Press Release

United States Hydroxyapatite Market to Grow with a CAGR of 5.48% through 2028

Surge in technological advancements is expected to drive the United States Hydroxyapatite Market growth in the forecast period, 2024-2028

 

According to TechSci Research report, “United States Hydroxyapatite Market – By Region, Competition, Forecast and Opportunities, 2018-2028”, the United States Hydroxyapatite Market stood at USD391.03 million in 2022 and is anticipated to grow with a CAGR of 5.48% in the forecast period, 2023-2028. The initiatives taken by government based on hydroxyapatite has led to favorable market conditions for the United States Hydroxyapatite Market. Several factors contribute to the growth of various hydroxyapatite products.

The National Science and Technology Development Agency (NSTDA) and Chulalongkorn University in Thailand have collaborated to introduce a revolutionary nano-hydroxyapatite toothpaste, specifically formulated to cater to the dental needs of children. This groundbreaking development highlights the growing recognition and appreciation of hydroxyapatite's remarkable effectiveness in oral care, especially for the young ones who deserve the best dental hygiene products available in the market.

In a significant stride towards advancing the field of dentistry, the esteemed Code Maintenance Committee has recently approved four new codes that align with the American Dental Association's progressive policy on the role of dentistry. While these codes may not specifically focus on hydroxyapatite, they play a pivotal role in laying the foundation for its wider acceptance and integration into dental procedures. This positive momentum sets the stage for the future of dentistry, opening doors to embrace innovative materials like hydroxyapatite and explore their potential benefits in oral healthcare.

Recognizing the importance of ensuring the safety and efficacy of hydroxyapatite coated orthopedic implants, the U.S. Food and Drug Administration (FDA) has taken a proactive approach by providing comprehensive guidance to manufacturers. This guidance outlines the essential information required for the proper development and evaluation of hydroxyapatite coated implants, reinforcing their reliability, and promoting their utilization in orthopedic procedures. By upholding stringent regulatory standards, the FDA contributes to the advancement of orthopedic medicine, ensuring patients receive the best possible treatment options with utmost care and confidence.

 

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Technological advancements have paved the way for innovative applications of hydroxyapatite, particularly in healthcare and biotechnology. For instance, the introduction of hydroxyapatite-coated femoral components has significantly enhanced the success rate of orthopedic implants. These coatings facilitate superior integration with body tissues, ensuring the long-term functionality of the implants.

Furthermore, the emergence of nanotechnology has played a pivotal role in the expansion of the hydroxyapatite market. Nano-sized hydroxyapatite particles exhibit enhanced bioactivity and biocompatibility, making them highly suitable for applications in bone grafting, dental implants, and cosmetics.

Moreover, technological advancements have also fostered the development of novel hydroxyapatite-infused products. For instance, hydroxyapatite is now utilized in toothpastes and skincare products owing to its protective and remineralizing properties.

The United States Hydroxyapatite Market is segmented into type, application, regional distribution, and company

Based on its application, the Orthopedic segment held the largest share in the market. The rise in the number of healthcare services, along with growing health concerns in both the upper-class and middle-class populations, has contributed to the increased demand for hydroxyapatite. This versatile compound finds extensive use in the coating of medical devices for knee and hip surgeries, further driving market growth. Additionally, in the dental care segment, hydroxyapatite has gained significant popularity as a fluoride substitute in toothpaste and other dental products. Its effectiveness in enamel remineralization surpasses that of saliva and other compounds, making it a preferred choice for oral health maintenance. The unique properties of hydroxyapatite make it an indispensable component in the field of healthcare and dentistry.

Based on region, Midwest segment is expected to grow during the forecast period. 

Hydroxyapatite, a calcium phosphate compound, finds extensive applications in ocular implants, non-integrated implants, and dental surgeries, particularly in countries like the U.S. and Canada. The demand for hydroxyapatite is driven by various factors, including technological advancements and the rise in disposable income among the middle-class population, especially in Midwest. Additionally, the region boasts a significant presence of chemical compound manufacturers such as American Elements and Merz Pharma GmbH, offering high-purity hydroxyapatite (95-99%).

 

Major companies operating in United States Hydroxyapatite Market are:

  • Sofsera Corporation
  • Taihei Chemical Industrial Co. Ltd
  • Cam Bioceramics BV
  • APS Materials Inc.
  • Granulab (M) Sdn Bhd
  • Berkeley Advanced Biomaterials Inc.
  • Zimmer Biomet Holdings Inc
  • CG Bio Inc.
  • Bio-Rad Laboratories Inc.
  • Fluidinova S.A.

 

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“Growing application of hydroxyapatite in various end user industries are key drivers of the hydroxyapatite market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of hydroxyapatite with every passing year are anticipated to register an impressive growth to United States Hydroxyapatite Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

United States Hydroxyapatite Market Segmented By Type (Nano-Sized, Micro-Sized, Greater than Micrometer), By Application (Orthopedic, Plastic Surgery, Dental Care, Others), By Region, Competition, Forecast and Opportunities, 2018-2028”, has evaluated the future growth potential of United States Hydroxyapatite Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Hydroxyapatite Market.

 

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