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, Euro
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)
The global medical composites market has witnessed significant growth over the past few years owing to the increasing prevalence of chronic diseases and growing geriatric population worldwide who are more susceptible to various diseases. Medical composites are widely used in various medical applications such as dental, orthopedic, diagnostic imaging, vascular implants, and others due to their properties like biocompatibility and capability to mimic human tissues. Moreover, the evolving healthcare industry with technological advancements in composite materials and growing funding for medical research are fueling the demand for composites for various medical components. However, stringent regulatory approval processes and high cost of medical composites remain key challenges for market growth.
Market Dynamics:
The global medical composites market is driven by rising geriatric population, increasing investment in healthcare infrastructure in developing nations, and growing preference for minimally invasive surgeries among patients. However, high costs associated with production and regulatory compliances for medical devices are projected to hinder the market growth during the forecast period. Various initiatives by governments and manufacturing companies to reduce the costs through R&D on advanced composite materials may present lucrative opportunities for market expansion. Moreover, use of 3D printing and nanotechnology for developing customized medical implants using composites will further open new avenues over the next few years.
Key Features of the Study:
This report provides an in-depth analysis of the global medical composites market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical composites market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this includes 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, and Evonik Industries AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global medical composites market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical composites market
Detailed Segmentation-
By Fiber Type:
Carbon Fiber Composites
Glass Fiber Composites
Aramid Fiber Composites
Others
By Application:
Diagnostic Imaging
Composite Body Implants
Dental Composites
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
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
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Fiber Type
Market Snapshot, By Application
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Medical Composites Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Medical Composites Market, By Fiber Type, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Carbon Fiber Composites
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Glass Fiber Composites
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Aramid Fiber Composites
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
6. Global Medical Composites Market, By Application, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Diagnostic Imaging
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Composite Body Implants
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Dental Composites
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
7. Global Medical Composites Market, By Region, 2019 – 2031, (USD Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)
North Africa
Central Africa
South Africa
8. Competitive Landscape
Company Profiles
Toray Industries Inc.*
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
3M
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
DSM
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Polygon Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Compoiflex
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Icotech AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Shanghai Cedar Composites Technology Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Vermont Composites, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Royal Tencate N.V.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
PolyOne Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Quatro Composite LCC
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Dentsply Sirona
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Ceram Tech GmbH
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Evonik Industries AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
9. Analyst View
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
About us and Sales Contact
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