HEALTHCARE

Market Overview: Metal implants and medical alloys market has registered burgeoning growth in the recent decades due to the expanding geriatric population and rising number of accidents and injuries that are necessitating the use of implants. Bones in older people generally weaken giving rise to various problems such as low bone density and osteoporosis that can lead to increased bone fracture. They also tend to lose teeth which makes a strong case for dental metal implants. Estimates show that Metal Implants and Medical Alloys Market which amassed a revenue of USD 10,310 million in 2018, is expected to register a CAGR of 9.1% over 2019-2025 . Various metals such as titanium, cobalt, iron, chromium, and tantalum are used in manufacturing metal implants. Metals can essentially replace bone structures that have either been damages in accidents or have worn out with age. Metal implants are often worn out after a span of 15 to 20 years which gives rise to the need of revision su...

Market Highlights: The global Metal Implants and Medical Alloys Market size accounted for USD 10,310.0 million in 2018 and is projected to register a CAGR of 9.1% over the forecast period . Metal has been used widely in the orthopedic implants manufacturing in a multitude of different forms. Implants made from titanium, cobalt, iron, chromium, and tantalum are generally used. Implants assist in replacing a biological structure that has been damaged due to trauma or bone and cartilage disorders. An alloy is a substance made by melting two or more elements together. Several alloys have medical applications, such as those used for prostheses and in dental amalgams.In addition, growing geriatric population along with rising burden of lifestyle-associated diseases and increasing technological advancements in the devices are likely to support the market growth. For instance, as per the statistics published by World Health Organization (WHO), the number of road traffic deaths conti...