Hydroxyapatite Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Hydroxyapatite Market is segmented by Type (Nano-sized, Micro-sized, and Greater than Micrometers), Application (Dental Care, Plastic Surgery, Orthopedic, and Other Applications), and Geography (North America, Asia-Pacific, Europe, South America, and Middle-East and Africa).

Market Snapshot

Hydroxyapatite Market Size
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >4 %
Hydroxyapatite Market Key Players

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Market Overview

The hydroxyapatite market is projected to register a CAGR of over 4% during the forecast period (2021-2026).

Due to the outstanding properties such as biocompatibility, bioactivity, osteoconductivity, non-toxicity, and non-inflammatory nature, hydroxyapatite has wide applications in orthopedic, dental care, plastic surgery, and others. Due to COVID 19, routine dental services were forced to close all over the world, and those that remained open were advised to limit treatment to urgent or emergency care only. Many orthopedic and dental surgeries were canceled and postponed due to the safety concerns raised by the pandemic. This suspension of routine care (dental, orthopedics, and plastic surgery) to save lives lead to the closure of many practices due to substantial financial impact. Owing to all these factors, COVID-19 has negatively impacted the hydroxyapatite market.

  • The major factor driving the growth of the hydroxyapatite market is the rising interest as a biomaterial for use in prosthetic applications.
  • On the flip side, unfavorable conditions arising due to the sudden outbreak of COVID-19 are anticipated to impact the growth of the market studied.
  • North America is expected to be the largest market for hydroxyapatite and its products globally during the forecast period.

Scope of the Report

The hydroxyapatite market is segmented by type, application, and geography. By type, the market is segmented into nano-sized, micro-sized, and greater than micrometers. By application, the market is segmented into dental care, plastic surgery, orthopedic, and other applications. The report also covers the market size of and forecasts for the hydroxyapatite market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Type
Nano-sized
Micro-sized
Greater than Micrometers
Application
Dental Care
Plastic Surgery
Orthopedic
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Orthopedic Segment to Dominate the Hydroxyapatite Market

  • Hydroxyapatite (HAp) is a fundamental calcium phosphate existing as the primary material of bones, teeth, and minerals, normally with high bi-affinity. Its composition promotes osseointegration between bone and orthopedic implants, allowing for the ultimate structural and functional connection. Because of its versatility, hydroxyapatite is becoming increasingly popular as an implant coating.
  • Because of the similar nature between nano-hydroxyapatite and mineralized bone, HAp powders have a high affinity to hard tissues, and they bond chemically with the host tissue bringing about improved biological performance. These items are utilized to produce bone graft substitutes, such as porous granules and block scaffolds for bone recovery.
  • With the improvement of nanotechnology, a significant effect on materials science has been taken note of. The use of nano-hydroxyapatite (nano-HAp) is on rising as a biomaterial in orthopedic applications because of its similarity in size, crystallography, and chemical composition with human hard tissue. Bones, to a great extent, are made of this type of mineral.
  • As of 2019, the entire knee orthopedic device market was evaluated to be worth around USD 45.5 billion, with spine and knee orthopedic gadgets representing the major share in the orthopedics business.
  • The high consumption area for hydroxyapatite is in the application of orthopedics. With the improvement of nanotechnology, the usage of nanomaterials has increased impressively for medical benefits, especially biomaterials, and hence the market is expected to propel in the coming years.
  • With the growing aged population and health issues in several countries across the world, the demand for orthopedic is expected to increase during the forecast period, thus, increasing the demand for hydroxyapatite.
  • According to Population Reference Bureau (PRB), Asia and Europe are home to some of the world’s oldest populations. At the top is Japan at 28%, followed by Italy at 23%. Finland, Portugal, and Greece round out the top five at just under 22%. Twelve percentage of China’s population ages 65 years or above. That share is 16 percent in the United States, 6 percent in India, and 3 percent in Nigeria. Also, the United Nations projects that there will be 366 million older Chinese adults by 2050, which is substantially more significant than the United States population in 2020.
  • All the aforementioned factors are expected to drive the demand for hydroxyapatite from the orthopedic application during the forecast period.
Hydroxyapatite Market Trends

North America Region to Dominate the Market Studied

  • The North American region holds a prominent share in the hydroxyapatite market globally and is expected to dominate the market during the forecast timeline due to high investment and better healthcare infrastructure.
  • In 2019, the United States alone was projected to have a health care budget amounting to USD 3.8 trillion, which was by far the highest in the world.
  • Income from the dental or oral care segment in the United States was expected to be USD 9.15 billion in 2020. It is anticipated to grow by around 3% annually.
  • With the increasing aged population and health issues, the demand for health care in the region is increasing. According to the United Nations Population Division, around 16% of the population in the United States was aged 65 years and above in 2020.
  • Thus, the rising demand from various segments is expected to drive the market studied in the region during the forecast timeframe.
Hydroxyapatite Market Growth

Competitive Landscape

The market for hydroxyapatite is partially fragmented. Some of the players in the market include APS Materials Inc., CAMBioceramics BV, FLUIDINOVA, SigmaGraft Inc., and Zimmer Biomet.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rising Interest in Prosthetic Applications

      2. 4.1.2 Increasing Demand from the Orthopedic Segment

    2. 4.2 Restraints

      1. 4.2.1 Unfavorable Conditions Arising Due to the COVID-19 Outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Nano-sized

      2. 5.1.2 Micro-sized

      3. 5.1.3 Greater than Micrometers

    2. 5.2 Application

      1. 5.2.1 Dental Care

      2. 5.2.2 Plastic Surgery

      3. 5.2.3 Orthopedic

      4. 5.2.4 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share(%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 APS Materials Inc.

      2. 6.4.2 Berkeley Advanced Biomaterials

      3. 6.4.3 CAM Bioceramics BV

      4. 6.4.4 FLUIDINOVA

      5. 6.4.5 Granulab

      6. 6.4.6 HOYA Technosurgical Corporation

      7. 6.4.7 SigmaGraft Inc.

      8. 6.4.8 SofSera Corporation

      9. 6.4.9 Taihei Chemical Industrial Co. Ltd

      10. 6.4.10 Zimmer Biomet

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Hydroxyapatite Market market is studied from 2016 - 2026.

The Hydroxyapatite Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

APS Materials, Inc. , CAMBioceramics B.V., FLUIDINOVA, SigmaGraft, Inc., Zimmer Biomet are the major companies operating in Hydroxyapatite Market.

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