- 170 Pages Market Research Survey by Fact.MR, A Market Research and Competitive Intelligence Provider, Highlights Key Factors Driving the Growth of Bioceramics Market Over the Forecast Period 2021-2031
- The bioceramics market study by Fact MR offers compelling insights into key growth drivers and restraints impacting the growth trajectory through 2031. The survey offers bioceramics demand outlook and studies opportunities existing in key segments, including material and application. It also highlights key strategies adopted by market players to increase bioceramics sales.
NEW YORK, July 9, 2021 /PRNewswire/ -- As per the insights by Fact.MR, the global bioceramics market is estimated to expand at a rate of 1.5X, totaling US$ 23 bn by 2031 in comparison to the valuation of US$ 14 bn registered in the year 2020. Due to the rise in prevalence of dental disorders and musculoskeletal conditions, the market for bioceramics is likely to exhibit growth at a CAGR of 7% over the forecast period 2021 to 2031.
Increasing incidence of oral disorders such as dental caries, oral cancer, periodontal (gum) disease, and oro-dental trauma, among others, is a primal aspect driving the market growth. According to a study by the World Health Organization (WHO), in 2017, around 3.5 billion people are suffering from oral diseases across the globe, with 2.3 billion people having caries of permanent teeth.
The advent of highly advanced dental implant solutions such as bridges, dental crowns, dentures, and bristles is intended to prevent teeth loss amongst patients suffering from such disorders. As a result the number of teeth implant surgeries conducted in a year has considerably increased, in turn, stimulating demand for bioceramics.
The market for bioceramics in North America is expected to demonstrate rapid growth, owing to high demand for carbon bioceramics across the region. As per the American Ceramic Society, bioceramics applications have grown across tissue engineering, orthopedics, and dentistry. This is making the region a center point for market expansion.
"With competition gradually soaring, market players are focusing on specialized product offerings. There is high emphasis on getting patent rights and certifications from international organizations. In order to expand their expertise, some of the companies are focusing on strategic partnerships," says the Fact.MR analyst.
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Besides focus on expanding their product portfolio, bioceramics market players are focusing on partnerships and mergers and acquisitions to strengthen their footprint amid competition. For instance:
In April 2021, CoorsTek, a U.S. based company, expanded its manufacturing facility in Benton, Arkansas, to support the innovation and evolution in key domains, including bioceramics.
In January 2021, DOCERAM Medical Ceramics, a Germany based company announced introducing it new product catalogue, that included wide range of zirconia products such as the Nacera®.
Some of the prominent market players operating in the bioceramics market profiled by Fact.MR are:
Cam Bioceramics BV
Compagnie de Saint-Gobain
CoorsTek Medical LLC
DOCERAM Medical Ceramics GmbH
H.C. Starck GmbH
Morgan Advanced Materials Plc.
Royal DSM NV
More Valuable Insights on BioceramicsMarket
Fact.MR, in its new report, offers an unbiased analysis of the global bioceramics market, analyzing forecast statistics through 2019 and beyond. The survey reveals growth projections on in bioceramics market with detailed segmentation:
Key Questions Covered in the BioceramicsMarket Report
The market survey also highlights projected sales growth for bioceramics market between 2021 and 2031
The report offers insight into bioceramics demand outlook for forecast period 2021-2031
Bioceramics market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
Bioceramics market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
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