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Meticulous Research®—leading global market research company, published a research report titled, ‘Medical Ceramics Market Size, Share, Forecast, & Trends Analysis by Type (Bioinert [Alumina, Zirconia, Carbon], Biocompatible [Hydroxyapatite, Glass Ceramics, Calcium Carbonate], Piezoelectric), Application (Dental, Orthopedic) - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the medical ceramics market is projected to reach $29.93 billion by 2030, at a CAGR of 6.2% during the forecast period 2024–2030. The growth of this market can be attributed to several factors, including the growing utilization of active implantable devices, the rising adoption of ceramics in drug delivery, the high acceptance of ceramics in dental and orthopedic implants, the rising demand for bio-ceramics in cosmetic dentistry, and the increasing demand for custom-engineered medical implants. Moreover, emerging economies and technological advancements in ceramics, such as high heat-compatible ceramics, chemical-resistant ceramics, complex geometric medical ceramics, and technical ceramics, are expected to offer growth opportunities for the players operating in this market.
The use of medical ceramics in chemotherapy, the use of ceramic nanofibers for the detection of disease biomarkers, and the use of tattoo-like sensors for diabetes monitoring are major trends in the medical ceramics market.
The medical ceramics market is segmented by Type [Bioinert (Alumina, Zirconia, Carbon), Biocompatible (Bioactive {Hydroxyapatite, Bioactive Glass, Glass Ceramics}, Bioresorbable {Gypsum, Calcium Carbonate, Carbonate, Carbonate Apatite, β-tricalcium Phosphate}), and Piezoelectric], Application [Orthopedic (Joint Replacement {Knee Replacement, Hip Replacement, Shoulder Replacement, Other Joint Replacements}, Bone Defects Treatment, Synthetic Orthopedic Implants), Dental (Dental Implants, Restorative Dentistry {Bridges & Crowns, Inlays & Onlays}, Endodontic Therapy, Braces, Dental Bone Grafts & Substitutes, Hemostatic Agents), Cosmetic/Plastic Surgery (Orbital Implants, Dermal Fillers), Surgical Instruments (Cutting Surgical Instruments, Grasping Surgical Instruments, Retracting Surgical Instruments), Other Applications], and Geography. The study also evaluates industry competitors and analyzes the market at the global and regional levels.
Based on type, the medical ceramics market is segmented into bioinert, biocompatible, and piezoelectric ceramics. In 2024, the bioinert ceramics segment is expected to account for the largest share of the medical ceramics market. The segment's large share is attributed to the high adoption of bioinert ceramics in orthopedic and dental implants due to the increasing prevalence of dental disorders, musculoskeletal disorders, and injuries. Bioinert ceramics such as zirconia and alumina are highly resistant to wear and do not interact with tissues in the body. This increases implant lifespan, making bioinert ceramics the preferred choice for implant manufacturing.
Based on application, the medical ceramics market is segmented into orthopedic, dental, cosmetic/plastic surgery, surgical instruments, and other applications. The orthopedic segment is expected to record the highest CAGR during the forecast period. Several factors are driving the growth of this segment, including the growing prevalence of musculoskeletal disorders, the high incidence of bone injuries, and the growing adoption of technologies such as 3D printing for orthopedic implant manufacturing. According to the World Health Organization, as of 2022, around 1.7 billion people suffered from musculoskeletal conditions globally. Musculoskeletal conditions frequently require bone substitution and total joint replacement surgeries.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, the U.K., Italy, Spain, Switzerland, Austria, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific), Latin America, and the Middle East & Africa.
In 2024, North America is expected to account for the largest share of the medical ceramics market, followed by Europe and Asia-Pacific. Furthermore, in 2024, the U.S. is expected to be the largest market in North America. Advancements in ceramics, the rising adoption of dental and orthopedic implants, high spending on cosmetic surgeries, and the high adoption of clear braces in orthodontic treatments contribute to the country’s large market share.
Key Players
The key players operating in the medical ceramics market are 3M Company (U.S.), De Puy Synthes (U.S.), CoorsTek, Inc. (U.S.), CeramTec GmbH (Germany), KYOCERA Corporation (U.S.), Institut Straumann AG (Switzerland), Morgan Advanced Materials (U.K.), APC International, Ltd. (U.S.), Materion Corporation (U.S.), Elan Technology (U.S.), Koninklijke DSM N.V. (Netherlands), Stryker Corporation (U.S.), Morgan Advanced Materials plc (U.K.), and Zimmer, Inc. (U.S.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5538
Key questions answered in the report:
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