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Global Metal Implants and Medical Alloys Market: By Type: Titanium, Stainless Steel, Cobalt Chromium, Others; By Applications: Orthopaedic Applications, Cardiovascular Applications, Dental Applications, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Metal Implants and Medical Alloys Market Outlook
The metal implants and medical alloys market reached a value of almost USD 11.4 billion in 2020 and is further expected to expand at a CAGR of 9.5% globally in the forecast period of 2023-2028.
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The orthopaedic applications segment, among others, is anticipated to grow at the fastest rate owing to the growing geriatric population, advances in medical technology, and the increasing incidences of chronic diseases such as osteoarthritis, cardiovascular diseases, neuropathic illnesses, and congenital disorders.
Market Segmentation
The metal implants and medical alloys industry can be divided based on segments like types and applications.
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The market is divided on the basis of its type into titanium, stainless steel, and cobalt chromium, among others. The market is broadly categorised based on its application into:
- Orthopaedic Applications
- Joint Reconstruction Devices
- Trauma Fixation Devices
- Spinal Implants
- 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
- Others
The EMR report looks into the regional metal implants and medical alloys markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Market Analysis
The rising geriatric and obese populations, the increasing number of road accidents and trauma cases globally, the growing demand for minimally invasive surgical procedures, and the increasing incidences of lifestyle disorders are some of the major factors accelerating the growth of the global metal implants and medical alloys industry. The titanium metal implants and medical alloys segment is anticipated to experience the highest growth rate over the forecast period, among other types, owing to its benefits such as high biocompatibility, strength, rigidity, higher strain-bearing ability, and corrosion resistance characteristics in comparison to other metals. It is in nature, non-allergic, non-magnetic, and non-radio-opaque and easily adheres to the bone without an extra layer. However, the high cost of metal implants and the shortage of skilled surgeons are some of the drawbacks due to which the growth of the market may get affected over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global metal implants and medical alloys market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Carpenter Technology Corporation
- Aperam S.A.
- Materion Corporation
- Supra Alloys Inc.
- Questek Innovations LLC
- Ametek Specialty Metal Products
- ATI Specialty Alloys & Components
- Fort Wayne Metals
- Johnson Matthey PLC.
- Royal DSM
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Applications, Region |
| Breakup by Type | Titanium, Stainless Steel, Cobalt Chromium, Others |
| Breakup by Applications | Orthopaedic Applications, Cardiovascular Applications, Dental Applications, Craniofacial Implants, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Carpenter Technology Corporation, Aperam S.A., Materion Corporation, Supra Alloys Inc., Questek Innovations LLC, Ametek Specialty Metal Products, ATI Specialty Alloys & Components, Fort Wayne Metals, Johnson Matthey PLC, Royal DSM, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Metal Implants and Medical Alloys Market Analysis
8.1 Key Industry Highlights
8.2 Global Metal Implants and Medical Alloys Historical Market (2018-2022)
8.3 Global Metal Implants and Medical Alloys Market Forecast (2023-2028)
8.4 Global Metal Implants and Medical Alloys Market by Type
8.4.1 Titanium
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Stainless Steel
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Cobalt Chromium
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Metal Implants and Medical Alloys Market by Applications
8.5.1 Orthopaedic Applications
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Joint Reconstruction Devices
8.5.1.4.2 Trauma Fixation Devices
8.5.1.4.3 Spinal Implants
8.5.2 Cardiovascular Applications
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.2.4 Breakup by Type
8.5.2.4.1 Stents
8.5.2.4.2 Implantable Cardioverter Defibrillators
8.5.2.4.3 Implantable Cardiac Pacemakers
8.5.2.4.4 Guidewires
8.5.2.4.5 Mechanical Heart Valves
8.5.3 Dental Applications
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.3.4 Breakup by Type
8.5.3.4.1 Dental Implants
8.5.3.4.2 Orthodontic Appliances
8.5.3.4.3 Metallic Bridges and Crowns
8.5.4 Craniofacial Implants
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.4.4 Breakup by Type
8.5.4.4.1 Facial Implants
8.5.4.4.2 Cranial Implants
8.5.5 Others
8.6 Global Metal Implants and Medical Alloys Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Carpenter Technology Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Aperam S.A.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Materion Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Supra Alloys Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Questek Innovations LLC
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Ametek Specialty Metal Products
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 ATI Specialty Alloys and Components
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Fort Wayne Metals
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Johnson Matthey PLC
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio
11.2.9.3 Demographic Reach and Achievements
11.2.9.4 Certifications
11.2.10 Royal DSM
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio
11.2.10.3 Demographic Reach and Achievements
11.2.10.4 Certifications
11.2.11 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Metal Implants and Medical Alloys Market: Key Industry Highlights, 2018 and 2028
2. Global Metal Implants and Medical Alloys Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Metal Implants and Medical Alloys Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Metal Implants and Medical Alloys Historical Market: Breakup by Applications (USD Million), 2018-2022
5. Global Metal Implants and Medical Alloys Market Forecast: Breakup by Applications (USD Million), 2023-2028
6. Global Metal Implants and Medical Alloys Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Metal Implants and Medical Alloys Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Metal Implants and Medical Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Metal Implants and Medical Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Metal Implants and Medical Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Metal Implants and Medical Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Metal Implants and Medical Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Metal Implants and Medical Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Metal Implants and Medical Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Metal Implants and Medical Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Metal Implants and Medical Alloys Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Metal Implants and Medical Alloys Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Metal Implants and Medical Alloys Market Structure
Key Questions Answered in the Report
In 2020, the global metal implants and medical alloys market attained a value of nearly USD 11.4 billion.
The market is projected to grow at a CAGR of 9.5% between 2021 and 2026.
The major drivers of the market include rising geriatric and obese populations, the increasing number of road accidents and trauma cases.
Growing demand for minimally invasive surgical procedures, and the increasing incidences of lifestyle disorders are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of the product include titanium, stainless steel, and cobalt chromium, among others.
The largest application segment of the market is the orthopaedic sector.
The major players in the industry are Carpenter Technology Corporation, Aperam S.A., Materion Corporation, Supra Alloys Inc., Questek Innovations LLC, Ametek Specialty Metal Products, ATI Specialty Alloys & Components, Fort Wayne Metals, Johnson Matthey PLC., and Royal DSM, among others.
Analyst Review
The global metal implants and medical alloys market attained a value of USD 11.4 billion in 2020, driven by the rising geriatric population. Aided by the growing demand for minimally invasive surgeries, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The product types include titanium, stainless steel, and cobalt chromium, among others. On the basis of applications, the industry is divided into orthopaedic applications, cardiovascular applications, and dental applications, among others. The major regional markets for metal implants and medical alloys are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Carpenter Technology Corporation, Aperam S.A., Materion Corporation, Supra Alloys Inc., Questek Innovations LLC, Ametek Specialty Metal Products, ATI Specialty Alloys & Components, Fort Wayne Metals, Johnson Matthey PLC., and Royal DSM, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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