The global hydroxyapatite market size is expected to grow from US$ 480.2 Million in 2022 to US$ 996.4 Million by 2032, exhibiting a CAGR of 7.6% throughout the forecast period (2022-2032). Rising demand from dental, orthopedic & surgical applications is key driving growth in the global hydroxyapatite market.
Over the years, there has been a sharp rise in demand for dental and orthopedic implants as a result of an aging global population and a surge in health problems, and this trend is likely to continue during the forecast period. Driven by this, sales of hydroxyapatite are slated to grow at a healthy pace over the next ten years.
Hydroxyapatite is primarily used in dental and orthopedic applications. Hydroxyapatite is a component of tooth enamel, cementum, and dentin. It aids in the remineralization of teeth and keeps teeth strong and healthy against enamel erosion and cavities.
Therefore, it is widely used in dental hygiene products and implants. Comparing hydroxyapatite to other calcium phosphates, it has been discovered that it is more structurally stable. As a result, it has been chosen by medical specialists as a preferred material for orthopedic implants.
“Growing demand for dental & orthopedic implants are expected to propel the sales of hydroxyapatite in the forecast period,” says an FMI analyst.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-12308
Hydroxyapatite Market Segmentation
By Grade:
- Medical Grade
- Cosmetics Grade
- Research Grade
By Application:
- Dental
- Orthopedic
- Biochemical Research
- Surgical
- Bioceramic Coatings
- Food
- Medicine
- Others
Who is Winning?
According to FMI analysis, FLUIDINOVA, SofSera Corporation, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., SigmaGraft, CAM Bioceramics, APS Materials, Inc., Zimmer Biomet, Bioceramics, Granulab (M) Sdn Bhd, Merz Biomaterials, Sangi Co., Ltd., and others are identified as the key manufacturers in the hydroxyapatite market.
These leading companies are continuously adopting strategies such as mergers, partnerships, agreements, collaborations, and the establishment of new manufacturing and distribution facilities to gain an upper hand in the global hydroxyapatite market.