The global bioceramics market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for bioceramics in the medical industry and rising prevalence of chronic illnesses.
Bioceramics are commonly utilised in medical and dental treatments. They are used to rebuild hard body tissues, such as teeth and bones. Bioceramics are inorganic materials with sound concrete strength and improved electric and thermal insulation.
Marker Trends, Drivers, Restraint and Opportunities
- Growing incidence of osteoarthritis, which result in dental injuries, is estimated to propel the market growth.
- Rising trend of dental implant treatments owing to technology advancements is expected to spur the growth of the market.
- Increasing use of advanced materials in the bioceramics industry, such as zirconia and toughened alumina is anticipated to boost the bioceramics market expansion.
- The availability of medicinal polymers such as polyamine esters and amidoamines can hamper the market growth
- Fluctuation in alumina prices can create challenges for the growth of the market.
- Increased cavities in children, as well as crowning, bridging, and a variety of other tooth implants, are expected to drive the market considerably throughout the projection period.
Scope of the Report
The report on the global bioceramics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Bioceramics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Materials (Zirconia, Calcium Phosphate, Aluminum Oxide, Calcium Sulphate, Carbon, and Glass), Types (Bio-active, Bio-inert, and Bio-resorbable) and Applications (Orthopedics, Bio-Medical, and Dental),
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
CeramTec; Morgan Advanced Materials; CoorsTek Inc.; Kyocera Corp.; and Danaher
Bio Ceramics Market Segment Insights
Calcium phosphate segment is expected to grow at a rapid pace
Based on materials, the market is divided into zirconia, calcium phosphate, aluminium oxide, calcium sulphate, carbon, and glass. The calcium phosphate segment is expected to grow at a rapid pace during the forecast period due to increasing utilization of calcium phosphate. On the other hand, the zirconia segment is anticipated to exhibit a high CAGR during the forecast period.
Bio-resorbable segment is projected to expand at a considerable CAGR
On the basis of types, the market is segregated into bio-active, bio-inert, and bio-resorbable. The bio-resorbable segment is projected to expand at a considerable CAGR during the forecast period. However, the bio-active segment is expected to account for a considerable market share in the projected timeline.
Dental segment is estimated to account a major market share.
In terms of applications, the market is divided into orthopaedics, bio-medical, and dental. The dental segment is estimated to account for a major market share during the forecast period. Growing emphasis on dental care by the global data is estimated to drive demand for bio ceramics in the healthcare sector. Conversely, the orthopaedics segment is anticipated to account for a major market share during the forecast period. Increasing replacement and repair of different body parts such as knees and hips is driving the segment growth.
Europe is anticipated to constitute a key market share
Based on regions, the global bio ceramics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a 40% share of the market during the projected period. Rising geriatric population has resulted in increased healthcare costs. On the other hand, North America is expected to exhibit a high CAGR during the forecast period. Growing spending on healthcare and favourable reimbursement policies are anticipated to propel the regional market growth.
Segments Covered in the Report
The global bio ceramics market has been segmented on the basis of
- Calcium Phosphate
- Aluminum Oxide
- Calcium Sulphate
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
- Morgan Advanced Materials
- CoorsTek Inc.
- Kyocera Corp.
Key players competing in the global bio ceramics market are CeramTec; Morgan Advanced Materials; CoorsTek Inc.; Kyocera Corp.; and Danaher.
Companies are engaging in partnerships with hospitals and clinics to expand their market share. Moreover, they’re investing in R&D activities to leverage their market position.