Bioceramics Market 2020-2026
Global Bioceramics Market Size, Share & Trends Analysis Report, By Product Type (Bio-Inert, Bio-Active, and Bio-Resorbable), By Application (Dental, Orthopedic, and Others) and Forecast, 2020-2026
The global bioceramics market is estimated to grow significantly during the forecast period. Some pivotal factors encouraging market growth include rising incidences of spine injuries and an increasing number of dental procedures. As per the data published by the National Spinal Cord Injury Statistical Center, as of 2019, in the US, the new spinal cord injuries (SCI) reported annually are 17,730, which is nearly 54 cases per one million population in the country. This leads to increasing demand for spinal bone tissue replacements which has increased the adoption of bioceramics as superior candidates for synthetic bones. Zirconia and Alumina and are renowned bioinert ceramic materials extremely used in spinal implants. Novel bioceramics are referred to as bioactive materials, containing properties of biodegradability and bioactivity. Both Vitrium (Bio2 Technologies, Inc.) and Vitoss Bone Graft Substitute (Stryker Corp.) are produced from novel resorbable orthobiomaterials, which reveals several properties including load-bearing, osteoconductivity, bioactivity, and porosity.
The market is segmented based on product type and application. Based on type, the market is classified into bio-inert, bio-active, and bio-resorbable. Based on the application, the market is classified into dental, orthopedic, and others. Dental is estimated to hold a potential share in the market. There is an emerging inclination towards the bioceramics applications in dental and medical fields. In the field of bone tissue engineering, bioceramics have been applied as the composition of artificial joints, bone implants, and bone surrogates. It has a structural function as tissue or joint replacement and can be utilized as coatings which aim to increase the biocompatibility of metal implants.
Geographically, the North America bioceramics market is driven by the rising orthopedic disorders and potential awareness regarding dental conditions in the region. In addition, the US is the leader in the medical device industry coupled with the presence of some crucial players such as Johnson & Johnson, Medtronic, and Zimmer Biomet in the region. These companies are highly engaged in the development of medical implants and artificial heart valves. This leads to an emerging demand for bioceramics in these medical implants owing to its anticorrosive, biocompatible, and excellent mechanical properties.
Some key players in the market include Morgan Advanced Materials plc, NGK Spark Plug Co., Ltd., CeramTec GmbH, CoorsTek, Inc., and Kyocera Corp. The market players are focusing on gaining potential market share by adopting strategies including mergers & acquisitions, geographical expansion, product launches, and partnerships and collaborations. For instance, in June 2020, Admatec launched bioresorbable ceramics from CAM Bioceramics on the Admaflex 3D printing systems. CAM Bioceramics is a provider of medical-grade ceramic materials. CAM is supporting Admatec to allow printing medically approved ceramic material on the Admaflex 3D printing systems, which is creating opportunities for the dental and medical sectors.
The market study of the global bioceramics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
Secondary Sources Include:
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
1. Global Bioceramics Market Research and Analysis by Product Type
2. Global Bioceramics Market Research and Analysis by Application
The Report Covers:
Comprehensive research methodology of the global bioceramics market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global bioceramics market.
Insights about market determinants, which are stimulating the global bioceramics market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.