According to Stratistics MRC, the Global Medical Composite Market is accounted for $922.00 million in 2020 and is expected to reach $2,266.58 million by 2028 growing at a CAGR of 11.9% during the forecast period. Growing demand for lightweight and radiolucent materials and rising demand for implantable devices are the major factors propelling the market growth. However, the high cost of carbon fiber materials is hampering the market growth.
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By geography, North America is going to have lucrative growth during the forecast period. The occurrence of many medical composite manufacturers and medical device manufacturers in the US and Canada supports the high share of this region.
Some of the key players profiled in the Medical Composite Market include SGL Carbon, Shofu, Inc., Tokuyama Dental Corporation, Inc., Toray Industries Inc., Vermont Composites Inc, 3M, ACP Composites Inc., Ceramtec, Coltene Group, Composiflex Inc., Coorstek Inc., Den-Mat Holdings, LLC., Dentsply Sirona, Icotec Ag, IDI Composites International, Ivoclar Vivadent Ag, Kulzer Gmbh, Kyocera Corporation, Morgan Advanced Materials plc, Royal DSM Nv, Quatro Composites, LLC, and Mitsubishi Rayon Co. Ltd.
Types Covered:
• Ceramic Matrix Composites
• Carbon Fiber Composites
• Fiber Composites
• Glass Fiber
• Metal Fiber
• Natural Fiber
• Polymer Ceramics Composites
• Polymer Fiber
• Polymer Metal Composites
• Aramid Fiber
Process Types Covered:
• Prepreg
• Wet Lamination
Applications Covered:
• Composites Body Implants
• Dental
• Diagnostic Imaging
• Microsphere
• Surgical Instruments
• Tissue Engineering
• Orthopedics
• Needles and Syringes
• Surgical & Diagnostic Tables
• Surgical Seals
• Bone Implants
• Prosthetic & Orthotics
End Users Covered:
• Diagnostic Imaging Centers
• Medical Device Companies
• Pharmaceutical Companies
• Research Centers
• Ambulatory Surgical Centers
• Hospital
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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