The increasing demand for lightweight and high-strength materials in medical devices, are accelerating the growth of the medical composite market. Thus, the lightweight and high-strength materials are driving the market size to surpass USD 1.43 Billion in 2024 to reach a valuation of USD 2.76 Billion by 2031. 

Also, the advancements in composite manufacturing technologies and the rising prevalence of chronic diseases are contributing to the growth of the medical composite market. Thus, the escalating prevalence of chronic disease are enabling the market to grow at a CAGR of 9.45% from 2023 to 2031.

from: https://www.verifiedmarketresearch.com/