Medical Ceramics Market: Trends, Demand, and Forecast till 2027
According to the latest report by IMARC Group, titled “Medical Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global medical ceramics market size reached US$ 10.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.0 Billion by 2027, exhibiting a CAGR of 5.74% during 2022-2027.
Medical ceramics, or bio-ceramics, are the biocompatible materials used for various contact and non-contact medical applications. Some of the commonly used medical ceramics include bio-inert ceramics, which are manufactured using alumina and zirconia, bioactive ceramics, which are manufactured using hydroxyapatite and glass, and bioresorbable and piezoelectric ceramics. They are commonly used in dental and bone implants, prosthetic dentures, and diagnostic and therapeutic medical devices, such as heart valves, pacemaker electrodes, consumables, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Medical Ceramics Market Trends:
The growing prevalence of dental and medical ailments across the globe is primarily driving the medical ceramics market. In addition to this, the expanding geriatric population, who are more prone to serious health conditions and require frequent surgical procedures, is also augmenting the global market. In line with this, the rising need for alumina-based medical ceramics to manufacture shoulder, knee, and hip implants for orthopedic procedures is further bolstering the market growth. Moreover, the widespread adoption of plastic surgeries and advanced wound healing technologies is acting as another significant growth-inducing factor. Apart from this, continuous technological advancements, including the development of innovative and novel medical ceramics, are also positively influencing the product demand. Besides this, the introduction of minimally invasive (MI) implants for dental, orthopedic, and cardiovascular applications, which cause minimal discomfort and increase the efficacy of the medical procedures, is expected to propel the medical ceramics market in the coming years.
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Global Medical Ceramics Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M, CeramTec, CoorsTek, DePuy Synthes, H.C. Starck GmbH, Kyocera, Morgan Advanced Materials, NGK Spark Plug, Straumann and Zimmer Biomet.
The report has segmented the market on the basis on region, type, application and end user.
Breakup by Type:
Bioinert
Bioactive
Bioresorbable
Others
Breakup by Application:
Orthopedic
Implantable Devices
Dental
Surgical and Diagnostic Instruments
Others
Breakup by End User:
Hospitals and Clinics
Pharmaceutical and Biotechnology Companies
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
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