Global Metal Implants and Medical Alloys Market: By Type: Titanium, Stainless Steel, Cobalt Chromium, Others; By Applications: Orthopaedic Applications, Cardiovascular Applications, Dental Applications, Craniofacial Implants, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis: Porter’s Five Forces Analysis: Key Players & Company Profile Analysis: Events and Developments

Global Metal Implants and Medical Alloys Market Key Insights:

Market Outlook

The metal implants and medical alloys market reached a value of almost USD 11.4 billion in 2019 and is further expected to expand at a CAGR of 9.5% globally in the forecast period of 2020-2025. 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.

Properties and Applications

The metal implants and medical alloys industry can be divided based on segments like types and applications.

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.

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.

Key Questions Answered in the Market Report:

• How has the global metal implants and medical alloys industry performed in the previous years (2015-2019)?
• What is the forecast assessment of the market for 2020-2025?
• What are the major drivers for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major constraints for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major demand indicators of the global market?
• What is the degree of competition in the global market?
• What are the major events and developments taking place within the industry globally?

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