A comprehensive report on the medical ceramics market is essential for evaluating the prospects of this growing industry. This study analyzes the various market drivers and restraints and provides an accurate forecast of the industry size. The research also highlights the key opportunities for this industry. Here are some of them. All these factors are significant for the medical ceramics market. Read the report to know more about these factors. Also, discover the latest trends and developments in the medical ceramics industry.
Increasing awareness about the benefits of medical ceramics is driving the growth of the market. Recent studies have shown that the increasing geriatric population is a major driving factor. This trend is expected to result in an increased demand for medical ceramics, which are used in dental implants, orthopedic implants, and heart valves. Furthermore, the increasing prevalence of chronic diseases such as diabetes, cardiovascular disease, and arthritis are further driving the need for medical ceramics.
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A medical ceramics market report by Coherent Market Insights offers a comprehensive market analysis of the industry. The report focuses on the global and regional market sizes and provides insights on the macro and micro level. It also includes forecasts for the major regional markets and segments. Achieving these goals will increase the overall market size and profitability. It will help you make informed decisions about your future investments in medical ceramics.
The global medical ceramics market was valued at US$ 3.83 billion in 2021 and is projected to exhibit a CAGR of 6.1% over the forecast period (2022–2028).
Approval and launch of new products is expected to propel growth of the global medical ceramics market over the forecast period. For instance, in March 2017, CeramTec launched Zirconium Oxide Bright, its newly developed dental ceramic at International Dental Show (IDS) in Cologne, Germany.
Moreover, increasing number of orthopedic and dental implant surgeries is also expected to propel growth of the global medical ceramics market over the forecast period. By age 74, 26% of adults have lost all of their permanent teeth. Therefore, the dental implants placed per year was 100,000–300,000, which approximates the numbers of artificial hip and knee joints placed per year.
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Covid-19 Impact Analysis
Globally, as of 4:14pm CET, 29 December 2021, there have been 281,808,270 confirmed cases of COVID-19, including 5,411,759 deaths, reported to WHO. As of 28 December 2021, a total of 8,687,201,202 vaccine doses have been administered.
Due to COVID-19, lockdown or shutdown was imposed in several countries globally, which had a negative impact on the economy of the private healthcare sector globally. Furthermore, healthcare providers were facing challenges, in terms of additional manpower, equipment, consumables, and other resources, which are required to ensure safety in hospitals and provide treatment to patients with other diseases, and this has impacted the market negatively. Due to nationwide lockdowns, the supply chain was badly hampered.
North America is expected to witness significant growth in the global medical ceramics market, owing to increasing number of orthopedic and dental implant surgeries in the region. For instance, 69% of adults aged 35 to 44 have lost at least one permanent tooth to an accident, gum disease, a failed root canal or tooth decay, according to American Association of Oral and Maxillofacial Surgeons, 2014.
The market growth is also driven by increasing cases of bone sarcomas. For instance, bone sarcomas account for 0.2% of all malignancies globally with the incidence rate for bone and joint malignancies to be 0.9 per 100,000 people annually, in the U.S, according to the American Society of Clinical Oncology, 2014.
Reasons to Buy this Medical Ceramics Market Report
➡ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Medical Ceramics market
➡Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Medical Ceramics market
➡Leading company profiles reveal details of key Medical Ceramics market players emerging five operations and financial performance
➡Add weight to presentations and pitches by understanding the future growth prospects of the emerging Medical Ceramics market with five year historical forecasts
➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
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Major players operating in the global medical ceramics market include, 3M ESPE, Ceramtec, CoorsTek Medical, H.C. Starck GmbH, Kyocera Corporation, Lithoz, Morgan Advanced Materials plc, Noritake Co., Ltd., Pl Ceramic GmbH, and Tosoh Corporation.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Medical Ceramics Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Medical Ceramics Industry Impact
Chapter 2 Global Medical Ceramics Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Ceramics (Volume and Value) by Type
2.3 Global Medical Ceramics (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Ceramics Sales, Consumption, Export, Import by Regions
Chapter 5 North America Medical Ceramics Market Analysis
Chapter 6 East Asia Medical Ceramics Market Analysis
Chapter 7 Europe Medical Ceramics Market Analysis
Chapter 8 South Asia Medical Ceramics Market Analysis
Chapter 9 Southeast Asia Medical Ceramics Market Analysis
Chapter 10 Middle East Medical Ceramics Market Analysis
Chapter 11 Africa Medical Ceramics Market Analysis
Chapter 12 Oceania Medical Ceramics Market Analysis
Chapter 13 South America Medical Ceramics Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Ceramics Business
Chapter 15 Global Medical Ceramics Market Forecast (2021-2028)
Chapter 16 Conclusions
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