How big is the Hydroxyapatite Market:
The latest research study “Hydroxyapatite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that The global hydroxyapatite market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
What are Hydroxyapatite?
Hydroxyapatite (Ca10(PO4)6(OH)2) represents a naturally occurring inorganic calcium phosphate mineral that is synthesized from numerous biological sources, including mammalian bone, fish scales, eggshells, etc. It is similar to hard tissue in morphology as well as composition and has a hexagonal structure and serum calcium to phosphorous (Ca/P) ratio identical to bone apatite. Unlike calcium phosphates, hydroxyapatite can remain thermodynamically stable under several temperature and pH levels. Hydroxyapatite offers high rigidity, better enamel remineralization than saliva, faster bone healing at the bone-implant interface, compositional closeness to bone minerals, etc. Consequently, it is extensively used in coatings to coarsen metal implant surfaces, bone grafts or fillers, orthopedic and dental care devices, etc. Presently, hydroxyapatite is commonly bifurcated into nano and micro-sized types.
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What are the growth prospects and trends in the Hydroxyapatite industry:
The growing prevalence of cardiovascular diseases (CVDs) and the inflating requirement for bone grafting, transplants, bioactive ceramics, etc., are among the key factors stimulating the hydroxyapatite market. Apart from this, the increasing consumer consciousness towards their physical appearance and the rising incidents of dermatological issues, especially among the geriatric population, are acting as significant growth-inducing factors. Moreover, the widespread adoption of nano-hydroxyapatite in drug and gene delivery, bone tissue engineering and fillers, and as a desensitizing agent to decrease tooth sensitivity and reduce plaque levels for teeth whitening is positively influencing the global market. Besides this, various benefits associated with hydroxyapatite, such as bioactivity, osteoconductive, non-toxicity, and non-inflammatory properties, are also propelling the market growth. Furthermore, it is gaining extensive popularity as a fluoride substitute, which is expected to fuel the hydroxyapatite market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- APS Materials Inc.
- Berkeley Advanced Biomaterials
- Bio-Rad Laboratories Inc.
- CAM Bioceramics B.V.
- Cgbio, Fluidinova S.A.
- HOYA Technosurgical Corporation (Hoya Corporation)
- Medtronic plc
- Merz Pharma GmbH & Co. KGaA
- SigmaGraft Biomaterials
- SofSera Corporation
- Taihei Chemical Industrial Co. Ltd.
- Zimmer Biomet.
What is included in market segmentation?
Breakup by Type:
- Nano-sized
- Micro-sized
- Greater than Micrometer
Breakup by Application:
- Orthopedic
- Dental Care
- Plastic Surgery
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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