NEW YORK, Nov. 14, 2016 /PRNewswire/ -- "Medical composites market projected to register a CAGR of 7.10% during forecast period"The medical composites market size is projected to reach USD 934.7 million by 2021, at a CAGR of 7.10% between 2016 and 2021. The major driver stimulating the medical composites market is high demand from diagnostic imaging. Medical composites are thermal resistant and exhibit very low moisture absorption, which are ideal for surgical and other medical equipment. Over the last few years, there has been a significant increase in the use of composites for implant devices due to their excellent strength, toughness, and bio-inert properties. High cost of carbon fiber and stringent regulatory laws are restraining the growth of the medical composites market. "Medical composites market projected to witness highest growth in diagnostic imaging application segment, in terms of value" The key drivers of the medical composites market is increasing applications in patient imaging tables and accessories used in X-ray, computerized tomography (CT), magnetic resonance imaging (MRI) systems, positron emission tomography (PET) and other diagnostic devices. Medical composites are used in this applications for their properties such as radiolucency, lightweight, and resistance to high temperatures " North America is the fastest-growing market for medical composites"North America is projected to be the fastest-growing market for medical composites in the next five years. The market in this region is driven by increasing consumption of medical composites in various applications such as composite body implants, diagnostic imaging, and dental. The U.S. leads the market in North America.