The global hydroxyapatite (HAp) market is estimated to observe
Newark, NJ, May 19, 2022 (GLOBE NEWSWIRE) — According to the report published by Fior Markets, the global hydroxyapatite market is expected to grow from $2.88 billion in 2019 to $4.73 billion by 2027, with a CAGR of 6.4% over the forecast period 2020-2027. North America holds the largest share of the hydroxyapatite market. It is also expected to dominate the HAP market in the future. The Asia-Pacific HAP market is expected to attain the highest growth rate. Rising demand for HAp from countries such as Japan, China, and South Korea is accelerating the growth of the Asia-Pacific market as these countries have the largest elderly population. The Europe region is one of the major producers of HAp, as the technology has been developed in countries such as the UK, France, the Netherlands and Portugal. In the South American region, the market is emerging and is expected to occupy a large share of the market share. The MEA region has a lower growth rate as awareness and technology are still in the introductory phase
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Some of the proficient participants in the HAp market are luidinova, Sofsera, Nanjing Emperor Nano Material, GE Healthcare, Sigmagraft, Bonesupport AB, Cam Bioceramics, Zimmer Biomet, CG Bio Inc., Granulab Sdn Bhd, Nano Interface Technology, CAM, Berkeley Advanced Biomaterials & Taihei Chemical Industrial Co.Ltd. These companies mainly focus on the development of new technologies and devices; expand from their territories to capture a significant share of the global market.
Waitaki Biosciences, a New Zealand-based company, has launched a new product in the form of calcium to improve bone quality and health in post-menopausal women. They also produced a lower peak form of calcium compared to the other forms of calcium.
Depending on the type, hydroxyapatite is segmented into nanometer, micrometer and other size. But micro size hydroxyapatite has the largest share in this segment. The micro-sized HAp used as a substitute for allogenic and xenogenic. It is also used to feel for cavities and holes in teeth. Nano-sized Haps are used to transplant small bones and especially to bulk up tissue. The nano-size market still on the pace. Based on application, the HAp is segmented into dental, orthopedics, plastic surgery, and others. However, orthopedics is the leader in the application segment. Because HAps are heavily used in bone grafting and for tissue padding. Apart from this, plastic surgery is one of the major segments with rising CAGR. The plastic surgery market is expected to grow over the forecasted years.
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About the report:
The global hydroxyapatite market is analyzed on the basis of value (USD billion). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.
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