Global Bioceramics Market is Estimated to Reach $27.3 Billion by 2025
Global report published by Accurize Market Research forecast that the global market is expected to reach $27.3 billion by 2025; growing at a CAGR of 7.0% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Nutritional benefits such as low cholesterol content, great protein content, and rising consumer preference for a vegan diet to drive the growth of the market
The Rising number of implant surgeries and knee & hip joint substitutes, availability of alternative for metals, and growth in the healthcare industry fuels the demand for the global bioceramics market. Furthermore, research and development of nanotechnology in bioceramics also boosts the growth of the market.
The global bioceramics market has been bifurcated on the basis of material, type, application, and geography. The material segment comprises calcium sulfate, aluminum oxide, zirconium, calcium phosphate, glass, and carbon. The type segment contains bioactive, bio-inert, and bioresorbable. Further, the market is bifurcated by application into dental implants, bone implants, surgical instruments & diagnostic instruments.
By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into the U.S., Canada, and Mexico whereas Europe consists of the UK, Russia, Germany, France and the Rest of Europe. Asia-Pacific is segmented into China, Japan, India and the Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.