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Medical in the Global FPC Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • May 2023
  • Region: Global
  • Lucintel
  • ID: 5802292
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.

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Medical in the FPC Market by Segment

The study includes a forecast for medical in the global FPC market by technology, laminate material type, and region, as follows:

Medical in FPC Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Single Layer
  • Double Layer
  • Multi- Layer
  • Rigid-Flex

Medical in FPC Market by Laminate Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Polyimide
  • Polyester
  • Others

Medical in FPC Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Medical Companies in the Global FPC market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical companies in the global FPC cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical companies in the global FPC profiled in this report include.
  • NOK Corporation
  • Sumitomo Electric
  • Fujikura
  • Nitto Denko Corporation
  • Interflex

Medical in the FPC Market Insights

  • The analyst 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.
  • 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.

Features of Medical in the FPC Market

  • Market Size Estimates: Medical in the FPC market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Medical in the FPC market size by various segments, such as by technology, laminate material type, and region
  • Regional Analysis: Medical in the FPC market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by technology, laminate material type, and regions for medical in the FPC market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for medical in the FPC market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQs

Q1. What is medical in the FPC market size?
Answer: Medical in the global FPC market is expected to reach an estimated $0.76 billion by 2028.

Q2. What is the growth forecast for medical in the FPC market?
Answer: Medical in the global FPC market is expected to grow with a CAGR of 7.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of medical in the FPC market?
Answer: 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.

Q4. What are the major segments for medical in the FPC market?
Answer: The future of medical in the FPC market looks promising with opportunities in the single layer, double layer, multi- layer, and rigid-flex markets.

Q5. Who are the key medical companies in the global FPC market?
Answer: Some of the key medical companies in the global FPC are as follows:
  • NOK Corporation
  • Sumitomo Electric
  • Fujikura
  • Nitto Denko Corporation
  • Interflex
Q6. Which medical in the FPC segment will be the largest in future?
Answer: The analyst 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.

Q7. In medical in the FPC market, which region is expected to be the largest in next 5 years?
Answer: 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.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions

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?


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Table of Contents

1. Executive Summary
2. Medical in the Global FPC Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Medical in the Global FPC Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Medical in the Global FPC Market by Technology
3.3.1: Single Layer
3.3.2: Double Layer
3.3.3: Multi-Layer
3.3.4: Rigid-Flex
3.4: Medical in the Global FPC Market by Laminate Material Type
3.4.1: Polyimide
3.4.2: Polyester
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Medical in the Global FPC Market by Region
4.2: Medical in the North American FPC Market
4.2.1: Medical in the North American FPC Market by Technology: Single Layer, Double Layer, Multi-Layer, and Rigid Flex
4.2.2: Medical in the North American FPC Market by Laminate Material Type: Polyimide, Polyester, and Others
4.3: Medical in the European FPC Market
4.3.1: Medical in the European FPC Market by Technology: Single Layer, Double Layer, Multi-Layer, and Rigid Flex
4.3.2: Medical in the European FPC Market by Laminate Material Type: Polyimide, Polyester, and Others
4.4: Medical in the APAC FPC Market
4.4.1: Medical in the APAC FPC Market by Technology: Single Layer, Double Layer, Multi-Layer, and Rigid Flex
4.4.2: Medical in the APAC FPC Market by Laminate Material Type: Polyimide, Polyester, and Others
4.5: Medical in the ROW FPC Market
4.5.1: Medical in the ROW FPC Market by Technology: Single Layer, Double Layer, Multi-Layer, and Rigid Flex
4.5.2: Medical in the ROW FPC Market by Laminate Material Type: Polyimide, Polyester, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Medical in the Global FPC Market by Technology
6.1.2: Growth Opportunities for Medical in the Global FPC Market by Laminate Material Type
6.1.3: Growth Opportunities for Medical in the Global FPC Market by Region
6.2: Emerging Trends of Medical in the Global FPC Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Medical in the Global FPC Market
6.3.3: Mergers, Acquisitions, and Joint Ventures for Medical in the Global FPC Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: NOK Corporation
7.2: Sumitomo Electric
7.3: Fujikura
7.4: Nitto Denko Corporation
7:5: Interflex

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • NOK Corporation
  • Sumitomo Electric
  • Fujikura
  • Nitto Denko Corporation
  • Interflex

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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