Technology & Telecommunications

According to a market report by Lucintel, the future of medical in FPC market looks promising with opportunities in the single layer, double layer, multi- layer, and rigid-flex markets. Medical in the global FPC market is expected to reach an estimated $0.76 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are growing demand for portable, wireless, and more complex electronic assemblies in the medical sector and miniaturization of medical devices.



In this market, polyimide and polyester are the two major segments of medical in FPC market by laminate material type. Lucintel forecasts that polyimide is expected to witness higher growth over the forecast period due to the widespread use of polyimide materials based FPC in various applications, such as hearing aids, respirators, breathing apparatus, instrumentation, MRI equipment, surgical devices, and other devices.



Within this market, rigid-flex is expected to witness higher growth over the forecast period due to the growing use of rigid-flex PCBs in medical devices based on their capacity to withstand the high frequencies and are also considered suitable for lighter and smaller devices.



APAC is expected to witness higher growth over the forecast period due to the growing demand for healthcare among population and continuous advancement of medical technology in the region.

NOK Corporation, Sumitomo Electric, Fujikura, Nitto Denko Corporation, and Interflex are the major suppliers in medical in the global FPC market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for medical in the global FPC market by technology, laminate material type, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities for Medical in the Global FPC Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for medical in the global FPC market by technology, laminate material type, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for medical in the FPC market by technology (single layer, double layer, multi-layer, and rigid flex), laminate material type (polyimide, polyester, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?