Bioactive Fillings Market Gains Momentum with A Striking CAGR of 9.2% by 2023
Acknowledging its growing popularity and the market growth, Market Research Future, recently published a study report – The Global Bioactive Fillings Market. Which indicates that the Market is booming and estimated to gain further prominence over the forecast period. Further MRFR asserts that the Market will demonstrate a massive growth by 2023, phenomenally superseding its previous growth records in terms of value with a whooping CAGR during the anticipated period. The World Bioactive Fillings Market research report is expected to reach USD 6.8 billion by 2023, and the market is projected to grow at a CAGR of ~ 9.2 % during the forecast period 2017-2023.report
Market Research Future published a cooked research report on “Global Bioactive Fillings Market - Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Highlights of Global Bioactive fillings Market:
Bioactive fillings market as the name suggests are bioactive materials and react with tissue surroundings as opposed to bio inert fillings resulting in biocompatability. These are also called bio glasses and have a glass-ceramic composition. Bioactive fillings are used as implant material in the human body to repair and replace diseased tissue.
The market drivers for global bioactive fillings market are rise in demand due to growing population and per capita income, technological advancements such as development of bio active fillings with market antibacterial activity, greater emphasis on restorative procedures, rising safety and success of bioactive fillings treatment, and others. The market restraints are poor mechanical weakness, low fracture resistance, poor load-bearing capacity and mechanical strength, possible toxicity, high cost of bioactive fillings treatment, rejection of the bioactive fillings and others.
Product development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to technological advancement in bio fillings and procedures. The development of antibacterial bioactive fillings with excellent efficacy and superior protection is also expected to drive the market. The growing application of bioactive fillings in the dentistry segment is expected to raise the market for bioactive materials. Market development is another strategy as there are a number of unmet needs in the developing regions such as India and China. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa
Key Players in the Global Bioactive fillings Market profiled in the report are: Septodont, Inc., DePuy Synthes, Medtronic, Stryker, Zimmer Biomet, SCHOTT AG, Aap Implantate AG, GNI GROUP LTD., Arthrex, Inc., Baxter, and others.
Market Segments:
The global bioactive fillings market has been segmented on the basis of material, applications and end user.
Based on the material, the market has been segmented as silicon dioxide based, calcium oxide based, phosphorus pentoxide based, and sodium oxide based.
Based on the applications, the market has been segmented as orthopedic, dental, tissue engineering and others.
Based on the end user, the market has been segmented as orthopedic hospitals, dental hospitals, research and academics and others.
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Regional Analysis:
The Americas account for a significant market share owing to high expenditure on the health care especially of the U.S. and Canada. Additionally, the greater number of restorative procedures in the U.S. and Canada drives the bioactive fillings market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgical restoration segment procedures in the returns of hospitals favors the market. The large number of medical devices companies in the U.S. is also a cause for the faster development of bioactive fillings market in the US.
Europe is the second largest market in the world due to growing medical devices industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large medical devices industry and its large research base.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period. The South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future bioactive fillings market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub Saharan Africa.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Bioactive fillings Market” Research Report – Forecast till 2023.
Major Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Bioactive Fillings Market, By Material
Chapter 7. Global Bioactive Fillings Market, By Applications
Chapter 8. Global Bioactive Fillings Market, By End-User
Chapter 9. Global Bioactive Fillings Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12. MRFR Conclusion
Chapter 13. Appendix
...CONTINUED
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