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Bioceramics Market Size, Trends, Share Analysis, And Outlook Report 2024 To 2033

Bioceramics Market

Bioceramics Market

The bioceramics market size has grown strongly in recent years. It will grow from $3.87 billion in 2023 to $4.14 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing aging population, growing incidence of chronic diseases, demand for aesthetic dentistry, regulatory approvals and standards, increased focus on regenerative medicine..

The bioceramics market size is expected to see strong growth in the next few years. It will grow to $5.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising demand for bioactive ceramics, expanding applications in neurology, growing awareness of dental health, international collaborations in medical research, focus on personalized medicine.. Major trends in the forecast period include emergence of advanced 3d printing techniques, development of multifunctional bioceramic materials, utilization of nanotechnology in bioceramic design, introduction of antibacterial bioceramics, focus on bioresorbable bioceramics for temporary implants, advancements in bioceramic coatings for implants..

Market Overview -
Bioceramics refers to a class of biomaterials made from ceramic compounds that are specifically designed for use in medical and healthcare applications, such as repairing or replacing damaged bone tissue, joints, and other organs.

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Rising Prevalence Of Orthopedic And Dental Disorders Fuels Bioceramics Market Growth
The growing prevalence of orthopedic and dental disorders is expected to propel the growth of the bioceramics market going forward. Orthopedic and dental disorders represent two distinct categories of medical conditions. Orthopedic disorders primarily concern the musculoskeletal system, whereas dental disorders primarily impact oral health and the structures found within the mouth. Bioceramics find extensive applications in both orthopedics and dentistry because of their biocompatible nature, resilience, and capacity to closely resemble the characteristics of natural bones and teeth. In orthopedics, they are frequently employed for implantation, such as in hip and knee joint replacements. Similarly, in dentistry, bioceramics are widely utilized for various dental restorations like crowns, bridges, and dental implants. For instance, in March 2021, according to Lancashire County Council, a UK-based upper-tier local authority, there were an estimated 470,000 workers affected by work-related musculoskeletal disorders between 2020 and 2021. Furthermore, in November 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, 3.55 billion individuals worldwide suffer from oral disorders, and global cases of oral diseases have increased by 1 billion from previous years. Therefore, the growing prevalence of orthopedic and dental disorders will drive the growth of the bioceramics market.

Competitive Landscape -
Major companies operating in the bioceramics market report are Stryker Corporation, Kyocera Corporation, The Royal DSM Company, Zimmer-Biomet Holdings Inc., Dentsply Sirona, NGK Spark Plug Co. Ltd., Straumann Group, Morgan Advanced Materials PLC, CoorsTek Medical, Carborundum Universal Ltd., Washington Mills Ceramics Corporation, Saint-Gobain Ceramics And Plastics Inc., H.C. Starck Ceramics GmbH, Nobel Biocare Holding AG, Ceram Tec, Nabertherm GmbH., Collagen Matrix Inc., DePuy Synthes Inc, CamBioceramics, Sagemax Bioceramics, Astro Met Inc., Bonesupport AB, Berkeley Advanced BioTypes Inc., Matexcel, Jyoti Ceramic Industries Pvt. Ltd., Doceram Medical Ceramics GmbH, Amedica Corporation, BIOMATCAN Ltd., CaP Biomaterials LLC, IJ Research Inc.

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