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Medical Ceramics Market by Material, by Application, and by Region - Global Forecast to 2020

Medical Ceramics Market: Global Forecast until 2020

  • January 2016
  • 129 pages
  • ID: 3577822
In this report:
Continuous innovations in the implant technologies have helped the orthopedic sector to maintain a steady growth of almost ##% over the last decade and this trend is expected to continue in the near future.
The demand for medical ceramics for other applications in North America is projected to register a CAGR of ##.##% between 2015 and 2020.
The demand for medical ceramics for diagnostic instruments application in North America is projected to register a CAGR of ##.##% between 2015 and 2020.

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"The increase implantable devices and the healthcare market in emerging countries are driving the sector for medical ceramics"

The market value for medical ceramics is projected to extend $16.30B by 2020, recording a compound annual growth rate (CAGR) of 6.40 percent from 2015 to 2020. Growing demand from the implantable devices for surgical methods is the main driver for the medical ceramics market. The overall healthcare sector is anticipated to increase with the increasing demand from different applications including surgical implants and orthopedic surgeries. With some main economies, including the U.S., India (IN), China (CN), Germany (DE), Italy (IT), and France (FR), the industry is anticipated to grow further. Dental and orthopedic implants are the main applications of medical ceramics due to growth in the industry demand from territories such as China (CN), India (IN), Indonesia (ID), and Brazil (BR). Furthermore, medical ceramics are also used in therapeutic treatment of cancer and related diseases and in dialysis due to their high bio-compatibility. Asia Pacific (APAC) is the quickest increasing market for medical ceramics.

Dental Implants, the most important application for medical ceramics

Dental implants are the biggest application of medical ceramics global. Alumina, titanium, and zirconia are the main 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 increasing significantly with the development of more advanced and specialized ceramics, as they are much more compatible and versatile than initially used bio-metals. Moreover, the dental implants application is anticipated to boost further with the rising awareness of dental care & oral hygiene, from developed to developing economies. The rise of the dental implants market is attributed to the growing urban population and growing consumer incomes all across the globe.

Asia-Pac (APAC): the quickest developing market for medical ceramics

APAC is the quickest-increasing area for the medical ceramics market, during the projected period. The important increase is due to the increasing end-use applications including dental implants, orthopedic implants, surgical & diagnostic instruments, implantable electronic devices, and others. The quickly increasing demand in end-use applications, competitive manufacturing costs, and high economic increase rate are the favorable forces for rise of medical ceramics market in this area. China (CN) and India (IN) are among the quickest-increasing economies in the globe. The factors driving the increase of the market in Asia-Pac contain Japan's increasing medical market, increasing cosmetic & plastic surgeries in India (IN), increasing number of cardiovascular diseases, rate of rising aging population in China (CN) than in other countries in Asia Pacific (APAC), increasing cases of hip & knee replacement procedures in Indonesia (ID), and growing research activities in Malaysia (MY).

This analysis has been approved through primaries managed with different market experts, globally. Those primary sources have been split into three class: by company category, description, and area.

- By Company Type- Tier 1 35.0 percent, Tier 2 45.0 percent, and Tier 3 20.0 percent

- By Managers- 35.0 percent, Research & Consultants- 25.0 percent, and Others- 40.0 percent

- By Region- North America- 45.0 percent,Asia-pac- 30%, Europe- 20.0 percent, and RoW- 5.0 percent

The analysis also comprises company descriptions and competitive landscape approved by the main market players including CoorsTek Inc., CeramTec GmbH, Kyocera Corporation, and Morgan Advanced Materials.

Why acquiring this study can help you:

- To understand the overall, regional, and national scenarios

- To apprehend the market trends and dynamics together with main factors affecting it

- To distinguish the present and upcoming market opportunities

- To recognize the potential sectors in several areas for medical ceramics

- To track the recent developments in the medical ceramics market

- To comprehend the competitive background of the sector and positioning of participants in the sector

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