Medical Ceramics Market, by Material (Bio-inert (Aluminum Oxide, Zirconia, Carbon), Bio-active (Hydroxyapatite (HAP), Glass and Bioglass, zirconia alumina composite), Bio-resorbable, and Piezo Ceramics), by Application (Surgical Implants, Dental Implants, Orthopedic Implants, and Others), Medical Tools and Devices, and Prosthetics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jul 2022

Code : CMI1261

Pages :170

Formats :

Excel and PDF

Industry : Medical Devices

Medical Ceramics MarketSize and Trends

Global medical ceramics market is estimated to be valued at US$ 4,795.13 million in 2022 and is expected to exhibit a CAGR of 6.1% during the forecast period (2022-2030).

Figure 1. Global Medical Ceramics Market Share (%), by Application, 2022

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.