DUBLIN, Oct. 20, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/p5h563/global_medical) has announced the addition of the "Global Medical Composite Material Market for Orthopedics 2015-2019" report to their offering.
The global medical composite material market for orthopedics to grow at a CAGR of 7.23% during 2014-2019.
The report, namely Global Medical Composite Material Market 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. We covers North America, Europe, APAC, South and Central America, and MEA markets and also present the market landscape and its growth prospects in the coming years. In addition, we discuss the key vendors operating in the market.
The global medical composite material market can be segmented into three divisions based on type: Fiber composite, polymer metal composite, and polymer ceramic composite. Fiber composites are lighter and renders great external impact resistance, and thus is used in manufacturing various components such as prosthetics and implants.
A new class of composite materials formed through nano technology is being used in the field of soft tissue implants. These nano fibers are used for various applications in the medical field. In addition, nano fibers have good durability and adhesive properties. Synthetic bioactive and bioresorbable composite materials are being used as scaffolds in tissue engineering. Nano fiber scaffold fabrication is cost effective and user-friendly. Nano fibers also help with problems relating to inadequate cell infiltration.
According to the report, medical composite materials are being used in implantable medical devices. Composite materials help in biocompatibility and osteoconductivity. Biodegradable polymers are modified with a ceramic component to form implants. Carbon fiber/PEEK polymer composites are also being used to manufacture orthopedic implantable material as other materials can lead to osteolysis and implant loosening. Corrosion is the major cause implant failure.
Further, the report states that volatility in raw material prices is one of the major challenges confronting the market.
Key Vendors
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For more information visit http://www.researchandmarkets.com/research/p5h563/global_medical
Media Contact:
Laura Wood, +353-1-481-1716, press@researchandmarkets.net
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