Medical Carbon Composites Market Analysis | 2025-2030

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Medical Carbon Composites Market

• The annual demand for medical carbon composites was USD 272.4 million in 2024 and is expected to reach USD 296.7 million in 2025, up 8.7% than the value in 2024.
• During the forecast period (2025 to 2030), the medical carbon composites market is expected to grow at a CAGR of 8.8%. The annual demand will reach of USD 453.3 million in 2030.
• During 2025-2030, the medical carbon composites industry is expected to generate a cumulative sales opportunity of USD 2223.40 million.

High-Growth Market Segments:

• North America is expected to remain the largest market over the years, as well as is likely to grow at the fastest rate. 
• By End-Use type, Hospitals are likely to be the dominant end-user type in the market during the forecast period.
• By Application type, Composite Table Top? is anticipated to be the most preferred and fastest-growing material of the medical carbon composites market during the forecast period.
• By Process type, Prepreg Layup is anticipated to be the fastest-growing product type during the forecast period in the medical carbon composites market.

Market Statistics

Have a look at the sales opportunities presented by the medical carbon composites market in terms of growth and market forecast.

Market Dynamics

Introduction:

What are medical carbon composites?

Medical carbon composites are lightweight, high-strength materials made by reinforcing a polymer, ceramic, or carbon matrix with carbon fibers or nanotubes. These advanced materials are essential for modern medicine due to their superior properties, including exceptional durability, excellent biocompatibility (meaning they are not toxic or harmful to living tissue), and radiolucency. They are used to manufacture a wide range of devices, from lightweight and durable prosthetic limbs to implants such as orthopedic bone plates and screws. 

Additionally, the radiolucency of these composites is a major advantage for diagnostic imaging equipment, allowing for clear X-rays and MRI scans without image interference from the material itself. In surgical tools, their lightweight nature and durability help reduce surgeon fatigue during long procedures while ensuring precision and reliability. The ongoing development of new and more cost-effective manufacturing processes, such as 3D printing, continues to expand their use in personalized and innovative medical solutions. 

Market Drivers:

• Increasing Demand for Lightweight and Durable Medical Devices: Medical carbon composites offer excellent strength-to-weight ratios, corrosion resistance, and biocompatibility, making them ideal for manufacturing surgical instruments, orthopedic implants, and prosthetics. The push for lightweight yet durable medical devices to enhance patient comfort and surgical precision is driving market growth. Rising adoption in devices such as surgical tables, MRI and CT scan components, and rehabilitation equipment.
• Advancements in Carbon Composite Technologies for Medical Applications: Continuous improvements in manufacturing processes, such as advanced resin systems and hybrid composites, are enhancing the mechanical properties and functionality of carbon composites. These innovations enable customization for complex shapes and improved sterilization resistance, supporting wider use in critical medical equipment. The trend toward minimally invasive procedures also favors the use of carbon composites for their precision and reliability.
• Rising Geriatric Population and Growing Healthcare Expenditure: The increasing elderly population globally is driving demand for advanced medical devices and implants, particularly in orthopedics and rehabilitation. With healthcare spending projected to rise at an average CAGR of 6-7% globally through 2025 (Source: WHO, 2023), the adoption of high-performance carbon composite materials in medical devices is expected to accelerate.
• Expanding Use in Diagnostic and Imaging Equipment: Carbon composites are increasingly utilized in the manufacturing of lightweight and durable components for diagnostic machines such as CT scanners, MRI units, and X-ray equipment. Their low radiopacity and structural integrity improve imaging quality and equipment lifespan, fueling market expansion. Investments in healthcare infrastructure upgrades, especially in emerging economies, further support demand growth.

Segment Analysis

Application Trends

“Composite table top is expected to maintain its vanguard in the market, whereas medical robots are anticipated to mark the highest growth during the forecast period.”

• The market is segmented into composite table tops, medical robots, bone implants, prosthetics, and surgical seals.
• Carbon composites are increasingly preferred in applications, such as radiographic imaging tabletops, cradles, prosthetics, tabletop extensions & accessories, oncology treatment overlays, positioning products, and surgical table components.
• Operating tables with carbon composite tabletop offer a 360-degree radiolucency which makes them suitable for hybrid operating rooms and diagnostic imaging.
• Smart composites and hybrid soft-foldable technologies for minimally invasive surgical robots are some revolutionary application areas in the field.

Process Trends

“Prepreg layup is anticipated to remain the preferred process type by 2030.”

• The market is segmented into prepreg layup and others.
• Prepreg is the preferred choice for manufacturing operating tables and diagnostic tabletops. Prepregs offer several advantages such as controlled resin content, part uniformity, and less curing time.
• Other processes predominantly include wet lamination, another highly preferred process for the fabrication of lower limb prosthetics and orthotics.

Regional Insights

“North America is expected to remain the largest market for medical composites by 2030.”

• Higher adoption of advanced technology, well-developed healthcare infrastructure, and huge healthcare expenditure in the North American region enable higher demand.
• In terms of countries, the USA is expected to assert an unmatched dominance in the market during the forecast period. The country is the largest market for medical devices and accounts for ~40% of global sales.
• Rapid improvement in healthcare infrastructure in key economies, such as India and China, along with rising healthcare expenditure in Asia-Pacific is likely to drive the region’s long-term growth.
• China is exerting ardent efforts to boost its production of medical technology to ultimately reduce its reliance on imports.

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Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the medical carbon composites market -  

• Össur
• Ottobock SE & Co. KGaA
• Hanger, Inc. (Fillauer LLC)
• Getinge Group
• Steris Corporation
• Baxter International Inc. (HillRom)
• Stryker Corporation
• Composite Horizons
• Stille AB
• Skytron LLC
• Mizuho Medical Co. Ltd.

Note: The above list does not necessarily include all the top players in the market.

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Recent Developments/Mergers & Acquisitions:

• In 2024, Ottobock is offering an innovative mechanical prosthetic foot, Evanto, which resolves the contradiction between dynamics, flexibility, and stability for the first time, making it one of the most significant milestones in prosthetics since the invention of the carbon foot in the 1980s.
• In June 2023, the joint research project “Patch2Patient”, co-funded by the German Federal Ministry of Education and Research (BMBF), was completed. Besides Cevotec as project coordinator, in total six partners worked on this project: Carbovation GmbH, Mecuris GmbH, Guenther Bionics GmbH, Otto Bock SE & Co. KGaA, and Fraunhofer IPA. The project partners investigated the necessary base technologies for a digital, flexible, and automated value chain in the production of composite medical products.
• In 2021, Össur launched three new models of its Cheetah sports prosthesis designed for amputee athletes. Made of a proprietary carbon fiber composite, the high-performance Cheetah prosthesis was designed to mimic the anatomical performance of an able-bodied runner’s foot and ankle joint.
• In 2020, Hillrom launched the PST 500 and PST 300 precision surgical table that offers a 360-degree radiolucency coupled with the capability of handling general surgery, orthopedics, and neurosurgery.
• In 2019, Genting launched its Maquet Yuno II surgical table, which is a versatile option to support advanced orthopedic techniques as well as trauma and neurosurgeries. 
• In 2024, Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, announced the completion of its previously announced transaction to acquire Fillauer.
• In 2024, Össur signed an agreement to acquire all shares of privately owned Fior & Gentz, a leading maker of lower limb neuroorthotic components.
• In 2024, Stille AB (publ) has completed the previously announced acquisition of the German instrument provider Fehling (Fehling Instruments GmbH & Co. KG), Fehling Verwaltungs GmbH.
• In 2024, STERIS signed a pact to sell its dentistry business to the private equity firm Peak Rock Capital, through a US$787.5 million transaction.
• In 2023, STERIS plc acquired the surgical instrumentation, laparoscopic instrumentation, and sterilization container assets from BD (Becton, Dickinson and Company).
• In 2021, Stille AB (publ) signed a contract to acquire 100% of the shares in the Swiss company S&T AG, with development, manufacturing, and sales of microsurgical instruments in the absolute premium segment.
• In 2021, Baxter International Inc., a global medtech leader, announced that it completed its acquisition of Hillrom for a purchase price of ~ US$10.5 billion.
• In 2020, Steeper Group completed the acquisition of the Espire Elbow prostheses range from College Park Industries, enhancing its product portfolio.
• In 2019, Fillauer acquired Therapeutic Recreational Systems to strengthen its product portfolio and customer base.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The medical carbon composites market is segmented into the following categories. 

By Application Type

• Composite Table Tops
• Medical Robots
• Bone Implants
• Prosthetics
• Surgical Seals

By Process Type

• Prepreg Layup
• Others

By End-User Type

• Hospitals
• Ambulatory Centers
• Others

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Italy, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, UAE, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s medical carbon composites market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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