Factors such as increasing research activities for the development of novel medical ceramics, growing demand for medical ceramics in plastic surgeries & wound healing applications; the rising number of hip & knee replacement procedures; and the increasing demand for implantable devices drive the growth of the medical ceramics market.
New York, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Medical Ceramics Market by Material, Application - Global Forecast to 2025" - https://www.reportlinker.com/p03577822/?utm_source=GNW
The growing healthcare industry in emerging economies and increasing research activities in medical ceramics for nanotechnology and electronic device applications are likely to offer lucrative growth opportunities for players in the medical ceramics market. However, factors such as stringent clinical & regulatory processes and unfavorable healthcare reforms in the US are expected to restrain this market’s growth. Moreover, issues related to reparability & recycling processes and the shortage of skilled surgeons & dental professionals are major challenges adversely impacting this market’s growth. The growth of the market is also expected to slow temporarily during the forecast period due to the COVID-19 pandemic.
Zirconia: The largest segment of bioinert market
Based on type, the global bioinert ceramics market is segmented into zirconia, alumina, and other bioinert ceramics (titanium, pyrolytic carbon, and silicon nitride).In 2019, the zirconia segment accounted for the largest share of the global bioinert ceramics market.
This segment is also expected to grow at the highest rate during the forecast period. This can be attributed to the advantages of zirconia over other ceramic materials, the rising demand for aesthetically attractive dental restorations, the launch of new & advanced products, and growing research activities to develop novel products.
Hydroxyapatite: The largest segment of bioactive market
Based on type, the global bioactive ceramics market is segmented into hydroxyapatite and glass ceramics.In 2019, the hydroxyapatite segment accounted for the largest share of the global bioactive ceramics market.
This segment is also expected to grow at the highest rate during the forecast period.Hydroxyapatite has high biocompatibility, bioactivity, and osteoconductivity; making it suitable for a wide range of applications, such as a bone void filler for the orthopedic, spine, maxillofacial, and dental surgery; restoration of periodontal defects; orthopedic and dental implant coating; bone-tissue engineering; and gene delivery.
Due to its bioactivity, hydroxyapatite is an alternative to allogenic & xenogeneic bone grafts, resulting in shorter healing times. Additionally, it is used as an injectable cement or coating on titanium & titanium alloy implants to reduce the implant rejection rate.
Dental Applications: The dominating application segment of medical ceramics market
Based on application, the global medical ceramics market is broadly segmented into dental applications, orthopedic applications, cardiovascular applications, surgical instruments, diagnostic instruments, plastic surgery, and other applications (cancer, dialysis, drug delivery systems, and gene therapy).The dental applications segment accounted for the largest share of the medical ceramics market in 2019.
This segment’s large share can be attributed to the increasing number of cosmetic dental procedures and dental implant procedures across various regions and rising periodontal disorders.
North America: The largest share contributing reginal segment of the global medical ceramics market in 2019
The medical ceramics market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and Middle East and Africa.North America accounted for a major share of the medical ceramics market in 2019.
In the US, the medical ceramics market is driven by the growing demand for plastic surgeries, increasing cancer incidence, growing prevalence of cardiovascular diseases, and the growing number of conferences & symposiums. In Canada, market growth is driven by increasing R&D activities for medical ceramics and growth in the geriatric population.
A breakdown of the primary participants referred to for this report is provided below:
• By Company Type: Tier 1–45%, Tier 2–34%, and Tier 3– 21%
• By Designation: C-level–47%, Director-level–33%, and Others–20%
• By Region: North America–35%, Europe–32%, Asia Pacific–25%, Latin America–6%, and the Middle East & Africa–2%
The major players in the market include CoorsTek, Inc. (US), CeramTec GmbH (Germany), KYOCERA Corporation (Japan), Morgan Advanced Materials (UK), Tosoh (Japan), Johnson & Johnson (US), Institut Straumann (Switzerland), 3M (US), Royal DSM (DSM) (Netherlands), Rauschert GmbH (Germany), Zimmer Biomet (US), NGK Spark Plug (Japan), H.C. Stark GmbH (Germany), Berkeley Advanced Biomaterials (US), Nobel Biocare Services (Switzerland), Kuraray Noritake Dental (Japan), Ferro Corporation (Japan), APC International (US), TRS Technologies (US), QSIL Ceramics (Germany), Washington Mills (US), CAM Bioceramics (The Netherlands), CaP Biomaterials (US), Admatec (The Netherlands), and BCE Special Ceramics (Germany).
This report studies the medical ceramics market based on the type of material, application, and region.The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth.
It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).
Reasons to Buy the Report
The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.
This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the medical ceramics market
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the medical ceramics market
• Market Development: Comprehensive information on lucrative emerging regions
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the medical ceramics market
• Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.
Read the full report: https://www.reportlinker.com/p03577822/?utm_source=GNW
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