PUBLISHER: The Business Research Company | PRODUCT CODE: 1945524
PUBLISHER: The Business Research Company | PRODUCT CODE: 1945524
Medical composites refer to a combination of two or more materials with distinct physical and chemical properties. These composites find applications in various medical fields, including diagnostic imaging, biological resurfacing of damaged areas, surgical applications, and dental implants.
The main types of medical composites include carbon fiber, ceramic fiber, and other fiber types. Ceramic fibers are small-dimension filaments or threads composed of ceramic materials, typically alumina and silica, and are utilized in lightweight units for electrical, thermal, and sound insulation. The processes involved in creating medical composites include wet lamination, prepreg, and other manufacturing methods. These composites are applied in diagnostic imaging, composite body implants, surgical instruments, dental applications, and other contexts.
Tariffs are impacting the medical composites market by increasing costs of imported carbon fibers, ceramic fibers, resins, and advanced processing equipment used in medical-grade composite manufacturing. Medical device manufacturers in North America and Europe are most affected due to reliance on imported raw materials, while Asia-Pacific faces higher production costs for export-oriented composite components. These tariffs are increasing manufacturing expenses and limiting cost flexibility. However, they are also encouraging local material production, regional supply chain development, and innovation in alternative composite formulations.
The medical composites market research report is one of a series of new reports from The Business Research Company that provides medical composites market statistics, including medical composites industry global market size, regional shares, competitors with a medical composites market share, detailed medical composites market segments, market trends and opportunities, and any further data you may need to thrive in the medical composites industry. This medical composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The medical composites market size has grown rapidly in recent years. It will grow from $1.6 billion in 2025 to $1.84 billion in 2026 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to increasing use of composites in medical devices, growth in orthopedic and dental procedures, advancements in material science research, rising adoption of minimally invasive surgical tools, availability of composite processing techniques.
The medical composites market size is expected to see rapid growth in the next few years. It will grow to $3.13 billion in 2030 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing demand for next-generation implant materials, rising investments in biomedical engineering, expansion of personalized medical devices, growing focus on sustainable and recyclable composites, increasing application of composites in advanced diagnostics. Major trends in the forecast period include increasing use of advanced composite materials in implants, rising adoption of lightweight surgical instruments, growing demand for high-strength biocompatible materials, expansion of composite applications in diagnostic imaging, enhanced focus on material durability and performance.
The increasing prevalence of breast cancer is expected to further propel the growth of the medical composites market. Breast cancer, characterized by a malignant tumor originating in breast cells, necessitates advanced materials for the creation of lightweight, personalized radiation therapy devices and implants. This enhances patient comfort and improves treatment effectiveness. For example, in July 2023, data from the Centers for Disease Control and Prevention, a United States-based government agency, indicated that approximately 240,000 women and 2,100 men are diagnosed with breast cancer annually in the United States, while the disease results in nearly 42,000 deaths among women and about 500 deaths among men each year nationwide. Therefore, the rising incidence of breast cancer is a significant factor driving the growth of the medical composites market.
Major players in the medical composites market are intensifying their focus on introducing high-performance polymers, such as Magnolia Trinity PEEK, to gain a competitive edge. Magnolia Trinity PEEK, a medical-grade PEEK composite composed of three clinically proven biomaterials, was launched by Superior Polymers, a US-based polymer company, in October 2023. This composite, suitable for implantable medical devices in contact with bodily fluids or tissue for more than 24 hours, presents an appealing option for medical device manufacturers due to its superior performance in terms of strength, stiffness, and durability.
In September 2023, Michelin, a France-based company specializing in composite polymers, acquired Flex Composite Group for an undisclosed amount. This acquisition is in line with Michelin's Michelin in Motion 2030 strategy and signifies a significant step forward in the Group's development of polymer composites. The new entity will leverage Michelin's outstanding innovation and R&D capabilities while benefiting from FCG's strong customer relationships and expertise in industrial processes. Flex Composite Group is a manufacturer of medical composites based in France.
Major companies operating in the medical composites market are 3M Company, Toray Industries Inc, SGL Carbon SE, CeramTec GmbH, Composiflex Inc, Dentsply Sirona Inc, Mitsubishi Chemical Holdings Corporation, Avient Corporation, Zeus Industrial Products Inc, Kulzer GmbH, Den Mat Holdings LLC, Ivoclar Vivadent Inc, Tokuyama Dental Corporation Inc, Teijin Limited, Koninklijke DSM N V, Fillauer LLC, Getinge Group, Hill Rom Holdings Inc, icotec AG, Nippon Sheet Glass Co Ltd, Ossur, Ottobock SE & Co KG, Owens Corning, Shofu Inc, Stryker Corporation
North America was the largest region in the medical composites market in 2025. The regions covered in the medical composites market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the medical composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The medical composites market consists of sales of polymer matrix composites, carbon matrix composites, metal matrix composites, and ceramic matrix composites. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Medical Composites Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses medical composites market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for medical composites ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The medical composites market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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