hydroxyapatite market was esteemed at $ 2.46 billion out of 2019 and is relied upon to reach $ 3.65 billion by 2027, with a CAGR of 5.1


Posted September 14, 2021 by Bhargav

Hydroxyapatite Market is valued at USD 2.34 billion in 2021and is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.4 %

 
Hydroxyapatite Market overview:
Hydroxyapatite, the mineral form of calcium apatite, consists of a phosphate group and a hydroxyl group. It is an important component of teeth that offers great rigidity and better remineralization of enamel than saliva. Hydroxyapatite coatings on orthopedic implants and dental care products provide improved properties, including increased healing of the space between the bone and hydroxyapatite, faster bone healing at the bone-implant interface, and inhibition of corrosion. Therefore, manufacturers are replacing conventional titanium plasma spray coatings with nanohydroxyapatite coatings.
Recent developments:
Nanohydroxyapatite has been used as an ingredient for oral care, being incorporated into various products for the treatment of dental hypersensitivity and the remineralization of enamel.
https://www.nature.com/articles/s41598-019-47491-z
Market Drivers and Restrains:
Hydroxyapatite (HAp) is a fundamental calcium phosphate that exists as the main material of bones, teeth and minerals, usually with high biaffinity. Its composition promotes osseointegration between bone and orthopedic implants, allowing maximum structural and functional connection. Due to its versatility, hydroxyapatite is becoming increasingly popular as an implant coating. The main factor driving the growth of the hydroxyapatite market is the growing interest as a biomaterial for use in prosthetic applications. On the other hand, adverse conditions resulting from the sudden outbreak of COVID-19 are expected to impact the growth of the studied market.
To know more read:
https://www.marketdataforecast.com/market-reports/hydroxyapatite-market
Report is segmented as:
By Size:
• Nano sized
• Micro sized
• Greater than micrometers
By Application:
• Orthopedic
• Dental care
• Plastic surgery
Geographical Segmentation:
The North America region has a significant share of the global hydroxyapatite market and is expected to dominate the market during the forecast period due to high investments and better healthcare infrastructure. With the increase in the elderly population and health problems, the demand for health care in the region is increasing. According to the United Nations Population Division, approximately 16% of the United States population was 65 years of age or older in 2020. Therefore, growing demand from various segments is expected to drive the studied market in the region throughout the year throughout the year forecast period.
Impact of COVID-19 on Hydroxyapatite Market:
Due to its outstanding properties such as biocompatibility, bioactivity, osteoconductivity, non-toxicity, and non-inflammatory nature, hydroxyapatite has many applications in orthopedics, dental care, plastic surgery, and others. Because of COVID 19, routine dental administrations have been compelled to close all throughout the planet, and the individuals who stayed open have been encouraged to restrict treatment to pressing or crisis care as it were. Numerous muscular and dental medical procedures have been dropped and delayed because of security concerns raised by the pandemic. This suspension of routine consideration (dentistry, muscular health and plastic medical procedure) to save lives prompts the conclusion of numerous meetings because of a critical monetary effect. Due to all of these factors, COVID-19 has negatively impacted the hydroxyapatite market.
Key market players:
Some of the major companies profiled in this report include Fluidinova, Sofsera, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., Cam Bioceramics, Zimmer Biomet, Aps Materials, Cg Bio Inc, and Granulab (M) Sdn Bhd.
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Tags hydroxyapatite market , hydroxyapatite share
Last Updated September 14, 2021