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Global Metal Implants and Medical Alloys Market Size, Growth, Forecast: By Type: Titanium, Stainless Steel, Cobalt- Chromium Alloys, Others; By Applications: Orthopedic Reconstruction Surgeries, Cardiovascular Applications, Trauma Fixation Devices, Dental Applications, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032
Global Metal Implants and Medical Alloys Market Outlook
The metal implants and medical alloys market reached a value of almost USD 14.97 billion in 2023 and is further expected to expand at a CAGR of 9.5% globally in the forecast period of 2024-2032.
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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 | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Applications |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
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| 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
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Metal Implants and Medical Alloys Market Overview
3.1 Global Metal Implants and Medical Alloys Market Historical Value (2017-2023)
3.2 Global Metal Implants and Medical Alloys Market Forecast Value (2024-2032)
4 Global Metal Implants and Medical Alloys Market Landscape
4.1 Global Metal Implants and Medical Alloys Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Metal Implants and Medical Alloys Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Applications
4.2.3 Analysis by End User
5 Global Metal Implants and Medical Alloys Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Metal Implants and Medical Alloys Market Segmentation
6.1 Global Metal Implants and Medical Alloys Market by Type
6.1.1 Market Overview
6.1.2 Titanium
6.1.3 Stainless Steel
6.1.4 Cobalt- Chromium Alloys
6.1.5 Others
6.2 Global Metal Implants and Medical Alloys Market by Applications
6.2.1 Market Overview
6.2.2 Orthopedic Reconstruction Surgeries
6.2.2.1 Knee Reconstruction
6.2.2.2 Shoulder Reconstruction
6.2.2.3 Joint Reconstruction
6.2.2.4 Hip Reconstruction
6.2.2.5 Others
6.2.3 Cardiovascular Applications
6.2.3.1 Defibrillators
6.2.3.2 Pacemakers
6.2.3.3 Stents
6.2.3.4 Mechanical Heart Valves
6.2.3.5 Guidewires
6.2.4 Trauma Fixation Devices
6.2.4.1 Metal Plates & Screws
6.2.4.2 Wires
6.2.4.3 Nails & Rods
6.2.5 Dental Applications
6.2.5.1 Metal Bridges
6.2.5.2 Dental Implants
6.2.5.3 Orthodontic Application
6.2.6 Spinal Implant
6.2.6.1 Motion Preservation Devices
6.2.6.2 Vertebral Compression Fracture Devices
6.2.6.3 Spinal Decompression Devices
6.2.7 Cranio-facial surgeries
6.2.8 Neurological surgeries
6.3 Global Metal Implants and Medical Alloys Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Homecare
6.3.4 Ambulatory Surgical Centers
6.3.5 Others
6.4 Global Metal Implants and Medical Alloys Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Metal Implants and Medical Alloys Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Metal Implants and Medical Alloys Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Metal Implants and Medical Alloys Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Metal Implants and Medical Alloys Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Metal Implants and Medical Alloys Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding and Investment Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Carpenter Technology Corporation
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Aperam S.A.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Materion Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Supra Alloys Inc.
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Questek Innovations LLC
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Ametek Specialty Metal Products
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 ATI Specialty Alloys & Components
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Fort Wayne Metals
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Johnson Matthey Plc.
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Royal DSM
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
18 Global Metal Implants and Medical Alloys Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
In 2023, the global metal implants and medical alloys market attained a value of nearly USD 14.97 billion.
The market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
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 14.97 billion in 2023, 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 2024-2032, 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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