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The Global Hydroxyapatite Market Growth Accelerated By Increased Demand From Dental Applications

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Leena Shedmake
The Global Hydroxyapatite Market Growth Accelerated By Increased Demand From Dental Applications

Hydroxyapatite is widely used as synthetic bone grafts and implants in dental and orthopaedic procedures owing to its excellent biocompatibility and bioactivity. It has emerged as a potential alternative to autografts due to its osteoconductive properties that facilitate natural bone formation. Hydroxyapatite bone grafts and coatings aid in enhancing the rate of new bone formation and reduce healing time. The increasing demand for dental procedures such as dental implants, bone regeneration, and periodontal defect regeneration has been a major factor driving the growth of the global hydroxyapatite market.

The global hydroxyapatite market is estimated to be valued at US$ 2396.9 Mn in 2023 and is expected to exhibit a CAGR of 6.52% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:

The demand for dental applications has been steadily rising over the past few years. Hydroxyapatite has numerous advantages over metallic and polymeric biomaterials that are commonly used in dental implants due to its excellent biocompatibility, hardness and crystal structure similar to bone minerals. Owing to its osteoconductive properties and ability to bond chemically with bone tissues, hydroxyapatite coatings help to achieve faster and stronger integration of dental implants with the jawbone compared to uncoated surfaces. This has significantly increased the preference for hydroxyapatite among dentists and surgeons for numerous dental procedures including dental bone grafts.


Segment Analysis


The global hydroxyapatite market is segmented based on type and application. Based on type, the market is segmented into nano-sized, micro-sized, and greater than micrometer. The nano-sized hydroxyapatite segment dominated the market in 2023 and is expected to continue its dominance throughout the forecast period. Nano-sized hydroxyapatite has better osteoconductive and osseointegrative properties compared to micro and greater than micrometer sized hydroxyapatite. This makes it a preferred material for applications in orthopedics and dentistry.


Key Takeaways


The Global Hydroxyapatite Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. The market size is projected to grow from US$ 2396.9 Mn in 2023 to US$ 5123.4 Mn by 2030, registering a CAGR of 6.52% during the forecast period.


Regional analysis shows that Asia Pacific region presently dominates the global hydroxyapatite market and is expected to continue its dominance through 2030. Factors such as rising demand from medical industries in countries like India and China, growing geriatric population, and increasing incidence of orthopedic diseases and injuries are fueling the growth of the hydroxyapatite market in the Asia Pacific region.


Key players operating in the hydroxyapatite market are Aetna, AmeriHealth, Lynn Community Health Center, CHAS Health, Cigna, Siemens Healthcare GmbH, NextGen Healthcare, Athena Healthcare, NextStep Solutions, and Genpact Limited. Players are focusing on new product launches, strategic partnerships and acquisitions to gain greater market share. For instance, in 2023, Siemens Healthcare launched innovative nano-crystalline hydroxyapatite bone graft substitutes for orthopedic surgery and trauma applications. Similarly, Athena Healthcare acquired Genpact's US payer business in a strategic move to expand its footprint in the healthcare industry.

 

Explore more information on this topic, Please visit- 

https://www.marketwebjournal.com/hydroxyapatite-market-share-size-and-growth-share-trends-analysis-demand-forecast/ 

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