IMARC Group’s report titled “Bioceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global bioceramics market size reached US$ 16.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.
Bioceramics are specialized materials designed for medical and dental applications due to their biocompatibility with living tissue. They are non-toxic and elicit a minimal inflammatory response when in contact with tissues. They have a long lifespan and do not degrade easily in the body. They can be tailored for specific medical applications. They possess high mechanical strength and hardness and enhance tissue regeneration and bonding with the natural structures of the body. They are widely used in joint replacements, bone grafts, and spinal fusion. Besides this, some bioceramics are utilized to deliver drugs at specific sites in the body.
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Bioceramics Market Trends and Drivers:
The increasing global elderly population, which is highly susceptible to bone and joint disorders and dental problems, represents one of the key factors positively influencing the market. Along with this, the rising preferences for bioceramic materials over metallic implants due to growing concerns related to metal allergies and the long-term effects of metal ion release in the body are offering a favorable market outlook. Apart from this, continuous innovations in material science are leading to the development of bioceramics that can bond directly to bone. Moreover, researchers are currently exploring the potential of bioceramics in drug delivery systems, where they can serve as carriers for sustained and targeted drug release. Besides this, the escalating demand for bioceramic dental implants and crowns is strengthening the growth of the market. Bioceramic implants blend seamlessly with the natural tooth color, making them a preferred choice for many seeking dental restoration. In addition, the governing authorities of various countries are expediting the approval process for medical devices and implants that utilize these materials, which is creating a positive outlook for the market. Furthermore, increasing strategic alliances, mergers, and collaborations between bioceramic manufacturers, research institutions, and healthcare providers are resulting in optimized supply chains, shared research insights, and expanded product offerings, driving market expansion.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Material:
- Alumina
- Zirconia
- Others
Breakup by Biocompatibility:
- Bio-inert
- Bio-active
- Bio-resorbable
Breakup by Application:
- Dental Care
- Orthopedics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- CAM Bioceramics B.V.
- Carborundum Universal Limited (Murugappa Group)
- CeramTec GmbH
- CoorsTek Inc.
- Dentsply Sirona
- Koninklijke DSM N.V.
- Straumann and Stryker Corporation.
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