Hydroxyapatite Market to Grow with a CAGR of 6.13% Globally through 2029
Surge in
technological advancements is expected to drive the Global Hydroxyapatite
Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Hydroxyapatite Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2019-2029F”, the Global
Hydroxyapatite Market stood at USD 2.45 billion in 2023 and is anticipated to
grow with a CAGR of 6.13% in the forecast period thorugh 2029. The initiatives
taken by government based on hydroxyapatite has led to favorable market
conditions for the Global Hydroxyapatite Market. Several factors contribute to
the growth of various hydroxyapatite products.
The National
Science and Technology Development Agency (NSTDA) and Chulalongkorn University
in Thailand have collaborated to introduce a revolutionary nano-hydroxyapatite
toothpaste, specifically formulated to cater to the dental needs of children.
This groundbreaking development highlights the growing recognition and
appreciation of hydroxyapatite's remarkable effectiveness in oral care,
especially for the young ones who deserve the best dental hygiene products
available in the market.
In a significant
stride towards advancing the field of dentistry, the esteemed Code Maintenance
Committee has recently approved four new codes that align with the American
Dental Association's progressive policy on the role of dentistry. While these
codes may not specifically focus on hydroxyapatite, they play a pivotal role in
laying the foundation for its wider acceptance and integration into dental
procedures. This positive momentum sets the stage for the future of dentistry,
opening doors to embrace innovative materials like hydroxyapatite and explore
their potential benefits in oral healthcare.
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Technological
advancements have paved the way for innovative applications of hydroxyapatite,
particularly in healthcare and biotechnology. For instance, the introduction of
hydroxyapatite-coated femoral components has significantly enhanced the success
rate of orthopedic implants. These coatings facilitate superior integration
with body tissues, ensuring the long-term functionality of the implants.
Technological advancements have also fostered the development of novel
hydroxyapatite-infused products. For instance, hydroxyapatite is now utilized
in toothpastes and skincare products owing to its protective and remineralizing
properties.
The Global
Hydroxyapatite Market is segmented into type, application, regional
distribution, and company.
Based on its application,
the plastic surgery segment held the largest share in the market. The
pervasive influence of celebrity culture and the omnipresence of social media
platforms have significantly contributed to the burgeoning demand for plastic
surgery procedures. With an ever-growing exposure to images of celebrities and
influencers showcasing aesthetically enhanced appearances, a considerable
number of individuals aspire to emulate these results through cosmetic
treatments. This phenomenon has fueled a surge in interest and acceptance of
plastic surgery as a means of achieving desired physical attributes and
enhancing overall self-confidence.
Plastic
surgeons are increasingly leveraging hydroxyapatite materials to meet the
evolving aesthetic goals of their patients. These advanced biomaterials offer a
versatile solution for delivering natural-looking enhancements that align with
patients' individual preferences and expectations. By incorporating
hydroxyapatite-based fillers and implants into their practice, surgeons can
address a wide range of cosmetic concerns while ensuring long-lasting and
harmonious results.
Based on region, Asia Pacific segment is expected to grow during the forecast period.
Investments
in enhancing healthcare infrastructure, spanning the development of modern
hospitals, specialized clinics, and state-of-the-art research facilities, play
a pivotal role in fostering the integration and utilization of advanced medical
technologies in the Asia Pacific region. This includes the adoption of innovative solutions involving
hydroxyapatite, thereby driving progress and efficacy in medical treatments and
procedures.
Major companies
operating in Global Hydroxyapatite Market are:
- Sofsera
Corporation
- Taihei
Chemical Industrial Co. Ltd
- Cam
Bioceramics BV
- APS
Materials Inc.
- Granulab
(M) Sdn Bhd
- Berkeley
Advanced Biomaterials Inc.
- Zimmer
Biomet Holdings Inc
- CG
Bio Inc.
- Bio-Rad
Laboratories Inc.
- Fluidinova
S.A.
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“Innovative
advancements in 3D printing methodologies have ushered in a new era where the
integration of multiple materials within a single printed object is made
possible. This breakthrough capability not only expands the horizons of design
possibilities but also paves the way for the creation of hybrid implants or
scaffolds that exhibit an unprecedented level of versatility and performance.
By seamlessly blending hydroxyapatite with biodegradable polymers or bioactive
molecules, these hybrid constructs can be tailored to meet specific biomedical
requirements, whether it's for orthopedic implants, dental prosthetics, or
tissue engineering applications.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Hydroxyapatite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Nano-Sized, Micro-Sized, Greater than Micrometer), By Application (Orthopedic, Plastic Surgery, Dental Care, Others), By Region and Competition, 2019-2029F”, has evaluated the future growth
potential of Global Hydroxyapatite Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Hydroxyapatite Market.
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