Medical Ceramics Market - Insights
Medical ceramics are products that aid in repairing or replace musculoskeletal hard connective tissues. These are primarily used in dental and orthopedic applications, mainly as implants or replacements. For load-bearing hip prostheses, the ceramic used is of high-purity, high-density, and fine-grained polycrystalline alumina. Other bioceramic implants can also serve as porous media to support the ingrowth of new bone tissue such as materials that bioreact with bone, or as scaffolds that are completely resorbed after establishing a template for tissue growth. Rising cases of joint related diseases and dental problems have led to the introduction of new technologies and methods by medical device manufacturers and other intermediaries. In 2016, Glidewell Laboratories launched a new line of dental bone grafting products under the brand name Newport Biologics. This is expected to fuel adoption of medical ceramics over the forecast period.
The global medical ceramics market is estimated to be valued at US$ 3,835.7 million in 2017 and is expected to witness a CAGR of 6.1% over the forecast period (2017–2025).
Figure 1. Global Medical Ceramics Market Value (US$ Mn), by Region, 2017
Rise in surgical procedures related to orthopedic and dental implants is expected to augment the market growth
Rising number of medical procedures involving dental implants, orthopedic implants, and others is one of the major factors driving growth of this market. According to the European Commission, 2015, around 800,000 hip procedures were carried out every year in Europe, costing around US$ 1.5 billion. The market growth is also driven by development of novel product varieties with higher mechanical strengths and flexibility. Due to their excellent frictional properties, technical ceramics are gaining popularity in endo-prosthetics. Increasing trauma cases due to falls and road accidents, requires medical intervention (orthopedics), thus, augmenting the need for medical ceramics products. In 2012, according to the National Institute of Health, knee is the most commonly injured joint by adolescent athletes with an estimated 2.5 million sports-related injuries presenting to emergency departments, annually in the U.S. This number is expected to increase significantly over the forecast period.
Manufacturers are focusing on developing new ceramics to be used in various medical applications. For instance, in March 2017, CeramTec launched its newly developed dental ceramic, Zirconium Oxide Bright, at International Dental Show (IDS) in Cologne, Germany. The material combines high translucency and high strength and is suitable for all dental prostheses treatments.
North America market accounted for the largest market share, followed by Europe in 2016. This is owing to high usage of implantable medical devices, furthermore, rise in number of osteoporotic fractures in the U.S. and presence of relatively large number of medical device manufacturers in this region is expected to be a factor for growth of the medical ceramics market in this region. For instance, according to the National Osteoporosis Foundation (NOF), over 1.3 million osteoporotic fractures occur each year in the U.S. The market in Asia Pacific and Latin America is also expected to witness substantial growth. This is owing to rise in medical tourism for dental and orthopedic procedures. According to the study by Far International, 2016, the knee replacement surgery costs around US$ 40,000, whereas the costs in Colombia is only US$ 15,000.
Some of the key players in medical ceramics market are CoorsTek Medical, H.C. Starck GmbH, Tosoh Corporation, Noritake Co., Ltd., 3M ESPE, Morgan Advanced Materials plc, Ceramtec, Pl Ceramic GmbH, Lithoz, and Kyocera Corporation.
Ceramic Materials are the combination of thermal and physical qualities which are used for various medical applications for the repair and reconstruction of human body parts. This employed majorly in dental and orthopedic applications, mainly as implants or replacements. The inherent brittleness of traditional ceramics has limited their ability to compete with ductile metals and polymers for technical applications. However, over the last 100 years innovative techniques in the fabrication of ceramics have led to their use as high-tech materials. Inert bioceramic, such as ZrO2 and Al2O3, have inherently low levels of reactivity compared with other materials such as polymers and metals as well as surface reactive or resorbable ceramics and they are expected to be non-toxic, non-allergenic, and non-carcinogenic for a life-time in a human bod. This led to the early adoption of the most recent generation of instruments using an established technology in the hospitals.
The global incidence of osteoarthritis is expected to escalate which in turn increasing demand for medical ceramics implants as Osteoporosis is characterized by low bone mineral density (BMD) and deterioration of bone tissues, leading to increased risk of developing traumatic bone fractures. According to the World Health Organization (WHO), 2013, around 28.2% of the global population above 60 years of age, suffered from osteoarthritis with an estimated 80% recorded with mobility handicaps. Moreover, Growth in applications of medical ceramics for inartificial total hip, knee, shoulder, elbow, wrist bone plates, screws, wires intramedullary nails, spinal fusion alveolar bone replacements, mandibular reconstruction and tooth replacement implants has opened new growth avenues for medical ceramics market. However, although medical ceramics are known to be nontoxic, there are cases where very small traces of radioelements are found even in the ceramics that are fully refined and can have devastating effects on organs and tissues, this could hamper the growth of the market during the forecast future.
This report segments the global medical ceramics market on the basis of material and application. On the basis of material, the market is classified into bio-inert, bio-active, bio-resorbable and piezo ceramics. Bio-inert segment is further sub-divided into Aluminum Oxide, Zirconia, Carbon and bio-active sub-divided into Hydroxyapatite (HAP), Glass and Bioglass, zirconia alumina composite. Applications of medical ceramics include surgical implants, medical tools and devices and prosthetics. Surgical implants further sub-divided into dental implants, orthopedic implants and other implants.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.
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*Browse 23 market data tables and 28 figures on "Medical Ceramics Market - Global forecast to 2025”.
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