Bioceramics Market Growth and Forecast, 2014 - 2025 : Million Insights

Bioceramics are the ceramic materials mainly developed for use as dental and medical implants. They are primarily used to replace hard tissue in the body such as teeth and bone. Exclusively used bioceramics are hydroxyapatite, alumina, and zirconia. The hydroxyapatite is a form of calcium phosphate. The bioceramics market is estimated to grow at a significant CAGR of 6.2% over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of bioceramics market are growth in aging population leading to rise in ortho-biological and spinal surgeries, rising demand from biocompatible materials, and growing usage in the dental care sector and replacing diseased heart tissues of the body. However, strict regulatory and clinical processes may restrain overall market growth in the years to come. Bioceramics industry is segmented based on type, material, application, and region.

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Bio-resorbable, bio-inert, and bioactive are the types that could be explored in bioceramics in the forecast period. The bio-inert ceramics cause an initial “fibrous tissue” reaction that coats the ceramic. Zirconia and alumina are the bio-inert ceramics. Carbon, aluminum oxide, glass, zirconia, calcium sulfate, and calcium phosphate are the materials used that could be explored in the forecast period. Zirconia sector is estimated to grow at the highest CAGR in the years to come as rising diffusion of zirconia-based restorations in dental care and growth in the technological enhancement and product development.

The market could be categorized based on applications like dental, orthopedics, bio-medical, and others that could be explored in the forecast period. The orthopedic sector accounted for the substantial market share of bioceramics and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising usage to reduce wear and inflammatory response, the rise in surgeries like hip, shoulder, and knee implants, and increasing aging population with diseases like osteoarthritis.

Globally, Europe accounted for the substantial market share of bioceramics and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising demand from the dental application in Germany, France, England, and Italy and the growing occurrence of lifestyle correlated chronic diseases. Germany is a major consumer of bioceramics in this region. The reason could be increasing demand from the orthopedic and dental sector.

North America and the Asia Pacific are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of bioceramics in this region.

The key players of bioceramics market are Sagemax Bioceramics, Carborundum Universal, Royal DSM, CeramTec, Morgan Advanced Materials, CamBioceramics, JYOTI CERAMIC, Doceram Medical, and Institut Straumann. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.