Medical ceramics are materials used in the medical industry for a range of human contact and non-contact purposes. They are widely used in different medical tools and devices. Manufacturers are manufacturing various ceramic medical devices from alumina and zirconia oxides. These medical ceramics are biocompatible in nature. Medical ceramics usually have high mechanical strength and usually non- toxic in nature. They are widely used in applications such as pressure sensors, valves, filler, hand tools, dental screw & bridges, femoral head implants for hip replacement, and other.
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Few of the important factors which are accelerating the demand for the Medical Ceramics Market are:
- Rising problem of hip and joint problems in the geriatric population: Large number of population today have hip and joint problems. These pains are common in geriatric population as it is considered as part of the aging. But it is important to treat this pain on time as it can turn into chronic and will affect the quality of life. Some of the common types of aches which affect the older people are nerve pain, joint pain, inflammation in hips & fingers, lower back pain, and other. The other factor which might be creating this pain in their body is bone spurs, degenerative disc disease, and arthritis.
- Advancement in the plastic surgeries: Plastic surgery is a branch of medicine that involves rebuilding, reconstructing or changing the human body. Today there is development and advancement in the plastic surgery has totally transformed the reconstructive procedures. With a greater awareness of the supply of blood to the skin, fascia, muscle, and bone, the new, inventive use of multiple tissue flaps continuously replaces many conventional reconstructive procedures. This advancement is enhancing the field of surgery as well.
Medical ceramics market is segmented on basis of material, application, end users and geography.Based on material, the global medical ceramics market is segmented into bioinert ceramics, bioactive, bioresorbable, piezoceramics. Bioinert is further sub segmented into zirconia, alumina and other bioinert ceramics. Bioactive is further segmented into hydroxyapatite and glass ceramics. The application segment is categorized into dental, orthopaedic, cardiovascular, surgical, diagnostic, plastic and other applications. Dental applications are further segmented into dental implants, dental crowns & bridges, braces, inlays & onlays, dental bone grafts & substitutes. Orthopaedic applications are further sub segmented into joint replacement, fracture fixation and orthobiologics. Joint replacement is further segmented into knee replacement, hip replacement, shoulder replacement and others. Plastic surgery is further sub segmented into maxillofacial reconstruction, oculo-orbital surgery and dermal fillers. The global medical ceramics market is segmented on the basis of end- users as hospitals, pharmaceutical and biotechnology companies, research and academic institutes, community healthcare, and other end users.
Many companies are making many launches and acquisition in the market which will help them to enhance their market position and accelerate their market reach. Some of the recent developments in the market are:
- In June 2019, KYOCERA Corporation announced the acquisition of advanced ceramics business from Friatec GmbH. This acquisition will be very beneficial for the company as it will help them to enhance their market position and will further expand their ceramic business. It will also strengthen their ability to develop and produce fast delivery times for prototypes.
- In February 2019, Kyocera Fineceramics GmbH announced the acquisition of H.C. Starck Ceramics GmbH. This acquisition will help the company to enhance their fine ceramic business and will also provide them efficient production equipment and advanced technologies which will help them to serve better products and solutions to their customer worldwide.
According to Data Bridge Market Research, Global Medical Ceramics Market is set to reach USD 23.10 Billion by 2025, at a CAGR of 6.1% during the forecast period of 2018 to 2025.
Few of the major players in the medical ceramics market are Advanced Ceramics Manufacturing., Medical Devices Business Services, Inc, Morgan Advanced Materials, Nobel Biocare Services AG., H.C. Starck GmbH, KYOCERA Corporation, Stryker, Institut Straumann AG, Zimmer Biomet, CeramTec, CoorsTek Inc., APC International, Ltd., BCE Special Ceramics GmbH, CeraRoot SL., BONESUPPORT AB, INNOVNANO, Globus Medical, Glidewell Laboratories, FRIATEC GmbH, DENTIUM, 3M, among other.
Increasing research activities for the novel medical ceramics will accelerate the demand for medical ceramics. Rising number of hip and knee replacement procedures will also enhance the market growth. Improvement in the healthcare industry and increasing popularity of implantable devices will also drive the market growth. Increasing demand for minimally invasive procedures and increasing cases of cardiovascular, orthopedic and dental diseases will also create new opportunities for the medical ceramics market in the forecast period of 2018-2025.
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