Medical Ceramics Market Growth Factors Research And Projection 2026 | CoorsTek Medical, H.C. Starck GmbH, Tosoh Corporation, Noritake

Ceramic Materials are the combination of thermal and physical qualities which are used for various medical applications for the repair and reconstruction of human body parts. This employed majorly in dental and orthopedic applications, mainly as implants or replacements. The inherent brittleness of traditional ceramics has limited their ability to compete with ductile metals and polymers for technical applications. However, over the last 100 years innovative techniques in the fabrication of ceramics have led to their use as high-tech materials. Inert bioceramic, such as ZrO2 and Al2O3, have inherently low levels of reactivity compared with other materials such as polymers and metals as well as surface reactive or resorbable ceramics and they are expected to be non-toxic, non-allergenic, and non-carcinogenic for a life-time in a human bod. This led to the early adoption of the most recent generation of instruments using an established technology in the hospitals.

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Market Dynamics
The global incidence of osteoarthritis is expected to escalate which in turn increasing demand for medical ceramics implants as Osteoporosis is characterized by low bone mineral density (BMD) and deterioration of bone tissues, leading to increased risk of developing traumatic bone fractures. According to the World Health Organization (WHO), 2013, around 28.2% of the global population above 60 years of age, suffered from osteoarthritis with an estimated 80% recorded with mobility handicaps. Moreover, Growth in applications of medical ceramics for inartificial total hip, knee, shoulder, elbow, wrist bone plates, screws, wires intramedullary nails, spinal fusion alveolar bone replacements, mandibular reconstruction and tooth replacement implants has opened new growth avenues for medical ceramics market. However, 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 can have devastating effects on organs and tissues, this could hamper the growth of the market during the forecast future.

Market Taxonomy

This report segments the global medical ceramics market on the basis of material and application. On the basis of material, the market is classified into bio-inert, bio-active, bio-resorbable and piezo ceramics. Bio-inert segment is further sub-divided into Aluminum Oxide, Zirconia, Carbon and bio-active sub-divided into Hydroxyapatite (HAP), Glass and Bioglass, zirconia alumina composite. Applications of medical ceramics include surgical implants, medical tools and devices and prosthetics. Surgical implants further sub-divided into dental implants, orthopedic implants and other implants.

Key features of the study:
This report provides in-depth analysis of medical ceramics and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launch or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global medical ceramics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
North America market accounted for the largest market share, followed by Europe in 2016. This is owing to high usage of implantable medical devices, furthermore, rise in number of osteoporotic fractures in the U.S. and presence of relatively large number of medical device manufacturers in this region is expected to be a factor for growth of the medical ceramics market in this region.
For instance, according to the National Osteoporosis Foundation (NOF), over 1.3 million osteoporotic fractures occur each year in the U.S. The market in Asia Pacific and Latin America is also expected to witness substantial growth. This is owing to rise in medical tourism for dental and orthopedic procedures. According to the study by Far International, 2016, the knee replacement surgery costs around US$ 40,000, whereas the costs in Colombia is only US$ 15,000.

Some of the key players in medical ceramics market are CoorsTek Medical, H.C. Starck GmbH, Tosoh Corporation, Noritake Co., Ltd., 3M ESPE, Morgan Advanced Materials plc, Ceramtec, Pl Ceramic GmbH, Lithoz, and Kyocera Corporation.

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