The global medical composites market size was US$ 998.1 million in 2021. The global medical composites market is forecast to grow to US$ 1811.2 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030. 
Two or more components with significant physical and chemical variations are combined to form a composite material. These substances combine to make a special product with unique physical and chemical characteristics. Composite materials come in a wide variety of shapes and forms and can be made either naturally or artificially using particles.

Factors Influencing the Market
The high demand for X-ray technologies will primarily drive the growth of the medical composites market. Apart from that, the wide applications of medical composites in wound repair systems, implants, medical diagnostics, prostheses, surgical equipment, etc., will prompt the demand for the medical composites during the study period. 
Medical composites are considered suitable due to their ability to generate low levels of radiation. This has raised their need for X-ray technologies. 
The rising trend of plant-based NFRCs in the medical composites market is expected to be opportunistic for manufacturers. In the healthcare industry, waste carbon fiber and glass fiber reinforced composites are being recycled at an increasing rate. Thus, it will be opportunistic for the market in the coming years.

COVID-19 Impact Analysis
The medical composites market witnessed several obstacles due to the wake of the COVID-19 pandemic. The onset of the pandemic had a drastic influence on human health and the overall economy as well. While the healthcare sector witnessed an abrupt burden, the manufacturing units experienced challenges associated with the procurement of raw materials. As a result, it hampered the growth of the medical composites market. 
However, governments have exceeded the healthcare expenditure in order to expand the facilities. Thus, it will be opportunistic for the medical composites market during the study period.

Regional Analysis
North America is forecast to hold a substantial share in the medical composites market due to the presence of numerous medical composite and medical device producers. North America utilizes a significant amount of medical composite materials due to the region's expanding industrial sector. The market for medical composites in this region is anticipated to grow quickly over the projected period due to rising healthcare expenditure and rapidly improving infrastructure. 
The usage of medical composites in diagnostic imaging and surgical material applications in Europe will also benefit the European medical composites market during the study period.

Competitors in the Market
• 3M
• Toray Advanced Composites
• DSM
• Polygon Company
• PolyOne
• Composiflex
• ACP COMPOSITES, INC
• Mitsubishi Chemical Corporation
• Icotec Ag
• Other Prominent Players

Market Segmentation
The global medical composites market segmentation focuses on Type, Application, and Region. 
By Type
• Carbon fiber
• Ceramic fiber
• Others
By Application
• Diagnostic Imaging
• Composite Body Implants
• Surgical Instruments
• Dental
• Others
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America