Medical Ceramics Market is driven by Rising Use in Medical Implants
The Medical Ceramics Market has become an integral part of the healthcare sector due to its wide usage in medical devices and implants such as bone implants, dental implants, and surgical instruments. As opposed to oxides ceramics that are mostly used in biomedical tools, the zirconia ceramic is preferred for dental implants and crowns owing to its mechanical properties, chemical stability, and aesthetic appearance.
The Global Medical Ceramics Market is estimated to be valued at US$ 21.71 billion in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Medical Ceramics Market are CoorsTek Medical, H.C. Starck GmbH, Kyocera Corporation, Morgan Advanced Materials PLC, Murata Manufacturing Co. Ltd., NGK Spark Plug Co. Ltd., Rauschert GmbH and Tosoh Corporation. With growing demand for medical implants and equipment, key players are investing heavily in R&D to develop advanced ceramics with improved mechanical properties and biocompatibility.
The rising geriatric population suffering from orthopedic diseases and growing number of hip and knee replacement surgeries are fueling the demand for Medical Ceramics Market Insights. Furthermore, increasing investments by governments and manufacturers in the medical sector of developing nations is expanding the overall Medical Ceramics Market globally.
Advancements in material technology have allowed manufacturers to engineer ceramics with tunable mechanical properties, making them suitable for a wide range of medical applications. With growing awareness regarding aesthetics in dentistry, zirconia ceramics are increasingly replacing metals in dental crowns and bridges due to their tooth-colored appearance. Market players are actively engaging in new product development and capacity expansion to leverage opportunities in international markets.
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