The global bioactive materials market has been benefitting from the growing application of bioactive materials in various therapies including nanomedicines, mechanical interlocks, and dental and bone tissue healing. In addition to this, bioactive materials have also gained significant prominence in plastic surgeries due to their superior biocompatibility and biodegradability. Moreover, bioactive materials with repair and regenerative properties are utilised in endodontic procedures such as root canals. Teeth restoration, tooth remineralisation, and pulp capping are other applications of these materials in dentistry. Noticeably, the demand for these bioactive materials is likely to soar with the rising root canal procedures. Gauging the momentum of these trends, the market is set to ascend to new growth levels over the forecast period.
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Growing Applications of Bioactive Materials in Orthopaedics to Drive Sustainable Growth of Bioactive Materials Market
Bioactive materials have become an imminent part of orthopaedics surgeries as they foster smooth transplant, repair, regeneration and reconstruction of cells. Such materials can significantly reduce the incidence of infections and are resistant to wear & tear bacterial microleakage, and moisture. As a result of this, key players in the bioactive materials market are adopting innovative methods to develop bioactive materials with the higher bone-bonding ability and different mechanical properties. Going forward, the orthopaedics field is expected to significantly benefit from these growing advancements in bioactive materials. Against this backdrop, the global bioactive materials market is expected to reach sound maturity in the upcoming years.
Burgeoning Sales of Bioactive Glass to Spur Outpaced Growth for Bioactive Materials Market
The sales of bioactive glass have gained significant momentum over the recent past. This is mainly attributed to its optimum biocompatibility and bioactivity as an implant material and great bonding abilities within the human body. Additionally, its higher functionality and compatibility have prompted its use in the replacement and repair of broken or damaged bones. In dentistry, its applications include dental restorative materials, mineralizing agents, a coating material for pulp capping, dental implants, root canal treatment, and air abrasion. Besides this, it is also used in orthopaedics surgeries and soft-tissue restoration. Due to this, the demand for bioactive glass will continue to grow, creating new revenue streams in the global bioactive materials market.
North America’s Bioactive Materials Market to Fortify Itself as a Key Region amid Growing Investments in Medical Technology
Advanced healthcare infrastructure, stable GDP growth per capita, and increased investments in medical technology are acting as a source of competitive advantage for North America’s bioactive materials market. An upsurge in cases of dental and orthopaedic surgeries is further influencing the demand for bioactive materials in the region. Furthermore, the rising geriatric population is creating an unabated demand for bioactive materials in efficient medical therapies for gum problems, and tooth decay. That said, the rising burden of arthritis among older individuals is also providing impetus to the regional market.
Leading Market Players
Some of the prominent players in the bioactive materials market include Zimmer Holdings Inc., Arthrex, DSM, Boston Scientific, Depuy Synthes, Bioretec Ltd., Stryker Corporation, Evonik, and Biomatlante.
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