PEEK Implants Market Size and Trends

Global PEEK implants market is expected to reach US$ 1,626.1 Mn by 2030, from US$ 914.6 Mn in 2023, at a CAGR of 8.6% during the forecast period.

Global PEEK implants market is segmented into by application, end user, and region. By application, the market is segmented into spinal implants, orthopedic implants, dental implants, and others. The spinal implants segment accounted for the largest market share in 2022 due to rising prevalence of spinal disorders.

Global PEEK Implants Market- Trends

Growing usage of PEEK composites: Reinforcing PEEK with materials like carbon fiber and hydroxyapatite is gaining traction, owing to the enhanced mechanical and biological properties offered by PEEK composites. The addition of carbon fibers improves the strength, stiffness and toughness of PEEK implants significantly. Hydroxyapatite-peek composites promote faster osseointegration and bone in-growth. These PEEK composites expand the clinical applications of PEEK for orthopedic and dental implants. Their adoption is expected to increase in the future.
Rising adoption for spinal implants: PEEK biomaterials are mostly utilized in spinal implants as it allows healthcare professionals for to visualize the bone fusion through the implant owing to its radiolucency. The spine market is a key focus area for leading PEEK manufacturers. For instance, in October 2021, NuVasive, Inc., one of the leader in spine technology innovation, announced the launch of the Cohere TLIF-O implant and the upcoming launch of the Cohere TLIF-A implant in the fourth quarter of 2021. Owing to these advancements to its Advanced Materials Science (AMS) portfolio, NuVasive is the only company that offers both porous PEEK and porous titanium implants for posterior spine surgery.