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

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.

20-Mar-2020 | Number of pages: 110 | Report Code: ZMR-4781 | Report Format : | Status : Published

Abstract

Metal Implants Market: An Overview

Metal implants are medical devices designed to support damaged biological structures. These differ from transplants, without the use of biological tissue, and often rely on materials like metals, plastics, to aid the physical structure. Materials like titanium, apatite, and silicone are also becoming common as biomedical material for implants. Advanced implants also integrate electronics to aid applications such as artificial pacemakers or cochlear implants. Recent advances in medicine also promise new opportunities for players in the metal implants market as advancements like drug-eluting stents, or drug delivery devices become commonplace.

According to ZMR forecast, the metal implants market will reach a valuation of $18 bn by 2025 end. The notable growth rate of 10.1% will be achieved during 2019-2025, to take the market valuation from a modest $11.5 bn in 2019. The rising cases of chronic illnesses like cancer, diabetes, and HIV, and rising elderly population will remain key drivers for growth during 2019-2025 period.

Global Metal Implants And Medical Alloys Market

Metal Implants Market: Key Trends

The growing cases of accidents globally, and advancements in materials will open new avenues for growth for players in the metal implants market. According to WHO, the total number of road accident cases reached a peak of 1.35 million in 2018. Moreover, the accidents continue to plague cyclists, motorcyclists, and pedestrians around the world, disproportionately. However, in order to chase the opportunities created by road accidents, players in the metal implants market will need to expand to developing regions. According to WHO, over 93% of these cases occur, in emerging nations. In the near future, entering developing world with new products will become far easier for implant manufacturers. Technologies like 3D printing have reduced manufacturing delays, and offered more room for customizations. The technology also promises to reduce costs significantly, thanks to its enormous potential in the long run.  

Metal Implants Market: Segmentation

The metal implants market report will be segmented on the basis of product type, application, and region. Based on applications, the report will be divided into orthopedic, dental, stent, spinal fusion, hip, shoulder, defibrillator, and knee reconstruction. The growing shift in demographics will result in significant growth for the orthopedic segment during the forecast period. Among type of products, titanium, stainless steel, and cobalt chrome will be studied in the report. Among these, the titanium will likely register highest growth during the forecast period, thanks to its robust and corrosion-resistive nature. 

Metal Implants Market: Regional Outlook

The metal implants market will likely witness highest growth in the North America region, wherein 3D printing technology promises major headways during the forecast period. The region is home to large pharmacies like Walgreens, which have made commitments to expand customizations, and personalized drugs. The trend will likely spill-over to in-house 3D printing devices as the technology has made significant gains in terms of efficacy, and reliability.

Asia Pacific region will likely grow at the fastest CAGR, thanks to rising disposable income, rising elderly population in China, and Japan, and expanding access to healthcare.

Metal Implants Market: Competitive Analysis

The global metal implants market is a competitive, and fragmented landscape, thanks to growing innovation, and more opportunities offered by advancements. The key players in the metal implants market are ATI Specialty Alloys & Components, Royal DSM, , Aperam S.A., Ametek Specialty Products, Johnson Matthey Plc , and Fort Wayne Metals.

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

Frequently Asked Questions

The market was valued at $11.5 bn in 2019

The metal implants market will grow $18 bn by 2025 end.

The metal implants market will grow at a notable 10.1% CAGR during 2019-2025 period.

The titanium segment will likely register most notable growth during the CAGR period, thanks to rising demand and efficacy of the product type.

Some key players in the metal implants market are ATI Specialty Alloys & Components, Royal DSM, , Aperam S.A., Ametek Specialty Products, Johnson Matthey Plc.


Related Reports

Artificial Disc Market – By Type (Lumbar Artificial Disc and Cervical Artificial Disc), By Material (Metal-On-Biopolymer and Metal-On-Metal), And By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5311 | Report Format:

This report analyzes and estimates the artificial disc market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the artificial disc mar...Read More

Medical Equipment Financing Market – By Type (Refurbished Equipment, New Medical Equipment, and Rental Equipment), By Equipment (Patient Monitoring Equipment, Diagnostic Equipment, Laboratory Equipment, Therapeutic Equipment, and Medical Furniture), By End-Use [Hospitals, Laboratories & Diagnostic Centers, Clinics, Ambulatory Surgical Centers (ASCs), and Others], and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5285 | Report Format:

This report analyzes and estimates the medical equipment financing market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the medical...Read More

Endoscopy Fluid Management Market by Product (Hysteroscopy Pumps, Hysteroscopy Fluid Management Systems, Laparoscopy Suction Irrigation Pumps and Laparoscopy Fluid Management Systems); by Modality (Benchtop and Floor Standing); by End User (Specialty Clinics, Diagnostic Centers, Hospitals and Ambulatory Surgical Centers): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5252 | Report Format:

The report covers forecast and analysis for the endoscopy fluid management market on a global and regional level. The study provides historic data from 2016 along with forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the endoscopy fluid manag...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.