Asia-Pacific Bioceramics market is estimated to grow at a CAGR of 7.2% during the forecast period. Rising incidences of orthopedic disorders have resulted in the increasing number of orthopedic procedures in the region. The significant availability of the geriatric population base is the major cause of the rising prevalence of orthopedic disorders in the region. As per the United Nations (UN), the percentage of the population aged 65 years or more has nearly doubled in South-Eastern and Eastern Asia increased from 6.0% in 1990 to 11.0% in 2019. Eastern and South-Eastern Asia had the largest number of the older population (aged 65 and more) which is nearly 261 million, followed by Europe and Northern America (more than 200 million).
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This leads to increasing demand for orthopedic implants in the region. With the emerging demand for orthopedic implants, the manufacturing of orthopedic implants is expected to accelerate in the region. In 2016, the Straumann Group acquired Equinox, a renowned Indian implant brand. The expansion of major implants manufacturers in Asia-Pacific will likely increase the demand for bioceramics in the region. It is a biocompatible material with potential strength and wear resistance, which makes it ideal for use in orthopedic implants.
Further, rising awareness regarding dental problems is expected to drive the demand for bioceramics in the region. The National Oral Health Program [NOHP] has envisioned by the Ministry of Health and Family Welfare, for an accessible, affordable, and equitable oral health care delivery in a proper manner and conducting “optimal oral health” for all by 2020. This, in turn, is supporting the demand for bioceramics that are significantly utilized in dentistry as dentures, restorative materials, glass-filled cement, and gold porcelain crowns. It is used in dental implants owing to their superior bioactivity, wear resistance, and high strength.
Scope of the Asia-Pacific Bioceramics Market
Market Coverage
· Market number available for 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- By Product Type and Application
· Countries Covered- China, India, Japan, and Rest of Asia-Pacific
· Competitive Landscape- CeramTec GmbH, Straumann AG, Kyocera Corp., NGK Spark Plug Co., Ltd., and Kuraray Europe GmbH
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Asia-Pacific Bioceramics Market-Segmentation
By Product Type
Ø Bio-Inert
· Alumina
· Zirconia
· Others
Ø Bio-Active
· Bioglass
· Glass Ceramics
· Others
Bio-Resorbable
By Application
· Dental
· Orthopedics
· Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
