the global Medical Grade Bioactive Glass market size is projected to reach USD 0.61 billion by 2029

Published Date: Tuesday,28 Nov,2023

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biaoQian Medical Grade Bioactive Glass

Medical Grade Bioactive Glass Market Summary

According to the new market research report “Global Medical Grade Bioactive Glass Market Report 2023-2029”, published by GlobalInfoResearch, the global Medical Grade Bioactive Glass market size is projected to reach USD 0.61 billion by 2029, at a CAGR of 4.5% during the forecast period.

  • Global Medical Grade Bioactive Glass MarketSize(US$ Million), 2018-2029

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Source: GlobalInfoResearch, “Global Medical Grade Bioactive Glass Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

The high demand for dental care and cosmetic dentistry has significantly driven the growth of the bioactive glass market. The high incidence of oral diseases such as periodontal disease can lead to tooth loss and infection. Therefore, there is a high demand for dental care technologies, such as dental implants, dental bridges, and dentures, to maintain oral care and treat dental problems. The advancement of dental technology, such as remote dentistry, digital X-rays, lasers, and the inclusion of dental insurance in the National Health Insurance Act, are factors driving market growth. This will increase the demand for bioactive glasses for dental implants and drive market growth during the forecast period.

Restraint:

The strict regulations and product recalls of bioactive glass are challenging the growth of the bioactive glass market. Government regulations and product recalls may affect supplier revenue, thereby affecting market growth. Regulatory agencies implement a strict regulatory framework for bioactive glass. Medical devices must undergo safety and effectiveness assessments before obtaining approval. Failure to comply with such regulations and laws may hinder the launch of new products, thereby having a negative impact on market growth. The sterility of bioactive glass is the main concern of manufacturers and distributors.

Opportunity:

The emerging trend in the global bioactive glass market includes increasing research and development activities to enhance the performance of bioactive glass in various applications such as wound healing, bone regeneration, and drug delivery. The development of bioactive glass scaffolds and coatings for tissue engineering applications is also receiving increasing attention. In addition, the demand for bioactive glass in the dental industry is constantly increasing, especially in toothpaste and dental fillers, which is a key trend. Adding bioactive glass to cosmetics and skincare products is another emerging trend driven by consumers' increasing preference for natural and sustainable ingredients.

 

  • Global Medical Grade Bioactive Glass Top13Players Ranking and Market Share(Continually updated

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Source: GlobalInfoResearch, “Global Medical Grade Bioactive Glass Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

According to GlobalInfoResearch Top Players Research Center, the global key manufacturers of Medical Grade Bioactive Glass include Zimmer Biomet Holdings, Inc., Stryker, etc. In 2022, the global top three players had a share approximately 44.0% in terms of revenue.

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