MEDICAL CERAMICS MARKET ANALYSIS

Market Challenges And Opportunities

Global Medical Ceramics Market: Restraint

The major factors that hinder growth of the global medical ceramics market include radioelements found in ceramics showing devastating effects on organs and tissues like organ failure, tissue tearing, Bursitis, Sprains in tissue. Although medical ceramics are known to be nontoxic, there have been cases where very small traces of radioelements were found even in the ceramics that were fully refined and had devastating effects on organs and tissues.

Rise in surgical procedures related to orthopedic and dental implants is expected to augment 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. For instance, in December 2021, according to data published by National Center for Biotechnology Information, knee is the most commonly injured joint by adolescent athletes with an estimated 754,000 procedures of Knee Arthroplasty (Replacement) surgeries carried out in 2021 all over the world. Moreover, in July 2021 according to European Commission 450,000 procedures for Hip Arthroplasty (Replacement) were carried out in 2019 globally. Due to their excellent frictional properties on the order of 0.5 to 1.0, 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 like dental screws and bridges, Valves, Femoral head implants for hip replacement.

Development of novel product varieties with higher mechanical strengths and flexibility is expected to drive market growth during the forecast period.

Development of novel products varieties with higher mechanical strengths and flexibility is expected to drive the global medical ceramics market. For instance, on June 14, 2022, CeramTec GmbH, a company that manufactures and develops advanced ceramic components, Germany-based Company, received U.S. Food & Drug Administration (FDA) approval for designing Ceram Tec’s novel ceramic total knee replacement device.

Global Medical Ceramics Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.

COVID-19 has affect the economy in three main ways: by directly affecting production and demand of medical ceramics, by creating disruptions in distribution channels of medical ceramics, and. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to transportation of medical ceramics from one place to another.

However, the COVID-19 pandemic had a negative impact on the global medical ceramics market, owing to less number of surgeries carried out related to orthopedic and dental implantation. For instance, in November 2021, according to data published by PubMed, hospitals experienced rapid overcrowding by COVID-19 patients, several orthopedic surgeons were called upon to care for the Covid-19 patients. Coinciding with this significant shift in clinical role were the cancellations of elective surgery cases as well as the postponement of interventional orthopedic procedures and surgeries. Reasons for such cancellations are two-fold: to decrease patient and provider exposure to COVID-19, and conserving personal protective equipment and other valuable resources.