A bioactive material reacts with body tissue to elicit a biological response that results in the formation of a bond between the tissue and the material. These materials have a unique ability to react with tissues and fluids without causing any side effects. Therefore, they are deployed for the purpose of remodelling and repairing tissues. Moreover, owing to their regenerative properties, they have found their applications in endodontic procedures such as root canal treatments. Bioactive materials are also increasingly being used in nanomedicine, mechanical interlocks, and healing dental and bone tissues. In addition to this, these materials also have various dental applications such as teeth restoration, tooth remineralisation and pulp capping. As a result of these notable factors, the bioactive materials market is expected to experience robust growth in the coming years.
Bioactive Glass to Play Instrumental Role in Bioactive Materials Market Growth
Recent years have witnessed the growing adoption of bioactive glass. It has exceptional bonding abilities and is well-known for its optimum biocompatibility and bioactivity as an implant material. Apart from that, its high functionality and compatibility have prompted its substantial use in the replacement and repair of broken or damaged bones. Bioactive glass is also widely used to regenerate dental hard tissues, especially, on acid-affected skin by using ions such as phosphate and calcium. Consequently, the wide range of applications of bioactive glass is expected to steepen the growth curve for the global bioactive materials markets. Considering the broader growth prospects of bioactive materials, key players are looking forward to indulge in strategic collaborations, alliances, and partnerships to pace ahead of market competition. Such drastic steps are poised to further propel the bioactive materials market growth.
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Use of Bioactive Material in Surgical Procedures to Aid Market Expansion
Bioactive materials are extensively used in plastic surgery and body reconstruction. With the rise in the geriatric population, the demand for tissue replacement surgery have surged incessantly. Higher resilience and resistance to moisture, bacteria, and wear and tear has increased the adoption of bioactive materials in treatment of various ailments. The growing demand for bone replacement, organ failure procedures, and orthodontics is, hence, expected to boost the use of bioactive materials. The gradual rise in surgical procedures and increased use of bioactive materials in these procedures have gained significant prominence around the world. Such a landscape is projected to create tremendous value for the bioactive materials market, leading to the remarkable expansion of the global market.
North America to Sustain Dominance Amid Well-Established Healthcare Infrastructure
Consistent growth in GDP per capita, next-generation medical technology advancements, and better healthcare infrastructure is furnishing the base for growth of the bioactive materials market in North America. Additionally, the growing number of dental and orthopaedic surgeries and musculoskeletal diseases are further propelling the demand for bioactive materials in the region. Against such a favourable backdrop, the bioactive materials market is expected to exhibit a strong tendency for growth in the bioactive materials market in North America. On the other end, the market in emerging economies in Asia Pacific are exhibiting higher growth prospects. This can be attributed to the increasing incidence of cancer that is creating the need for nanomedicines, in turn, driving regional market growth.
Prominent Market Players
Some of the major market players in the bioactive materials market include Bioretec Ltd., Zimmer Holdings Inc., Boston Scientific, Arthrex, DSM, Depuy Synthes, Stryker Corporation, Evonik, and Biomatlante.
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