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Pharmaceutical

Bioceramics Market will Reach Revenues Worth US$ 23 Billion by 2031

According to the bioceramics market insights gathered by Fact.MR, the global market was valued at over US$ 14 Bn in 2020, and is projected to expand 1.5X over the decade to be valued at US$ 23 Bn by 2031. Amedica Corporation, CeramTec GmbH, CoorsTek Medical LLC and DePuy Synthes are identified as some prominent manufacturers of bioceramics, as per industry analysis.

The latest industry analysis and survey on Bioceramics Market provides sales outlook in 20+ countries, across key categories. Insights and outlook on Bioceramics market drivers, trends, and influencing factors are also included in the study.

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Key Segments

  • Application

    • Bioceramics for Orthopedic Implants
    • Bioceramics for Dental Implants
    • Bioceramics for Implantable Electronic Devices
    • Bioceramics for Other Applications
  • Material

    • Alumina Bioceramics
    • Zirconia Bioceramics
    • Carbon Bioceramics
    • Other Material Bioceramics

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Key Parameters analyzed while estimating the Bioceramics market include:

  • To analyze Drugs/ Therapeutic Area in Bioceramics :

Overall Population by age group/Prevalence or Incidence of any disease/Treatment Seeking Rate/Dosage pattern/Average duration of treatment/Overall treatment cost and Reimbursement are considered.

  • To analyze Consumables of Bioceramics:

Overall Population/Prevalence or Incidence of disease/treatment seeking rate/ average duration of the treatment/average number of devices used per patient / average number of procedure per device/ average selling price per device/reimbursement are considered.

  • To analyze Bioceramics Equipment:

Number of Healthcare facilities (Hospitals/Ambulatory Surgical Centers/Clinics etc.)

Average number of devices installed per facilities/ lifespan of the devices/replacement rate of the equipment/new sales of the equipment per year/average selling price per equipment are considered.

Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Bioceramics Market that are developing the current market scenario and which will be lucrative for the future demand of Bioceramics Market.

Crucial insights in Bioceramics market research report:

  • Underlying macro- and microeconomic factors impacting the Sales of Bioceramics market.
  • Basic overview of the Bioceramics, including market definition, classification, and applications.
  • Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
  • Adoption trend and supply side analysis of Bioceramics across various industries.
  • Important regions and countries offering lucrative opportunities to market stakeholders.

The Demand of Bioceramics Market study includes the current market scenario on the global platform and also Sales of Bioceramics Market development during the forecast period.

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Key Question answered in the Survey of Bioceramics market Report By Fact.MR

  • Bioceramics Company & brand share analysis: Company and brand share analysis on Bioceramics Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Bioceramics Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Bioceramics .
  • Bioceramics Category & segment level analysis: Fact.MR’s Bioceramics market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Bioceramics market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Bioceramics market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior

 

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Competitive Landscape

The global market for bioceramics is characterized by the presence of limited manufacturers, offering specialized product offerings for multiple end users. Players are largely involved in forging collaborations and acquisitions, among other expansion strategies, to leverage existing growth prospects.

  • In October 2020, Amedica Corporation secured a patent from the U.S Patent & Trademark Office for articulating intervertebral devices, related tools, systems and methods to address challenges associated with traditional transforaminal lumbar interbody fusion (TLIF) procedures.
  • In April 2021, CoorsTek announced an additional expansion of its manufacturing footprint in Benton, Arkansas, so as to support the evolution and innovation in key domains, including bioceramics.
  • In June 2021, Morgan Advanced Materials Plc. was awarded with the AAA rating for its sustainability achievements and initiatives by MSCI, as the company accelerates its environmental, social and governance (ESG) credentials program, including manufacturing bioceramics.

Browse More Reports by Fact.MR : –https://www.biospace.com/article/rising-demand-for-blood-thawing-systems-from-blood-banks-and-hospitals-augmenting-market-growth-fact-mr/

About Fact.MR:

 

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Categories
Pharmaceutical

Bioceramics Market to See Huge Growth by 2031 | Companies Amedica Corporation, Cam Bioceramics BV, CeramTec GmbH, Morgan Advanced Materials Plc.

Fact.MR’s bioceramics market report forecasts strong expansion, expecting an incline of over 7% CAGR across the 2021-2031 assessment period. As per the report, the market is poised to be valued at above US$ 23 Bn by 2031. Growth is majorly fueled by extensive application across the orthopedic and dental implants segments.

Historically, sales of bioceramics grew by approximately 6% in value CAGR from 2016 to 2020, closing in at above US$ 14 Bn by the end of 2020. As the COVID-19 pandemic unfolded, recessionary pressures were experienced, attributed to postponement of elective procedures, including dental and orthopedic implant surgeries.

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As per the World Health Organization, dental caries prevalence is a major public health concern globally. Since the past half-decade, dental caries ranked first for permanent tooth decay, comprising 2.3 billion people, and 12th for deciduous teeth, equivalent to 560 million children. Hence, patients are undergoing numerous teeth implant surgeries, which is stimulating demand for dental crowns, bridges, bristles and dentures.

Likewise, an estimated 10-15% of adults aged above 60 suffer from varying degrees of osteoarthritis and other bone-related ailments, for which implant surgeries are on the incline. Hence, demand for bioceramics is showing sufficient promise.

Key Takeaways from Market Study
  • By material, carbon bioceramics to expand at over 7% CAGR through 2031
  • Alumina bioceramics likely to be valued at over US$ 11 Bn by 2031-end
  • By application, demand likely to remain high for dental implants, generating over 2 out of 5 sales
  • Orthopedic applications to acquire traction, expanding at around 6% CAGR until 2031
  • U.S. sales of bioceramics were valued at above US$ 4 Bn in 2020, mostly for orthopedic implants
  • Cutting-edge surgical innovations pushing bioceramics sales across China at over 6% CAGR
  • India, Australia, and South Korea to collectively reach nearly US$ 3 Bn by 2031

“Inclining preference for lightweight, flexible, and comfort-enhancing biomedical implants is prompting healthcare providers to incorporate bioceramics within their surgical procedures, catalyzing market growth,” says a Fact.MR analyst. 

bioceramics market

Competitive Landscape

Presence of handful of manufacturers renders the bioceramics landscape fairly consolidated in nature. Prominent players include Amedica Corporation, Cam Bioceramics BV, CeramTec GmbH, Saint-Gobain, CoorsTek Medical LLC, DePuy Synthes, and Royal DSM NV, to name a few.

  • In June 2020, Cam Bioceramics BV announced that its medical grade ceramic materials would be deployed by Admatec in its Admaflex DLP 3D printing systems, which includes a newly available hydroxyapatite slurry material.
  • In January 2021, DOCERAM Medical Ceramics (Nacera) introduced a new product catalogue, which includes a new range of zirconia products such as the Nacera® Blanks which are used for producing fixed dentures, including single crowns and bridges measuring up to 16 inches.

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More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the bioceramics market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of application (orthopedic implants, dental implants, implantable electronic devices and other applications), and material (alumina, zirconia, carbon and other materials) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa).

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Research Insight: https://www.factmr.com/report/bioceramics-market
Press Release: https://www.factmr.com/media-release/2050/global-bioceramics-market

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