CeramTec GmbH (Germany)and Institut Straumann AG (Switzerland) are Leading players in the Bioceramics Market
The bioceramics market is projected to grow from USD 7.4 billion in 2023 to USD 10.2 billion by 2028, at a CAGR of 6.7% during the forecast period. The bioceramics market is continuously showing a significant growth attributed to its increasing demand from various applications, such as orthopedic applications, dental applications, surgical implants, surgery equipment, and many other applications in the biomedical field. North America, Europe and Asia Pacific are the major markets for bioceramic products. The biocompatible nature along with efficient properties like sterile nature and high compressive strength makes bioceramic preferable material for various medical and surgical equipment.
Some of the major manufacturers operating in the bioceramics market are Coorstek, Inc. (US), Kyocera Corporation (Japan), Morgan Advanced Materials Plc (UK), CeramTec GmbH (Germany), Tosoh Ceramics Co., Ltd. (Japan), Institut Straumann AG (Switzerland), Berkeley Advanced Biomaterials Inc. (US), DSM (Netherlands), CTL Amedica (US), and 3M (US).
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Many of the major players in the past few years have been adopting various growth strategies to strengthen their position in the global bioceramic market. These growth strategies include product launches, contracts, agreements, collaborations, mergers and acquisitions, partnerships, and research and development activities aiming to expand their market presence in the bioceramic market even further.
CeramTec GmbH (Germany)
CeramTec GmbH is a manufacturer as well as a supplier of bioceramics and advanced ceramics, the company has a rich history dating back to 1903, when it was established. CeramTec operates in medical market and industrial market segments. Under these segments the company produces a wide product range, including aluminum substrates, bearing rollers, circuit boards, fuel cells, hip joints, milling tools, pressure sensors, and various other bioceramic products.
CeramTec GmbH had a headcount of 3,680 employees and reported a revenue of USD 769.2 million in December 2022. The company’s products are available in countries all over the world and Europe accounts for the largest share of revenue earned by the company from a particular region.
Institut Straumann AG (Switzerland)
Institut Straumann AG is a part of the Straumann Group, the company is a global leader in tooth replacement and orthodontic solutions. Straumann is headquartered in Basel, Switzerland and was established in the year 1954. The company operates under three major segments i.e. General Dentist, Laboratory, and Specialist segment. Under these segments the company develops, manufactures, and markets a wide range of bio ceramic products used in the dental industry, including dental implants, instruments, digital equipment, CAD/CAM prosthetics, dental biomaterials, and clear aligners for tooth replacement, restoration, and prevention of tooth loss.
The company had a head count of 10,400 employees and revenue of USD 2,410.6 million in December 2022. Straumann’s products are available all around the globe and Europe, Middle East and Africa account for the largest share of revenue earned by the company from regions all around the world.
Related Reports:
Bioceramics Market by Type (Bio-inert, Bio-active, Bio-resorbable), Material Type (Aluminum Oxide, Zirconia, Calcium Phosphate, Calcium Sulfate), Form (Powder, Liquid), Application (Orthopedics, Dental, Biomedical), and Region- Forecast to 2028
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