Global Bioceramic Market 2018-2023 - Segmented by Material, Type, Application and Geography - CAGR to Grow at 10% - ResearchAndMarkets.com
The global bioceramic market was estimated to be valued at USD 2,591.43 million in 2017, and is expected to register a CAGR of 10.07% during the forecast period of 2018-2023. The orthopedic segment dominated the global bioceramic market, with about 41.53% share of the global market, whereas, the bio-medical segment is estimated to register the fastest CAGR through the forecast period.
The global bioceramic market is dominated by the orthopedic segment. However, the orthopedic segment is expected to register the slowest growth over the forecast period, at a CAGR of 9.93%.
The orthopedic sector is expected to witness significant growth, due to increasing surgical intervention trend for shoulder, knee, and hip implants, at an early stage. The growing aging population has led to a rising incidence of osteoarthritis, which is expected to increase the consumption of bioceramics for knee and hip joint replacements and implants. Owing to its optimistic outlook toward the orthopedic sector, primarily in Germany, Europe is the largest market for bioceramics.
Europe accounted for the highest share of about 43% of the global market, in 2017. The European segment is mainly driven by the demand for dental applications in Germany, United Kingdom, Italy, and France. An aging population and the increasing prevalence of lifestyle-related chronic diseases are expected to boost the demand for healthcare in the region, which further boosts the regional bioceramics market. North America is the fastest-growing region for bioceramics and portrays huge potential for growth in the future owing to the increasing health care spending.
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles (Overview, Financials, Products & Services, Recent Developments, and Analyst View)
- Amedica Corporation
- Berkeley Advanced Biomaterials Inc.
- Bonesupport AB
- Carborundum Universal Ltd.
- Collagen Matrix
- Dentsply Sirona
- Doceram Medical Ceramics GmbH
- Jyoti Ceramic Industries Pvt. Ltd.
- Kyocera Corporation
- Morgan Advanced Materials
- Nobel Biocare Holding AG
- Sagemax Bioceramics
- The Royal DSM Company
- Tosoh Corporation
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