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Market Research Report

Global Medical Ceramics Market By Type (Bio-Inert, Bio-Active, Piezo Ceramics, & Bioresorbable Ceramics), By Application (Dental Implants, Implantable Electronic Device, Orthopedic Implants, Surgical And Diagnostic Instruments), And By Geography With Forecast 2016-2024

Published On : 2018-03-12 Report Page : 310 Category: Healthcare

Global Medical Ceramics Market 

Market Overview

Medical Ceramics have non-toxic nature and high mechanical strength, in addition with negligible or no tissue reaction which render them to be used in medical applications. Traditionally, ceramics have seen widescale use as restorative materials in dentistry and some ceramic materials are used for joint replacement, bone repair and augmentation.

Goldstein Research analyst forecast the Medical Ceramics Market size is set to reach USD 7.67 billion by 2024, at a CAGR of 6.25% over the forecast years.

Covered In This Global Medical Ceramics Market Report           

The report covers the present ground scenario and the future growth prospects of the Medical Ceramics Market for 2016-2024 along with the adoption rate of Medical Ceramics in the verticals and the data related to innovations in the field of Medical Ceramics. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.

Global Medical Ceramics Market Segmentation

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

Based on Geography

  • North America (U.S. & Canada) Medical Ceramics Market
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Medical Ceramics Market
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Medical Ceramics Market
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Medical Ceramics Market
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Medical Ceramics Market

On the basis of type, bio-active lead the medical ceramics market with 30% market share as aluminum oxide is the most consumed medical ceramic for implants and medical devices while glass and bioglass are used for disposable and packaging. Piezo- and bio-resorbable ceramics are anticipated to have the potential growth at a CAGR of 6.55% in near future owing to the increased adoption in medical devices and implantable devices.   

Medical Ceramics Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global Medical Ceramics Market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Medical Ceramics Market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global Medical Ceramics Market report comprises of the following companies as the key players: 3M ESPE, Advanced Cerametrics Inc., Advanced Monolythic Ceramics, Inc., Advanced Ceramics Research, Inc., AVX Corporation, APC International Ltd., and Advanced Industrial Ceramics.

According to our global market study on the basis of extensive primary and secondary research:  “One trend is application of 3D printing technology is one of the most exciting developments in world orthopaedics. In addition to the 3D printed plugs, the RESTORATION project (European research project aimed at developing bioceramic and bioceramic composite materials for use in the medical industry) has begun development on an injectable bioactive ceramic bone filler could be used in vertebral compression fractures (VCF), a condition that affects approximately 35-50% of women and 20-30% of men”

According to the report, major driving factor for Medical Ceramics Market is sales of medical implants and devices due to increase in number of patients worldwide opting for dental implants and joint reconstruction surgeries. According to the American Academy of Implant Dentistry, approximately 3 million people have dental implants, which are growing by 500,000 every year.

Further, the report states the major challenge that is although medical ceramics are known to be nontoxic, there are cases where very small traces of radioelements are found even in the ceramics that are fully refined and as even the trace amount of radioelements can cause harmful effects on tissues and organs.

Based on geography, United States was the largest medical ceramics market in 2016 with the market share of 30% among all the regions while APAC offers lucrative opportunities in the medical ceramics market as China and India are densely populated and have the high demand of orthopedic implants due to their high resistance and biochemical inertness. APAC also tends to grow at the highest rate over the forecast period due to the presence of high unmet medical needs and constantly improving healthcare infrastructure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Medical Ceramics Market report                                                                                                                                              

  • What is the total market size by 2024 and what would be the expected growth rate of market?
  • What is the revenue of Medical Ceramics in 2015-16 and what would be the expected demand over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Medical Ceramics Market By Type (Bio-Inert, Bio-Active, Piezo Ceramics, & Bioresorbable Ceramics), By Application (Dental Implants, Implantable Electronic Device, Orthopedic Implants, Surgical And Diagnostic Instruments), And By Geography With Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements