The bioceramics and hydroxyapatite market is anticipated to continue to grow at a 6.9% CAGR over the course of the forecast period, with a strong long-term outlook (2022-2028). The aluminium oxide segment is anticipated to maintain its dominance and represent approximately 45% of the worldwide bioceramics and hydroxyapatite market. Due to improved characteristics including high mechanical strength and biocompatibility, hydroxyapatite, a bio-inert ceramic with these qualities, will continue to be a favoured component in the manufacturing of orthopaedic implants. Zirconia-based bioceramics are also widely utilised for dental implants, and it is anticipated that they will continue to represent a lucrative market niche in the overall bioceramics and hydroxyapatite market.
Bioceramics are also known as medical ceramics as they are mainly used as an important component in the production of dental and orthopedic implants. Bioceramics materials are mostly oxides, carbides or nitrides based. Preference for bioceramics continues to persist and they can be distinguished as biologically active, inert or resorbable depending on the material type. Aluminum oxide, zirconia, calcium phosphate (tricalcium phosphate, hydroxyapatite) and bioglass are witnessed to be some of the commonly used bioceramics across industries.
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Hydroxyapatite is a calcium phosphate bioceramic and is biologically active by nature. The natural human bone comprises 70% hydroxyapatite. Thus it has excellent biocompatibility. Hydroxyapatite also aids in the bone growth and promotes bone health. However, low mechanical strength of hydroxyapatite has constrained the application of hydroxyapatite to coat the metal implants to trick the body as the tissues will directly come in contact of bioceramics and hydroxyapatite instead of metal. Thus the implants can gain the strength of the metal and biological acceptability of bioceramics and hydroxyapatite.
Growing need for developing effective dental implants, hip, joints, and knee replacement devices are projected to fuel demand for bioceramics and hydroxyapatite over the forecast period. Production of implants per capita has further translated to an exponential market growth over the past decade.
To remain in the forefront of the competitive market, leading market players are focusing on long-term partnerships with implant manufacturers, and expanding their regional footprints in the bioceramics and hydroxyapatite market. In-depth research and development have also been conducted for developing 3-D printing and artificial bones thus expanding the application area and product offerings for bioceramics and hydroxyapatite.
Segmentation Analysis
- On the basis of material type, the aluminium oxide segment is projected to retain its dominance in the global bioceramics and hydroxyapatite market throughout the forecast period, accounting for a value share of ~45% by the end 2018.
- On the basis of type, bio-inert is expected to remain a leading segment in the global bioceramics and hydroxyapatite market, recording a CAGR of 6.8% over the forecast period. However, the bio-active segment is expected to witness higher growth rate in terms of value.
- On the basis of application, sales of the bioceramics and hydroxyapatite is likely to remain concentrated for the development of the orthopaedic implants. However, other applications such as dental implants and implantable electronic devices are projected to witness significant growth over the coming years in terms of consumption.
Vendor Insights
The report highlights some of the top companies operating in the global bioceramics and hydroxyapatite market,
- Morgan Technical Ceramics
- CeramTec
- Berkeley Advanced Biomaterials, Inc.
- Kyocera Corporation
- Cam Bio Ceramics BV
- FLUIDINOVA
- Premier Biomaterials
- Plasma Biotal Ltd.
- SofSera
- Bonesupport AB
- Nano Interface Technology
- Sigma Graft
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Global Bioceramics and Hydroxyapatite Market Segmentation
By Material Type
- Aluminium Oxide
- Zirconia
- Calcium Phosphate
- Others
By Type
- Bio-Inert
- Bio-Active
- Bio-Resorbable
By Application
- Dental Implants
- Orthopaedic Implants
- Implantable Electronic Devices
- Others
By Region
- North America
- Latin America
- Eastern Europe
- Western Europe
- SEA and Pacific
- China
- India
- Japan
- MEA
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