Press release
Medical Ceramics Market to hit USD 27.93 Bn by 2029 at a CAGR 5.3 Percent, Global Industry Analysis by Type, Industry, Region, and Forecast
The global medical ceramics market was valued at USD 19.43 Bn in 2021 and is expected to grow at USD 27.93 Bn in 2029, at a CAGR of 5.3 percent through the forecast period.Medical Ceramics Market Report Scope and Research Methodology
Medical ceramics are inorganic non-metallic materials used in a variety of ways, including the repair or rebuilding of human body components using medical bio-ceramics. Bioinert and bioactive are the two families of bio-ceramics commonly used to categorize them. All medicinal ceramics share the property of time-dependent alteration of the surface upon implantation, and they have a predisposition to naturally generate a biologically functional carbonate hydroxyapatite layer, which acts as a strong bonding layer for living tissue.
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The report's research methodology is based on real numbers and outputs of the key players and major players across the globe. Clinical trials are costly and time-consuming processes involved in the development of medical ceramic goods. These goods must meet ISO biocompatibility testing requirements and be biocompatible because they will be put inside of people. Companies and investors are wary of investing in this market since it is challenging to predict biocompatibility until the later stages of clinical studies. Additionally, the clearance process for medical ceramic goods is difficult, expensive, and time-consuming due to regulatory procedures that are complex, constrictive, and dependent on the composition of ceramics and their intended applications. These elements are expected to limit the market for medical ceramics' growth to some extent.
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Medical Ceramics Market Dynamics
Renewed attention to implantable technology, stringent clinical and regulatory processes, emerging markets, and issuing with process and recycling are the key drivers and restraints of the medical ceramics market. The report analyzes these dynamics in detail.
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Based on type, the market for medical ceramics can be further divided into bio-active ceramics, bio-Inert ceramics, piezo ceramics, bioresorbable, and other categories based on the type of material used. The segment with the biggest share in 2021 was bioinert ceramics.
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Based on application, the application of medical ceramics can be further divided into dental, orthopedic, cardiovascular, and others. Dental implants (enamels, fillings, prosthetics, and orthodontics), cardiovascular implants (heart valves, pacemakers, catheters, grafts, and stents orthoperiodic implants (artificial hips, knees, shoulders, wrists, fracture fixation, and bone grafts), and hearing implants are among the many implantable devices that utilize medical ceramics as essential components (cochlear implants).
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Medical Ceramics Market Regional Insights
Emerging markets, such as Brazil, Russia, India, China, and South Africa, have some of the quickest-growing economies in the world, and the demand for medical facilities and equipment in these nations is expected to fuel the growth of the medical ceramics market
Medical Ceramics Market Segmentation
By Type:
• Brazing alloys
• Bio-active ceramics
• Bio inert ceramics
• Piezo ceramics
By Application:
• Hospitals
• Cancer treatment
• Research institute
• Others
Medical Ceramics Market Key Competitors include:
• 3M Company
• CeramTec GmbH
• CoorsTek, Inc.
• DePuy Synthes
• H.C. Starck GmbH
• Koninklijke DSM NV
• Kyocera Corporation
• Morgan Advanced Materials PLC
• Ingredion
• NGK Spark Plug Co., Ltd.
• Rauschert GmbH & Co.,
• Straumann
• 3M Health Care
• Dental Services Group
• Ceram tec gmbh
• Tosoh
• Johnson & Johnson
• Royal DSM
• Zimmer Biomat
Table of Content for Medical Ceramics Market:
Global Medical Ceramics Market: Research Methodology
Global Medical Ceramics Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Medical Ceramics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Medical Ceramics Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Regional Medical Ceramics Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type and Application
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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