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Rise in demand for implantable devices is driving medical ceramics market revenue growth

Medical Ceramics Market Size – USD 2.48 Billion in 2021, Market Growth – at a CAGR of 6.6%, Market Trends – Increase in the number of hip and knee replacement procedures”

— Emergen Research

VANCOUVER, B.C., CANADA, January 18, 2023 /EINPresswire.com/ -- According to the most recent analysis by Emergen Research, the medical ceramics market is predicted to grow at a 6.6% revenue CAGR over the forecast period, reaching a value of USD 2.48 billion in 2021. Implants, prosthetics, and other medical equipment are typically made of medical-grade ceramics. Medical ceramics can be used to replace or repair the connective tissues that support the musculoskeletal system of the human body. In medical, they can also be utilised as bone screws, dental implants, and orthopaedic implants. The market for medical ceramics is expanding significantly, largely because all-ceramic implants are becoming more widely accepted and because more people are becoming aware of its potential uses in orthopaedic and dental procedures. Increased private investment in the industry as well as rising demand for medical ceramics across a variety of applications are the main drivers of the market for medical ceramics.

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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Medical Ceramics market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Medical Ceramics market:

CeramTec, CoorsTek, DePuy Synthes, H.C. Stark, Kyocera, Morgan Advanced Materials, 3M, and Rauschert.

Some Key Highlights From the Report

The market segment with the highest revenue share in 2021 was bioinert ceramics. As a result of their high level of biocompatibility, the market is anticipated to grow. After the initial fibrous tissue response coats the ceramic and renders it bioinert, bioinert ceramics have no interaction with the environment of the body. The great ability of bioactive ceramics to support mending mechanisms is what fuels the segment's income. Bioactive ceramics are ceramics created with a special biological activity to repair injured organs. Bioactivity is the ability to directly contact living bone following implantation in bony defects when it comes to healing bone tissues.

The biggest revenue share in 2021 was accounted for by the dentistry applications segment. The segment's expansion can be linked to the increase in demand for dental restorations in the dental industry. Ceramic materials are used in dental brackets, crowns, veneers, implants, and fillings.

In 2021, the hospital segment's revenue share was the highest. The increased patient load brought on by an increase in the prevalence of joint disorders, dental problems, and a range of other ailments is a significant factor boosting this segment's market revenue. Due to hospitals' excellent medical facilities, simple access to complex surgeries and alternative financing options are also contributing to the segment's growth.

To view the detailed ToC of the global Medical Ceramics market report, visit @ https://www.emergenresearch.com/industry-report/medical-ceramics-market

Emergen Research has segmented the global medical ceramics market on the basis of type, applications end-use, and region:

Type Outlook (Revenue, USD Billion; 2019-2030)

Bioinert Ceramics

Bioactive Ceramics

Others

Application Outlook (Revenue, USD Billion; 2019-2030)

Dental Applications

Orthopedic Applications

Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Hospitals

Clinics

Specialty Centers

Others

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Medical Ceramics Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

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What Questions Should You Ask before Buying a Market Research Report?

How is the Medical Ceramics-market evolving?

What is driving and restraining the Medical Ceramics market?

How will each Medical Ceramics submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

How will the market shares for each Medical Ceramics submarket develop from 2022 to 2030?

What will be the main driver for the overall market from 2022 to 2030?

Will leading Medical Ceramics markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

Who are the leading players and what are their prospects over the forecast period?

What are the Medical Ceramics projects for these leading companies?

How will the industry evolve during the period between 2020 and 2030? What are the implications of Medical Ceramics projects taking place now and over the next 10 years?

Is there a greater need for product commercialisation to further scale the Medical Ceramics market?

Where is the Medical Ceramics-market heading and how can you ensure you are at the forefront of the market?

What are the best investment options for new product and service lines?

What are the key prospects for moving companies into a new growth path and C-suite?

Additional information offered by the report:

Along with a complete overview of the global Medical Ceramics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels. 

The report elaborates on the global Medical Ceramics market size and share governed by the major geographies.

It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

It further presents a detailed description of the company profiles of the key market contenders.

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