Medical ceramics market size to grow by USD 5,280.32 million from 2022 to 2027; Growth driven by rise in the geriatric population|Impact of US Bank Failures 2023 - Technavio

NEW YORK, March 16, 2023 /PRNewswire/ -- The global medical ceramics market size is estimated to grow by USD 5,280.32 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.35% during the forecast period. The growth of the market is driven by the increase in geriatric population. Globally, the life expectancy of individuals has increased considerably. This can be attributed to improved healthcare standards and the availability of advanced treatment options. For instance, in the US, the population of individuals aged 60 years and above has increased to 16.5 in 2020 from 12% in 1950. This number is expected to reach 32% by 2050. This is consequently increasing the prevalence of age-related diseases, such as osteoarthritis, osteonecrosis, and rheumatoid arthritis. All these factors are fueling the growth of the market in focus. Take action now and gain valuable insights into the impact of the US crisis with our comprehensive analysis report - Talk to us

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Global Medical Ceramics Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (orthopedic, implantable devices, dental, surgical and diagnostic, and others), type (bio-inert ceramics, bio-active ceramics, bio-resorbable ceramics, and piezo-ceramics), and geography ( North America, Europe, APAC, South America, and Middle East and Africa). 

• The market will witness significant growth in the orthopedic segment during the forecast period. The segment includes joint replacement devices, including knee, hip, wrist, finger, ankle, and shoulder implants. The growth of the segment is driven by the increasing number of individuals with arthritis and osteoporosis. In addition, the increasing popularity of ceramic hip replacement among orthopedic surgeons and patients is fueling the growth of the segment.

Geography Overview
By geography, the global medical ceramics market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global medical ceramics market.

• APAC will account for 41% of the market growth during the forecast period. The growth of the regional market is driven by various factors, including the expansion of the geriatric population and the rising number of edentulous people. Other factors supporting the regional market growth include rising awareness about oral health and joint problems and increasing partnerships between vendors and distributors.

Insights on the market contribution of various segments including country and region wise historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

Global Medical Ceramics Market – Vendor Analysis

The global medical ceramics market is highly fragmented, with numerous vendors at the global, regional, and local levels. As the market is highly dynamic and competitive, vendors differentiate through value-added services and pricing. Intense competition and declining profit margins constitute significant risk factors for vendors. Some of the key vendors covered in the report include:

• CAM Bioceramics BV - The company offers medical ceramics such as Zirconia and Mixed Oxides ceramics.
• CoorsTek Inc. - The company offers medical ceramics through its subsidiary Saint-Gobain Performance Ceramics and Refractories.
• Elan Technology Inc. - The company offers medical ceramics such as Permallon orthopaedic ceramics.
• Ferro Corp. - The company offers medical ceramics used in medical implants, medical sensors, artificial hip, and knee joints.

Global Medical Ceramics Market – Market Dynamics

Leading trends influencing the market 

• The increasing demand for ceramic coating is identified as the key trend in the market.
• Ceramic coatings provide enhanced hardness, and abrasion resistance coated components.
• Hence, medical device manufacturers are using ceramic coatings during the production of medical components and devices, such as orthopedic and spinal implants.
• The use of ceramics in the medical industry is leading to the development of new ceramic coating techniques, such as lithium coating among medical device manufacturers.
• This trend will positively influence the growth of the market during the forecast period.

Major challenges hindering the market growth

• The high cost of medical ceramics is a major challenge hindering the growth of the market.
• Manufacturing and fabrication costs associated with the medical ceramic substrate are higher than substitutes such as titanium alloys.
• The high cost of medical ceramics limits its reach to a larger proportion of the global population.
• Also, the high price of raw materials and the high manufacturing cost decrease the profit margins for medical device manufacturers.
• These factors reduce the growth potential in the market.

Insights on market drivers, trends, & challenges, historic period (2017 to 2021), and forecast period (2023 to 2027) - Request a sample report!

What are the key data covered in this medical ceramics market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the medical ceramics market between 2023 and 2027
• Precise estimation of the size of the medical ceramics market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the medical ceramics market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of medical ceramics market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global medical ceramics market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global medical ceramics market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Orthopedic - Market size and forecast 2022-2027
• Exhibit 34: Chart on Orthopedic - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Orthopedic - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Orthopedic - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Orthopedic - Year-over-year growth 2022-2027 (%)

• 6.4 Implantable devices - Market size and forecast 2022-2027
• Exhibit 38: Chart on Implantable devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Implantable devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Implantable devices - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Implantable devices - Year-over-year growth 2022-2027 (%)

• 6.5 Dental - Market size and forecast 2022-2027
• Exhibit 42: Chart on Dental - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Dental - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Dental - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Dental - Year-over-year growth 2022-2027 (%)

• 6.6 Surgical and diagnostic - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Surgical and diagnostic - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Surgical and diagnostic - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Surgical and diagnostic - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Surgical and diagnostic - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 55: Chart on Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 57: Chart on Comparison by Type
• Exhibit 58: Data Table on Comparison by Type

• 7.3 Bio-inert ceramics - Market size and forecast 2022-2027
• Exhibit 59: Chart on Bio-inert ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Bio-inert ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Bio-inert ceramics - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Bio-inert ceramics - Year-over-year growth 2022-2027 (%)

• 7.4 Bio-active ceramics - Market size and forecast 2022-2027
• Exhibit 63: Chart on Bio-active ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Bio-active ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Bio-active ceramics - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Bio-active ceramics - Year-over-year growth 2022-2027 (%)

• 7.5 Bio-resorbable ceramics - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Bio-resorbable ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Bio-resorbable ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Bio-resorbable ceramics - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Bio-resorbable ceramics - Year-over-year growth 2022-2027 (%)

• 7.6 Piezo-ceramics - Market size and forecast 2022-2027
• Exhibit 71: Chart on Piezo-ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Piezo-ceramics - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Piezo-ceramics - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Piezo-ceramics - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Type 
• Exhibit 75: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 77: Chart on Market share by geography 2022-2027 (%)
• Exhibit 78: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 79: Chart on Geographic comparison
• Exhibit 80: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 89: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 113: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 117: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 119: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 120: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 121: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 122: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 123: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 124: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 125: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 126: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 127: Matrix on vendor position and classification

• 12.3 3M Co. 
• Exhibit 128: 3M Co. - Overview
• Exhibit 129: 3M Co. - Business segments
• Exhibit 130: 3M Co. - Key news
• Exhibit 131: 3M Co. - Key offerings
• Exhibit 132: 3M Co. - Segment focus

• 12.4 Admatec BV 
• Exhibit 133: Admatec BV - Overview
• Exhibit 134: Admatec BV - Product / Service
• Exhibit 135: Admatec BV - Key offerings

• 12.5 BCE Special Ceramics GmbH 
• Exhibit 136: BCE Special Ceramics GmbH - Overview
• Exhibit 137: BCE Special Ceramics GmbH - Product / Service
• Exhibit 138: BCE Special Ceramics GmbH - Key offerings

• 12.6 CeramTec GmbH 
• Exhibit 139: CeramTec GmbH - Overview
• Exhibit 140: CeramTec GmbH - Business segments
• Exhibit 141: CeramTec GmbH - Key offerings
• Exhibit 142: CeramTec GmbH - Segment focus

• 12.7 Compagnie de Saint Gobain SA 
• Exhibit 143: Compagnie de Saint Gobain SA - Overview
• Exhibit 144: Compagnie de Saint Gobain SA - Business segments
• Exhibit 145: Compagnie de Saint Gobain SA - Key offerings
• Exhibit 146: Compagnie de Saint Gobain SA - Segment focus

• 12.8 CoorsTek Inc. 
• Exhibit 147: CoorsTek Inc. - Overview
• Exhibit 148: CoorsTek Inc. - Product / Service
• Exhibit 149: CoorsTek Inc. - Key news
• Exhibit 150: CoorsTek Inc. - Key offerings

• 12.9 Elan Technology Inc. 
• Exhibit 151: Elan Technology Inc. - Overview
• Exhibit 152: Elan Technology Inc. - Product / Service
• Exhibit 153: Elan Technology Inc. - Key offerings

• 12.10 Ferro Corp. 
• Exhibit 154: Ferro Corp. - Overview
• Exhibit 155: Ferro Corp. - Business segments
• Exhibit 156: Ferro Corp. - Key offerings
• Exhibit 157: Ferro Corp. - Segment focus

• 12.11 Koninklijke DSM NV 
• Exhibit 158: Koninklijke DSM NV - Overview
• Exhibit 159: Koninklijke DSM NV - Business segments
• Exhibit 160: Koninklijke DSM NV - Key news
• Exhibit 161: Koninklijke DSM NV - Key offerings
• Exhibit 162: Koninklijke DSM NV - Segment focus

• 12.12 Kyocera Corp. 
• Exhibit 163: Kyocera Corp. - Overview
• Exhibit 164: Kyocera Corp. - Business segments
• Exhibit 165: Kyocera Corp. - Key offerings
• Exhibit 166: Kyocera Corp. - Segment focus

• 12.13 Morgan Advanced Materials Plc 
• Exhibit 167: Morgan Advanced Materials Plc - Overview
• Exhibit 168: Morgan Advanced Materials Plc - Business segments
• Exhibit 169: Morgan Advanced Materials Plc - Key news
• Exhibit 170: Morgan Advanced Materials Plc - Key offerings
• Exhibit 171: Morgan Advanced Materials Plc - Segment focus

• 12.14 NGK SPARK PLUG Co. Ltd. 
• Exhibit 172: NGK SPARK PLUG Co. Ltd. - Overview
• Exhibit 173: NGK SPARK PLUG Co. Ltd. - Business segments
• Exhibit 174: NGK SPARK PLUG Co. Ltd. - Key offerings
• Exhibit 175: NGK SPARK PLUG Co. Ltd. - Segment focus

• 12.15 QSIL SE 
• Exhibit 176: QSIL SE - Overview
• Exhibit 177: QSIL SE - Product / Service
• Exhibit 178: QSIL SE - Key offerings

• 12.16 Rauschert GmbH 
• Exhibit 179: Rauschert GmbH - Overview
• Exhibit 180: Rauschert GmbH - Product / Service
• Exhibit 181: Rauschert GmbH - Key offerings

• 12.17 Tayca Corp. 
• Exhibit 182: Tayca Corp. - Overview
• Exhibit 183: Tayca Corp. - Product / Service
• Exhibit 184: Tayca Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 185: Inclusions checklist
• Exhibit 186: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 187: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 188: Research methodology
• Exhibit 189: Validation techniques employed for market sizing
• Exhibit 190: Information sources

• 13.5 List of abbreviations 
• Exhibit 191: List of abbreviations

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