Hydroxyapatite (HAp) Market by Type (Nano Size, Micro Size & Others), By Application (Orthopaedics, Dental, Plastic Surgery And Others), Regions And Global Forecast to 2027
Newark, NJ, May 19, 2022 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, The global hydroxyapatite market was expected to grow from USD 2.88 billion in 2019 to USD 4.73 billion by 2027, at a CAGR of 6.4% during the forecast period 2020-2027. The North American has the largest share of the hydroxyapatite market. It is expected to lead the HAp market in future as well. The Asia Pacific HAp market is anticipated to reach to the highest growth rate. The rising demand for HAp from countries such as Japan, China, and South Korea is pacing the growth of the Asia-Pacific market as these countries have the largest aged population. The Europe region is one of the primary producers of the HAp, as technology has been developed in nations like the UK, France, Netherlands & Portugal. In South American region the market is emerging and expected to occupy a significant chunk of the market share. The MEA region has lower growth rate as awareness and technology is still at introductory phase
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Some of the proficient participants of the HAp market are luidinova, Sofsera, Nanjing Emperor Nano Material, GE Healthcare, Sigmagraft, Bonesupport AB, Cam Bioceramics, Zimmer Biomet, CG Bio Inc., Granulab Sdn Bhd, Nano Interface Technology, CAM, Berkeley Advanced Biomaterials & Taihei Chemical Industrial Co. Ltd. These companies are mainly focused on the development of new technologies & devices; expand from their territories to grab the significant share of the global market.
Waitaki Biosciences a New Zealand based company, launched a new calcium form product to improve quality & bone health for post-menopausal women. They have also produced a lower peak calcium form compare to other forms of the calcium.
According to the type, the hydroxyapatite has segmented as nano size, micro size & other. But micro size hydroxyapatite has the most substantial share in this segment. The micro size HAp utilized as a substitute for allogenic & xenogeneic. It is also used for feeling the cavities & holes in teeth. The Nano size Haps are used to transplant small bones and to mostly to hill the tissues. The market for nano-sized still at the pace. On the basis of application, the HAp is segmented as dental, orthopaedics, plastic surgery and others. However, the orthopaedics is the leader of the application segment. Because HAps are heavily used in bone transplant & for hilling the tissue. Apart from that, plastic surgery is one of the leading segments with rising CAGR. The market for plastic surgery is expected to grow in the forecasted years.
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About the report:
The global hydroxyapatite market is analysed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.
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