- Dental implants are the largest market segment
- Dental implants are expensive, but permanent solution to tooth loss
- Active Implants names new CEO
In 2016, the global medical-ceramics market was valued at $4.2 billion and was equal to 31.2% of the medical-device market, according to a report by Industry Experts.
Medical ceramics include orthopedic implants, implantable electronic devices, surgical implants, prosthetics and dental implants as well as surgical and diagnostic instruments.
The largest segment of the market is dental implants. This year, the demand for dental implants is forecasted to reach $4.5 billion. By 2022, the market will reach $6.2 billion, growing at compound annual growth rate (CAGR) of 6.7%.
Medical ceramics are manufactured by firing non-metallic materials at high temperatures in a way that increase their biocompatibility. Alumina and zirconia are the two most common materials.
Bioinert ceramics are used in dental and orthopedic implants and bone-tissue applications because they can be used in areas likely to maintain rapid growth and they are biocompatible, non-toxic, non-inflammatory, non-allergic, non-carcinogenicity and bio-functional.
Are Dental Implants Cost Effective?
Annually, 2.3 million dental implants are manufactured, according to the National Institute of Dental and Craniofacial Research. They are one of two options for the 178 million people with partial or complete tooth loss. The other option is dentures, including bridges.
Dental implants are permanent and look like natural teeth. However, they cost an average of $3,000 a tooth. Full-mouth replacement can cost as much as $45,000.
Implants cost more upfront than dentures but, unlike dentures, they are not replaced over time.
The implants aren’t always covered by insurance, which could make their use a hardship on patients who must either forego the implants or seek funding.
Despite the fact less people are experiencing tooth loss than they were 40 years ago, in the U.S. alone, there are half a million new implant patients daily.
Some patients seek implants for cosmetic purposes to correct teeth lost to injury. Many others have lost teeth to periodontal disease. In 2008, 75% of adult Americans had some degree of gum disease, according to the American Dental Hygienists’ Association.
The success rate for implants is 95%.
American orthopedic implant manufacturer Active Implants named Ted Davis its new president and CEO in February.
Davis previously served as president of Wright Medical Technology and MicroPort Orthopedics.
“We have an opportunity to fulfill a significant unmet need in the orthopedic market here in the U.S. and worldwide, helping the millions of patients with persistent knee pain following meniscectomy,” Davis said in a press release.
Active Implants manufactures NUsurface Meniscus Implant which is an investigational treatment for people who have persistent knee pain following surgery.
- The three types of medical ceramics are bioactive, bioinert and bioresorbable,
- Bioinert is the largest and fastest growing type.
- The two most widely used bioinert ceramics are Zirconia (ZrO2) and alumina (Al2O3) because of their chemical stability.