Bioceramics
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Global Bioceramics Market
is expected to reach USD 19.05 billion by 2022. Bioceramics are the ceramic
materials mainly developed for use as dental and medical implants. They are
primarily used to replace hard tissue in the body such as teeth and bone.
Exclusively used bioceramics are hydroxyapatite, alumina, and zirconia. The
hydroxyapatite is a form of calcium phosphate. The bioceramics market is
estimated to grow at a significant CAGR of 6.2% over the forecast period as the
scope and its applications are rising enormously across the globe.
The factors that are
playing a major role in the growth of bioceramics market are growth in aging
population leading to rise in ortho-biological and spinal surgeries, rising
demand from biocompatible materials, and growing usage in the dental care
sector and replacing diseased heart tissues of the body. However, strict regulatory
and clinical processes may restrain overall market growth in the years to come.
Bioceramics industry is segmented based on type, material, application, and
region.
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Bio-resorbable, bio-inert,
and bioactive are the types that could be explored in bioceramics in the
forecast period. The bio-inert ceramics cause an initial “fibrous tissue”
reaction that coats the ceramic. Zirconia and alumina are the bio-inert
ceramics.
Carbon, aluminum oxide,
glass, zirconia, calcium sulfate, and calcium phosphate are the materials used
that could be explored in the forecast period. Zirconia sector is estimated to
grow at the highest CAGR in the years to come as rising diffusion of
zirconia-based restorations in dental care and growth in the technological
enhancement and product development.
The market could be
categorized based on applications like dental, orthopedics, bio-medical, and
others that could be explored in the forecast period. The orthopedic sector
accounted for the substantial market share of bioceramics and is estimated to
lead the overall market in the years to come. The reason behind the overall
market growth could be rising usage to reduce wear and inflammatory response,
the rise in surgeries like hip, shoulder, and knee implants, and increasing
aging population with diseases like osteoarthritis.
Globally, Europe accounted
for the substantial market share of bioceramics and is estimated to lead the
overall market in the years to come. The reason behind the overall market
growth could be rising demand from the dental application in Germany, France,
England, and Italy and the growing occurrence of lifestyle correlated chronic
diseases. Germany is a major consumer of bioceramics in this region. The reason
could be increasing demand from the orthopedic and dental sector.
North America and the Asia
Pacific are also estimated to have a positive influence on the future growth.
North America is the second largest region with significant market share.
However, Asia Pacific is estimated to grow at the highest CAGR in the forecast
period. The developing countries like India and China are the major consumers
of bioceramics in this region.
The key players of
bioceramics market are Sagemax Bioceramics, Carborundum Universal, Royal DSM,
CeramTec, Morgan Advanced Materials, CamBioceramics, JYOTI CERAMIC, Doceram
Medical, and Institut Straumann. These players are concentrating on inorganic
growth to sustain themselves amidst fierce competition.
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