Bioceramics Market to Reach USD 19.05 Billion, Globally, by 2022 – Hexa Reports
Aug 12, 2016
Global bioceramics market demand was USD 12.31 billion in 2014 and is expected to reach USD 19.05 billion by 2022, growing at a CAGR of 6.2% from 2015 to 2022.
Felton , United States - August 12, 2016 /MarketersMedia/ —
Global bioceramics market is expected to reach USD 19.05 billion by 2022, according to a new report by Grand View Research, Inc. Rising ageing population coupled with increasing occurrences of osteoarthritis is expected to augment market growth over the next seven years. Growing need to maintain a healthy lifestyle coupled with introduction of new low cost preventive care measures has led to the utilization of medical devices, which is expected to augment expansion of the industry.
Alumina dominated the global market, in terms of material, accounting for over 62% in 2014. Bioinertness, hardness and high abrasion resistance are some of its qualities, resulting in the extensive use of alumina implants for dental and joint applications. Growing demand for biocompatible materials to increase acceptance by the patients’ body as well as reduce the occurrence of infections post surgery is expected to augment demand for alumina over the forecast period.
Browse Detail Report With TOC @ http://www.hexareports.com/report/bioceramics-market/details
Further key findings from the report suggest:
Global bioceramics market demand was USD 12.31 billion in 2014 and is expected to reach USD 19.05 billion by 2022, growing at a CAGR of 6.2% from 2015 to 2022.
Rising ageing population in developed economies has been a major factor for positive growth over the past few years and this trend is likely to continue in the near future. Increasing trend of early surgical intervention by doctors in case of joint replacements has resulted in growing demand for knee, shoulder and hip implants. This will result in increasing penetration of bioceramics in the orthopedic sector generating revenues worth USD 7.87 billion by 2022.
Advancements in medical technology and demand for sophisticated medical services & devices are expected to augment demand for bioceramics over the forecast period. Changing food consumption patterns among younger population coupled with lack of nutrition in diet have contributed towards cavity formation and damaged tooth health. This has led to increasing demand for dental crowns, bridges, and bristles which has eventually contributed towards increasing penetration of bioceramics in dental care
Request A Sample copy of This Report @ http://www.hexareports.com/sample/98202
Europe was the largest market and is expected to witness gains at a CAGR of 5.7% from 2015 to 2022. Positive outlook towards the orthopedic sector, mainly in Germany, is expected to drive market growth.
Key industry players including CeramTec, Amedica Corporation, Zimmer Biomet Holdings, Inc, DOCERAM Medical Ceramics GmbH, Straumann, Nobel Biocare and CoorsTek Medical, LLC. These companies are investing heavily in research and development activities of bioceramics materials. Companies such as CIRTEC Medical Systems perform thermal shock testing of brazed and ceramic components which help in making robust designs. In addition, the company is also using x-ray and dye penetration technology to evaluate various ceramic components
Browse All Materials Market Research Related Reports @ http://www.hexareports.com/category/materials-market
About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
For more information, please visit http://www.hexareports.com/report/bioceramics-market/details
Contact Info:
Name: Ryan Shaw
Organization: Hexa Reports
Address: Felton Office Plaza 6265 Highway 9 Felton, California 95018
Phone: 1-800-489-3075
Release ID: 127454
More News
'I like proving people wrong': The women taking up DIY and plumbing
Female DIY experts and tradeswomen talk about their experiences of a traditionally male-dominated domain.
Huel ad banned for suggesting its products could replace all conventional food
The advertising watchdog said that viewers could assume from the ad that replacing all normal food with Huel was "nutritionally appropriate".
X2, the Troubled California Six Flags Roller Coaster, Reaches Its End
The ride at Magic Mountain near Los Angeles has fueled lawsuits claiming that it had caused brain injuries, including two that were fatal.
Paramount’s Streaming Chief Leaves Ahead of Warner Bros. Deal
Cindy Holland’s departure clears the way for Casey Bloys, the HBO chairman, to have a leading role in the combined company’s streaming services.
Mideast Oil Exports Rebound Even as Prices Remain Elevated
More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.
Tankers Are Loading Oil Again From a Vital Saudi Pipeline
Saudi authorities had taken the pipeline offline this month after it was damaged in a drone attack by an Iranian-backed Iraqi militia.
Soho House venue under investigation for food safety
A former chef contacted Hackney Council after complaining to managers at the members' club.
Burnham vows to end existing pension triple lock in 2030 to help fund care
The PM was at times emotional during his conference speech in which he outlined his long-term plan for the UK.
Oura pulls $15bn stock market listing days after announcement
The wearable technology company had been expected to list its shares in the US.
Black Voting Groups Prepare for Disinformation Campaigns in the Midterms
A new “propaganda playbook” aims to demystify common techniques used to target Black Americans, long a powerful voting bloc, with election-related disinformation.
What is the triple lock and why are people talking about it?
The triple lock guarantees that the state pension is not overtaken by inflation or wage increases.
Faisal Islam: Triple lock move is significant, but it's a gamble
I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.