The global medical grade titanium materials market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for titanium in medical devices and implants, as well as its use in bone plates. Titanium is used in various medical devices such as orthopedic implants, surgical instruments, and dental implants. It is also used in bone plates due to its high strength-to-weight ratio and corrosion resistance properties.
North America accounted for the largest share of the global medical grade titanium materials market in 2018 owing to a large number of hospitals located there that use titanium products extensively for surgeries and other treatments. Europe followed North America with a share of 27%. Asia Pacific was third with a share of 18%. Latin America accounted for 12% while Middle East & Africa had an 8% share respectively.
Some Of The Growth Factors Of This Market:
- Titanium is a strong, lightweight metal that is resistant to corrosion and has a low density.
- Titanium is used in the aerospace industry for its strength and light weight properties.
- The medical grade titanium market will grow as more people are diagnosed with cancer, diabetes, and other diseases that require surgical procedures or implants to treat them.
- The medical grade titanium market will also grow as more people live longer due to advances in healthcare treatments and technologies such as artificial joints or pacemakers which require titanium parts for their construction.
- The medical grade titanium market will also grow as more people are diagnosed with cancer, diabetes, and other diseases that require surgical procedures or implants to treat them.
Industry Growth Insights published a new data on “Medical Grade Titanium Materials Market”. The research report is titled “Medical Grade Titanium Materials Market research by Types (Titanium 6AL4V, Titanium 6AL4V ELI, Others), By Applications (Medical Device, Implants, Bone Plate, Other), By Players/Companies Alcoa, ATI, AMETEK, Puris, DAIDO STEEL, KYOCERA Medical Corporation, Carpenter Technology, Hermith GmbH, Westen Super Conducting, XSMA, Western Metal Materials”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Titanium Materials Market Research Report
By Type
Titanium 6AL4V, Titanium 6AL4V ELI, Others
By Application
Medical Device, Implants, Bone Plate, Other
By Companies
Alcoa, ATI, AMETEK, Puris, DAIDO STEEL, KYOCERA Medical Corporation, Carpenter Technology, Hermith GmbH, Westen Super Conducting, XSMA, Western Metal Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Titanium Materials Market Report Segments:
The global Medical Grade Titanium Materials market is segmented on the basis of:
Types
Titanium 6AL4V, Titanium 6AL4V ELI, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Device, Implants, Bone Plate, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- ATI
- AMETEK
- Puris
- DAIDO STEEL
- KYOCERA Medical Corporation
- Carpenter Technology
- Hermith GmbH
- Westen Super Conducting
- XSMA
- Western Metal Materials
Highlights of The Medical Grade Titanium Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Titanium 6AL4V
- Titanium 6AL4V ELI
- Others
- By Application:
- Medical Device
- Implants
- Bone Plate
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Grade Titanium Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical grade titanium is a type of titanium that has been specifically designed for medical use. It is often used in implants and other medical devices, because it is strong and durable.
Some of the key players operating in the medical grade titanium materials market are Alcoa, ATI, AMETEK, Puris, DAIDO STEEL, KYOCERA Medical Corporation, Carpenter Technology, Hermith GmbH, Westen Super Conducting, XSMA, Western Metal Materials.
The medical grade titanium materials market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Grade Titanium Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Grade Titanium Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Grade Titanium Materials Market - Supply Chain
4.5. Global Medical Grade Titanium Materials Market Forecast
4.5.1. Medical Grade Titanium Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Grade Titanium Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Grade Titanium Materials Market Absolute $ Opportunity
5. Global Medical Grade Titanium Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Grade Titanium Materials Market Size and Volume Forecast by Type
5.3.1. Titanium 6AL4V
5.3.2. Titanium 6AL4V ELI
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Grade Titanium Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Grade Titanium Materials Market Size and Volume Forecast by Application
6.3.1. Medical Device
6.3.2. Implants
6.3.3. Bone Plate
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Grade Titanium Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Grade Titanium Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Grade Titanium Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Grade Titanium Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Grade Titanium Materials Demand Share Forecast, 2019-2026
9. North America Medical Grade Titanium Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Grade Titanium Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Grade Titanium Materials Market Size and Volume Forecast by Application
9.4.1. Medical Device
9.4.2. Implants
9.4.3. Bone Plate
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Grade Titanium Materials Market Size and Volume Forecast by Type
9.7.1. Titanium 6AL4V
9.7.2. Titanium 6AL4V ELI
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Grade Titanium Materials Demand Share Forecast, 2019-2026
10. Latin America Medical Grade Titanium Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Grade Titanium Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Grade Titanium Materials Market Size and Volume Forecast by Application
10.4.1. Medical Device
10.4.2. Implants
10.4.3. Bone Plate
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Grade Titanium Materials Market Size and Volume Forecast by Type
10.7.1. Titanium 6AL4V
10.7.2. Titanium 6AL4V ELI
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Grade Titanium Materials Demand Share Forecast, 2019-2026
11. Europe Medical Grade Titanium Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Grade Titanium Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Grade Titanium Materials Market Size and Volume Forecast by Application
11.4.1. Medical Device
11.4.2. Implants
11.4.3. Bone Plate
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Grade Titanium Materials Market Size and Volume Forecast by Type
11.7.1. Titanium 6AL4V
11.7.2. Titanium 6A4V ELI
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Grade Titanium Materials Demand Share, 2019-2026
12. Asia Pacific Medical Grade Titanium Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Grade Titanium Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Grade Titanium Materials Market Size and Volume Forecast by Application
12.4.1. Medical Device
12.4.2. Implants
12.4.3. Bone Plate
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Grade Titanium Materials Market Size and Volume Forecast by Type
12.7.1. Titanium 6AL4V
12.7.2. Titanium 6AL4V ELI
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Grade Titanium Materials Demand Share, 2019-2026
13. Middle East & Africa Medical Grade Titanium Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Grade Titanium Materials Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Grade Titanium Materials Market Size and Volume Forecast by Application
13.4.1. Medical Device
13.4.2. Implants
13.4.3. Bone Plate
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Grade Titanium Materials Market Size and Volume Forecast by Type
13.7.1. Titanium 6AL4V
13.7.2. Titanium 6AL4V ELI
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Grade Titanium Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Grade Titanium Materials Market: Market Share Analysis
14.2. Medical Grade Titanium Materials Distributors and Customers
14.3. Medical Grade Titanium Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcoa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ATI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AMETEK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Puris
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DAIDO STEEL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KYOCERA Medical Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Carpenter Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hermith GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Westen Super Conducting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. XSMA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Western Metal Materials
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
