, /PRNewswire/ -- The global medical composite materials market size is estimated to grow by from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.87% during the forecast period.
Increasing demand for lightweight material in medical industry is driving market growth, with a trend towards increasing use of ceramic matrix composites in medical industry. However, fluctuations in raw material prices of medical composite materials poses a challenge. Key market players include Co.
, ACP Composites Inc., Avient Corp., Coltene Whaledent AG, Composiflex, CoorsTek Inc.
, Den Mat Holdings LLC, Dentsply Sirona Inc., Evonik Industries AG, Henkel AG and Co. KGaA, icotec AG, Kaman Corp.
, Koninklijke DSM NV, Kulzer GmbH, Mitsubishi Chemical Group Corp., Polygon Co., SGL Carbon SE, Shofu Inc.
, Tokuyama Corp., and Toray Industries Inc..
Get a detailed analysis on regions, market segments, customer landscape, and companies - In the medical industry, ceramic matrix composites (CMCs) have gained significant attention due to their superior strength and wear resistance properties. These composites have been extensively used in dental and orthopedic applications due to their high flaw tolerance, preventing microcracks during polishing or roughening. The demand for dental and orthopedic implants is on the rise, particularly in countries like , Korea, and , with large aging populations.
Developing countries such as and also have a substantial aging population base, lead.
