The 2011 global medical ceramics market is estimated at $10.4 billion; the market is projected to increase at a compound annual growth rate (CAGR) of 3.5% (2007-2017) to reach $13.1 billion by 2017. Ceramic technology developments have contributed heavily to the development of implantable electronic devices. According to “Medical Ceramics - A Global Market Overview,” a new report from MarketResearch.com, biocompatibility and resistance to wear have made ceramic materials ideal for a range of medical implant applications, from artificial joints to implantable electronic sensors, stimulators and drug delivery devices.
Alumina and zirconia, among other ceramics, have been successful in holding up to the harsh environment of the human body. The report examines the market for aluminum oxide, zirconia, zirconia alumina and others. In addition, the report includes the market analysis for end-use application areas such as dental, orthopedic, implantable electronic devices, surgical and diagnostic instruments, and others.
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