15 Jun, 2021 By Johny 2 Comments
In 2025, the global medical composite materials market will reach 1.478 billion U.S. dollars. Carbon fiber meets the proportion of over 78%
According to the latest market analysis report published on foreign websites, the global medical composite materials market is expected to grow from US$922 million in 2020 to US$1.478 billion in 2025, of which carbon fiber composite materials account for more than 78% of the medical composite material market.
Recently, the Research and Markets website released the “Medical Composites Market by Fiber Type, Application, and Region-Global Forecast to 2025” market analysis report, which details the current situation and development of the global medical composite material market from 2020 to 2025.
Due to the series of excellent properties such as high strength, thermal conductivity, and corrosion resistance, medical composite materials have a wide range of application requirements in the fields of diagnostic imaging, implants, surgical instruments, and dentistry. However, as the global pandemic of the COVID-19 pandemic has disrupted the development of composite materials in aerospace, automotive and transportation, and other industries, the global demand for medical composite materials will decline in 2020.
The fastest growth rate of carbon fiber medical composite materials:
In terms of composite material type, carbon fiber medical composite material will be the fastest growing medical composite material. The application of carbon fiber composite materials in the medical industry is increasing at a significant rate due to their excellent physical properties such as high strength, high stiffness and fatigue resistance.
At present, carbon fiber composite materials are widely used in medical fields such as tumor treatment, operating tables, wheelchairs and prostheses. In addition, carbon fiber has radiation permeability and clinical chemical resistance, and carbon fiber composite materials account for more than 78% of the reinforcement materials used in global medical composite materials. It is expected that during the forecast period, the growth in demand for these applications will further promote the development of the medical composite material market.
Medical composite materials are mostly used in dental applications:
In terms of application fields, dentistry is the fastest growing application field of medical composite materials. Composite materials are increasingly used for tooth replacement, filling and restoration.
Composite materials used in dental applications mainly include ceramic particle/fiber reinforced acrylic or methacrylic based composites. The composite resin used with tooth-colored fillings has good durability and fracture resistance in small and medium-sized fillings. The composite material enables dental fillings to withstand moderate pressure during chewing.
Currently, composite materials have replaced traditional amalgam fillings because they are more durable, wear-resistant, and easy to handle, making dental restorations undetectable. In addition, dental restorations made of composite materials have biocompatibility, low maintenance and aesthetics.
The growth rate of medical composite materials in the Asia-Pacific region is obvious:
During the forecast period, the Asia-Pacific region is expected to become the region with the highest compound annual growth rate of the global medical composites market. These regions mainly include India, China, Japan and other countries in the Asia-Pacific region. In view of the development of the healthcare industry in the Asia-Pacific region, the medical ceramics market in the Asia-Pacific region is expected to grow rapidly during the forecast period.
The main consumers of medical composite materials in the Asia-Pacific region are China, South Korea and Japan. The aging population, increasing disposable income, technological advancement, and increasing awareness of available treatment methods provide huge growth opportunities for medical composite manufacturers in the region.