Globally the growth in a number of medical implants & devices on the back of rising number of patients seeking treatments such as joint reconstruction is anticipated to be major driving factors of the global medical ceramics market. According to Goldstein Research, global medical ceramics market size is expected to reach USD 7.67 billion by 2024, growing at a compounded annual growth rate of 6.25% during the forecast period 2016-2024.
Global medical ceramics market segmentation has been carried out on the basis of type, application, and geography. Based on the type, bio-active segment accounted for nearly 30.0% of global medical Ceramics market share in 2016. Whereas, Piezo- and bio-resorbable ceramics segments are expected to grow at a CAGR of 6.55% over the forecast period. Moreover, based on application, dental implants market is anticipated to reach USD 6.90 billion by 2025 owing to technological innovations like CAD and mini dental implants.
Further, Global medical ceramics industry is estimated to be dominated by the United States with a market share of 30.0% in 2016. Whereas, Asia Pacific is anticipated to grow at fastest CAGR over the forecast period owing to lucrative market opportunities in the countries such as China & India which have high population density with high demand attracted by medical implants market.
Market Segmentation
On the basis of our in-depth analysis, Global Medical Ceramics Market can be segmented as follows:
- By Type
- Bio-inert (aluminum oxide, zirconia, and carbon)
- Bio-active (hydroxyapatite (HAP), glass & bioglass, and zirconia alumina composite)
- Piezo Ceramics
- Bioresorbable Ceramics
- By Application
- Dental Implants
- Implantable Electronic Device
- Orthopedic Implants
- Surgical and Diagnostic Instruments
- Other Application
- By Region
- North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
- Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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“Global Medical Ceramics Market Outlook 2024” contains a detailed overview of the global medical ceramics market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by type, and application.
Further, for the in-depth analysis, Global Medical Ceramics Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as 3M ESPE, Advanced Cerametrics Inc., Advanced Monolythic Ceramics, Inc., Advanced Ceramics Research, Inc., AVX Corporation, APC International Ltd., Advanced Industrial Ceramics, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global medical ceramics market trends along with a market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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