Global Metal Implants And Medical Alloys Market To Show Stunning Growth And Reach USD 18 Billion By 2025

20-Mar-2020 | Zion Market Research

As per Zion Market Research, the global metal implants and medical alloys market is predicted to cross USD 18 billion by 2025 with a CAGR of 10.1%. The market was valued at USD 11.5 billion in 2019. Features such as the increasing elderly population, the rising number of accidental/trauma cases, and the rising occurrence of chronic disease are powering the development of the market.

The major companies in the metal implants and medical alloys market are Royal DSM, ATI Specialty Alloys & Components, Johnson Matthey Plc, Aperam S.A., Ametek Specialty Products, Fort Wayne Metals, Carpenter Technology Corporation, and QuesTek Innovations LLC.

Global Metal Implants And Medical Alloys Market

Orthopedic Applications Segment Projected To Develop At The Maximum CAGR From 2019 To 2025

On the basis of applications, the orthopedic applications section is projected to develop at the maximum CAGR in the years to come owing to enhancements in medical techs; the increasing elderly population; and the rising cases of chronic diseases such as cardiovascular diseases, osteoarthritis, congenital disorders, and neuropathic diseases.

Titanium Segment To Grow With The Maximum Pace In The Years To Come

Based on type, the titanium section is projected to see the max development in the years to come. The huge share of the titanium section can be credited to benefits such as high rigidity, strength, biocompatibility, greater corrosion resistance characteristics, and greater strain-bearing capacity than other substances. It is non-magnetic, non-allergic, and non-radio-opaque in nature. Hence, it adheres with ease to the bone without any extra coating.

The Global Market In The Asia Pacific Projected To Develop With Maximum CAGR In The Coming Years

The market in the Asia Pacific is projected to develop at the maximum CAGR from 2019 to 2025. Development in the Asia Pacific region is majorly powered by the enhancing healthcare infrastructure, existence of an enormous patient population, rising health awareness, increasing per capita revenue, and an elevation in the cases of accident/trauma incidents.

Browse the full “Metal Implants and Medical Alloys Market by Application (Dental, Orthopedic, Craniofacial, Spinal Fusion, Stent, Pacemaker, Hip, Defibrillator, Shoulder, and Knee Reconstruction), Type (Stainless Steel, Titanium, Cobalt Chrome) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025. Report at https://www.zionmarketresearch.com/report/metal-implants-and-medical-alloys-industry

The global metal implants and medical alloys market is segmented as follows:

By Type

  • Titanium
  • Stainless Steel
  • Cobalt Chromium
  • Other Metal Implants and Medical Alloys (Gold, Silver, and Magnesium Alloys)

By Application

  • Orthopedic Applications
    • Joint Reconstruction Devices
      • Knee Reconstruction Devices
      • Hip Reconstruction Devices
      • Shoulder Reconstruction Devices
      • Other Joint Reconstruction Devices (Ankle, Elbow, Wrist, and Finger Arthroplasty)
    • Spinal Implants
      • Spinal Fusion Devices
      • Motion Preservation Devices
      • Vertebral Compression Fracture Devices
      • Spinal Decompression Devices
    • Trauma Fixation Devices
      • Metal Plates & Screws
      • Pins
      • Nails & Rods
      • Wires
  • Cardiovascular Applications
    • Implantable Cardiac Defibrillators (ICDs)
    • Implantable Cardiac Pacemakers (ICPs)
    • Mechanical Heart Valves
    • Stents
    • Guidewires
  • Dental Applications
    • Dental Implants
    • Orthodontic Appliances
    • Metal Bridges & Crowns
  • Craniomaxillofacial Applications
    • Facial Implants
    • Cranial Implants
  • Neurological Applications

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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