NEW YORK, July 24, 2024 /PRNewswire/ -- The
global bioactive glass market size is estimated to grow by
USD 1.55 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a
CAGR of 21.48% during the forecast period. High demand for dental
care and cosmetic dentistry is driving market growth, with a trend
towards new product launches and approvals. However, stringent
regulations and product recalls of bioactive glass poses a
challenge. Key market players include Arthrex Inc., BioMin
Technologies Ltd., Bonalive Biomaterials Ltd., Curasan Inc.,
Vibrantz, GlaxoSmithKline Plc, Johnson and Johnson Services Inc.,
Koninklijke DSM NV, LASAK s.r.o., Matexcel, Merck KGaA, Mo-Sci
Corp., NanoFUSE Biologics LLC, NORAKER, NovaBone Products LLC,
Pulpdent Corp., SCHOTT AG, Stryker
Corp., Synergy Biomedical LLC, and Zimmer Biomet Holdings Inc..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Silicate-based
glass, Phosphate-based glass, and Borate-based glass), Application
(Medical, Dentistry, Cosmetics, and Others), and Geography (North
America, Europe, Asia, and Rest of World (ROW))
|
Region
Covered
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Key companies
profiled
|
Arthrex Inc., BioMin
Technologies Ltd., Bonalive Biomaterials Ltd., Curasan Inc.,
Vibrantz, GlaxoSmithKline Plc, Johnson and Johnson Services Inc.,
Koninklijke DSM NV, LASAK s.r.o., Matexcel, Merck KGaA, Mo-Sci
Corp., NanoFUSE Biologics LLC, NORAKER, NovaBone Products LLC,
Pulpdent Corp., SCHOTT AG, Stryker Corp., Synergy Biomedical LLC,
and Zimmer Biomet Holdings Inc.
|
Key Market Trends Fueling Growth
The bioactive glass market is witnessing significant growth due
to vendors introducing advanced products. In February 2022, Bonalive Orthopedics' S53P4
bioactive glass granules received a breakthrough device designation
from the FDA. This product, used for filling bony voids, protects
against microbial colonization and promotes bone regeneration. In
March 2022, Synergetics Corporation
launched BIOSPHERE FLEX SP Extremities, a collagen/sodium
hyaluronate carrier with spherical bioactive glass granules. These
innovations demonstrate the market's dynamic nature and are
expected to drive growth throughout the forecast period.
The Bioactive Glass market is experiencing significant growth in
various industries, particularly in Dental and Medical. This trend
is driven by the increasing demand for tissue engineering solutions
in Diabetic foot ulcers and Septic osteoporosis treatment.
Silicate-based glasses, such as 45S5 bioactive glass, are gaining
popularity due to their osteoconductive and biocompatible
qualities. These glasses promote biological reaction with living
tissues, leading to bone regeneration and wound healing. In the
Dental segment, hydroxyapatite implants and coatings are commonly
used in Orthopedic jaw surgeries and dental repair. The Orthopedics
segment also benefits from bioactive glasses in Osteomyelitis
treatment and Craniofacial procedures. The geriatric patient
population's ageing bones require advanced materials like bioactive
glasses for bone mineral density restoration. Bioactive glasses are
composed of silicon, calcium, and phosphorus, mimicking the mineral
structure of genuine bone. Customised formulations cater to
contemporary healthcare needs, making them a valuable addition to
conventional materials in Materials science. The biological
reaction between these glasses and physiological fluids results in
the regenerating processes essential for bone repair and dental
filling. Bioactive glasses offer unique advantages over
conventional materials, including their osteoconductive and
biocompatible qualities. These properties make them suitable for a
wide range of Orthopaedic and Dental applications. The future of
bioactive glasses lies in their potential role in Regenerative
medicine, making them a crucial investment for businesses in the
healthcare industry.
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Market Challenges
- The bioactive glass market is subject to various regulations
and potential product recalls, which can significantly impact
market growth. Strict regulatory frameworks require medical
products, including bioactive glass, to undergo rigorous safety and
efficacy evaluations before approval. Failure to comply with these
regulations can result in recalls, which may negatively affect
market growth. Sterility is a major concern for manufacturers and
suppliers of bioactive glass, as defective products can lead to
revision surgeries and negative health effects. Consequently, the
production and sale of bioactive glass are heavily regulated, and
any non-compliant product may face recalls, ultimately reducing
sales volume and market expansion during the forecast period.
- The Bioactive Glass market is experiencing significant growth
due to its applications in various medical sectors. Challenges such
as gum regeneration, coverings for artificial organs, and implants
in the neurological industry require biocompatible materials.
Bioactive Glass, a ceramic material, offers biodegradability and
biostability, making it an ideal choice. In the medical sector, it
is used for repairing bones and damaged tissue through implantation
and grafting. Bioactive Glass's high bioactivity makes it suitable
for use in medical devices and aids, including 3D printed implants
and coverings. Its biocompatibility ensures quicker healing and
integration with human tissues. In surgical operations, it is used
for hard and soft tissue regeneration, including bone structure
repair. The use of 3D printing technology in Bioactive Glass
production allows for customized implants and geometries, catering
to specific medical needs. Its heat resistance and crystallization
properties make it suitable for heating procedures. The challenges
of organ transplant and drug delivery pathways are addressed
through Bioactive Glass's biodegradability and ability to act as a
scaffold for tissue growth. Surgeons rely on Bioactive Glass for
its mechanical properties and high bioactivity, making it a
valuable tool in medical facilities for various medical procedures.
Its use in medical implants and medical aids offers a promising
future in the field of medical technology.
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Segment Overview
This bioactive glass market report extensively covers market
segmentation by
- Product
- 1.1 Silicate-based glass
- 1.2 Phosphate-based glass
- 1.3 Borate-based glass
- Application
- 2.1 Medical
- 2.2 Dentistry
- 2.3 Cosmetics
- 2.4 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Silicate-based glass- Silicate-based bioactive
glass is a valuable biomaterial used in dental and orthopedic
applications. In orthopedics, it is employed in the treatment of
various conditions such as fractures and dislocations in the lower
extremity, total and partial hip replacements, and spinal fusions.
During spinal fusion procedures following cervical and lumbar spine
surgeries, this glass delivers low-intensity electrical signals to
stimulate natural bone healing. In dentistry, the rising incidence
of oral diseases, including dental caries and periodontal diseases,
necessitates the use of dental implants. Bioactive glass,
particularly silicate-based, plays a crucial role in this context.
The increasing prevalence of oral diseases, caused by high sugar
consumption, inadequate fluoride exposure, and smoking, is expected
to fuel the demand for dental implants and, consequently, the
bioactive glass market during the forecast period.
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analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global glass insulators market is experiencing steady
growth, driven by increasing demand for reliable and durable
insulation solutions in power transmission and distribution
networks. Key players in the market are focusing on innovation and
enhancing product quality to meet stringent industry standards.
Growth trends indicate a rising adoption of glass insulators due to
their superior performance in extreme weather conditions and longer
lifespan compared to traditional materials. The market's expansion
is also supported by ongoing infrastructure development projects
and the modernization of electrical grids globally.
Research Analysis
The Bioactive Glass (BG) market encompasses a type of glass
material that interacts with biological fluids to form a bond with
living tissues. This market finds extensive applications in the
dental and medical industries for tissue engineering, bone
regeneration, and wound healing. BG is made of silicate-based
glasses, which include silicon, calcium, phosphorus, sodium, and
ceramic components. These glasses exhibit biodegradability and
biostability, making them ideal for medical sector applications. BG
is particularly useful in the dental industry for dental repair and
in the medical industry for diabetic foot ulcers and septic
osteoporosis treatment. In tissue engineering, BG promotes the
growth of osteoblasts, the cells responsible for bone formation, by
stimulating a biological reaction. The interaction between BG and
living tissues results in the formation of new bone and the
integration of medical devices and aids into the body. BG's unique
properties make it a valuable tool in surgical operations and
medical aids, including grafting and implants such as
hydroxyapatite implants. The market for BG continues to grow due to
its versatility and ability to promote the regeneration and healing
of human tissues.
Market Research Overview
The Bioactive Glass market is a significant segment in the
healthcare industry, gaining prominence in dental and medical
applications due to its unique properties. These glasses, primarily
silicate-based, mimic the mineral structure of living tissues,
promoting bone regeneration and wound healing. They are
biocompatible and osteoconductive, facilitating the growth of
osteoblasts and inhibiting the activity of osteoclasts. Bioactive
Glass finds extensive use in various healthcare sectors, including
orthopedics and dentistry. In orthopedics, it is used for
osteomyelitis treatment, orthopedic jaw surgeries, and bone plate
applications. In dentistry, it is used for tooth filling, dental
implants, and hydroxyapatite coating. The aging population and the
increasing prevalence of bone abnormalities, diabetic foot ulcers,
and septic osteoporosis are driving the demand for bioactive glass.
The market is witnessing significant growth due to the development
of customized formulations and the integration of 3D printing
technology for personalized implants and medication delivery
systems. Bioactive Glass is composed of silicon, calcium,
phosphorus, and sodium, closely resembling the mineral structure of
genuine bone. It interacts with physiological fluids to release
ions that stimulate biological reactions, leading to faster healing
and regeneration. The market for bioactive glass is vast, with
potential applications in nerve conduits, spinal cord damage, gum
regeneration, and even artificial organs. The market is expected to
grow further as researchers continue to explore the possibilities
of this versatile material in contemporary healthcare.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Silicate-based Glass
- Phosphate-based Glass
- Borate-based Glass
- Application
-
- Medical
- Dentistry
- Cosmetics
- Others
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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