Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 19.73 Billion | USD 34.20 Billion | 6.3% | 2023 |
According to Zion Market Research, the global Bioceramics and Piezoceramics Market was worth USD 19.73 Billion in 2023. The market is forecast to reach USD 34.20 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Bioceramics and Piezoceramics industry over the next decade.
The ceramic materials that are biocompatible are known as bioceramics; they are a subset of the biomaterials. The bioceramics are mainly used in the medical procedures. They are used as rigid materials in the surgical implants, although some of the bioceramics are flexible in nature. The bioceramics are related closely to body’s own materials or are durable metal oxides. A piezoceramic is a ceramic that converts mechanical strain into an electric charge or electrical field to mechanical strain, e.g., lead zirconate. The piezoceramics are used as actuators or sensors in the vibration suppression applications.
They are also known as piezoelectric ceramic. The materials that are used in the making bioceramics and piezoceramics are calcium phosphate and hydroxyapatite or alumina, which are mainly used in the replacement surgeries.
The medical sector is the driving factor for the bioceramics and piezoceramics market growth. In the recent years, the growing demand for the orthopedic and dental implants in various countries has boosted the market growth. The aged population is increasing which in turn has increased osteoarthritis; hence, the consumption of bioceramics has increased for the hip joint and knee implants and replacements. The bioinert ceramics are used in load-bearing body implants owing to its high strength. They are widely used in orthopedic and dental implants.
The increasing cases of dental and orthopedic implant surgeries and the need for implantable medical devices are triggering the bioceramics and piezoceramics market growth. The price instability in alumina will have a negative impact on the market. The use of medical polymers will hamper the market growth as they have properties similar to that of bioceramics.
The global bioceramics and piezoceramics market is segmented into materials, applications, and regions.
On the basis of the materials, the bioceramics and piezoceramics market is categorized into bioactive ceramics, piezoceramics, bioinert ceramics, and bioresorbable ceramics.
Based on the applications of bioceramics and piezoceramics, the global market is segregated into orthopaedic implants, diagnostic instruments, dental implants, surgical instruments, implantable electronic devices, and others.
Report Attributes | Report Details |
---|---|
Report Name | Bioceramics and Piezoceramics Market |
Market Size in 2023 | USD 19.73 Billion |
Market Forecast in 2032 | USD 34.20 Billion |
Growth Rate | CAGR of 6.3% |
Number of Pages | 110 |
Key Companies Covered | CeramTec GmbH, Morgan Advanced Materials, DePuy Synthes, Kyocera Corporation, CoorsTek Inc., Zimmer-Biomet holdings Inc., and Nobel Biocare |
Segments Covered | By Materials, By Applications And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that is dominating the bioceramics and piezoceramics market is Asia Pacific. There is the increase in the utilization of bioceramics and piezoceramics in the dental implants, surgical and diagnostic instruments, orthopaedic implants and others in the countries such as India, South Korea, China, Japan and Indonesia. The factors that are driving the market growth in this region are competitive manufacturing costs, end-use applications, and high economy. The European and North American markets are also growing owing to the above-mentioned reasons.
Some of the key players in the bioceramics and piezoceramics market are
By Materials
By Applications
Bioceramics and Piezoceramics Market: Regional Segment Analysis
FrequentlyAsked Questions
The bioceramics and piezoceramics market is globally diversified into regions such as North America, Asia-Pacific, Europe and Rest of the World.
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