The research study conducted by Report Ocean on the “ Medical Ceramics Market” spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global Medical Ceramics Market is valued at approximately USD 1.66 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2022-2029. Medical ceramics are a type of ceramics that are used to repair or replace musculoskeletal hard human connective tissues. This ceramic is mostly used in the manufacturing of medical inserts, disposables (gloves, vials, tools), gadgets, and bundling in clinical applications such as bone screws, orthopedic implants, and dental implants. The surging demand for implantable devices, growing need for medical ceramics in plastic surgeries and wound healing applications, coupled with the increasing number of hip & knee replacement procedures are the primary factors that are surging the market demand across the globe.
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According to the Statista report, in 2019, the bone grafts and substitutes market was valued at approximately USD 2.96 billion, which is anticipated to reach USD 4.85 billion by the year 2030. Therefore, the escalating demand for implantable devices is fueling the demand for Medical Ceramics, which is exhibiting a positive influence on the market growth over the forthcoming years. In addition, increasing research activities for nanotechnology applications, as well as the emergence of 3D printed ceramics are creating various lucrative opportunities for market growth over the forecasting years. However, stringent clinical & regulatory processes and a dearth of skilled surgeons and dental professionals are hindering stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Medical Ceramics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the rising demand for dental services, growing demand for plastic surgeries, and the presence of skilled dental professionals. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising population, increasing incidences of dental decay, and growing use of implantable medical devices and diagnostic imaging equipment.
Major market players included in this report are:
3M ESPE
CoorsTek Inc
DePuy Synthes
H.C. Starck GmbH
Kyocera Corporation
Morgan Advanced Materials
Nobel Biocare Services AG
Straumann
Stryker
Zimmer Biomet
Recent Developments in the Market:
In 2022, CeramTec a new ceramic total knee replacement device had received a US FDA approval.
In 2020, Institut Straumann AG declared the company’s strategic partnership with XJet Ltd. The objective of this partnership is to develop Ceramic AM based dental implants. Straumann is using XJet’s NanoParticle Jetting technology to advance dental implants.
In 2019, KYOCERA Medical Technologies, Inc. announced the launch of novel products & technologies at the American Academy of Orthopedic Surgeons (AAOS) 2019 that was arranged in the US. The company has launched its Aquala Acetabular Liners, Tesera Trabecular Technology, E-MAX Acetabular Liners, and BIOCERAM AZUL Ceramic Heads.
Global Medical Ceramics Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Material Type, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material Type:
Bioinert Ceramics
Bioactive Ceramics
Bioresorbable Ceramics
By End User:
Devices
Implant
Disposables
Packaging
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
- Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
- Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
- Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
- Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
- Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
- Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
- Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
- Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
- Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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