openPR Logo
Press release

PEEK Implants Market Projected to Reach XX Billion by 2028, Growing at a CAGR of 14.2% Due to Rising Demand for Dental and Joint Replacement Surgeries

05-17-2024 01:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The global PEEK (Polyether Ether) Implants market is on an upward trajectory, expecting to grow from USD 2.03 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2018 to an anticipated multi-๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง-dollar figure by 2028. According to the latest published report from Dataintelo, the market is projected to flourish at a Compound Annual Growth Rate (๐‚๐€๐†๐‘) of 14.2% during the forecast period of 2018-2028. This robust growth can be primarily attributed to factors such as heightened awareness about dental implants, increased demand for joint replacement surgeries owing to the aging population, and a global rise in obesity rates.

Polyether Ether, a high-performance polymer increasingly used in medical device manufacturing, especially for implants, has seen demand soar in recent years. Dental and orthopaedic applications have particularly seen a surge with the aging demographic and the increased global prevalence of dental issues.

The analysis in Dataintelo's report shows that a growing understanding of the benefits of PEEK Implants is a significant factor driving the market's projected growth. High biocompatibility, radiolucency, and similar elasticity to bone make these implants a preferred choice over metal alternatives.

Furthermore, the rise in joint replacement surgeries aligns with the increase in aging populations and obesity rates worldwide. It's surmised that these trends, coupled with the ongoing enhancements in implant technology, will continue to fuel the PEEK market's growth in the coming years.

Dataintelo's insights are based on diligent market research and analysis, providing valuable foresight for investors, medical device manufacturers, healthcare professionals, and those with interest in the evolving PEEK Implants Market. These findings underscore the significant potential and opportunities within the market as it navigates in an ever-changing healthcare landscape

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/170604

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The peek implants market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Dental
โ— Spinal
โ— Joint
โ— Cranial
โ— Others

๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ
โ— Carbon-Fiber Reinforced
โ— Unfilled
โ— Others

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Hospitals
โ— Clinics
โ— Ambulatory Surgical Centers
โ— Others

๐„๐ง๐-๐”๐ฌ๐ž๐ซ
โ— Adults
โ— Pediatrics

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž, ๐€๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ
โ— 2022-2030

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— SisoMM
โ— MKPrecision
โ— Dibay
โ— JUVORA
โ— Merz Dental
โ— DiFusion Technologies
โ— SisoMM



๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The PEEK Implants market can be comprehensively segmented based on type, material, application, and end-user. The prominent types of PEEK implants include dental, spinal, joint, cranial, and others, each catering to specific medical needs. Material-wise, the market is subdivided into Carbon-Fiber Reinforced, unfilled, and others. Each material is used for varied purposes and demand varies based on factors like patient requirements, surgical needs, and cost-effectiveness. In terms of application, PEEK Implants are predominantly used in hospitals, clinics, ambulatory surgical centers, and other health service centers. The usage in these centers is determined by factors like the complexity of the surgeries, availability of skilled professionals, and patient preferences. Examining the end-user segment, the market facilitates the needs of two major populations - adults and pediatrics.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Region-wise, the PEEK Implants market has a promising presence in areas like the Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. The North American and European regions are foreseen to have a significant contribution to the market owing to their sophisticated healthcare system, high healthcare spending, and the presence of leading players. Simultaneously, the Asia Pacific region, with its rapidly evolving healthcare infrastructure and increased affordability among patients, is expected to show high growth potential. Meanwhile, Latin America, Middle East, and Africa are also emerging as significant contributors to the market growth due to rising healthcare awareness and investments in these regions. Key players like SisoMM, MKPrecision, Dibay, JUVORA, Merz Dental, DiFusion Technologies, and SisoMM are significantly influencing the market dynamics worldwide

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/170604

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

1. Rising Prevalence of Orthopedic and Dental Diseases: The increasing incidence of various orthopedic and dental diseases, which often require surgeries and implants, is one of the key drivers for the PEEK implants market.

2. Superior Properties: The Polyether Ether (PEEK) material used in these implants has superior properties such as biocompatibility, durability, and high resistance to wear and tear, making it preferred over other alternatives.

3. Increasing Geriatric Population: With aging, the risk of musculoskeletal disorders increases. Therefore, the growing geriatric population worldwide is leading to an increase in the number of these surgeries, thereby driving the demand for PEEK implants.

4. Increasing Preference for Minimally Invasive Surgeries: PEEK implants are widely used in minimally invasive surgeries. The increasing preference for these surgeries due to their advantages like less post-operative pain, lower risk of complications, and quicker recovery time also contributes to the growth of the PEEK implants market.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

1. Developing Economies: Developing regions such as Asia Pacific and Latin America, where healthcare sectors are undergoing rapid modernization and expansion, can provide significant ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซthe growth of the PEEK implant market.

2. Technological Advancements: Technological advancements in the field of medical implants offer new opportunities. Innovations, like bioactive PEEK implants that promote bone growth, can potentially revolutionize the sector.

3. Increasing Awareness: Efforts towards increasing awareness about the benefits of PEEK implants among patients and healthcare professionals can help in the market expansion.

4. Development of 3D Printing Technology: The use of 3D printing technology in manufacturing PEEK implants can bring about customizability and accuracy, creating new growth opportunities in the market.

5. Investment in Research & Development: Further investment in the research and development of PEEK implants can lead to the creation of advanced products, thereby providing new opportunities in the market.

6. Increasing demand for Spinal Implants: There is an increasing demand for spinal implants as spinal disorders are rising. The use of PEEK material in spinal implants can provide more ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซthe market to grow

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/170604

๐–๐ก๐จ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ?

1. Investors: If you're an investor who wants to stay ahead of the curve, then you need to buy this report. It will help you to identify growth areas and make more informed decisions regarding your investments.

2. Executive Leaders: CEO, CFO, CTO, and other C-level executives should buy this report to get insightful data to strategize their next moves and make decisions backed by data.

3. Business Analysts: Analysts involved in strategic planning and market research should buy this report for an in-depth understanding of industry trends and on-point evaluation of macro and micro factors influencing the industry.

4. Marketing Professionals: Professionals involved in marketing should purchase this report for data-driven promotion strategies and a better understanding of the consumer base.

5. Researchers: Individuals or institutions conducting research on market trends, consumer behavior, and industry analysis should buy this report for detailed and accurate global data.

Good Things About Dataintelo:

1. Comprehensive Reports: Dataintelo offers a wide range of reports across various industries. Their reports will help you understand the competitive landscape, market size, trends, forecasts, and in-depth strategic analysis.

2. Accurate and Reliable: The data provided by Dataintelo is carefully validated and cross-verified from multiple sources. They ensure that clients get the most accurate, reliable, and up-to-date information.

3. Excellent Customer Service: Their team of expert research consultants is available for client support and assistance.

4. Customized Reports: Dataintelo offers customization options to ensure that their clients get tailored market research reports that suit their unique businesses.

5. Competitive Advantage: Their strategic insights can give businesses a competitive advantage by helping them understand the market dynamics and make informed business decisions.

6. Global Coverage: Dataintelo provides reports with global coverage allowing you to understand the market scenario of not just local, but also international markets.

7. Easy-to-understand reports: Dataintelo reports are designed in an interactive and easy-to-understand manner which makes it easier for non-technical stakeholders to understand the complex statistical data

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release PEEK Implants Market Projected to Reach XX Billion by 2028, Growing at a CAGR of 14.2% Due to Rising Demand for Dental and Joint Replacement Surgeries here

News-ID: 3501390 • Views: โ€ฆ

More Releases from Dataintelo

Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of XX%, Segmented by Type, Manufacturing Process, Application, and More, Reveals Dataintelo Report
Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of โ€ฆ
Dataintelo has recently unveiled a comprehensive analysis on the Carbon Carbon Composite Brake Disc Market in its latest report. The research, which is segmented by Type (2D C/C composite, 2.5D C/C composite, 3D C/C composite), by Manufacturing Process (Blow Moulding, Injection Moulding) and by Application (Motorsport, Aerospace, Heavy Vehicles), among other factors, anticipates the market to grow at a significant CAGR of XX% during the forecast period. The report considersโ€ฆ
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in Dataintelo's Latest Research Report Covering In-Depth Analysis of Leading Players and Key Sectors
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in โ€ฆ
Dataintelo has recently published a comprehensive study on the AR Optical Waveguide Module Market, revealing a forecast annual growth rate (CAGR) of XX%. The report is detailed and breaks down its research by aspects such as Light Detection (Infrared, Ultraviolet, Visible Light), Waveguide Type (Planar Waveguide, Channel Waveguide), Material Type (Polymer, LiNbO3, Glass, Silicon), Application (Telecommunication, Healthcare, Industrial, Aerospace and Defense), and Component (Input/Output Coupler, Waveguide Core, Cladding). The report segmentsโ€ฆ
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Players ABB Group, Yaskawa Electric Corporation, and Fanuc Corporation
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Pla โ€ฆ
In a newly published report from Dataintelo, it is revealed that the 6-Axis Robots Market is projected to experience a substantial growth, marking a significant CAGR in the forecast period. The comprehensive study is segmented by type, including Articulated, Cylindrical, Spherical, and Cartesian robots, and by application, encompassing Material Handling, Welding, Painting, and Assembly amongst others. Additionally, it explores various end-use industries, such as Automotive, Electrical and Electronics, Metals andโ€ฆ
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study on Product Types, Applications, End-users, and Key Players
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study โ€ฆ
In an insightful investigation of the Mesotherapy Market, Dataintelo unveils a comprehensive analysis of the key growth markers, restraints, and business prospects that will shape the industry dynamics in the coming years. The report is segmented by Product Type (Plant Extracts, Hormones, Enzymes, Vitamins, Others), by Application (Non-Surgical Liposuction, Body Contouring, Hair Restoration, Others), by End-user (Hospitals, Speciality Clinics, Aesthetic Centers), and by Technique (Nappage, Point by Point, Mesoperfusion, Mesolift,โ€ฆ

All 4 Releases


More Releases for PEEK

PEEK Film Market 2024 Analysis
PEEK Film Market The global PEEK Film market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. North American market for PEEK Film is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Asia-Pacific market for PEEK Filmโ€ฆ
PEEK (Polyetheretherketone): A Comprehensive Guide
Polyetheretherketone (PEEK) is an advanced engineering thermoplastic widely recognized for its outstanding overall performance, making it the material of choice in demanding environments across various industries. From aerospace to medical implants, PEEK's applications are extensive and significant, with its high-temperature performance, mechanical strength, and chemical stability excelling in high-end applications.This article will explore in depth the definition, characteristics, production process, and key applications of PEEK in various industries, providing aโ€ฆ
PEEK (Polyaryletheretherktone) Market 2021 | Detailed Report
Global PEEK (Polyaryletheretherktone) Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures)โ€ฆ
PEEK Bolts Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the PEEK Bolts analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global โ€œPEEK Bolts 2020-2025โ€ Research Report categorizes the global PEEK Bolts by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunitiesโ€ฆ
Polyetheretherketone (PEEK) Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Polyetheretherketone (PEEK) analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global โ€œPolyetheretherketone (PEEK) 2020-2025โ€ Research Report categorizes the global Polyetheretherketone (PEEK) by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunitiesโ€ฆ
PEEK Materials Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the PEEK Materials market analysis, which studies the PEEK Materials's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "PEEK Materials Market 2020-2025" Research Report categorizes the global PEEK Materials market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growthโ€ฆ