceramic Fiber Composites
- Others
-
Application Outlook (Revenue, USD Million; 2019–2030)
- Diagnostics Imaging
- Surgical Instruments
- Body Implants
- Tissue engineering
- Dental
- Others
-
End-use Outlook (Revenue, USD Million; 2019–2030)
- Hospitals
- Clinics
- Research Institutes
- Others
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The report also studies the key companies of the Medical Composites market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Medical Composites market include:
Dentsply Sirona, Toray Industries Inc., Royal DSM NV, IDI Composites International, The 3M Company, SGL Carbon, Vermont Composites Inc., CeramTec GmbH, Icotec AG, Kyocera Corporation, ACP Composites Inc, and CoorsTek Inc.
The Global Medical Composites Report is a panoramic study of the overall Medical Composites market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Medical Composites market. The report provides a detailed analysis of the key factors of the Medical Composites market that are expected to have a positive impact on the growth of the Medical Composites industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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