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 bio-compatible materials, meaning they don’t react negatively with the body’s natural and cellular system. They are used for dental or medical surgeries like artificial replacements of knee, elbow, wrist, and shoulder, among others. 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 which raises the demand for hard tissue replacement surgeries along with 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 which results in tooth cavities or decays and weak bones is also leading 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 it. 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.
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
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