New NanoMarkets Report States That The Worldwide Medical Ceramics Market Will Grow from $1.1 Billion in 2013 to $2.3 Billion in 2018
Glen Allen, VA (PRWEB) 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://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.
Contact:
Robert Nolan
NanoMarkets
(804) 938-0030
rob(at)nanomarkets(dot)net
Robert Nolan, CIR, http://www.cir-inc.com, (804) 938-0030, [email protected]
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