Medical composite materials
are formed by mixing two or more components. These materials offer greater
performance than individual components. Some of the major benefits of medical
composite materials are high strength-to-weight ratio, excellent fatigue
endurance, corrosion resistance, good impact resistance, and malleability. As a
result of these properties, the Medical sector prefers medical composite
materials compared to steel, plastic, and aluminum for producing custom-made
and complex products.
Analysts forecast
the Global Medical
Composite Materials market to
grow at a CAGR of 6.84 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Global Medical
Composite Materials Market: Icotec AG, Polygon Composites, PolyOne Corp.,
Quatro Composites and Toray Industries Inc.
Other Prominent
Vendors in the market are: 3M, Advanced Glassfiber Yarns, APT Ireland, Asahi
Glass, Axial, Bal Seal Engineering, BGF Industries, The Binani Group 3b-The
Fibreglass, C K Composites, Chomarat Group, Chongqing Polycomp International,
ComposiFlex, Composites Horizons, Cospheric, Dennert Poraver, Eko Export,
Evonik Röhm, Glasforms, Henkel, Heuchel, Induchem Holding, Johns Manville,
Jushi Group, Kanfit, Luminex, Luxfer Group, Materion, Matsumoto Yushi Seiyaku,
Medical Composite Technologies, Merit Medical Systems, Mitsubishi Rayon, Mo
Sci, Momentive Performance Materials, Nippon Sheet Glass, Osthoff Omega Group,
Otto Bock, Owens Corning, Partial Hand Solutions, Phosporex, PlastiComp,
PolyMedex Discovery Group, Pultruder Glasforms, Refitech, RTP, Saertex Group,
Saint-Gobain Vetrotex, Solid Concepts, Taishan Fiberglass, The Luxfer Group,
Vanguard Plastics, Vermont Composites, Victrex and Web Industries.
One of the major
trends emerging in this market is the usage of nano fibers in soft tissue
implants. Synthetic bioactive and bioresorbable composite materials are being
used as scaffolds in tissue engineering.
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Covered in this Report
The Global Medical
Composite Materials market can be segmented into three, based on type: fiber
composites, polymer metal composites, and polymer ceramics composites. The
Fiber Composites market can be further segmented into carbon fiber, glass
fiber, natural fiber, polymer fiber, and metal fiber.
Global Medical
Composite Materials Market 2014-2018, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the
Americas, and the EMEA and APAC regions; it also covers the Global Medical
Composite Materials market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
According to the
report, the need for advanced devices for orthopedics is one of the major
drivers of the market. Medical composite materials are increasingly being used
in prosthetics and body implants.
Further, the report
states that volatility in raw material prices is one of the major challenges
confronting the market. The price of carbon fiber composites and the
manufacturing cost of composite materials are very high.
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