Medical Composites Market

highly used for patient imaging tables and for accessories used
in X-ray, PET, CT, and MRI imaging system. Medical
composites used in diagnostic instruments lower the weight of
an instrument, which in turn offers better positioning for patients
and generation of clearer images. End-users of medical
composites are medical device companies, pharmaceutical
companies, diagnostic imaging centers, research centers, and
others.
Geographically, the medical composites market has been
classified into five regions: North America (U.S. and Canada),
Europe (Germany, France, U.K., etc.), Asia Pacific (China,
Japan, Australia, India, etc.), Latin America (Brazil and
Mexico), and Middle East & Africa (UAE, Saudi Arabia and
South Africa). Europe was the largest market for medical
composites in terms of revenue owing to high demand in
diagnostic imaging components, prosthetic applications, and
composite implants.
Europe was followed by North America and is expected to
register higher growth. Emerging markets such as Asia Pacific,
Latin America, and Middle East & Africa are expected to record
robust growth during the forecast period from 2016 to 2024 due
to the growing health care industry and aging population. China,
Brazil, and India are expected to witness strong growth due to
increasing investments by government bodies to enhance health
care facilities.