The Global Medical Ceramics Market to Grow at a CAGR of 4.25 Percent Over the Period 2012-2016
DUBLIN, October 30, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/f9d7xl/strategic) have announced the addition of the "Strategic Assessment of the Global Medical Ceramics Market 2012-2016" report to their offering.
One of the key factors contributing to this market growth is the growing demand for cosmetic dentistry. The Global Medical Ceramics market has also been witnessing its application in hip replacement implants. However, threat of brand loyalty to small companies could pose a challenge to the growth of this market.
The key vendors dominating this market space include 3M ESPE AG, Morgan Advanced Materials plc, Noritake Co. Ltd., Rockwood Holdings Inc., and Tosoh Corp.
The other vendors mentioned in this report AVX Corp., BAE Systems plc, Berkeley Advanced Biomaterials Inc., CeramTec GmbH, CoorsTek Inc., Covalent Materials Corp., Ferro-Ceramic Grinding Inc., Friatec AG, Kemet Corp., Physik Instrumente (PI) GmbH and Co. KG, Raymor Industries Inc., Refractron Technologies Corp., Saint-Gobain Ceramics and Plastics Inc., Temex Ceramics SAS, Vishay Intertechnology Inc., and Wright Medical Technology Inc.
Commenting on the report, an analyst from the Healthcare team said: Currently, the Global Medical Ceramics market has been witnessing various applications of medical ceramic products in hip replacements. Hip replacement is among the most commonly performed orthopedic procedures. Ceramic hip replacements have been developed in an effort to enhance the quality of hip implants to reduce them from wearing out. Due to the ceramic's hard and smooth texture, the amount of wear within the implants reduces considerably. Hence, this increased application of medical ceramics in hip replacement is expected to boost the growth of the Global Medical Ceramics market during the forecast period.
According to the report, one of the key drivers in this market is the growing demand for cosmetic dentistry worldwide. Cosmetic Dentistry, a branch of dentistry that uses medical ceramics extensively, has seen an upsurge in its demand worldwide, owing to the opportunities it can provide to dental patients to improve the appearance of their teeth and gums.
For more information visit http://www.researchandmarkets.com/research/f9d7xl/strategic
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