Research and Markets - Global Medical Composites Market Value of USD 934.7 Million by 2021 - Trends, Technologies & Forecasts Report 2016-2021 - Vendors: Toray Industries, Vermont Composites, Composiflex
The global medical composites market is projected to grow from USD 663.3 Million in 2016 to USD 934.7 Million by 2021, at a CAGR of 7.10% during the forecast period. The medical composites market is growing because of high demand for diagnostic imaging application as they are radiolucent and do not hinder the diagnosis process.
Medical composites manufactured using carbon fiber has advantages such as lightweight, biocompatible, and resistance to corrosion. It also helps in avoiding revision operations. These properties are driving the use of medical composites in applications such as composite body implants, surgical instruments, dental, and diagnostic imaging.
Composite body implants and diagnostic imaging are the major applications of medical composites. Composite body implants is more flexible and can share the load with surrounding bone so there is less bone loss. One of the fastest-growing uses of advanced composites in medical composites is in patient imaging tables and accessories used in X-ray, MRI, PET, and CT imaging systems.
They are used in these application as they have as radiolucency and absorb low levels of radiant energy. This characteristic help minimize signal interference to enable capture of clear images for use in medical diagnostics. This is driving the use of medical composites in diagnostic imaging.