The global bio-ceramics and piezoceramics market is expected to grow at a stable rate during the forecast period owing to its increasing use in the applications such as orthopedic implants, diagnostic instruments, dental implants and others. Bio-ceramics and piezoceramics are used as biomaterials to fill in defects in tooth and bone, fractures, to replace diseased tissue, and to fix bone grafts.
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The bio-ceramics and piezoceramics market is segmented by material, application and region. On the basis of material, the market is categorized into bioactive ceramics, piezoceramics, bioinert ceramics, and bioresorbable ceramics. During the forecast period, the bio-inert ceramics is expected to contribute the major share in the market.
One of the challenge for the bio-ceramics and piezoceramics market is stringent clinical and regulatory process for the use and development of the product. It is seen that the development of the devices using the ceramics is a time consuming and expensive process. Additionally, the medical devices which are implanted inside the body needs to be clinically tested. These factors are acting as a restraint in the growth of the market.
On the basis of geography, the market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA). APAC region is contributing a major share in the bio-ceramics and piezoceramics market. This is attributed to growing use of the product in dental implants, orthopedic implants, and surgical and diagnostic instruments in countries such as Korea, China, India, and Japan.
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Some of the major players operating in the global bio-ceramics and piezoceramics market are CoorsTek Inc., DePuy Synthes Companies, Morgan Advanced Materials PLC, CeramTec GmbH, Kyocera Corporation, Zimmer-Biomet holdings Inc., HC Starck GmbH, Saint-Gobain Ceramics & Plastics Inc., and NGK Spark Plug Co. Ltd.
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