According to the latest reserch report ”Medical Ceramics Market by Type of Material (Bioinert (Zirconia, Alumina), Bioactive (Hydroxyapatite, Glass Ceramics), Bioresorbable, Piezoceramics), Application (Dental, Orthopedic, Cardiovascular, Plastic Surgery), and Region - Global Forecast to 2022”
The global medical ceramics market was valued at USD 12.87 Billion in 2016 and is projected to reach USD 18.45 Billion by 2022, at a CAGR of 6.6%.
The key factors driving the growth of this market are increasing research activities for the development of novel medical ceramics, growing demand for medical ceramics in plastic surgeries and wound healing applications, rising number of hip and knee replacement procedures, and increasing demand for implantable devices.
The growing healthcare industry in emerging economies, increasing research activities in medical ceramics for nanotechnology and electronic devices applications, and increasing number of free trade agreements is an opportunity for the market to grow.
Some of the key players in the medical ceramics market are CoorsTek (US), CeramTec (Germany), Kyocera (Japan), Morgan Advance Material (UK), NGK Spark Plug (Japan), DePuy Synthes (US), Know more about key industry players
Top-down and bottom-up approaches were used to validate the size of the global medical ceramics market and estimate the size of other dependent submarkets.
Various secondary sources such as associations/organisations/institutes like International Society for Ceramics in Medicine (OMICS), International Ceramic Federation (ICF), International Commission on Glass (ICG), Unified International Technical Conference on Refractories (UNITECR), American Ceramic Society, Association of American Ceramic Component Manufacturers (AACCM’s), Glass Manufacturing Industry Council (GMIC), European Ceramic Society (ECerS), German Ceramic Society (DKG), Italian Ceramic Society, French Group of Ceramics, Italian Ceramic Society, French Group of Ceramics, Southeast Asian Ceramic Society, Asian Ceramics, China Ceramic Industrial Association, China Ancient Ceramics Society, Indian Ceramic Society (InCerS), Japan Ceramic Society, Korean Ceramic Society, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market.
Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market. Read more....