The hydroxyapatite market is expected to grow at a CAGR of over 4% during the forecast period. The major factor driving the growth of the hydroxyapatite market is the rising interest as a biomaterial for use in prosthetic applications. On the flip-side, unfavorable conditions arising due to the sudden outbreak of COVID-19 is anticipated to impact the growth of the market studied.

  • High consumption area for the hydroxyapatite is in the application of orthopedics. With the improvement of nanotechnology, the usage of nanomaterials have increased impressively for medical benefits, especially biomaterials, and hence the market is expected to propel in the coming years.
  • North America is expected to be the largest market for hydroxyapatite and its products globally during the forecast period.



Key Market Trends

Orthopedic Segment to Escalate the Hydroxyapatite Market

  • Hydroxyapatite (HAp) is a fundamental calcium phosphate existing as the primary material of bones, teeth, and mineral normally with high bi-affinity. its composition promotes osseointegration between bone and orthopedic implants, allowing for the ultimate in structural and functional connection. Because of its versatility, hydroxyapatite is becoming increasingly popular as an implant coating.
  • Because of the similar nature between nano-hydroxyapatite and mineralized bone, HAp powders have a high affinity to hard tissues and they bond chemically with the host tissue bringing about improved biological performance. These items are utilized in the producing bone graft substitutes, for example, porous granules and blocks scaffolds for bone recovery.
  • With the improvement of nanotechnology, a significant effect on materials science has been taken note. The use of nano-hydroxyapatite (nano-HAp) is on rise as a biomaterial in orthopedic applications because of its similarity in size, crystallography, and chemical composition with human hard tissue. Bones to a great extent are made of this type of mineral.
  • As of 2019, the entire knee orthopedic device market was evaluated to be worth around USD 45.5 billion with spine and knee orthopedic gadgets representing the major share in the orthopedics business.
  • All the aforementioned factors are expected to drive the demand for hydroxyapatite from orthopedic application during the forecast period.



North America Region to Dominate Hydroxyapatite Market

  • North America region holds a prominent share in the hydroxyapatite market globally and is expected to dominate the market during the forecast timeline due to high investment and better healthcare infrastructure.
  • In 2019, the United States alone is projected to have the health care budget amounting to USD 3.8 trillion which is by far the highest in the world.
  • Income from the dental or oral care segment in the United States is expected to be USD 9.15 billion in 2020. It is anticipated to grow by 2.65 annually.
  • Thus, rising demand from various segments is expected to drive the market studied in the region during the forecast timeframe.



Competitive Landscape

The market for hydroxyapatite is partially fragmented. Some of the players in the market include APS Materials, Inc, CAM Bioceramics B.V, FLUIDINOVA, SigmaGraft, Inc., and Zimmer Biomet.

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