Hydroxyapatite Market- Latest Innovations, Drivers and Industry Key Events 2022– 2030

As per a new market research report on hydroxyapatite published by Future Market Insights (FMI), the market is anticipated to reach a value over US$ 700 Mn by 2030 expanding at a CAGR of 8.7%.

Calcium phosphate, most commonly known as hydroxyapatite, is used as a bio active material, which interacts with tissues and also aids bone growth. It accounts for a relatively smaller share in the current scenario; however, it is expected to expand significantly over the forecast period.

It is mostly applied as coatings over the conventionally-used titanium or stainless steel implants and are projected to play an important role in 3-D printing over the coming years. From medical research it has been found that the natural human bone comprises of 70% hydroxyapatite.

Competitive Landscape:

Fluidinova, Bonesupport AB, Berkeley Advanced Biomaterials, Sigma Graft, Nano Interface Technology, SofSera, Plasma Biotal Ltd., and Premier Biomaterials are considered as some of the leading market players in the Hydroxyapatite market.

The top 3-4 manufacturers hold around half of the global market share in which these players are adopting inorganic growth strategies for the business development. Key players such as Bonesupport AB and Berkeley Advanced Biomaterials are focused on collaboration and acquisition to expand their presence in the global market.

Conclusion:

The positive outlook of the prosthetics and medical implants especially in developing countries of South East Asia and Latin America is expected to fuel growth of the hydroxyapatite market. Market participants are need to stick to the stringent regulations related to product composition and formulation in several countries. Development of 3D print compliant grades is the key trend amongst the market participants.

The research report analyzes the consumption of hydroxyapatite on the basis of value (US$ Mn) and volume (Tons). The global market projection is based on the factors such as dental and orthopedic implants market growth, biomaterials market growth outlook, availability of substitute materials, stringent regulations employed for medical implants, demand rate from region and respective scope of application, pricing and availability of the product.

As per our research scope, we have drilled down the market by considering the medical grade, research grade and cosmetic grade. The scope of the research report includes the application of Hydroxyapatite used in dental, orthopedics, biochemical research and others.

Get More Information @ https://www.futuremarketinsights.com/reports/hydroxyapatite-market

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