Medical Ceramics Market by Material (Bio-Inert Ceramics, Bio-Active Ceramics, Bio-Resorbable Ceramics, Piezo Ceramics), by Application (Dental Implants, Orthopedic Implants, Surgical Instruments, Diagnostic Instruments, Implantable Electronic Devices and Others), and by Region - Global Forecast to 2020
"The growing implantable devices and the healthcare industry in emerging countries are driving the market for medical ceramics"
The market size for medical ceramics is projected to reach USD 16.3 billion by 2020, registering a CAGR of 6.4% between 2015 and 2020. Increasing demand from the implantable devices for surgical methods is the major driver for the medical ceramics market. The global healthcare industry is expected to rise with the growing demand from various applications such as surgical implants and orthopedic surgeries. With some major economies, such as the U.S., India, China, Germany, Italy, and France, the market is expected to grow further. Dental and orthopedic implants are the major applications of medical ceramics due to increase in the demand from countries like China, India, Indonesia, and Brazil. Moreover, medical ceramics are also used in therapeutic treatment of cancer and related diseases and in dialysis due to their high bio-compatibility. Asia-Pacific is the fastest-growing market for medical ceramics.
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Dental Implants, the largest application for medical ceramics
Dental implants are the largest application of medical ceramics worldwide. Alumina, titanium, and zirconia are the major materials used for this application. As ceramics are characterized with high mechanical strength, excellent biocompatibility, tribological properties, and dimensional stability, these are ideal materials preferred for dental implants application. The use of medical ceramics is growing significantly with the development of more advanced and specialized ceramics, as they are much more compatible and versatile than initially used bio-metals. Furthermore, the dental implants application is expected to boost further with the increasing awareness of dental care & oral hygiene, from developed to developing economies. The growth of the dental implants market is attributed to the rising urban population and increasing consumer incomes all across the globe.
Asia-Pacific: the fastest-growing market for medical ceramics
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Just Published: "Medical Ceramics Market - Global Forecast to 2020"
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Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001