Medical Composites Market Size 2023 Top Companies, Trend Analysis, Current Growth, Business Strategy and Forecast 2030

Global Medical Composites Market – Overview:

The latest Emergen Research report, titled ‘Global Medical Composites Market’, is intended to provide the target audience with the necessary information about the global Medical Composites industry. The report comprises a detailed analysis of the vital elements of the Medical Composites market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Medical Composites market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Medical Composites market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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.

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Medical Composites market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Medical Composites market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Medical Composites industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

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Global Medical Composites Market Report – Table of Contents:

  • Chapter 1 includes the global Medical Composites market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
  • Chapter 2 broadly categorizes the Medical Composites market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
  • Chapter 3 elaborates on the competitive outlook of the Medical Composites market, focusing on the major manufacturers and vendor landscape.
  • Chapter 4 exhaustively studies the key manufacturers of the Medical Composites industry, along with their anticipated sales and revenue shares.
  • Chapters 5 includes market segmentation based on product type, application range, and market players.

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Regional Overview:

The global Medical Composites market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Medical Composites market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

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.

Global 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

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2022
  • Estimated Year: 2030
  • Forecast Years: 2022-2030

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