Global Medical Ceramic Market Size, Trends and Growth Opportunity, By Material (Bio-inert ceramics, Bioactive Ceramics, Glass Ceramics, Bio-Resorbable Ceramics, Others), By Application (Dental Surgery, Orthopedic, Cardiovascular Surgery, X-ray Tubes, Others), By Region and forecast till 2027.

Global Medical Ceramic Market Size, Trends and Growth Opportunity, By Material (Bio-inert ceramics, Bioactive Ceramics, Glass Ceramics, Bio-Resorbable Ceramics, Others), By Application (Dental Surgery, Orthopedic, Cardiovascular Surgery, X-ray Tubes, Others), By Region and forecast till 2027.

Global Medical Ceramic Market 

Global Medical Ceramic Market was valued at USD 2.4 billion in 2021 and is slated to reach at USD 3.6 billion by 2027 at a CAGR of 6.6% from 2022-2027.
Medical ceramics are materials that are utilised in the medical business for both human touch and non-contact applications. They're commonly employed in a variety of medical instruments and gadgets. Alumina and zirconia oxides are used to make a variety of ceramic medical equipment. Biocompatibility is a property of these medical ceramics. Medicinal ceramics are typically non-toxic and have good mechanical strength. They are frequently utilised in pressure sensors, valves, fillers, hand tools, dental screws and bridges, femoral head implants for hip replacement, and other applications.

Market Drivers

One of the primary drivers of the Global Medical Ceramics Market is an increase in the number of medical procedures including dental implants, cardiovascular implants, orthopaedic implants, and medical imaging equipment. The Global Medical Ceramics Market is being driven by factors like the rising demand for minimally invasive medical procedures, the introduction of novel products enhancing the efficacy of therapeutic and diagnostic medical procedures, and the continuously evolving healthcare infrastructure worldwide. The sharp increase in the world's population and the proportion of elderly people driving the sales of medical implants and equipment. Worldwide, both patients and physicians are becoming more accepting of medical implants. For instance, a large number of patients worldwide elect to undergo joint reconstruction procedures in order to improve their quality of life, which eventually drives the global market for medical ceramics. The rising demand for implantable devices and the expanding research activities for the creation of novel medical ceramics are the two main factors that are anticipated to propel the growth of the medical ceramics market during the forecast period. The rising need for medical ceramics in plastic surgery and wound healing applications, as well as the rise in hip and knee replacement surgeries, are additional factors that are projected to fuel the medical ceramics market's expansion.

Market Restraints

It is predicted that the timeline period will see a slowdown in the growth of the medical ceramics market due to demanding clinical and regulatory procedures and inappropriate healthcare reforms. The market for medical ceramics may face more difficulties in the near future due to worries about repairability, recycling, and a shortage of qualified surgeons and dentists. Medical ceramics are subject to unstable costs and supply issues. Due to fluctuating mining outputs and trade emotions, the price of medical ceramics is likewise unstable. Buyers of medical ceramics must endure lengthy lead times or secure substantial stockpiles, which raises buyer costs and restrains the market's expansion. Time-consuming and costly clinical trials are required for the development of medical ceramic products. These items must pass ISO biocompatibility testing requirements in order to be implanted inside of people. The approval process for medical ceramic products is cumbersome, pricy, and time-consuming due to the regulatory procedures' complexity, restrictions, and reliance on the composition of ceramics and their intended future applications. The medical ceramics market may be constrained by this factor.

Impact of COVID-19

COVID-19 had a disastrous impact on international trade and had an immediate impact on households, businesses, financial institutions, industrial facilities, and infrastructure firms. This pandemic epidemic has an influence on the development of the medical ceramic market due to workforce shortages, and the international transportation lockdown had an impact on raw material distribution and product manufacturing. In contrast, the increased demand for pharmaceuticals during the coronavirus outbreak has created an opportunity for producers to expand the market. The COVID-19 epidemic had a negative impact on the global medical ceramics business because fewer orthopaedic and dental implant procedures were performed. Many orthopaedic surgeons were needed to treat the COVID-19 patients because hospitals quickly became overcrowded with their arrivals. The cancellation of elective surgical cases and the postponing of interventional orthopaedic procedures and operations occurred at the same time as this considerable change in clinical role. These cancellations are made for two reasons: first, to lower patient and provider COVID-19 exposure; and second, to save personal protective equipment and other priceless resources. As a result, the market for medical ceramics suffered.

Market Segmentation

Global Medical Ceramic Market is segmented into Material and Application. By Material such as Bio-inert ceramics, Bioactive Ceramics, Glass Ceramics, Bio-Resorbable Ceramics, Others. By Application such as Dental Surgery, Orthopedic, Cardiovascular Surgery, X-ray Tubes, Others.

Regional Analysis

Global Medical Ceramic Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market for medical ceramics is dominated by North America because to the rising usage of diagnostic imaging technology and implantable medical devices. Also, the presence of a substantially greater number of medical device makers would support the expansion of the regional medical ceramics market throughout the anticipated time. Due to the rising need for medical device subcontracting in developing nations, the medical ceramics market in Asia Pacific is predicted to rise significantly over the coming years. Additionally, it is projected that the presence of significant unmet medical needs and the ongoing improvement of the healthcare infrastructure would fuel the expansion of the medical ceramics market in the region during the ensuing years.

Key Players

This report includes a list of numerous Key Players, namely Advanced Monolythic Ceramics, Advanced Ceramics Manufacturing, DePuy Synthes, Morgan Advanced Materials, Nobel Biocare Services AG, H.C. Starck GmbH, Kyocera Corporation, Stryker Corporation, Institut Straumann AG, Zimmer Biomet.

Market Taxonomy

By Material
•    Bio-inert ceramics
•    Bioactive Ceramics
•    Glass Ceramics
•    Bio-Resorbable Ceramics
•    Others

By Application
•    Dental Surgery
•    Orthopedic
•    Cardiovascular Surgery
•    X-ray Tubes
•    Others

By Region
•    North America
•    Latin America
•    Europe
•    Asia Pacific
•    Middle East & Africa.