Dublin, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The "Bioceramics Market Insights by Material, Biocompatibility, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global bioceramics market size reached US$ 18 billion in 2023. Looking forward, the market is projected to reach US$ 30.9 billion by 2032, exhibiting a growth rate (CAGR) of 6.19% during 2023-2032.
The competitive landscape of the industry has been examined along with the profiles of key players; CAM Bioceramics B.V., Carborundum Universal Limited (Murugappa Group), CeramTec GmbH, CoorsTek Inc., Dentsply Sirona, Koninklijke DSM N.V., Straumann and Stryker Corporation.
The escalating requirement for biocompatible materials to increase acceptance by the patients' bodies, as well as lower the occurrence of post-surgery infections is primarily driving the global bioceramics market. Moreover, the growing incidences of musculoskeletal conditions, including osteoporosis, osteoarthritis, rheumatoid arthritis, back and neck pain, etc., especially among the geriatric population, are also creating a positive outlook for the global market. Besides this, the emerging trend of early surgical intervention by doctors in case of joint replacements is fueling the utilization of knee, shoulder, and hip implants, which in turn, is propelling the market growth.
Furthermore, the changing food consumption patterns along with the lack of nutrition in diet have resulted in the increasing cases of cavity formation and deteriorated dental health. This, in turn, has led to the elevating need for crowns, bridges, and bristles, eventually contributing to the rising penetration of bioceramics in dental care. Additionally, the escalating popularity of carbon bioceramics owing to its lightweight nature, which offers convenience to patients and surgeons in terms of implant positioning, is also acting as a significant growth-inducing factor. Apart from this, the introduction of new advanced materials, including zirconia toughened alumina and calcium phosphate coatings, is projected to cater to the growth of the global bioceramics market in the coming years.
Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global bioceramics market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on material, biocompatibility and application.
Breakup by Material:
- Alumina
- Zirconia
- Others
Breakup by Biocompatibility:
- Bio-inert
- Bio-active
- Bio-resorbable
Breakup by Application:
- Dental Care
- Orthopedics
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Key Questions Answered in This Report:
1. What was the size of the global bioceramics market in 2023?
2. What is the expected growth rate of the global bioceramics market during 2024-2032?
3. What are the key factors driving the global bioceramics market?
4. What has been the impact of COVID-19 on the global bioceramics market?
5. What is the breakup of the global bioceramics market based on the material?
6. What is the breakup of the global bioceramics market based on the application?
7. What are the key regions in the global bioceramics market?
8. Who are the key players/companies in the global bioceramics market?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 137 |
| Forecast Period | 2023-2032 |
| Estimated Market Value (USD) in 2023 | $18 Billion |
| Forecasted Market Value (USD) by 2032 | $30.9 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/sxu6xe
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