The medical ceramics market is expected to grow by $4.89 billion between 2022 and 2030, accelerating at a CAGR of 6.4%, reports Growth Plus

NEW YORK, October 6, 2022 /PRNewswire/ — According to to a new market research report titled “Medical ceramics market By Material (Bioinert Ceramic, Bioactive Ceramic, Bioresorbable Ceramic, Piezoceramic), By Application (Dental, Orthopedic, Cardiovascular, Surgical Instrument, Diagnostic Instrument, Plastic Surgery, Others) – Global Outlook & Forecast 2022-2030″ published by growth plus reports , the medical ceramics market is expected to grow at a 6.4% CAGR from 2021 to reach US$4.89 billion by 2030. Due to the increase in orthopedic disorders and the increase in the number of joint replacements.

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Market factors
The major driver of the global medical ceramics market is the increased demand for medical implants resulting from the rising incidence of chronic diseases including cardiovascular disease (CVD), spinal cord disorders, etc. The demand for medical ceramics is increasing due to an increase in the use of the material in wound treatment and plastic surgery. Additionally, there is an increase in the number of geriatric and obese people, which is increasing the demand for hip and knee replacement surgeries and contributing significantly to the expansion of the global market. The increasing rate of dental implant procedures is also propelling the global medical ceramics market forward.
The global medical ceramics market has been analyzed from four angles: material, application and region.

Extracts from ‘By material segmentation’
On the basis of material types, the global medical ceramics market is segmented into:

  • Bioinert ceramic
  • Bioactive ceramic
  • Bioresorbable ceramics
  • Piezoceramic

The bioinert ceramics segment dominates the global medical ceramics market with the largest market share in 2021. The bioinert ceramics segment is further sub-segmented into zirconia, alumina and others. Zirconia holds the majority of this market due to its high mechanical and fracture toughness. Zirconia is more in demand due to its many beneficial properties including smooth surface, thick texture, abrasion and corrosion resistance, strong chemical stability and excellent biocompatibility. Additionally, zirconia medical ceramics have strong tensile and compressive strength as well as mechanical properties comparable to stainless steel, which contributes to the expansion of the segment.

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Excerpts from ‘By Segmentation of applications’
On the basis of applications, the global medical ceramics market is classified into:

  • Dental
  • Orthopedic
  • Cardiovascular
  • Surgical instrument
  • diagnostic tool
  • Plastic surgery
  • Others

With the largest market share in 2021, the orthopedic segment dominated the global medical ceramics market. Orthopedic segment is further sub-segmented into Arthroplasty, Fracture Fixation, and Orthobiology. The large market share of the orthopedic segment is mainly due to the increase in orthopedic disorders and the aging of the population, which is more susceptible to osteoarthritis. According to the Global Burden of Disease Study, in 2019, more than 500 million people are affected by osteoarthritis worldwide, which represents approximately 7% of the world’s population. Additionally, the demand for medical ceramics is increasing due to the increase in bone fractures and joint replacement surgeries.

Excerpts from ‘Segmentation by region’
Based on region, the global medical ceramics market has been segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

North America led the global medical ceramics market in 2021, followed by Europe and Asia Pacific. North America a large share of the medical ceramics market can be attributed to the increase in the number of orthopedic disorders. Additionally, increasing geriatric and obese population and increasing number of joint replacement procedures are also driving the growth of the segment. According to the American Joint Replacement Registry (AJRR), in 2021, approximately 2.2 million people in the United States underwent hip and knee replacement surgery. The growing demand for plastic surgeries and dental implants is also increasing the demand for medical ceramics. Furthermore, the growth of the region is expected to be fueled by the robust healthcare infrastructure, the presence of major market players and the continuous increase in innovation in medical ceramics.

Excerpts from “Competitive Landscape”
Some of the major players operating in the global medical ceramics market are:

  • Kyocera Company
  • CeramTec GmbH
  • Morgan Advanced Materials
  • Institute Straumann AG
  • Rauschert GmbH
  • Tosoh Company
  • 3M Company
  • Royal DSM
  • Elan Technology
  • Bakony Ceramic Technique Ltd
  • Zimmer Biomet
  • Superior Technical Ceramics
  • QSIL Ceramics GmbH
  • CoorsTek Inc
  • Advanced ceramic materials
  • Berkeley Advanced Biomaterials
  • Dental Kuraray Noritake
  • DePuy Synthes

Contents

  1. INTRODUCTION
    1. Market ecosystem
    2. Schedule under consideration
    1. Historical years – 2020
    2. Reference year – 2021
    3. Planned years – 2022 to 2030
    3. Currency used in the report
  2. RESEARCH METHODOLOGY
    1. Research approach
    2. Data collection methodology
    3. Data Sources
    1. Secondary sources
    2. Primary sources
    4. Market Estimation Approach
    1. Bottom up
    2. Descending
    5. Market Forecast Model
    6. Limits and assumptions
  3. PREMIUM OVERVIEW
    1. Current market trends (COVID-19 outlook)
    2. Key Players and Competitive Positioning (2021)
  4. MARKET DYNAMICS
    1. Drivers
    2. Constraints/Challenges
    3. Opportunities
  5. GLOBAL MEDICAL CERAMICS MARKET – ANALYSIS AND FORECAST, BY MATERIAL
    1. Bioinert ceramic
    1. Zirconia
    2. Alumina
    3. Others
    2. Bioactive ceramics
    1. Hydroxyapatite
    2. Glass
    3. Bioresorbable ceramics
    4. Piezoceramic

VALUE PROPOSITIONS RELATED TO THE REPORT:

  • Fueled by free analyst hours and expert interviews with every report
  • Comprehensive quantitative and qualitative information at segment and sub-segment level
  • Trends and perspectives of the impact of Covid 19
  • Granular information at global/regional/country level
  • In-depth insights into market dynamics (drivers, restraints, opportunities) and business environment
  • Global coverage of the competitive landscape
  • Winning imperatives
  • Comprehensive coverage of “strategic developments” recorded by major market players

CUSTOMIZATION OPTIONS:

  • Distributor Landscape Assessment
  • Pricing Information
  • Customer evaluation
  • Analysis of investments and initiatives
  • ‘Company Profile’ of key players

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SOURCE Growth Plus Reports

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