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MEDICAL COMPOSITES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Medical Composites Market, By Fiber Type (Carbon Fiber Composites, Glass Fiber Composites, Aramid Fiber Composites, and Others), By Application (Diagnostic Imaging, Composite Body Implants, Dental Composites, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : May 2024
  • Code : CMI6940
  • Pages :175
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Concentration and Competitive Landscape

Medical Composites Market Concentration By Players

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Increasing Demand from Orthopedics and Trauma Applications

Medical composites are increasingly being used in load-bearing implants such as hips and knees due to their high strength to weight ratio. Composite materials provide surgeons flexibility in designing implants precisely suited for individual patient anatomy which helps improve implant fixation and longevity. This has led to superior clinical outcomes and higher patient satisfaction levels. Moreover, composites offer design advantages over metal implants allowing implants to mimic characteristics of natural bone more closely. This results in reduced stress shielding effects and enhances bone regeneration around implants over long term. Composites are also becoming the material of choice for components in trauma fixation devices such as plates, screws, and rods. Their elastic modulus being closer to bone modulus compared to stainless steel and titanium helps reduce stress problems often associated with stiff metal implants. At the same time, advanced fiber reinforced composites offer high tensile strength and resistance to fatigue required in trauma fixation applications. Researchers are continuously working on the development of new composite formulations with optimized mechanical and biological properties to further improve the performance of orthopedic and trauma implants. This growing focus on enhancing post-operative quality of life of patients through technological advancements in implant materials is fueling demand from the orthopedics and trauma segment.

Key Players Insights
  • Toray Industries Inc.
  • 3M
  • DSM
  • Polygon Company
  • Compoiflex
  • Icotech AG
  • Shanghai Cedar Composites Technology Co. Ltd.
  • Vermont Composites, Inc.
  • Royal Tencate N.V.
  • PolyOne Corporation
  • Quatro Composite LCC
  • Dentsply Sirona
  • Ceram Tech GmbH
  • Evonik Industries AG

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