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Bioceramics and Hydroxyapatite Market Size, Share, Demand & Growth by 2028

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Bioceramics and Hydroxyapatite Market Size, Share, Demand & Growth by 2028
Future Market Insights delivers key insights on the global bioceramics and hydroxyapatite
market in its latest report titled ‘Bioceramics and Hydroxyapatite market: Global Industry
Analysis 2017-2011 and Opportunity Assessment 2022-2028.’ The long-term outlook on the
global bioceramics and hydroxyapatite market is expected to remain positive, recording a
CAGR of 6.9% during the forecast period (2022-2028). On the basis of material type, the
aluminum oxide segment is expected to remain dominant and account for nearly 45% of the
global bioceramics and hydroxyapatite market. Attributed to enhanced features such as high
mechanical strength and biocompatibility, which is a bio-inert ceramic and has high
mechanical strength and biocompatibility bioceramics and hydroxyapatite will remain a
preferred component in the production of the orthopedic implants. In addition, zirconia-based
bioceramics are widely being used for dental implants and are foreseen to remain a lucrative
segment in the global bioceramics and hydroxyapatite market.
The growing need for developing effective dental implants, hip, joints, and knee replacement
devices are projected to fuel demand for bioceramics and hydroxyapatite over the forecast
period. Production of implants per capita has further translated to an exponential market
growth over the past decade.
There has been increase in percentage of ageing population which are prone to greater risk of
diseases such as osteoarthritis, knee , joint and hip problems, tooth decay amongst others.
Ageing population coupled with other factors such as increasing number of accidents, bad
eating habits leading to tooth decay amongst others is projected to drive the demand for
bioceramics and hydroxyapatite over the forecast period.
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Attributed to enhanced biocompatibility, high mechanical strength, and chemical and thermal
stability, bioceramics and hydroxyapatite are increasingly being used for orthopaedic and
dental implants. Growing health concerns pertaining to the impact of the materials used for
developing dental implants has led manufacturers to direct their investments towards utilizing
titanium as an important component. However, lack of maintenance of titanium implants can
result in corrosion of the implants. To offer improved patient care, the manufacturers are
developing zirconia-based implants that are white colored ceramic material. These implants
offer improved biocompatibility and are likely to encourage demand for bioceramics and
hydroxyapatite in the healthcare industry.
Contrary to the factors boosting the market growth, availability of bioceramics and
hydroxyapatite at premium prices and lack of awareness among consumers is likely to inhibit
growth of the global bioceramics and hydroxyapatite market over the coming years. Also,
lack of technological advancements in developing countries of Asia Pacific region there has
been still been prevalence of metal-based implants which may hinder the bioceramics and
hydroxyapatite market growth in the long run.
To remain in the forefront of the competitive market, leading market players are focusing on
long-term partnerships with implant manufacturers, and expanding their regional footprints in
the bioceramics and hydroxyapatite market. In-depth research and development have also
been conducted for developing 3-D printing and artificial bones thus expanding the
application area and product offerings for bioceramics and hydroxyapatite.
Segmentation Analysis

On the basis of material type, the aluminium oxide segment is projected to retain its
dominance in the global bioceramics and hydroxyapatite market throughout the
forecast period, accounting for a value share of ~45% by the end 2018.

On the basis of type, bio-inert is expected to remain a leading segment in the global
bioceramics and hydroxyapatite market, recording a CAGR of 6.8% over the forecast
period. However, the bio-active segment is expected to witness higher growth rate in
terms of value.

On the basis of application, sales of the bioceramics and hydroxyapatite is likely to
remain concentrated for the development of the orthopaedic implants. However, other
applications such as dental implants and implantable electronic devices are projected
to witness significant growth over the coming years in terms of consumption.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
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