The growing healthcare
industry in emerging economies, increasing research activities in medical
ceramics for nanotechnology and electronic devices applications, and increasing
number of free trade agreements is an opportunity for the market to grow.
The overall Medical
Ceramics market was
valued at USD 12.87 Billion in 2016 and is projected to reach USD 18.45 Billion
by 2022, at a CAGR of 6.6%.
+ Market Dynamics
+ Drivers
+ Increasing Research
Activities for the Development of Novel Medical Ceramics
+ Increasing Demand for Implantable Devices
+ Growing Demand for Medical Ceramics in Plastic Surgeries and Wound Healing
Applications
+ Rising Number of Hip and Knee Replacement Procedures
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The medical ceramics market is broadly segmented into bioinert ceramics, bioactive ceramics, bioresorbable ceramics, and piezoceramics. The bioinert ceramics segment is further divided into zirconia, alumina, and others (titanium, pyrolytic carbon, and silicon nitride). In 2017, the bioinert ceramics segment is expected to account for the largest share and grow at the highest rate during the forecast period.
The market is broadly segmented into dental applications, orthopedic applications, cardiovascular applications, surgical instruments, diagnostic instruments, plastic surgery, and other applications (cancer, dialysis, drug delivery systems, and gene therapy). The dental applications segment is expected to command the largest share of the market in 2017.
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