Global Medical Composite Materials Market 2018-2022
About Global Medical Composite Materials Market
A composite material comprises two or more distinct materials. A composite is characterized by enhanced properties, which ae different from properties of the individual materials. Some of the properties of medical composite materials are excellent fatigue endurance, a high strength-to-weight, ratio, good impact resistance, corrosion resistance, and malleability
Technavio’s analysts forecast the Global Medical Composite Materials Market to grow at a CAGR of 6.96% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Medical Composite Materials Market 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of various end users.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Medical Composite Materials Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Medical Composite Materials Market
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is increasing use of ceramic matrix composites in the medical industry”
According to the report, one driver that is affecting the market is increasing demand in light weight material in the medical industry
Further, the report states that one challenge that is affecting the market is fluctuating in raw material prices and high manufacturing cost