Strong Demand for Hydroxyapatite Projected through 2023
Drivers fueling hydroxyapatite market growth include an increasing geriatric population, healthcare expenditures and demand for medical implants.
The global market for hydroxyapatite is projected to expand at a CAGR of 5.9% between 2018 and 2023, reaching $2.2 billion in 2018 and almost $3 billion by 2023, according to a report available from Research and Markets. Drivers fueling market growth include an increasing geriatric population, healthcare expenditures and demand for medical implants.
Micro-sized hydroxyapatite is used in various orthopedic and dental care applications, including maxillofacial surgeries, oculo-orbital surgeries, and dermal fillers and implants. It also finds use in pharmaceutical applications for controlled delivery of genes and proteins to target tissues.
Nano-engineered micro-sized hydroxyapatite is expected to widen the application window and improve the performance of hydroxyapatite. In turn, improving performance and a widening application scope of micro-sized hydroxyapatite are anticipated to fuel growth in the micro-sized segment of the hydroxyapatite market during the forecast period.
Hydroxyapatite is widely used in enamel and dental care solutions in the oral care industry. It is one of the main components of teeth, accounting for 97% of enamel and 70% of dentin. In the dental care application, hydroxyapatite is generally preferred over fluoride for remineralization of teeth surfaces. Hydroxyapatite granules are used in various clinical dental practices, such as the reconstruction of periodontal bone defects; filling bone defects after cystectomy, apicoectomy, and the loss of dental implants; and increasing the thickness of atrophic alveolar ridges.
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