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Medical Composite Market

Medical Composite Market by Fiber Type (Carbon Fiber, Glass Fiber, and Other) and Application (Diagnostic Imaging, Composites Body Implant, Dental Medical Composites, Surgical Instruments, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14376
Pages: 256
Nov 2021 | 110 Views
   
Author(s) : Chidanand Bilagi, Nikhil Mittal , Eswara Prasad
Tables: 162
Charts: 69
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global medical composites market was valued at $0.9 billion in 2020, and is projected to reach $2.1 billion by 2030, growing at a CAGR of 9.0% from 2021 to 2030.

The global medical composites market has been moderately affected due to COVID-19 pandemic. Several consultancy firms are offering advisory services for key players that are planning to expand their business and are offering financial support for startup medical composite manufacturing companies during COVID-19 pandemic.

Composite material is a blend of two or more materials that have distinctive chemical or physical properties. Glass fiber or fiberglass composite finds diverse applications in the medical industry, owing to its ability to be molded into complex aesthetic shapes and enhanced structural strength.            

Medical-Composites-Market-2021-2030

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Carbon fiber medical composites are used in surgical applications, owing to their chemical inertness and lightweight. In addition, medical composite made up of carbon fiber is utilized as a conjugation material in medical application as an alternative over metallic or polymeric materials. Medical cartilage is another device that is widely used in the medical sector. Carbon fiber medical composites help to promote biological resurfacing of damaged areas, making them suitable for use in medical cartilages. Open weave structure of carbon fiber medical composites promote cell growth between individual fiber material that in turn results in suitable repair. In addition, carbon fiber medical composites offer enhanced load-bearing capability, thus making them suitable to be used in artificial limbs. All these factors collectively surge the demand for medical composites, thereby augmenting the global market growth.

However, production of medical composites involves complex process which in turn increase the cost of the product. In addition, shape of medical composites cannot be easily altered is the major factor that is anticipated to restrain the growth of the global market. 

On the contrary, minimally invasive surgery (MIS) is that surgical procedure, which is performed with the use of incision surgical instruments and minimizes patient recovery time. Surge in demand for MIS has further created need for precision surgical instruments, which, in turn, has escalated the demand for medical composites. In addition, these precision surgical instruments help surgeons to perform critical surgical procedures with aid of other imaging systems such as real-time imaging and micro-televisions. Insertion of cannula into body is an example of MIS that is performed with the use of micro-sized surgical instruments and cauterization devices. This factor is anticipated to offer new opportunities for the growth of the global medical composites market. 

The global composites market analysis is done on the basis of fiber type, application, and region. Depending on fiber type, the market is divided into carbon fiber, glass fiber, and others. The applications covered in the study include diagnostic imaging, composite body implants, surgical instruments, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in this report include CeramTec GmbH, Composiflex Inc., Dentsply Sirona, IDI Composites International, Inc., Kulzer GmbH, ROYAL DSM N.V., SGL Carbon SE, the 3M Company, Toray Industries, Inc., and Zeus Industrial Products, Inc.

Medical Composites Market, by Region

The Asia-Pacific medical composites market accounted for 29.5% of medical composites market share in 2020, and is projected to grow at the highest CAGR of 9.0% during the forecast period. Use of carbon fiber-reinforced composites in dental implants is the key market trend. Moreover, surge in demand for medical composites in osseous screws and bearing surfaces in the orthopedic sector. Hydroxyapatite composite is another development that is used in soothing fractures and cancellous screw fixation in elder population and people suffering from osteoporotic. Dental care is independent and distinct healthcare segment in mainland China.

Medical Composite Market
By Region

2030
North America 
2030
Europe 
2030
Asia-pacific 
Lamea

Asia-Pacific would exhibit highest CAGR of 10.1% during 2021-2030.

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Medical Composites Market, by Fiber Type

In 2020, the carbon fiber segment was the largest revenue generator, and is anticipated to grow at a CAGR of 9.1% during the forecast period. Carbon fiber medical composites offer enhanced load-bearing capability, thus making them suitable to be used in artificial limbs is the key market trend. Load-carrying links are utmost important in joint mechanism and carbon fiber medical composites are used for this application, owing to their stiffness and biocompatibility.

Medical Composite Market
By Fiber Type

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Carbon Fiber type is the most lucrative segment

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Medical Composites Market, by Application

In 2020, the diagnostic imaging application was the largest revenue generator, and is anticipated to grow at a CAGR of 9.4% during the forecast period. Carbon fiber composites are widely used in diagnostic imaging tables and other imaging accessories such as CT scan tables, MRI tables, and positron emission tomography (PET) tables. Carbon fiber composites are radiolucent, absorb minimal level of radiant energy, and minimize signal attenuation. Minimal signal attenuation further helps to capture clear images of the patient body or targeted body part.

Medical Composite Market
By Application

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Diagnostic Imaging application is projected as the fastest growing segment

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Key benefits for stakeholders

  • The report outlines the current market trends and future estimations of global medical composites market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Medical Composite Market

  • The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. 
  • The global medical composites market has been moderately affected due to COVID-19 pandemic. The major end-users of medical composites include dental, diagnostic, and surgical sectors. Medical composites are used in medical diagnostic devices and treatment owing to the ability of composites to promote the healing process and patient recovery process. 
  • Epoxy medical composites are used in medical imaging tables owing to high strength and low signal diminution for nuclear imaging property. In addition, medical composites can also be used in PET/CT diagnostic imaging devices. 
  • In addition, several consultancy firms are offering advisory services for those key players that are planning to expand their business and are offering financial support for startup medical composite manufacturing companies. For instance, Alpha Executive Advisory a German based consultancy firmed its agreement with AMAC that will offer financial support to startup companies. 

Key Market Segments

  • By Fiber Type
    • Carbon Fiber
    • Glass Fiber
    • Others
  • By Application
    • Diagnostic Imaging
    • Composite Body Implant
    • Dental Medical Composite
    • Surgical Instruments
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Italy
      • Spain
      • UK
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA
  • Key players in the global medical composite market are:
    • CeramTec GmbH
    • Composiflex Inc.
    • Dentsply Sirona
    • IDC Composite International Inc.
    • Kulzer GmbH
    • Royal DSM N.V.
    • SGL Carbon SE
    • The 3M Company
    • Toray Industries Inc.
    • Zeus Industrial Products Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increasing use of medical composites in diagnostic imaging application
3.4.1.2.Surge in demand from composite body implants

3.4.2.Restraint

3.4.2.1.High production cost

3.4.3.Opportunity

3.4.3.1.Increase in demand for medical composite from dental medical composites

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global medical composites market
3.8.Impact of COVID-19 on the global medical composites market
3.9.Patent analysis, 2012-2021

CHAPTER 4:GLOBAL MEDICAL COMPOSITE MARKET, BY FIBER TYPE

4.1.Overview

4.1.1.Market size and forecast, by fiber type

4.2.Carbon fiber

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Glass fiber

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Others

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:GLOBAL MEDICAL COMPOSITES MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast, by application

5.2.Diagnostic imaging

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Composite body implants

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Dental medical composites

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.Surgical Instruments

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country

CHAPTER 6:MEDICAL COMPOSITES MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by fiber type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by fiber type
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by fiber type
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by fiber type
6.2.7.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by fiber type
6.3.3.Market size and forecast, by application
6.3.4.Market share analysis, by country
6.3.5.Germany

6.3.5.1.Market size and forecast, by fiber type
6.3.5.2.Market size and forecast, by application

6.3.6.France

6.3.6.1.Market size and forecast, by fiber type
6.3.6.2.Market size and forecast, by application

6.3.7.Italy

6.3.7.1.Market size and forecast, by fiber type
6.3.7.2.Market size and forecast, by application

6.3.8.Spain

6.3.8.1.Market size and forecast, by fiber type
6.3.8.2.Market size and forecast, by application

6.3.9.U.K.

6.3.9.1.Market size and forecast, by fiber type
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by fiber type
6.3.10.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by fiber type
6.4.3.Market size and forecast, by application
6.4.4.Market share analysis, by country
6.4.5.China

6.4.5.1.Market size and forecast, by fiber type
6.4.5.2.Market size and forecast, by application

6.4.6.India

6.4.6.1.Market size and forecast, by fiber type
6.4.6.2.Market size and forecast, by application

6.4.7.Japan

6.4.7.1.Market size and forecast, by fiber type
6.4.7.2.Market size and forecast, by application

6.4.8.South Korea

6.4.8.1.Market size and forecast, by fiber type
6.4.8.2.Market size and forecast, by application

6.4.9.Australia

6.4.9.1.Market size and forecast, by fiber type
6.4.9.2.Market size and forecast, by application

6.4.10.Rest of Asia-Pacific

6.4.10.1.Market size and forecast, by fiber type
6.4.10.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by fiber type
6.5.3.Market size and forecast, by application
6.5.4.Market share analysis, by country

6.5.5.Brazil

6.5.5.1.Market size and forecast, by fiber type
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by fiber type
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by fiber type
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by fiber type
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.INTRODUCTION

7.1.1.MARKET PLAYER POSITIONING, 2020

7.2.TOP WINNING STRATEGIES

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.PRODUCT MAPPING OF TOP 10 PLAYER

7.4.COMPETITIVE DASHBOARD
7.5.COMPETITIVE HEATMAP
7.6.KEY DEVELOPMENTS

7.6.1.New product launches
7.6.2.Expansions
7.6.3.Other developments

CHAPTER 8:COMPANY PROFILES:

8.1.CeramTec GmbH

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance

8.2.Composiflex Inc

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio

8.3.Dentsply Sirona

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments

8.4.IDI Composites International, Inc.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio

8.5.Kulzer GmbH

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.Royal DSM N.V.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance

8.7.SGL Carbon SE

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.The 3M Company

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance

8.9.Toray Industries, Inc.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance

8.10.Zeus Industrial Products, Inc.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL MEDICAL COMPOSITE MARKET, BY FIBER TYPE, 2020-2030 ($MILLION)
TABLE 02.GLOBAL MEDICAL COMPOSITE MARKET, BY FIBER TYPE, 2020-2030 (TON)
TABLE 03.MEDICAL COMPOSITE MARKET FOR CARBON FIBER, BY REGION, 2020–2030 ($MILLION)
TABLE 04.MEDICAL COMPOSITE MARKET FOR CARBON FIBER, BY REGION, 2020–2030 (TON)
TABLE 05.MEDICAL COMPOSITE MARKET FOR GLASS FIBER, BY REGION, 2020–2030 ($MILLION)
TABLE 06.MEDICAL COMPOSITE MARKET FOR GLASS FIBER, BY REGION, 2020–2030 (TON)
TABLE 07.MEDICAL COMPOSITE MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 08.MEDICAL COMPOSITE MARKET FOR OTHERS, BY REGION, 2020–2030 (TON)
TABLE 09.GLOBAL MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 10.GLOBAL MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020-2030 (TON)
TABLE 11.MEDICAL COMPOSITES MARKET FOR DIAGNOSTIC IMAGING, BY REGION, 2020–2030 ($MILLION)
TABLE 12.MEDICAL COMPOSITES MARKET FOR DIAGNOSTIC IMAGING, BY REGION, 2020–2030 (TON)
TABLE 13.MEDICAL COMPOSITES MARKET FOR COMPOSITE BODY IMPLANTS, BY REGION, 2020–2030 ($MILLION)
TABLE 14.MEDICAL COMPOSITES MARKET FOR COMPOSITE BODY IMPLANTS, BY REGION, 2020–2030 (TON)
TABLE 15.MEDICAL COMPOSITES MARKET FOR DENTAL MEDICAL COMPOSITES, BY REGION, 2020–2030 ($MILLION)
TABLE 16.MEDICAL COMPOSITES MARKET FOR DENTAL MEDICAL COMPOSITES, BY REGION, 2020–2030 (TON)
TABLE 17.MEDICAL COMPOSITES MARKET FOR SURGICAL INSTRUMENTS, BY REGION, 2020–2030 ($MILLION)
TABLE 18.MEDICAL COMPOSITES MARKET FOR SURGICAL INSTRUMENTS, BY REGION, 2020–2030 (TON)
TABLE 19.MEDICAL COMPOSITES MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 20.MEDICAL COMPOSITES MARKET FOR OTHERS, BY REGION, 2020–2030 (TON)
TABLE 21.MEDICAL COMPOSITES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 22.MEDICAL COMPOSITES MARKET, BY REGION, 2020–2030 (TON)
TABLE 23.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 25.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 27.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 28.NORTH AMERICA MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 29.U.S. MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 30.U.S. MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 31.U.S. MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.U.S. MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 33.CANADA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 34.CANADA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 35.CANADA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.CANADA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 37.MEXICO MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 38.MEXICO MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 39.MEXICO MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.MEXICO MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 41.EUROPE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 42.EUROPE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 43.EUROPE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.EUROPE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 45.EUROPE MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 46.EUROPE MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 47.GERMANY MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 48.GERMANY MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 49.GERMANY MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.GERMANY MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 51.FRANCE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 52.FRANCE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 53.FRANCE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.FRANCE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 55.ITALY MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 56.ITALY MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 57.ITALY MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 58.ITALY MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 59.SPAIN MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 60.SPAIN MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 61.SPAIN MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.SPAIN MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 63.UK MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 64.UK MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 65.UK MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.UK MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 67.REST OF EUROPE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 68.REST OF EUROPE MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 69.REST OF EUROPE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 70.REST OF EUROPE MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 71.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 72.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 73.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 75.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 76.ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 77.CHINA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 78.CHINA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 79.CHINA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 80.CHINA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 81.JAPAN MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 82.JAPAN MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 83.JAPAN MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 84.JAPAN MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 85.INDIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 86.INDIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 87.INDIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 88.INDIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 89.SOUTH KOREA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 90.SOUTH KOREA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 91.SOUTH KOREA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 92.SOUTH KOREA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 93.AUSTRALIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 94.AUSTRALIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 95.AUSTRALIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 96.AUSTRALIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 97.REST OF ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 98.REST OF ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 99.REST OF ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 101.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 102.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 103.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 104.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 105.LAMEA MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 106.LAMEA MEDICAL COMPOSITES MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 107.BRAZIL MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 108.BRAZIL MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 109.BRAZIL MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 110.BRAZIL MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 111.SAUDI ARABIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 112.SAUDI ARABIA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 113.SAUDI ARABIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 114.SAUDI ARABIA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 115.SOUTH AFRICA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 116.SOUTH AFRICA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 117.SOUTH AFRICA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 118.SOUTH AFRICA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 119.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 ($MILLION)
TABLE 120.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY FIBER TYPE, 2020–2030 (TON)
TABLE 121.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 122.REST OF LAMEA MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 123.KEY NEW PRODUCT LAUNCHES (2017-2021)
TABLE 124.KEY EXPANSIONS (2017-2021)
TABLE 125.OTHER KEY DEVELOPMENTS (2017-2021)
TABLE 126.CERAMTEC GMBH: COMPANY SNAPSHOT
TABLE 127.CERAMTEC GMBH: OPERATING SEGMENT
TABLE 128.CERAMTEC GMBH: PRODUCT PORTFOLIO
TABLE 129.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 130.COMPOSIFLEX INC: COMPANY SNAPSHOT
TABLE 131.COMPOSIFLEX INC: OPERATING SEGMENT
TABLE 132.COMPOSIFLEX INC: PRODUCT PORTFOLIO
TABLE 133.DENTSPLY SIRONA: COMPANY SNAPSHOT
TABLE 134.DENTSPLY SIRONA: OPERATING SEGMENT
TABLE 135.DENTSPLY SIRONA: PRODUCT PORTFOLIO
TABLE 136.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 137.DENTSPLY SIRONA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 138.IDI COMPOSITES INTERNATIONAL, INC.: COMPANY SNAPSHOT
TABLE 139.IDI COMPOSITES INTERNATIONAL, INC.: OPERATING SEGMENT
TABLE 140.IDI COMPOSITES INTERNATIONAL, INC.: PRODUCT PORTFOLIO
TABLE 141.KULZER GMBH: COMPANY SNAPSHOT
TABLE 142.KULZER GMBH: PRODUCT PORTFOLIO
TABLE 143.ROYAL DSM N.V.: COMPANY SNAPSHOT
TABLE 144.ROYAL DSM N.V.: OPERATING SEGMENTS
TABLE 145.ROYAL DSM N.V.: PRODUCT PORTFOLIO
TABLE 146.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 147.SGL CARBON SE: COMPANY SNAPSHOT
TABLE 148.SGL CARBON SE: OPERATING SEGMENT
TABLE 149.SGL CARBON SE: PRODUCT PORTFOLIO
TABLE 150.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 151.THE 3M COMPANY: COMPANY SNAPSHOT
TABLE 152.THE 3M COMPANY: OPERATING SEGMENTS
TABLE 153.THE 3M COMPANY: PRODUCT PORTFOLIO
TABLE 154.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 155.TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 156.TORAY INDUSTRIES, INC.: OPERATING SEGMENT
TABLE 157.TORAY INDUSTRIES, INC.: PRODUCT PORTFOLIO
TABLE 158.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 159.ZEUS INDUSTRIAL PRODUCTS, INC.: COMPANY SNAPSHOT
TABLE 160.ZEUS INDUSTRIAL PRODUCTS, INC.: OPERATING SEGMENT
TABLE 161.ZEUS INDUSTRIAL PRODUCTS, INC.: PRODUCT PORTFOLIO
TABLE 162.ZEUS INDUSTRIAL PRODUCTS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.GLOBAL MEDICAL COMPOSITES MARKET SNAPSHOT
FIGURE 02.GLOBAL MEDICAL COMPOSITES MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE COMPETITIVE RIVALRY
FIGURE 09.GLOBAL MEDICAL COMPOSITES MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.GLOBAL MEDICAL COMPOSITES MARKET, PRICING ANALYSIS, BY FIBER TYPE, USD/TONS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2012-2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2012-2021
FIGURE 14.PATENT ANALYSIS, BY PUBLICATION DATE, 2012-2021
FIGURE 15.GLOBAL MEDICAL COMPOSITE MARKET, BY FIBER TYPE, 2020–2030 ($MILILION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITE MARKET FOR CARBON FIBER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITE MARKET FOR GLASS FIBER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.GLOBAL MEDICAL COMPOSITES MARKET, BY APPLICATION, 2020–2030 ($MILILION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITES MARKET FOR DIAGNOSTIC IMAGING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITES MARKET FOR COMPOSITE BODY IMPLANTS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITES MARKET FOR DENTAL MEDICAL COMPOSITES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITES MARKET FOR SURGICAL INSTRUMENTS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF MEDICAL COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.GLOBAL MEDICAL COMPOSITES MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 26.U.S. MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 27.CANADA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 28.MEXICO MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 29.GERMANY MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 30.FRANCE MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 31.ITALY MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 32.SPAIN MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 33.UK MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.REST OF EUROPE MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.CHINA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.JAPAN MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.INDIA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.SOUTH KOREA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.AUSTRALIA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.BRAZIL MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 42.SAUDI ARABIA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.SOUTH AFRICA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.REST OF LAMEA MEDICAL COMPOSITES MARKET REVENUE, 2020–2030($MILLION)
FIGURE 45.MARKET PLAYER POSITIONING, 2020
FIGURE 46.TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 47.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021 (%)
FIGURE 48.TOP WINNING STRATEGIES, BY COMPANY, 2017–2021
FIGURE 49.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 52.CERAMTEC GMBH: REVENUE, 2018–2020 ($MILLION)
FIGURE 53.CERAMTEC GMBH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.CERAMTEC GMBH: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.DENTSPLY SIRONA: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.DENTSPLY SIRONA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.DENTSPLY SIRONA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.ROYAL DSM N.V.: REVENUE, 2018–2020 ($MILLION)
FIGURE 59.ROYAL DSM N.V.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.ROYAL DSM N.V.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.SGL CARBON SE: REVENUE, 2018–2020 ($MILLION)
FIGURE 62.SGL CARBON SE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.SGL CARBON SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64.THE 3M COMPANY: REVENUE, 2018-2020 ($MILLION)
FIGURE 65.THE 3M COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 66.THE 3M COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.TORAY INDUSTRIES, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 68.TORAY INDUSTRIES, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.TORAY INDUSTRIES, INC.: REVENUE SHARE BY REGION, 2020 (%)

 
 

This section provides the opinion of the top-level CXOs in the medical composites market. As per the insights of the CXOs, the global medical composites market is expected to exhibit high growth potential, owing to incase in use of medical composites in diagnostic imaging, composite body implants, dental medical composites, and surgical instruments. Medical composite manufactures across Europe are focusing on increasing the use of medical composites in modular surgery operating tables. For example, Trumpf Medizin Systeme GmbH & Co. KG is a leader in Germany that is engaged in the production of computer tomographs and C-arms used for X-ray imaging. These both devices are manufactured with use of carbon fiber medical composites. In addition, expansion of the medical sector in Europe has escalated the demand for medical composites in applications such as medullary drills, biopsy forceps, endoscopes, and screwdrivers. In addition, combination of optical fiber along with carbon fiber composites enables doctors to seamlessly illumine the surgical position during minimally invasive surgical procedures. Factors such as biocompatibility, minimal weight, and rigidity of medical composites make them ideal for use in in high-tech prostheses. All these factors are driving the growth of the global medical composites market.

Key players in the medical composite market are launching innovative products in North America. For instance, Composites United e.V. (CU) launched a special resin matrix that can be blended with carbon fiber composite, which, in turn, enhances sterilizable factor of diagnostic imaging components. In addition, these diagnosis imaging products that are blended with CU resin matrix and carbon fiber composites are physiologically innocuous, biocompatible, and corrosion-resistant. This factor is anticipated to offer new opportunity in the global market

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A. Increasing use of medical composites in diagnostic imaging and composite body implant applications are the key factors boosting the medical composites market growth.

A. The global medical composites market forecast was valued at $883.4 million in 2020, and is projected to reach $2,090.6 million by 2030, growing at a CAGR of 9.0% from 2021 to 2030.

A. CeramTec GmbH, Composiflex Inc., Dentsply Sirona, IDI Composites International, Inc., Kulzer GmbH, ROYAL DSM N.V., SGL Carbon SE, The 3M Company, Toray Industries, Inc., and Zeus Industrial Products, Inc. are the most established players of the global medical composites market

A. Diagnostic imaging industry is projected to increase the demand for medical composites.

A. The global medical composites market is segmented on the basis of fiber type, application, and region. On the basis of fiber type, the global medical composites market is categorized into carbon fiber, glass fiber, and others. The applications covered in the study include diagnostic imaging, composite body implants, dental medical composites, and surgical instruments. Region wise, the medical composites market is studied across North America, Europe, Asia-Pacific, and LAMEA.

A. Medical composites are used in medical diagnostic devices and treatment owing to the ability of composites to promote the healing process and patient recovery process. Epoxy medical composites are used in medical imaging tables owing to high strength and low signal diminution for nuclear imaging property. In addition, medical composites can also be used in PET/CT diagnostic imaging devices. This is the Main Driver of Medical Composites Market.

A. Dental medical composites and composite body implant applications are expected to drive the adoption of medical composites market.

A. The global medical composites market has been moderately affected due to COVID-19 pandemic owing to its dependence on medical composites include dental, diagnostic, and surgical sectors.

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