Lucintel's latest market report analyzed that medical in the global FPC provides attractive opportunities in the single layer, double layer, multi- layer, and rigid-flex markets. The medical in the global FPC market is expected to reach $0.76 billion by 2028 with a CAGR of 7.5%. In this market, polyimide is the largest segment by laminate material type, whereas rigid-flex is largest by technology.
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Based on laminate material type, the medical in the global FPC market is segmented into polyimide, polyester, and others. The polyimide segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during 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.
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The Medical in the global FPC Market is marked by the presence of several big and small players. Some of the prominent players offering medical in the global FPC include NOK Corporation, Sumitomo Electric, Fujikura, Nitto Denko Corporation, and Interflex.
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