Hydroxyapatite is chemically similar to hard tissues in mammals as well as mineral component of bones. Hydroxyapatite is classed as bioactive – it will support bone ingrowth and Osseo integration when used in orthopedic, dental, and maxillofacial applications.
Rising demand for hydroxyapatite, owing to increasing demand for dental implants is a factor expected to drive growth of the global hydroxyapatite market over the forecast period. In addition, growing demand for hydroxyapatite, owing to increasing research and development activities to increase its applicability in medical industry is another factor expected to propel growth of the market in near future. However, low mechanical strength of hydroxyapatite is a factor expected hamper growth of the target market in the near future.
The global hydroxyapatite market has been segmented on basis of type, application, and region. On the basis of, type the target market is segmented into nano-sized, micro-sized, and greater than micrometers. Micro-sized segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to increasing use as an alternative to allogeneic and xenogeneic bone grafts. It is also used as a bone cement to fill voids in bones and teeth. On the basis of application global hydroxyapatite market is segmented into orthopedic, dental care, and plastic surgery.
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Based upon region global hydroxyapatite market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in North America is estimated to be highest share in terms of revenue, owing to increasing demand for hydroxyapatite from medical sector, in the region. The market in Asia Pacific is expected to register significant growth in terms of revenue, owing to increasing aging population in the region over the forecast period. In addition, growing awareness among individuals about advantages of dental bone grafting is another factor expected propel growth of the target market in the near future.
Key players operating in the global hydroxyapatite market include Berkeley Advanced Biomaterials Inc., CAM Bioceramics B. V., FLUIDINOVA Engenharia de Fluídos, S.A., SigmaGraft, SofSera Corp, Taihei Chemical Industrial Co. Ltd., Bio-Rad Laboratories, Inc., Bonesupport AB, GE Healthcare Inc., and Zimmer Biomet Holdings, Inc.