Medical Ceramics Market Segments, Analysis, Overview, Outlook Report 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Medical Ceramics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $32.52 billion In 2028 At A CAGR Of 28.6% :

The medical ceramics market size has grown strongly in recent years. It will grow from $17.87 billion in 2023 to $18.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to advancements in material science, increasing aging population, expanding range of medical applications, biocompatibility and durability, rising incidence of chronic diseases.

The medical ceramics market size is expected to see strong growth in the next few years. It will grow to $24.02 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growing demand for dental implants, increasing focus on regenerative medicine, expanding orthopedic applications, customization and 3d printing technologies, rising healthcare expenditure, stringent regulatory standards. Major trends in the forecast period include focus on research and development, shift towards bioactive ceramics, product innovations, increasing applications in cardiovascular devices, stringent regulatory standards, global market expansion.

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Medical Ceramics Market Major Segments
The medical ceramics market covered in this report is segmented -

1) By Type: Bionert, Bioactive, Bioresorbable, Piezo Ceramics
2) By Application: Dental, Orthopedic, Cardiovascular, Plastic Surgery, Other Applications
3) By End User: Hospitals and Clinics, Specialty Centers, Other End Users

Key Driver - Fueling Growth In The Medical Ceramics Market Through Increased Hip & Knee Replacement Procedures

A rising number of hip & knee replacement procedures is expected to drive the medical ceramics market going forward. Knee replacement, also known as knee arthroplasty, is a procedure that includes partially or completely replacing the diseased joint with prosthetic components. The rising number of hip & knee replacement procedures require prosthetic components made of medical ceramics. For instance, in 2022, as per the report from the Center Orthopedic & Neurosurgical Care & Research, a US-based medical group, US total knee replacement surgeries are anticipated to increase by 673% to 3.5 million procedures annually by 2030. In their lifetimes, almost half of American adults will get knee osteoarthritis in at least one knee. Women receive about 60% of all knee replacement surgeries. According to estimates by personalized Orthopedic of palm Beach in November 2021, knee replacement surgery is carried out roughly 800,000 times a year in the United States alone, and that number is rising. Therefore, the rising number of hip and knee replacement procedures is driving the growth of the medical ceramics market.

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Prominent Trend - The Surge Of Technological Advancements In Medical Ceramics, Illustrated By Freudenberg Medical's Helixflex Innovation

Technological advancements in medical ceramics are a key trend gaining popularity in the medical ceramics market. Major companies in the medical ceramics market are advancing technologies to gain a competitive edge in the market. For instance, in October 2022, Freudenberg Medical, LLC, a US-based company engaged in the development and production of innovative medical products launched HelixFlex high-purity thermoplastic elastomer tubing. This silicone tubing and components for bioprocessing, drug and vaccine production, filling and sampling, peristaltic pumping, lab, and medical device applications are in addition to its current line of pharmaceutical products. TPE tubing is perfect for pharmaceutical bioprocessing applications since it can be heat-sealed to existing tube lines by welding, making it feasible for fluid transfer and transport in biopharma operations to be done quickly, easily, and safely.

Medical Ceramics Market Players
Major companies operating in the medical ceramics market report are 3M Company, Admatec BV, CeramTec GmbH, CoorsTek Inc., DePuy Synthes, Elan Technology Inc., Koninklijke DSM NV, Rauschert GmbH & Co KG, Institut Straumann AG, Tosoh Corporation, Zimmer Biomet Holdings Inc., APC International Ltd., Johnson & Johnson, H.C. Starck GmbH, Morgan Technical Ceramics, Nobel Biocare Services AG, Stryker Corporation, Zimmer Dental Holdings Inc., Kyocera Corporation, Advanced Ceramics Manufacturing, Astro Met Inc., LSP Industrial Ceramics Inc., C-Mac International LLC, Insaco Inc., Alumina Ceramic Components Inc., Renfert USA, TESco Associates Incorporated, Small Parts Inc., Metsch Refractories Inc., High Tech Material Solutions, Aremco Products Inc., Fineway Inc., TQ Abrasive Machining, Saint-Gobain Ceramics - Hexoloy, Wright Medical Technology, BCE Special Ceramics, Stanford Advanced Materials, Piezo Kinetics Inc., Atlantic Equipments Engineers, Markinter Ceramics Pvt. Ltd., Ceramaret SA, AVX Corporation, Ceramics Processing Systems

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Largest And Fastest Growing Region In The Market
North America was the largest region in the medical ceramics market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical ceramics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Medical Ceramics Market Report Structure
3. Medical Ceramics Market Trends And Strategies
4. Medical Ceramics Market - Macro Economic Scenario
5. Medical Ceramics Market Size And Growth
…..
27. Medical Ceramics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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