Covid-19 Impact on Medical Composites Market Pegged for Robust Expansion by 2026

November 24, 2021

Detroit, Michigan, Nov 24^th 2021. According to the market research firm Stratview Research, the global Medical Composites Market is predicted to exhibit a shift during 2021–2026. The report is segmented by Fiber Type (Carbon Fiber Composites, Glass Fiber Composites, and Other Composites), by Application Type (Operating & Diagnostic Tables, Bone Implants, Prosthetics & Orthotics, Surgical Seals, and Others), By Process Type (Wet Lamination, Prepreg, and Others), By End-User Type (Hospitals, Ambulatory Surgical Centers, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

In order to mitigate the spread of the COVID-19 virus, the governments of several countries enforced lockdowns, which directly hindered the Medical Composites Market. The analysts at Stratview Research are keeping an eye on the market shifts and are regularly connecting with the key players to know how they are coping with the after-effects and how their strategies are changing accordingly.

Key Players:

Several businesses are actively shifting their strategies with an eye towards stimulating growth, gaining competitive advantage and to plug growing opportunities in this briskly expanding market. Most of these companies are well-diversified and have a good market position with several years of experience. Continuous product development and launching best-fitting products according to the market needs, and the ability to adapt to the changing business environment have enabled these companies to establish their leadership in the market.

According to this report published by Stratview Research, below given is the list of the key players in Medical Composites Market-

• Össur
• Ottobock SE & Co. KGaA
• Fillauer LLC
• Getinge Group
• Steris Corporation
• HillRom
• Stryker Corporation
• Composite Horizons
• Stille AB
• Skytron LLC
• Mizuho Medical Co. Ltd.

Browse detailed report with COVID-19 impact analysis on the Medical Composites Market here: https://www.stratviewresearch.com/1381/medical-composites-market.html

Market Insights:

Over the eons, composite materials have gained significant acceptance in a wide array of industries including aerospace & defense, automotive, consumer goods, wind energy, oil & gas, etc. Excellent performance has led to the adoption of these innovative materials in the medical and healthcare industry as well. Properties of composite materials, such as radiolucency, excellent strength-to-weight ratio, durability, and corrosion resistance, make these materials a suitable choice for medical applications by replacing their metal counterparts. As per Stratview Research, the global medical composites market is estimated to grow at a lucrative rate over the next five years to reach an estimated value of US$ 771 million in 2026.

Research Methodology

The specific procedures or techniques used to identify, select, and analyse information about the Medical Composites Market allows the user to get a sneak peek into the market’s present and future position. The information provided in the report plays a crucial role for the market participants and investors in the identification of the low-hanging fruits available in the market and formulate the growth strategies to expedite their growth process. This report is the outcome of a detailed research methodology comprising broad secondary research, and rigorous primary interviews with industry stakeholders. Several authenticated secondary sources, such as company annual reports, fact books, press releases, and articles have been leveraged to gather the data.

What to expect from this report?

The report structure has been kept such that it offers maximum business value to the user. It provides vital insights into the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints.
• Market trend and forecast analysis, Market segment trend.
• Competitive landscape and dynamics: Market shares, Product portfolios, New Product Launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends and Key success factors.
• Strategic growth opportunities for the existing and new players.

Critical Questions Answered in the Report

• What are the key trends in the Medical Composites Market?
• How the market has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Medical Composites Market?
• What are the key strategies adopted by the major vendors to lead in Medical Composites Market?
• What is the market share of the top vendors?

Customisation of this study-

Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send an inquiry at sales@stratviewresearch.com.

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

Contact: Stratview Research

E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176

Author : Chandana Patnaik