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Hydroxyapatite Market | Present Scenario, Growth Prospects and Competition Analysis by 2033
The global hydroxyapatite market size is expected to grow from US$ 480.2 Million in 2022 to US$ 996.4 Million by 2032, exhibiting a CAGR of 7.6% throughout the forecast period (2022-2032). Rising demand from dental, orthopedic & surgical applications is key driving growth in the global hydroxyapatite market.
Over the years, there has been a sharp rise in demand for dental and orthopedic implants as a result of an aging global population and a surge in health problems, and this trend is likely to continue during the forecast period. Driven by this, sales of hydroxyapatite are slated to grow at a healthy pace over the next ten years.
Hydroxyapatite is primarily used in dental and orthopedic applications. Hydroxyapatite is a component of tooth enamel, cementum, and dentin. It aids in the remineralization of teeth and keeps teeth strong and healthy against enamel erosion and cavities.
Therefore, it is widely used in dental hygiene products and implants. Comparing hydroxyapatite to other calcium phosphates, it has been discovered that it is more structurally stable. As a result, it has been chosen by medical specialists as a preferred material for orthopedic implants.
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Who is Winning?
According to FMI analysis, FLUIDINOVA, SofSera Corporation, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., SigmaGraft, CAM Bioceramics, APS Materials, Inc., Zimmer Biomet, Bioceramics, Granulab (M) Sdn Bhd, Merz Biomaterials, Sangi Co., Ltd., and others are identified as the key manufacturers in the hydroxyapatite market.
These leading companies are continuously adopting strategies such as mergers, partnerships, agreements, collaborations, and the establishment of new manufacturing and distribution facilities to gain an upper hand in the global hydroxyapatite market.
More Insights into the Hydroxyapatite Market Report
In its latest report, Future Market Insights offers an unbiased analysis of the global hydroxyapatite market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032.
To understand the global market potential, growth, and scope, the market is segmented based on grade (medical, research & cosmetics), application (dental, orthopedics, biochemical research, surgical, bioceramic coatings, food, medicine & others), and region.
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