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The composite materials for medical market size is forecast to increase by USD 871.8 million at a CAGR of 10.87% between 2023 and 2028. The growth of the market depends on several factors such as increasing demand for lightweight materials in the medical industry, increase in demand for carbon fiber-reinforced plastics for biomedical applications, and the emergence of novel materials in the medical sector. One of the key factors driving the market growth is the increase in demand for carbon fiber-reinforced plastics for biomedical applications, including biodegradable medical plastics in addition to the growth of the composites market. There is extensive use of composite materials in the medical sector, especially in orthotic and prosthetic devices and in the components of MRI equipment. The main advantages of artificial limbs which are manufactured from these materials is that they are fatigue-resistant and easy to manufacture.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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