Medical composite is made of two or more materials that have different chemical and physical properties, in order to make a new material that has different characteristics than the combined materials. The new material are produced may have many reasons such as materials which are stronger, less expensive or lighter, when it is compared to traditional materials.This growth is primarily driven by Increasing Demand for Lightweight and Radiolucent Material and Surging Use of Composite Material in Orthopedic Applications.
Globally, a noticeable market trend is evident Emergence of Biodegradable Composites for Medical Implants. Major Vendors, such as 3M (United States), Huntsman Corporation (United States), Gurit Holding AG (Switzerland), Scott Bader Co. Ltd. (United Kingdom), Teijin Ltd. (Japan), Royal TenCate N.V. (Netherlands), Toray Industries Inc. (Japan), Quatro Composite LCC (United States), ACP Composites, Inc. (United States), Mitsubishi Rayon co. Ltd. (Japan) and Vermont Composites, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increasing Demand for Lightweight and Radiolucent Material
- Surging Use of Composite Material in Orthopedic Applications
- Emergence of Biodegradable Composites for Medical Implants
- Stringent Regulations By the Food and Drug Administration (FDA) and Other Regional Regulations
- High Cost of Carbon Fiber Materials
Increasing Advent of Novel Materials by Key Players and The Growth in Demand of High-Performance Composites and Thermoplastics
Price Fluctuations of Raw Material
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