Here are 12 key observations from the report:
1. Increased health needs of the ageing population, sedentary lifestyles, improved trauma care and medical technology advancements are driving the medical implants market.
2. The high cost of treatment and an increase in failed implants, as well as an increasing rejection rate, are challenges facing the medical implants industry.
3. There will be continuous research and development for implant materials focused on better biomcompatibility and enhanced healing and clinical outcomes. Factors driving these developments include increased patient needs, end-user demands and stringent regulatory approvals.
4. In the North American region, implant materials innovations are more promienent. However, there will also be diverse developments in Europe after North America.
5. Asia Pacific countries won’t see significant growth in terms of technology development when compared with the United States or Europe.
6. The developments that are made in China and Japan will significantly contribute to the rising technology overall, according to the report.
7. Shareholder initiatives — especially collaborations — are expected to go a long way in advancing material technologies.
8. Increased materials adoption will come from technology advancements developed in:
• Research institutes
• Academia
• Medical device manufacturers
9. Engineering material, chemistry, composition and micro structure advances are expected to maintain the demand for ceramics and bioceramics in implants with the superior wear characteristics and long-term utility of implants.
10. There will be increased acceptance for bioresorbable materials for implants as further research and clinical studies show safety, efficacy and proper use.
11. Biotechnology is expected to be a “game-changer” for implants with high load bearing properties.
12. The bioresorbable polymers are currently being researched as carriers for osteoconductive compounds.
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