Photos from Envato
By end user type, hospitals are expected to account for the highest demand.
According to Stratview Research, the global medical composites market is expected to grow 6.8% annually to be worth $845 million by 2030.
The industry’s expansion is driven by the ongoing demand for diagnostic imaging applications, the need for lightweight and ray-ray materials, and regulatory approval for medical devices.
Depending on the end user type, hospitals are expected to account for the highest demand during the forecast period.
Depending on the type of application, prosthetics are expected to dominate the market, while medical robots are expected to grow the fastest during this period.
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