About Hydroxyapatite
Hydroxyapatite is a naturally occurring form of calcium phosphate, is the main mineral component of teeth and bones. Hydroxyapatite has been majorly used as a biocompatible ceramic in many areas of medicine, but mainly for contact with bone tissue, due to its resemblance to the mineral bone and these factors are driving the growth of the hydroxyapatite market. The growing interest in developing bioactive synthetic ceramics that could closely mimic natural apatite characteristics is projected the growth of the hydroxyapatite market in the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 5.9% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hydroxyapatite market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DePuy Synthes (Johnson & Johnson) (United States), SofSera (Japan), Fluidinova (Portugal), Bio-Rad Laboratories, Inc. (United States), Temex-Ceramics (France), Bonesupport AB ( Sweden), Sigma Graft (United States), Berkeley Advanced Biomaterials (USA), Zimmer Biomet (United States) and BCE Special Ceramics (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CeramTec (Germany) and CoorsTek (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hydroxyapatite market by Type (Medical Grade Hydroxyapatite (HAP) and Research Grade Hydroxyapatite (HAP)), Application (Orthopedic, Dental, Biochemical Research, Regenerative Procedures and Others) and Region.
On the basis of geography, the market of Hydroxyapatite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by End User, the sub-segment i.e. Hospital will boost the Hydroxyapatite market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Demand for Implantable Devices by the Doctors and Rising Number of Hip and Knee Replacement Procedures in the World
Restraints:
High Cost of the Application that uses Medical Ceramics
Opportunities:
Up Surging Demand from Dental and Orthopedic Sectors will boost the Market
Market Leaders and their expansionary development strategies
On 29th May 2019, KYOCERA corporation to Acquire Advanced Ceramic Business of Germany-based Friatec GmbH. The main aim of the acquisition is to give Kyocera its first fine ceramic manufacturing facility in Europe, strategically positioning the company to meet the rising demand for fine ceramic components used in industrial machinery.
Key Target Audience
Medical Ceramics Manufactures, Medical Ceramics Distributors, Hospitals, Regulatory Bodies And Government, Potential Investors, End- Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.