The Bioceramics Market is projected to grow at a CAGR of 10.54% during the forecast period. Bioceramics are ceramic materials that can replace hard tissues of the body such as bone or teeth. Some of the examples of Bioceramics are inter-alia, Alumina, Bio-active glass, and glass ceramics, and calcium phosphates.
They are biocompatible materials, meaning they don’t react negatively to the body’s natural and cellular systems. They are used for dental or medical surgeries like artificial replacements of the knee, elbow, wrist, and shoulder. But there are certain downsides associated with the use of bioceramics. They are difficult to fabricate and have low tensile strength or resilience.
The different materials used as Bioceramics are classified as Bioinert, Bioactive and Bioresorbable. Bioinert Biomaterials once placed inside the body experience minimal interaction with other tissues, examples of these are alumina, titanium, etc. Bioactive Biomaterials interact with soft tissues and other bones near the implanted one, examples are Bioglass and Glass-ceramic A-W. Bioresorbable Biomaterials get absorbed inside the body giving way to the generation of advancing issues, some examples of these are calcium oxide and calcium carbonate.
Advancements and Innovations in Medical Science and devices are expected to bring a positive change for this market. Besides, better access to healthcare facilities due to rising disposable incomes and the growing proximity of medical centers and hospitals might also bolster the growth of this market in the forecast period.
The Bioceramics Market is growing due to the escalating geriatric population, raising the demand for hard tissue replacement surgeries and dental implants.
The increased inclination of people towards curing health-related issues like joint pain is expected to augment the sales of Bioceramics in the forecast period. As for the younger population, the excessive consumption of sugary foods and beverages in conjunction with low nutrient intake resulting in tooth cavities or decay and weak bones also leads to more medical and dental implants using bioceramics. Further, rising incidents of chronic diseases and accidents resulting in fractures or injuries are also a major reason for the bolstering of the Bioceramics Market. A major constraint faced by people considering medical implants is the high cost associated with them. Also, the use of medical polymers as a substitute might hamper the sales of bioceramics.
Geographically, American and European regions are estimated to hold a majority share of this market due to hefty investments occurring in Research and Development in their Medical Sector.
The growing stringent rules regarding the safety of medical treatments are expected to drive further innovations in Bio-ceramic Market. Also, the number of pharmaceutical companies is also high in these regions fueling the number of medical implants executed or to be executed.
Asia-Pacific Region is expected to see a high CAGR in Bioceramics sales due to rapid changes in the demographics of the countries in that region and increasing health concerns among populations in countries like India.
|Growth Rate||CAGR of 10.54% during the forecast period|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Material, Application, Type, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||CeramTec GmbH, Morgan Advanced Materials, DOCERAM Medical Ceramics, CoorsTek Medical LLC, CAM Bioceramics, Dentsply Sirona, Royal DSM, Kyocera Corporation|
|Customization scope||Free report customization with purchase|
o Alumina (Al2O3)
o Zirconia (ZrO2)
o Bioglass and Glass Ceramics
o Calcium Phosphate Ceramics
o Calcium Sulphate
o Orthopedic Implants
o Dental Implants
o North America
o South America
o The Middle East and Africa
o Asia Pacific
Frequently Asked Questions (FAQs)
Q1. What are the growth prospects for the bioceramics market?
A1. Bioceramics Market is expected to grow at a CAGR of 10.54% over the forecast period.
Q2. What is the base year considered in the bioceramics market report?
A2. 2019 has been taken as the base year in the bioceramics market report.
Q3. How is the bioceramics market segmented?
A3. The bioceramics market has been segmented by material, application, type, and geography.
Q4. Which region holds the largest market share in the bioceramics market?
A4. American and European regions are estimated to hold a majority share of the bioceramics market due to hefty investments occurring in Research and Development in their Medical Sector.
Q5. What factors are anticipated to drive the bioceramics market growth?
A5. The bioceramics market is growing due to the escalating geriatric population which raises the demand for hard tissue replacement surgeries along with dental implants.
Morgan Advanced Materials
DOCERAM Medical Ceramics
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