Global Metal Implants and Medical Alloys Market Increasing Size, Demand, Growth Rate, and Forecast 2032 - Emergen Research

 The global metal implants and medical alloys market size was USD 14.25 Billion in 2022 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Increasing number of orthopedic, dental, and cardiovascular disorders, rising demand for minimally invasive surgeries, and technological advancements in metal implantation are some of the major factors driving the market revenue growth. In addition, growing product launches and initiatives by leading companies and regulatory approvals and initiations by government for the metallic implants are contributing significantly to the market revenue growth.

Rising demand for minimally invasive surgeries is a key factor driving the market revenue growth. For a very long time, dentists and maxillofacial surgeons have been conducting surgery and conducting associated research in the field of implant dentistry, and they have significantly influenced the creation of the current implant therapy. In the past, areas with bone insufficiency or poor bone quality were treated with invasive surgical procedures before implants could be placed. Furthermore, technological advancements in metal implantation is another key factor driving revenue growth of the market.

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However, several factors can hamper the market revenue growth during the forecast period. Some alternatives to currently used metallic implants that remain constantly in the human body and can result in long-term side effects such as systemic toxicity, chronic inflammation, and thrombosis are biodegradable components (Fe, Mg, Zn, and polymer), which can participate in the healing process and then degrade gradually while maintaining the mechanical integrity. Furthermore, high cost of metal implants and alloys can restrain the market revenue growth.

Emergen Research has segmented the global metal implants and medical alloys market on the basis of type, application, end-use, and region:

  • Type Outlook (Revenue, USD Billion; 2019-2032)
    • Titanium
    • Cobalt Chrome
    • Stainless Steel
    • Other metals

1.    Gold

2.    Silver

3.    Magnesium

  • Application Outlook (Revenue, USD Billion; 2019-2032)
    • Cardiovascular applications
    • Dental applications
    • Spinal fusion applications
    • Cranio-facial surgeries
    • Orthopedic reconstruction surgeries
    • Other applications
  • End-Use Outlook (Revenue, USD Billion; 2019-2032)
    • Hospitals and clinics
    • Ambulatory surgical centers
    • Others

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1961 Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

·       North America (U.S., Canada)

·       Europe (U.K., Italy, Germany, France, Rest of EU)

·       Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

·       Latin America (Chile, Brazil, Argentina, Rest of Latin America)

·       Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Highlights from the Report

  • The dental applications segment is expected to account for a significantly large revenue share during the forecast period owing to the rising Increasing prevalence of dental problems. According to the Global Burden of Disease, untreated dental cavities in permanent teeth are the most common ailment, affecting around 3.5 billion people worldwide. Dental caries remains the most prevalent chronic condition in both children and adults. In Canada, 85.7% of the population visits the dentist, and they do so within two years.
  • The stainless steel segment registered a significantly fast revenue growth rate in 2022. Type 316L stainless steel is widely used in surgical operations to substitute biological tissue or to help stabilize a biological structure, such as bone tissue, to speed up the healing process. Stainless steel implants have been related to higher rates of infection due to the formation of a fibrous filled with fluid capsule at the implant-bone surface, which provides an ideal habitat for bacterial colonization.
  • The metal implants and medical alloys market in North America accounted for largest revenue share in 2022 owing to the presence of healthcare and hospitality facilities, rising product launches, and their partnerships with leading companies of metal implantations in this region. Furthermore, rising product approvals by federal government agencies are driving revenue growth of the market in this region. For instance, on 30 March 2023.
  • Bioretec Ltd, a bioresorbable pioneer and the first and only healthcare company to offer bioresorbable metallic implants in the United States, the largest single market for orthopedic implants, announced receiving Food and Drug Administration (FDA) market authorization for its pioneering RemeOsTM trauma screw to be utilized in the recovery of bone broken bones aligned with the clinical trial.

Key Companies Profiled in the Report are: Johnson Matthey, CRS Holdings, LLC., Zimmer Biomet., Stryker, Fort Wayne Metals Research Products, LLC, QuesTek Innovations LLC., OssDsign AB., AMETEK Inc., In2Bones, OSSIO

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Highlights of Table of Contents (TOC):

·       Overview of Global Metal Implants and Medical Alloys Market

·       Competitive analysis of the Metal Implants and Medical Alloys market

·       Regional analysis of Global Metal Implants and Medical Alloys market production and revenue

·       Regional analysis of Global Metal Implants and Medical Alloys market supply, consumption, and export & import

·       Type-based market analysis of global Metal Implants and Medical Alloys production, revenue, and price trends

·       Application-based analysis of the global Metal Implants and Medical Alloys market

·       Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Metal Implants and Medical Alloys market

·       Global Metal Implants and Medical Alloys market forecast (2023-2032)

·       Conclusion of the research report

·       Appendix

 

Look Over transcripts provided by Emergen Research

Biomarker Technologies Market: https://www.emergenresearch.com/industry-report/biomarker-technologies-market

Trauma Products Market: https://www.emergenresearch.com/industry-report/trauma-products-market

Identity Verification Market: https://www.emergenresearch.com/industry-report/identity-verification-market

Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market: https://www.emergenresearch.com/industry-report/location-based-services-and-real-time-location-systems-market

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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