The medical ceramics market is projected to reach USD 3.6 billion by 2027 from an estimated USD 2.6 billion in 2022, at a CAGR of 6.6%. The medical ceramics market driven by increasing demand for implantable devices, increasing number of hip & knee replacement surgeries and increasing demand of medical ceramics in plastic surgeries.
The medical ceramics market is compeptitive. The major players operating in this market are CeramTec GmbH (Germany), KYOCERA Corporation (Japan), Morgan Advanced Materials (UK), Nobel Biocare Services (Switzerland), Tosoh Corporation (Japan), Institut Straumann (Switzerland), 3M (US), Royal DSM (DSM) (Netherlands), Elan Technology (US), Bakony Technical Ceramic Ltd. (Hungary), QSIL Ceramics GmbH (Germany), NGK Spark Plug (Japan), CoorsTek, Inc. (US), BCE Special Ceramics (Germany), Berkeley Advanced Biomaterials (US), Kuraray Noritake Dental (Japan), Ferro Corporation (Japan), Washington Mills (US), H.C. Stark GmbH (Germany), CAM Bioceramics (The Netherlands), CaP Biomaterials (US), and Berkeley Advanced Biomaterials (US).
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CeramTec (Germany) held the leafing position in the medical ceramics market in 2021. The company offersan exhaustive product portfolio consisting of medical ceramics. The has strong geographics presence in North America, Europe and Asia. The company’s strong heritage of leadership and innovation has provided a solif foundation for the continued development of safe and cost-effective products.
Institut Straumann (Switzerland) is held second position in the medical ceramics market in 2021. The company provides its robust portfolio of medical ceramics product related to dental application. The company focuses on inorganic strategies such as partnership and collaboration to strengthen their position. Moreover, the company has strong geographic presence in across the 70 countries and a strong direct and indirect distribution network.
KYOCERA Corporation (Japan) is held third largest share of medical ceramics market in 2021. The company has strong product portfolio of medical ceramics market. The company is focusing on growth strategies like product launches and acquisitions to enhance its customer base and market penetration will further increase its market share in the near future.
Medical Ceramics Market by Material (Bioinert (Zirconia, Aluminium), Bioactive (Glass, Hydroxyapatite), Bioresorbable Ceramics), Application (Dental Application, Orthopedic Application, Plastic Surgery, Surgical Instruments) - Global Forecast to 2027
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