Global Metal Implants And Medical Alloys Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Cobalt, Chrome, Stainless Steel, Titanium, Others), By Application (Orthopaedic, Dental, Spinal, Others), By End-User (Hospitals, Clinics) And By Geography - Forecasts From 2020 To 2025

Published:  Jun 2022 Report Code: KSI061613780 Pages: 120

The global metal implants and medical alloys market is projected to grow at a CAGR of 11.82% to reach US$27.432 billion by 2027, from US$12.546 billion in 2020.

Spondylolisthesis is a disease in which the slipping of the vertebrae occurs at the base of the spine and can cause damage to the bones as the vertebrae start slipping forward or backward. This condition is of different types, such as degenerative, isthmic, traumatic, dysplastic, or pathologic. According to the facts and estimates presented by the NCBI, Isthmic spondylolisthesis is a disease that affects the adolescent population. The prevalence is estimated to be higher in males than females. Additionally, the dysplastic type is mostly seen in the younger or pediatric population. Thus, these increasing cases of spine problems lead to individuals opting for implants to correct the condition and prevent any further damage, which is causing an increase in the demand for metal implants and medical alloys and fueling the market’s growth.

Dental Implants are also facing an increase in demand due to the rising dental problems resulting from the unhealthy lifestyle of many individuals and the growing senior population.

According to the data and statistics provided by the AAID (American Academy of Implant Dentistry), there are about 3 million individuals in the US that have had gotten dental implants installed, which is attributable to the weakening of their teeth or the problems due to poor oral hygiene and an unhealthy lifestyle. In addition, the growing geriatric population is another factor contributing to this surge in demand for dental implants and medical alloys as the teeth get weaker and diseased due to cause by the reduction in the efficacy of the immune system of older people. Thus, these factors propel the market further over the forecast period.

3D printed implants hold the potential to provide the different market players with an opportunity to improve their product portfolios and bolster the market growth over the forecast period.

3D printed implants are gaining immense traction from the different industry players owing to the better and enhanced accuracy with which the parts can be manufactured and the relatively lower costs than the conventional manufacturing of implants. In addition, some market players are involved in offering such products as DePuy Synthes, among others. Therefore, these factors allow the market players to contribute to market growth over the forecast period and, in turn, improve their market share.

Major Market Players' Product Offerings in the Metal Implants and Medical Alloys Market Product Offerings by Major Market Players in the Metal Implants and Medical Alloys Market

Furthermore, major and newer market players are coming up with new and enhanced measures such as offering and launching top-quality metal implants and medical alloy products to cater to the general demand from the end-users effectively while simultaneously earning profits and contributing to the market growth.

Some of the examples of product launches and project expansions are as follows:

In October 2019, Alphatec Holdings, Inc., also known by the name ATEC and is a distinguished company involved in the manufacture and sale of medical devices, with special attention towards spine surgery, announced the commercial launch of their new product called the “identity.” The product is a line of porous titanium implants for lateral body fusion procedures. In addition to this, the company has also announced the release of another product called the AMP Lateral Anti-Migration Plate.

In September 2019, DePuy Synthes, which is a company, that is part of the Johnson & and Johnson Medical Devices Group, announced the launch of its new product line under the 3D printed titanium spinal implants at the 34th Annual North American Spine Society meeting, which was held in the last week of September. The product is called the “CONDUIT Interbody Platform and has been designed to mimic the structural characteristics and features of the natural bone. These implants are used to treat discs that have collapsed due to degenerative spinal diseases and come in various shapes and sizes.

The North American region is estimated to hold a significant share over the forecast period due to rising spinal and dental problems cases in high-income countries such as the US and the Asia Pacific region. It is estimated to increase its share over the forecast period due to investments being made into the healthcare sector.

The North American region is expected to hold a significant market share over the forecast period since many leading pharmaceutical companies provide Metal Implants and Medical Alloys in this region and the well-established healthcare industry and infrastructure in the countries such as the US. In addition, there is faster adoption of advanced and enhanced metallic implants such as titanium implants in this region owing to the preference for using high-quality medical products among the individuals in the US, which is attributed to the sedentary lifestyle they lead.

The Asia Pacific region is estimated to show promising growth prospects over the forecast period. This is attributable to the fact that several initiatives are being taken by the government, and many investments are being poured made to accelerate the development of the healthcare sector and healthcare sector in countries such as India to make quality services available to the public.

Covid-19 Impact

The COVID-19 disease outbreak is affecting many aspects of the global metal implants and medical alloys markets. Because of the outbreak, most therapies for various diseases have been curtailed to order to limit disease spread. Nations have issued guidelines to focus solely on emergency cases in to order to increase the emphasis on COVID-19. Such practices had reduced the number of procedures requiring medical implants, thereby limiting market outcomes.

Recent Development

June 2022, Johnson Mathew Plc , a global leader in sustainable solutions,  announced the sale of its Health business has been accomplished in line with the agreement of the sale transactions signed into between JM and Altaris Capital Partners, a leading healthcare investment firm. JM will retain estimated a 30% equity stake in Veranova as part of the transaction.

Global Metal Implants and Medical Alloys Market Scope:

Report Metric Details
 Market size value in 2019  US$13.982 billion
 Market size value in 2025  US$23.179 billion
 Growth Rate  CAGR of 8.79% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Application, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  CRS Holdings Inc., DSM, Johnson Matthey, ATI, AMETEK Inc., Aperam, Wright   Medical  Group N.V., Zimmer Biomet, QuesTek Innovations LLC, Fort Wayne Metals   Research Products Corp
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Type
    • Cobalt Chrome
    • Stainless Steel
    • Titanium
    • Others
  • By Application
    • Orthopaedic
    • Dental
    • Spinal
    • Others
  • By End-User
    • Hospitals
    • Clinics
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Thailand
      • Indonesia
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the metal implants and medical alloys market size by 2025?
A1. The global metal implants and medical alloys market is projected to reach a market size of US$23.179 billion by 2025.
 
Q2. What is the size of global metal implants and medical alloys market?
A2. Metal Implants and Medical Alloys market was valued at US$13.982 billion in 2019.
 
Q3. What are the growth prospects for metal implants and medical alloys market?
A3. The metal Implants and medical alloys market is projected to grow at a CAGR of 8.79% over the forecast period.
 
Q4. What factors are anticipated to drive the metal implants and medical alloys market growth?
A4. Increasing cases of spine problems are leading to individuals opting for implants to correct the condition and prevent any further damage, which is causing an increase in the demand for the metal implants and medical alloys and is fueling the market growth.
 
Q5. Which region holds the largest market share in the metal implants and medical alloys market?
A5. The North American region to hold a noteworthy share over the forecast period owing to rising cases of spinal and dental problems in the high-income countries such as the US.
1. Introduction
1.1. Market Overview
1.2. COVID-19 Impact
1.3. Market Definition
1.4. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Metal Implants and Medical Alloys Market Analysis, By Type
5.1. Introduction
5.2. Cobalt Chrome
5.3. Stainless Steel
5.4. Titanium
5.5. Others

6. Global Metal Implants and Medical Alloys Market Analysis, By Application
6.1. Introduction
6.2. Orthopaedic
6.3. Dental
6.4. Spinal
6.5. Others

7. Global Metal Implants and Medical Alloys Market Analysis, By End-User
7.1. Introduction
7.2. Hospitals
7.3. Clinics

8. Global Metal Implants and Medical Alloys Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Metal Implants and Medical Alloys  Market Analysis, By Type, 2020 to 2027
8.2.2. North America Metal Implants and Medical Alloys  Market Analysis, By Application, 2020 to 2027
8.2.3. North America Metal Implants and Medical Alloys  Market Analysis, By End-User, 2020 to 2027
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. South America Metal Implants and Medical Alloys  Market Analysis, By Type, 2020 to 2027
8.3.2. South America Metal Implants and Medical Alloys  Market Analysis, By Application, 2020 to 2027
8.3.3. South America Metal Implants and Medical Alloys  Market Analysis, By End-User, 2020 to 2027
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Metal Implants and Medical Alloys  Market Analysis, By Type, 2020 to 2027
8.4.2. Europe Metal Implants and Medical Alloys  Market Analysis, By Application, 2020 to 2027
8.4.3. Europe Metal Implants and Medical Alloys  Market Analysis, By End-User, 2020 to 2027
8.4.4. By Country
8.4.4.1. UK
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Spain
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Metal Implants and Medical Alloys Market Analysis, By Type, 2020 to 2027
8.5.2. Middle East and Africa Metal Implants and Medical Alloys Market Analysis, By Application, 2020 to 2027
8.5.3. Middle East and Africa Metal Implants and Medical Alloys Market Analysis, By End-User, 2020 to 2027
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. United Arab Emirates
8.5.4.3. Israel
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Metal Implants and Medical Alloys  Market Analysis, By Type, 2020 to 2027
8.6.2. Asia Pacific Metal Implants and Medical Alloys  Market Analysis, By Application, 2020 to 2027
8.6.3. Asia Pacific Metal Implants and Medical Alloys  Market Analysis, By End-User, 2020 to 2027
8.6.4. By Country
8.6.4.1. Japan
8.6.4.2. China
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Thailand
8.6.4.6. Indonesia
8.6.4.7. Taiwan 
8.6.4.8. Others

9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. Company Profiles 
10.1. CRS Holdings Inc.
10.2. DSM
10.3. Johnson Matthey
10.4. ATI
10.5. AMETEK Inc.
10.6. Aperam
10.7. Wright Medical Group N.V.
10.8. Zimmer Biomet
10.9. QuesTek Innovations LLC
10.10. Fort Wayne Metals Research Products Corp
 

CRS Holdings Inc.

DSM

Johnson Matthey

ATI

AMETEK Inc.

Aperam

Wright Medical Group N.V.

Zimmer Biomet

QuesTek Innovations LLC

Fort Wayne Metals Research Products Corp

Pricing

Explore Custom Options available with this study:

  •  Request customization
  •  Buy sections of the study
  •  Buy country specific report
  •  Request excel, Historical data
  •  Subscription inquiry
  •  Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.


Confidentiality

We are in compliance with the global privacy laws.

Connect With Us