The Global Bioceramics Market Is Projected To Expand 1.5X Over The Decade To Be Valued At US$ 23 Bn By 2031

Fact.MR's bioceramics market report forecasts strong expansion, expecting an incline of over 7% CAGR across the 2021-2031 assessment period. As per the report, the market is poised to be valued at above US$ 23 Bn by 2031. Growth is majorly fueled by extensive application across the orthopedic and dental implants segments.
Historically, sales of bioceramics grew by approximately 6% in value CAGR from 2016 to 2020, closing in at above US$ 14 Bn by the end of 2020. As the COVID-19 pandemic unfolded, recessionary pressures were experienced, attributed to postponement of elective procedures, including dental and orthopedic implant surgeries.
As per the World Health Organization, dental caries prevalence is a major public health concern globally. Since the past half-decade, dental caries ranked first for permanent tooth decay, comprising 2.3 billion people, and 12th for deciduous teeth, equivalent to 560 million children. Hence, patients are undergoing numerous teeth implant surgeries, which is stimulating demand for dental crowns, bridges, bristles and dentures.

Likewise, an estimated 10-15% of adults aged above 60 suffer from varying degrees of osteoarthritis and other bone-related ailments, for which implant surgeries are on the incline. Hence, demand for bioceramics is showing sufficient promise.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6393

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• By material, carbon bioceramics to expand at over 7% CAGR through 2031
• Alumina bioceramics likely to be valued at over US$ 11 Bn by 2031-end
• By application, demand likely to remain high for dental implants, generating over 2 out of 5 sales
• Orthopedic applications to acquire traction, expanding at around 6% CAGR until 2031
• U.S. sales of bioceramics were valued at above US$ 4 Bn in 2020, mostly for orthopedic implants
• Cutting-edge surgical innovations pushing bioceramics sales across China at over 6% CAGR
• India, Australia, and South Korea to collectively reach nearly US$ 3 Bn by 2031

"Inclining preference for lightweight, flexible, and comfort-enhancing biomedical implants is prompting healthcare providers to incorporate bioceramics within their surgical procedures, catalyzing market growth," says a Fact.MR analyst.

𝗖𝗼𝘂𝗻𝘁𝗿𝘆-𝘄𝗶𝘀𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
𝗛𝗼𝘄 𝘄𝗶𝗹𝗹 𝗕𝗶𝗼𝗰𝗲𝗿𝗮𝗺𝗶𝗰𝘀 𝗗𝗲𝗺𝗮𝗻𝗱 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝗦𝗵𝗮𝗽𝗲 𝗨𝗽 𝗶𝗻 𝘁𝗵𝗲 𝗨.𝗦.?

Analysis of bioceramics sales across North America reveals that, the U.S. generated bulk of total demand, being valued at over US$ 4 Bn in 2020. Extensive consumption across key medical domains is bolstering the growth prospects for this region over the coming years.
According to the American Ceramic Society, bioceramics applications have surged across orthopedics, tissue engineering and dentistry. For hard or soft tissue replacement, bioceramics manufactured from calcium oxide, sodium oxide and phosphorous pentoxide are widely used, while hydroxyapatite coatings are commonly used for ceramic bearings on orthopedic implants.

𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀

Application
• Bioceramics for Orthopedic Implants
• Bioceramics for Dental Implants
• Bioceramics for Implantable Electronic
Devices
• Bioceramics for Other Applications

Material
• Alumina Bioceramics
• Zirconia Bioceramics
• Carbon Bioceramics
• Other Material Bioceramics

𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝘆 𝗮𝗿𝗲 𝗖𝗮𝗿𝗯𝗼𝗻 𝗕𝗶𝗼𝗰𝗲𝗿𝗮𝗺𝗶𝗰𝘀 𝗔𝗰𝗾𝘂𝗶𝗿𝗶𝗻𝗴 𝗣𝗼𝗽𝘂𝗹𝗮𝗿𝗶𝘁𝘆?

By product, sales of carbon bioceramics are anticipated to surge at a CAGR of over 7% until 2031, attributed to their high density and enhanced fiber strength. Moreover, their light weight offers convenience to patients as well as surgeons in terms of implant positioning.
Vitreous carbon is also used as it is light, resistant to wear, and compatible with blood. It is mostly used in cardiac valve replacement. Diamond can be used for the same application, but in coating form.

𝗪𝗶𝗹𝗹 𝗕𝗶𝗼𝗰𝗲𝗿𝗮𝗺𝗶𝗰𝘀 𝗨𝘀𝗮𝗴𝗲 𝗯𝗲 𝗠𝗮𝘅𝗶𝗺𝘂𝗺 𝗳𝗼𝗿 𝗗𝗲𝗻𝘁𝗮𝗹 𝗜𝗺𝗽𝗹𝗮𝗻𝘁 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴?

As per Fact.MR's bioceramics market insights, demand for dental implants generated over 40% of the total revenue until 2020. Increasing demand for ceramic-based crowns and bridges owing to close resemblance to original teeth are majorly driving growth in this segment.
Simultaneously, growth across the orthopedic segment is also expected to incline, registering a CAGR of approximately 6% until 2031. Rising incorporation of key materials such as zirconium, aluminum and hydroxyapatite to reduce chances of dislocation shall drive growth in this segment.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=6393

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

Presence of handful of manufacturers renders the bioceramics landscape fairly consolidated in nature. Prominent players include Amedica Corporation, Cam Bioceramics BV, CeramTec GmbH, Saint-Gobain, CoorsTek Medical LLC, DePuy Synthes, and Royal DSM NV, to name a few.
The global market for bioceramics is characterized by the presence of limited manufacturers, offering specialized product offerings for multiple end users. Players are largely involved in forging collaborations and acquisitions, among other expansion strategies, to leverage existing growth prospects.
• In October 2020, Amedica Corporation secured a patent from the U.S Patent & Trademark Office for articulating intervertebral devices, related tools, systems and methods to address challenges associated with traditional transforaminal lumbar interbody fusion (TLIF) procedures.
• In April 2021, CoorsTek announced an additional expansion of its manufacturing footprint in Benton, Arkansas, so as to support the evolution and innovation in key domains, including bioceramics.
• In June 2021, Morgan Advanced Materials Plc. was awarded with the AAA rating for its sustainability achievements and initiatives by MSCI, as the company accelerates its environmental, social and governance (ESG) credentials program, including manufacturing bioceramics.
• In June 2020, Cam Bioceramics BV announced that its medical grade ceramic materials would be deployed by Admatec in its Admaflex DLP 3D printing systems, which includes a newly available hydroxyapatite slurry material.
• In January 2021, DOCERAM Medical Ceramics (Nacera) introduced a new product catalogue, which includes a new range of zirconia products such as the Nacera® Blanks which are used for producing fixed dentures, including single crowns and bridges measuring up to 16 inches.
Key Companies Profiled:
• Amedica Corporation
• Cam Bioceramics BV
• CeramTec GmbH
• Compagnie de Saint-Gobain
• CoorsTek Medical LLC
• DePuy Synthes
• DOCERAM Medical Ceramics GmbH
• H.C. Starck GmbH
• Morgan Advanced Materials Plc.
• Royal DSM NV

𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗔𝗱𝗱𝗿𝗲𝘀𝘀𝗲𝗱 𝗶𝗻 𝗕𝗶𝗼𝗰𝗲𝗿𝗮𝗺𝗶𝗰𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆:
• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand Share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Bioceramics and How to Navigate
• Recommendation on Key Winning Strategies

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

http://www.prnewswire.com/news-releases/performance-efficiency-driving-coated-seamless-steel-pipes-sales-factmr-301248339.html

https://www.prnewswire.com/news-releases/chelating-resins-sales-accelerating-as-application-in-chlor-alkali-rises-factmr-301249343.html

https://www.prnewswire.com/news-releases/demand-for-nitrile-disposable-gloves-growing-factmr-study-301250236.html

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