Bioceramics and Piezoceramics Market Forecasted Double-Digit Growth Rate Through 2024

Bioceramics and Piezoceramics Market

Global Bioceramics and Piezoceramics Market: Overview

The ceramic materials that are biocompatible are known as bioceramics; they are a subset of the biomaterials. The bioceramics are mainly used in the medical procedures. They are used as rigid materials in the surgical implants, although some of the bioceramics are flexible in nature. The bioceramics are related closely to body’s own materials or are durable metal oxides. A piezoceramic is a ceramic that converts mechanical strain into an electric charge or electrical field to mechanical strain, e.g., lead zirconate. The piezoceramics are used as actuators or sensors in the vibration suppression applications. They are also known as piezoelectric ceramic. The materials that are used in the making bioceramics and piezoceramics are calcium phosphate and hydroxyapatite or alumina, which are mainly used in the replacement surgeries.

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Global Bioceramics and Piezoceramics Market: Segmentation

The global bioceramics and piezoceramics market is segmented into materials, applications, and regions. On the basis of the materials, the bioceramics and piezoceramics market is categorized into bioactive ceramics, piezoceramics, bioinert ceramics and bioresorbable ceramics. Based on the applications of the bioceramics and piezoceramics, the global market is segregated into orthopedic implants, diagnostic instruments, dental implants, surgical instruments, implantable electronic devices, and others. The bioceramics and piezoceramics market is globally diversified into regions such as North America, Asia-Pacific, Europe and Rest of the World.

Global Bioceramics and Piezoceramics Market: Growth Factors

The medical sector is the driving factor for the bioceramics and piezoceramics market growth. In the recent years, the growing demand for the orthopedic and dental implants in various countries has boosted the market growth. The aged population is increasing which in turn has increased osteoarthritis; hence, the consumption of bioceramics has increased for the hip joint and knee implants and replacements. The bioinert ceramics are used in load-bearing body implants owing to its high strength. They are widely used in orthopedic and dental implants. The increasing cases of the dental and orthopedic implant surgeries and the need for implantable medical devices are triggering the bioceramics and piezoceramics market growth. The price instability in alumina will have the negative impact on the market. The use of medical polymers will hamper the market growth as they have properties similar to that of bioceramics.

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Global Bioceramics and Piezoceramics Market: Regional Analysis

The region that is dominating the bioceramics and piezoceramics market is Asia Pacific. There is the increase in the utilization of the bioceramics and piezoceramics in the dental implants, surgical and diagnostic instruments, orthopedic implants and others in the countries such as India, South Korea, China, Japan and Indonesia. The factors that are driving the market growth in this region are competitive manufacturing costs, end-use applications, and high economy. The European and North American markets are also growing owing to the above-mentioned reasons.

Global Bioceramics and Piezoceramics Market: Competitive Players

Some of the key players in the bioceramics and piezoceramics market are CeramTec GmbH, Morgan Advanced Materials, DePuy Synthes, Kyocera Corporation, CoorsTek Inc., Zimmer-Biomet holdings Inc., and Nobel Biocare.

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