Medical Ceramics Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI3649
Medical Ceramics Market size is projected to experience significant growth from 2019 to 2025.
The growing demand for implantable devices and the increasing adoption of medical ceramics in wound healing and plastic surgery will drive the medical ceramics market over the forecast period. The hospital segment contributed to a large percentage of the medical ceramics market owing to a high budget of hospitals in comparison to ambulatory surgical centers and other such settings.
With technological advancements in medical ceramics for electronic device application and nanotechnology, the demand for medical ceramics will rise. The growing awareness for dental care, rising prevalence of cardiovascular disorders and rising older population are driving the growth for the market. Such factors will boost the medical ceramics market in forthcoming years.
The increasing acceptance of medical ceramics by regulatory bodies for use in hospitals and other healthcare facilities in developing as well as developed economies will drive the market growth. Rising number of government initiatives for better reimbursement policies across the globe will subsequently increase the demand for medical ceramics during the forecast period. Moreover, technological developments pertaining to advancements in medical ceramics is a major factor that will drive the market growth.
The global medical ceramics market was dominated by the U.S. in 2018 owing to the presence of highly developed healthcare infrastructure, technological advancements, and the presence of dominant market players in the region. Furthermore, huge healthcare expenditure will fuel market growth.
Japan is expected to witness significant growth in the medical ceramics market during the analysis period owing to the technological advancements, rising disposable income, and increasing developments in the healthcare infrastructure. Above mentioned factors will boost the demand for medical ceramics in the future.
Some of the key industry players in the medical ceramics market include DePuy Synthes, CoorsTek, Kyocera, Morgan Advance Material, CeramTec, NGK Spark Plug, Zimmer Biomet, Rauschert, Straumann, H.C. Stark, 3M and DSM. Key strategies adopted by market players include partnerships, mergers, strategic collaborations, and innovative product launch to expand their business product portfolio.
Medical Ceramics Market by Material, 2014-2025 (USD Million)
- Bioresorbable ceramics
Medical Ceramics Market by Application, 2014-2025 (USD Million)
- Crown and bridges
- Inlays and outlays
- Dental bone graft and substitute
- Joint replacement
- Fracture fixation
- Surgical Instrument
- Diagnostic Instrument
- Plastic Surgery
- Maxillofacial Reconstruction
- Oculo-orbital Surgery
- Dermal Fillers
Medical Ceramics Market by End-use, 2014-2025 (USD Million)
- Ambulatory surgical centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Morgan Advance Material
- NGK Spark Plug
- DePuy Synthes
- Zimmer Biomet
- H.C. Stark
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