Medical Ceramics Market Size Will Reach USD 14.86 Billion in 2028 | at a CAGR of 5.7% – Reports and Data
Growing demand for ceramics to be used in medical implants is a key driver of market revenue growth
NEW YORK CITY, NEW YORK, USA, Aug. 9, 2022 /EINPresswire.com/ — Reports and Data recently released a new research report on the global medical ceramics market covering the current market scenario and the evolution market between 2018 and 2028. The report offers an in-depth analysis of historical and recent market trends along with revenue growth, market size, drivers, restraints, limitations, and opportunities. The report is well organized using statistical methods like SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help the user understand the market dynamics. Data is collected using extensive primary and secondary research that is evaluated by industry experts and professionals.
Increasing investment in research and development activities by key players to introduce innovative medical ceramic materials is expected to support the market revenue growth. Companies dealing with nanotechnology have developed new ranges of nano-biomaterials incorporating hydroxyapatite, a type of bioactive ceramic. Hydroxyapatite nanoparticles have opened a window of opportunity for market players in the design of improved biocompatible ceramic coatings for medical implants and the development of high-strength nanocomposites.
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Some key highlights of the report:
By product type, the bioinert ceramics segment accounted for the largest revenue share in 2020. Bioinert ceramics, including zirconia and alumina, are widely used in medical implants to reconstruct, restore or replace human body tissues degenerated or traumatized, due to exceptional biocompatibility, corrosion restraining behavior, chemical stability, wear resistance and mechanical strength.
By application, the dental segment contributed a significantly stable market revenue share in 2020. Ceramic dental appliances are less painful as they do not lead to gum irritation. These braces have either semi-translucent ceramic brackets suitable for white teeth or colored ceramics suitable for darker teeth. Also, these braces do not chip or break normally.
Nano-hydroxyapatite bioceramic materials have immense potential in prosthetic applications, due to their similar chemical composition and crystallography with human skeletal tissue, as well as excellent characteristics such as bioactivity, biocompatibility, non-toxicity and osteoconductivity. Nano-hydroxyapatite materials are used in various applications such as bone void fillers for orthopedics, bone tissue engineering, restoration of periodontal defects, traumatology and coating of orthopedic implants.
The North America medical ceramics market accounted for the largest revenue share in 2020, driven by the rising incidence of dental conditions such as caries, increasing cases of traumatic injuries, and technological advancements in the field medical ceramic materials. Furthermore, the presence of key players such as CoorsTek Inc. and Berkeley Advanced Biomaterials Inc. is expected to positively impact the market growth in this region.
Some major companies included in the market report are Morgan Advanced Materials, Royal DSM, Nobel Biocare Services AG, Zimmer Biomet, Berkeley Advanced Biomaterials Inc., The 3M Company, Johnson & Johnson, CoorsTek Inc., Institut Straumann AG, and Kyocera Corporation.
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Market segmentation :
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
Fixation of fractures
Synthetic bone grafts
Crowns and bridges
Dental graft and substitutes
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals & Clinics
Ambulatory surgery centers
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The rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
Rest of MEA
Key Questions Answered in the Global Medical Ceramics Market Report:
What is the expected market size of the global medical ceramics market during the forecast period?
What factors are expected to hinder the growth of the Global Medical Ceramics Market during the forecast period?
What key factors are expected to drive global revenue growth between 2021 and 2028?
Which application segment is expected to dominate other application segments during the forecast period?
Which region is expected to dominate in terms of revenue during the forecast period?
What are the main results of Porter’s five forces analysis and SWOT analysis?
Who are the key players operating in the global medical ceramics market?
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