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Medical Ceramics Market Size is anticipated to expand at a commendable rate from 2022 to 2028. Medical ceramics are finding widespread use in the production of a wide range of surgical implants. The material gives manufacturers the freedom to produce many medical appliances from the oxides of zirconia and alumina. Since the incidence of severe orthopedic ailments is growing steadily in regions that have a large percentage of the elderly population, the demand for medical ceramics among end-users is expected to surge in the coming years.
Medical ceramics or bio ceramics are also experiencing various technological advancements to enhance their performance and biocompatibility in patients. Many producers are using modern technologies while making bio ceramics to improve their safety during surgeries, thereby augmenting their demand among end-users.
On the basis of application, medical ceramics market will be widely used to make joint replacement devices. The cases of orthopedic disorders are rising at a rapid rate across the globe among the elderly population. Since there is a notable growth in joint replacement surgeries, healthcare professionals will heavily adopt medical ceramics to prepare durable implants.
Based on material, zirconia segment in the medical ceramics market will be highly demanded by end-users as the material has a wide range of beneficial characteristics, such as smooth surface, dense texture, resistance to abrasion & corrosion, high chemical stability, and great biocompatibility. Medical ceramics made with zirconia have mechanical features which resemble those of stainless steel and showcase high resistance to compression and traction, making them an ideal product among medical professionals and patients.
There are many beneficial features associated with medical ceramics, such as high porosity, great bio tolerance, and high resistance to corrosion. Since the product is highly porous, it facilitates the growth of tissues which create a highly durable connection to the implant attached. The rising cases of cardiovascular disorders in developed and developing regions due to drastic changes in the lifestyle of the population have amplified the use of medical ceramics.
Based on end-use, hospitals are projected to capture a sizeable share of medical ceramics market by 2028 as an increasing number of people are preferring to get themselves treated in hospitals. Moreover, governments across the globe are increasing their investments to help the healthcare sector grow, enabling medical professionals to buy expensive medical devices and implants. The availability of high-quality equipment and advanced technologies may cause patients to opt for hospitals to get their surgical procedures done, thereby amplifying the use of medical ceramics.
Japan is likely to hold an appreciable share of medical ceramics market by 2028 as the country is witnessing a rising need for regenerative medical care. Japan has a significant percentage of the geriatric population, which will act as a major factor in augmenting the cases of orthopedic disorders, such as arthritis, rheumatoid arthritis, and osteoporosis.
Since the nation is considered to be one of the leaders of technology and innovation across a variety of sectors, the production of medical ceramics may grow at a considerable rate to meet the rising implant needs of patients.
Well-known organizations, such as Kyocera Corporation, MorganAdvanced Materials, 3M, Institut Straumann AG, Rauschert GmbH, H.C. Stark, NGK Spark Plug, Royal DSM, Zimmer Biomet, DePuy Synthes, CoorsTek, and CeramTec, among many others are producing innovative medical ceramic implants for their clients across the globe. The firms are entering into several partnerships, mergers and acquisitions with other companies to expand their product range and increase their global footprint.
For instance, German chemical industry company, CeramTec struck an acquisition deal with Switzerland-based Dentalpoint AG to diversify and expand its range of products in the high-performance ceramics field. The deal will not only help CeramTec make significant contributions to the production of metal-free dental implants, but also amplify its product and service portfolio in a variety of medical technology applications.
The COVID-19 pandemic had a slightly negative impact on the production of medical ceramics as manufacturers faced shortage of the required raw materials. Moreover, with the international borders being sealed off to contain the spread of the virus, the import-export and other supply chain activities almost came to a complete halt. However, as the situation is gradually yet consistently improving, the demand for medical ceramics is expected to rise at a substantial rate.
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