Magnetoelectric devices are readily employed as sensors, actuators, and antennas, but typically exhibit low power output. This paper presents considerations for the viability of magnetoelectric composites for wireless power transfer in neural implantation. This is accomplished herein by studying different types of biocompatible encapsulants for magnetoelectric devices, their impact on the output voltage of the composites, and the rigidity of the materials in the context of tissue damage.