NEW YORK, Nov. 1, 2021 /PRNewswire/ -- The "Medical Composite Materials Market by Application (Diagnostic Imaging, Orthopedics, Needles and syringes, Dental, and Microsphere), Type (Fiber composites, Polymer-ceramic composites, and Polymer-metal composites), and Geography (North America, Europe, Asia, and ROW) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the medical composite materials market between 2020 and 2025 is USD 3.19 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing demand for lightweight materials in the medical industry and demand for carbon fiber reinforced plastics (CRPF) as composite materials for biomedical applications are some of the key market drivers. However, factors such as fluctuations in raw material prices and high manufacturing costs will challenge market growth.
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North America will be the leading region with 33% of the market's growth during the forecast period. The US is a key market for medical composite materials in North America.
View our sample report for additional insights into the contribution of all the segments & regional opportunities in the report.
Some Companies Mentioned
- 3M Co.
- Avient Corp.
- Composiflex
- Evonik Industries AG
- Polygon Co.
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Medical Composite Materials Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.44% |
Market growth 2021-2025 | USD 3.19 billion |
Market structure | Fragmented |
YoY growth (%) | 6.72 |
Regional analysis | North America, Europe, Asia, and ROW |
Performing market contribution | North America at 33% |
Key consumer countries | US, China, UK, Germany, and Japan |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | 3M Co., Avient Corp., Composiflex, Evonik Industries AG, Henkel AG and Co. KGaA, icotec AG, Koninklijke DSM NV, Mitsubishi Chemical Holdings Corp., Polygon Co., and Toray Industries Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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