Overview

Global Metal Implants and Medical Alloys Market Introduction 

The global metal implants and medical alloys market is estimated to value over 16.9 billion by 2026 end and register a CAGR of over 8.4% from the forecast period 2019-2026.

Global Metal Implants and Medical Alloys Market Overview

The rising demand for minimally invasive surgeries alongside a growing geriatric population globally is driving the market. Furthermore, the increasing number of trauma cases and road accidents are augmenting the market growth. Moreover, an increasing prevalence of chronic disorders and obese population is playing a major role in the expansion of the market. Technological advancements and product launches are spurring the market as well.

The market is bifurcated into type, applications, and region. In terms of type, titanium is expected to register the highest growth. Titanium offers high strength, biocompatibility, rigidity, corrosion, and greater strain-bearing capacity. It is also non-magnetic, non-radio opaque and non-allergic. Owing to these features and benefits, the demand for titanium has inflated, thus expanding the market. The titanium also sticks easily to the bone, thus eliminating the need for any extra additional coating. 

In terms of application, orthopaedic is expected to dominate the market due to rising cases of orthopedic disorders and increasing geriatric population globally. Rising cases of chronic diseases such as cardiovascular diseases, congenital disorders, osteoarthritis, and neuropathic diseases are driving the demand of the orthopedic segment. The advancements in medical products and innovative product launches are also boosting the market.

Regionally, North America is the global leader of the market. Rising healthcare expenditure alongside the presence of prominent players is driving the growth of the market. Moreover, initiatives taken by public and private healthcare sectors to promote advanced products is propelling the market in the region. Rise of the geriatric population and the emergence of chronic ailments is stimulating the market in the region.

Asia-Pacific region is predicted to be a lucrative region for manufacturers.  Rising healthcare expenditure alongside the rise in disposable income is boosting the presence of the market in the region. Improving healthcare infrastructure in countries like India and China is fueling the growth of the market as well.

Prominent players of the market are Ametek Specialty Products, QuesTek Innovations LLC, Royal DSM, Carpenter Technology Corporation, Aperam S.A, Fort Wayne Metals, ATI Specialty Alloys & Components, and Johnson Matthey Plc.

Global Metal Implants and Medical Alloys Market Segmentation

By Type

  • Titanium
  • Stainless Steel
  • Cobalt-Chromium
  • Other Metal Implants and Medical Alloys

By Application

  • Orthopaedic Applications
  • Joint Reconstruction Devices
  • Trauma Fixation Devices
  • Spinal Implant
  • Cardiovascular Applications
  • Stents
  • Implantable Cardioverter Defibrillators
  • Implantable Cardiac Pacemakers
  • Guidewires
  • Mechanical Heart Valves
  • Dental Applications
  • Dental Implants
  • Orthodontic Appliances
  • Metallic Bridges and Crowns 
  • Craniofacial Implants
  • Facial Implants
  • Cranial Implants
  • Neurological Applications

By Region

  • North America 
  • Europe
  • Asia Pacific 
  • Latin America 
  • Middle East & Africa

Competitive Landscape: 

  • Acquisitions, collaborations among prominent players and product launches are bolstering the market. Carpenter launched CARTECH PURIS 5+. It is a low-oxygen and high strength titanium power that provides optimization of powder strength and recyclability.  It also eliminates concerns regarding low oxygen powder and optimum standard strength requirement.
  • Carpenter Technology collaborated with Son & Co. and Samuel to provide additive manufacturing marketplace end-to-end supply chain

FutureWise Key Takeaways:

  • Growth Prospects
  • SWOT Analysis
  • Key Trends
  • Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global metal implants and medical alloys market by type, by application and by region 

•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

•    To evaluate and forecast micro-markets and the overall market 

•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East & Africa

•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

•    Profiling of companies to evaluate their market shares, strategies, financial and core competencies

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics