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Medical Composites Market Worth 934.7 Million USD by 2021


News provided by

MarketsandMarkets

07 Nov, 2016, 13:30 GMT

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PUNE, India, November 7, 2016 /PRNewswire/ --

The report "Medical Composites Market by Fiber Type (Carbon, Ceramic, Glass Fiber), Application (Diagnostic Imaging, Composites Body Implants, Surgical Instruments, Dental, Microsphere, Tissue Engineering) - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to reach USD 934.7 Million by 2021, registering a CAGR of 7.10% between 2016 and 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 68 market data Tables and 43 Figures spread through 127 Pages and in-depth TOC on "Medical Composites Market"

http://www.marketsandmarkets.com/Market-Reports/medical-composite-market-181559256.html

Early buyers will receive 10% customization on this report. 

The increasing use diagnosing imaging technologies such as X-ray, CT-scan in the medical industry have enhanced the development of radiolucent, light weight, and bio-compatible composites materials. These composites help in reducing weight of the instruments and provide better positioning for patient in treatment. The demand for composites is further driven by technological advancement in dental materials where use of composites is increasing.

Carbon fiber composites accounts for major share of the medical composites market 

Carbon fiber composites have the highest market share in the overall medical composites market owing to their wide usage in diagnostic imaging components, prosthetic & composites implants, and surgical instruments. This is backed by their superior physical and mechanical properties such as strength, radiolucency, bio-compatibility, lightweight, and resistance to corrosion, temperature, and moisture.

Make Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=181559256

Diagnostic imaging is the largest application segment of the medical composites market 

Medical composites find high usage in the diagnostic imaging components manufacturing industry with a share of 46% of the overall Medical Composites Market. These composites products find applications in patient imaging tables and accessories used in X-ray, MRI, PET, and CT imaging systems.  Use of medical composites lowers the weight of instrument, offers better positioning for patient, and helps in generating clearer images. These factors increase the demand for composites parts in medical instruments.

Europe accounts for the major share of the global medical composites market 

Europe accounts for the largest share of the global medical composites market owing to high demand from diagnostic imaging components and composite implants & prostatic applications. In recent years, there have been great technological advancements as well as wider acceptance of the use of composites materials in orthotics, prosthetics, and imaging support equipment. This will drive the medical composites market in the coming years.

Some of the key global players of the medical composites market are Toray Industries Inc. (Japan), Quatro Composite LCC (U.S.), ACP Composites, Inc. (U.S.), Mitsubishi Rayon Co. Ltd. (Japan), Vermont Composites, Inc. (U.S.), Royal DSM (Netherlands), and others. These players have adopted various organic and inorganic developmental strategies in the past five years to maintain its position in the medical composites market.

Browse Related Reports: 

Composites Market by Type (Carbon Fiber Composites, Glass Fiber Composites and Others), Resin Type (Thermoplastic Composites and Thermosetting Composites), Manufacturing Process, Application and by Region - Global Trends and Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html

Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011 - 2016)
http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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