Minimally Invasive Surgeries to Induce Demand in Global Bioceramics Market
Description
:
Bioceramics Market Research Report: by Material
(Aluminum Oxide, Zirconia, Calcium Phosphate and Others), Application
(Orthopedic, Dental Implants, Biomedical and Others) and Region (North America,
Europe, APAC, RoW) - Forecast till 2030
Keywords :
Bioceramics Market,
Global Bioceramics Market, Bioceramics Industry, Bioceramics Business, Bioceramics
Market Report, Bioceramics Market Analysis, Bioceramics Market Share, Bioceramics
Market Size, Bioceramics Market Price, Bioceramics
Market Growth, Bioceramics Market Analysis, Bioceramics Market Demand, Bioceramics
Market Cast, Bioceramics Market Product
Bioceramics Market Analysis:
Bioceramics are
ceramic materials developed to be used in dental and medical implants. The
compatibility of bioceramics to gel with human organs or muscles makes it a
viable product. The large number of surgeries which require transplants can
induce the need for bioceramics. The global bioceramics market report by Market
Research Future (MRFR) highlights trends and opportunities for the period
between 2018 and 2023 (forecast period).
Market
Scope
The global
bioceramics market is expected to touch a value of USD 19 billion by 2023. It
stood at USD 12.5 billion in 2017. The growing dental sector globally is the
major driver of the market. Large number of dental clinics, dentists, and the
large population requiring oral consultation can bode well for the market
growth. The large geriatric pool in Asia Pacific as well as the need for
implant procedures can bolster the market demand. Possible treatment methods
for cancer is expected to drive the demand for bioceramics.
High prevalence
of osteoarthritis and increasing use of ceramic materials in dental
applications can fuel the market growth. Better access to advanced facilities,
surgical intervention to solve complicated medical diseases, and the rising
disposable income levels are factors expected to drive the market. Rising
research and development in Europe and North America in ceramics and medical
advancements can provide a stellar growth rate to the global bioceramics
market. Minimally invasive procedures and reduced prices of surgeries can be
lucrative for the market in the coming years.
But availability
of medical polymers and fluctuations in raw material prices can hamper the
global bioceramics market growth.
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Segmentation
The global
bioceramics market is segmented by material and application.
By material, it
is segmented into carbon, zirconia, calcium phosphate, aluminum oxide, and
others. The aluminum oxide segment held the largest market share in 2017. It
can continue to dominate the forecast period. However, zirconia is expected to
register the fastest growth rate during the assessment period.
By application,
it is segmented into biomedical, orthopedic, dental implants, and others. Dental
implants will dominate the global
bioceramics market till 2023, but the orthopedic segment can exhibit a
stellar growth rate during the forecast period.
Regional
Analysis:
Europe, Asia
Pacific (APAC), North America, and Rest-of-the-World (RoW) are regions covered
in the global bioceramics market report.
Europe accounted
for the largest market share in 2017 due to a large and established healthcare
ecosystem. The large geriatric populace in Italy, United Kingdom, France, and
Germany will serve as a consumer base. Large number of surgeries and implant
procedures and the massive dental applications can boost the global bioceramics
market demand till 2023.
North America
and APAC are two major regions have huge potential for the global bioceramics market.
High number of bioceramic material and large allocation of healthcare
expenditure can drive the North America market. On the other hand, APAC is
driven by the improving healthcare infrastructure, rise in medical tourism, and
new reforms. Initiatives by governments to introduce patient-friendly prices
for implants to increase penetration in rural and remote regions can be
lucrative for the market growth.
Competitive
Outlook:
Morgan Advanced
Materials, Sagemax Bioceramics Inc, Amedica Corporation, Royal DSM, Collagen
Matrix Inc., Carborundum Universal Ltd, DOCERAM Medical Ceramics GmbH, Nobel
Biocare Services AG, Dentsply Sirona, CAM Bioceramics B.V., and CeramTec are
prominent players of the global bioceramics market.
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Industry News:
The
International Space Station has decided to upgrade its facility using
bioceramics. Relying on additive printing and bioceramic materials, the Space
Station has developed ceramic manifolds which are meant to replace polymer
manifolds. They were found to be highly compatible with larger components and
further research is being conducted on integration of the said components.
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NOTE: Our
Team of Researchers is Studying Covid19 and its Impact on Various Industry
Verticals and wherever required we will be considering Covid19 Footprints for
Better Analysis of Market and Industries. Cordially get in Touch for More
Details.
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