The
worldwide medical ceramics market will grow from $1.1 billion in 2013
to $2.3 billion in 2018 according to a new report from industry
analysis firm NanoMarkets.
Glen
Allen, Virginia (October 28, 2013) -- The worldwide medical
ceramics market will grow from $1.1 billion in 2013 to $2.3 billion
in 2018 according to a new report from industry analysis firm
NanoMarkets.
The report, "Worldwide Medical Ceramics Markets: 2013,"
notes that ceramics are now widely used in medical and dental
applications including, hip and knee implants; crowns, bridges and
other dental implants; surgical and diagnostic tools, implantable
electronic implants, and regenerative medicine. Ceramics are an ideal
material in these applications because of their wear resistance,
inherent stability and excellent electrical properties.
Additional
details about the report are available at:
http://www.nanomarkets.net/market_reports/report/worldwide_medical_ceramics_markets_2013.
About
the Report:
This
new NanoMarkets report provides an in depth market analysis of
emerging medical and dental market opportunities for alumina,
zirconia, silicon ceramics, hydroxyapatite, bioglass, piezoceramics,
nanoceramics, and other materials. It examines the latest products,
strategies and technical developments and the hurdles that these
materials must overcome to achieve market acceptance, including the
applicable regulatory regimes in leading national and regional
markets.
This
report also includes NanoMarkets' assessments of the strategies of
leading firms active in medical and dental ceramics space. In
addition, the report contains granular forecasts of medical/dental
ceramic shipments in volume and value terms, with breakouts by
application, type of material and geographical region.
Firms
that are discussed in the report include: 3M, Advanced BioHealing,
Amedica, Biocomposites, Biointerface, Biomet 3i, Bonesupport,
CeramTec, CoorsTek, Covalent Materials, Curasan, Deltex Medical,
Dentium, Dentsply, DePuy, Eurocoating, Genzyme, Glidewell Dental Lab,
Globus Medical, Hangzhou 3B Medical Instrument, Innovnano,
Intra-Lock, Ivoclar Vivadent, Johnson & Johnson, Joint
Replacement Instrumentation, Kinetic Concepts, Kuraray, Kyocera, MOJE
Keramik-Implantate, MTC, Nobel Biocare, NobelProcera, Oral Iceberg,
Organogenesis, Precision Ferrites & Ceramics, Smith & Nephew,
Souriau, Straumann, Stryker, Synthes, Tosoh, VITA Zahnfabrik,
Yancheng Skyortho Dental Supplies, ZFX, Zimmer.
From
the report:
A
major factor currently driving the medical ceramics market is growing
skepticism with regard to the performance and long-term
biocompatibility of metallic implants. As a result NanoMarkets
believes that ceramic implants will experience considerable market
growth. By 2018, the total value of ceramics used in implants will
have reached $1.8 billion, going on to reach $2.4 billion by 2020.
Meanwhile,
NanoMarkets projects that revenues from ceramics used in regenerative
medicine will more than double to reach $356 million by 2018. Of
particular importance here is the rise of scaffold-guided tissue
engineering for which ceramics is ideal because of its
biocompatibility. NanoMarkets also believes that ceramic powders
using alumina and zirconia will be extensively used in the bone
reconstruction market.
Although
the medical ceramics business will be dominated by alumina, zirconia
and hydroxyapatite, other materials are on the rise. For example,
bioglass is expected to reach $240 million in sales by 2018, compared
with around $110 million today. The NanoMarkets report suggests
further that - among other markets -- bioglass will prove useful in
orthopedic reconstructions as part of trauma treatment and spinal
surgery. The report also expects nanoceramics to do well. In fact
many in vitro studies have shown that bone-forming cells called
osteoblasts have proliferated on substrates with nanoceramic
particles and coatings. However, there are still infection risks with
nanoceramics that have yet to be addressed.
About
NanoMarkets:
NanoMarkets
tracks and analyzes emerging markets in medicine, energy, electronics
and other area created by developments in advanced materials. The
firm is a recognized leader in industry analysis and forecasts in the
specialty chemicals industry. Visit http://www.nanomarkets.net
for a full listing of NanoMarkets' reports and other services.
Media
Contact:
Robert
Nolan
NanoMarkets,
LC
PO
BOX 3840
Glen
Allen, VA 23058
(804)
938-0030
