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Medical Ceramics Market Advancement, Target Audience, Growth Prospects and Segmentation
Overview:
Medical Ceramics Market is expected to
reach USD 28.9 Billion by 2030 at CAGR of 5.1% during the forecast period of
2022 to 2030.
Medical ceramics find substantial
percolation in the healthcare sector. Its applications as implants,
prosthetics, and medical tools &
devices are quite riveting. Mostly this equipment are sourced from alumina and
zirconia. Among other uses, pacemakers, kidney dialysis machines, and respirators
are keeping the medical ceramics market quite engaged. Medical ceramics
are getting quite popular owing to their abrasion resistance and inert nature
inside the human body. These properties are providing considerable traction to
the market as bone replacements and dental implants. MRFR report on the medical
ceramics market included segmental analysis, both volume-wise and value-wise.
At the same time, factors that can influence the market in the coming years are also included in the report.
The medical ceramics market is getting
traction from several healthcare departments such as cardiology and dental. Its
features are making it an easy-to-approach option for these segments. But,
mostly, the medical ceramics market is enjoying rising investment from both
government and private bodies which can also curb the effects of high cost of
the procedures. These initiatives can ensure substantial growth for the market
in the coming years.
Segmentation:
MRFR in their report segments the medical
ceramics market by type, application, and end-user for a holistic analysis.
Based on the type, the medical ceramics
market is segmented into bioactive
ceramics, piezoceramics, bioinert ceramics, and bioresorbable ceramics. The bioinert
ceramics segment includes zirconia,
alumina, and others. The bioactive ceramics comprises hydroxyapatite and glass
ceramics.
Based on the application, the medical
ceramics market includes cardiovascular, diagnostic instruments, dental,
plastic surgery, orthopedic, surgical instruments, and others. The dental
segment consists dental implants, dental
crowns & bridges, inlays & onlays,
braces, and dental bone grafts & substitutes. The orthopedic segment is
sub-segmented into a joint replacement, fracture fixation, and orthobiologics. The joint replacement segment
includes knee replacement, shoulder replacement, hip replacement, and others.
Based on the end-user, the medical
ceramics market comprises specialty centers, hospitals and clinics, and
research centers.
Regional Analysis:
MRFR segments the medical ceramics market,
regionally, by segmenting it into North America, Europe, Asia Pacific (APAC),
and the Middle East & Africa (MEA).
Increasing healthcare expenditure in the
region, robust healthcare sector, technologically advanced treatment procedure,
and increasing government initiatives are
providing the North American medical ceramics market substantial traction. The
presence of a country like the U.S. and Canada are helping the regional market
in strategic developments.
Innovative research technologies and the inclusion of nanotechnology in the segment can
help the market in gaining substantial ground in Europe. The dental industry is receiving substantial boost from a country like Hungary
which has emerged as a medical hub for the dental
industry.
The APAC market can be assured of substantial
growth due to the presence of countries such as India and China who are
developing their industry centering much around medical tourism. This requires substantial
development in the healthcare infrastructure and governments from these
countries are investing heavily in exploring the
option to the fullest. These factors can directly influence medical
ceramics market growth.
Competitive
Landscape:
The medical ceramics market Players are Zimmer Holdings, Inc,
CoorsTek Inc., Stryker, Straumann, H.C. Starck GmbH, Kyocera Corporation, 3M
ESPE, Morgan Advanced Materials, Nobel Biocare Services AG, and DePuy Synthes.
In 2018, researchers from the City
University of Hong Kong (CityU) had
successfully developed a method to develop
4D printed medical ceramic products which would be robust in their construction
and can provide complex shapes. The important
factor that would trigger the technology is the ceramic ink that is a
combination of polymers and ceramic nanoparticles.
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have
supreme objective to provide the optimum quality market research and
intelligence services to our clients.
Contact
us:
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Research Future (part of Wantstats Research and Media Private Limited),
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Hudson Street, 5Th Floor,
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York, New York 10013
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