Global Medical Ceramics Market to Expand at 3.50% CAGR from 2012 to 2018
The growing demand for ceramics in artificial implant technology has boosted the global medical ceramics market. The report estimates the global medical ceramics market to grow at a CAGR of 3.5% during the period between 2012 and 2018. The report also calculates the estimated valuation of the overall market during the forecast period. Providing a brief overview of the medical ceramics market, the report points out the key driving factors, restraints, opportunities, and trends shaping up the market.
The report presents an in-depth study of the medical ceramics market by compiling crucial data related to the use of medical ceramics across various medical applications as well as the type of ceramic material used in the applications. The report further studies the global medical ceramics market in the key geographical segments and analyses the impact of various macro- and micro-economic factors on the medical ceramics market in these regions.
Overview of Global Medical Ceramics Market
Medical ceramics or bioceramics are preferred in the medical field due to their biocompatibility. They are used in surgical implants, prosthetics, and various medical tools and devices. Medical ceramics have been approved by various regulatory authorities such as the U.S. Food and Drug Administration (FDA).The nontoxicity and high mechanical strength of medical ceramics with minimal or no tissue reaction is expected to boost the demand from the global medical ceramics market.
Though medical ceramics are nontoxic, very small traces of radioelements can be found in even fully refined ceramics, which can have a negative impact on organs and tissues. This may hamper the growth of the global medical ceramics market in the near future. The latest products of medical ceramics are electronic implantable ceramic sensors, which are expected to open new opportunities for the overall market.
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The report studies the various types of ceramic materials used in medical applications. Zirconia, aluminum oxide ceramics, zirconia alumina, and other ceramics are commonly used as bioceramics. Zirconia displays extremely high strength and is stronger than alumina. Hence, it is used in devices that generate sufficient wear, such as femoral balls in hip replacements.
The report segments the global medical ceramics market on the basis of application areas such as dental, orthopedic, implantable electronic devices, surgical and diagnostic instruments, and other therapeutic applications. The usage of medical ceramics in dental and orthopedic applications has been extensive. Orthodontic ceramic braces are as effective as metal braces, but are nearly invisible, making it a more attractive cosmetic option for the wearer. Ceramic implants are widely used to reconstruct arthritic or fractured joints in knee, hip, and shoulder.
The report studies the global medical ceramics market in four key regions: Asia Pacific, Europe, North America, and Rest of the World.
Companies mentioned in the research report:
The report profiles the key players operating in the global medical ceramics market such as Advanced Cerametrics Inc., 3M ESPE, Advanced Ceramics Research, Inc., Advanced Monolythic Ceramics, Inc., Advanced Industrial Ceramics, APC International Ltd, and AVX Corporation. The report analyzes the market share held by each player. The financial overview, product portfolio, and business strategies of the players have been mentioned in the report.