Raising Demand for Non-Metallic Implants Combined with Biocompatibility, PEEK Implants Market to Witness Robust Growth and Reach $1.5 billion by 2030
A new report from Industry Experts Inc, on "PEEK Implants Market," is published. According to this market research report, the global market for PEEK Implants is estimated at US$0.9 billion in 2024 and is expected to register a CAGR of 8.5% during the 2024-2030 analysis period and stand at a projected US$1.5 billion by 2030.
The PEEK implant market is influenced by several key drivers, including its biocompatibility and material properties, which make it a preferred choice for various surgical applications. The growing demand for non-metallic implants, particularly in dental and spinal surgeries, is propelling PEEK's popularity due to its reduced risk of allergic reactions and enhanced patient comfort. Additionally, technological advancements in 3D printing are enabling the creation of customized PEEK implants, improving surgical precision and patient outcomes. The rising number of spinal and orthopedic surgeries among aging populations further boosts demand for these implants.
The spinal implants segment led the PEEK implant market, representing around 38% of the market share in 2024, fueled by the increasing incidence of spinal disorders and the need for minimally invasive surgical options. PEEK spinal implants are preferred due to their outstanding mechanical characteristics and compatibility with biological tissues, which improve bone growth and fusion. In contrast, the dental implant segment is expected to record the fastest CAGR of 10% during the forecast period 2024-2030, attributed to PEEK's distinctive features like biocompatibility, radiolucency, and robust mechanical properties.
The market for PEEK Implants analyzed in this report on a global basis covering all major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World.
The study analyzes the global market for PEEK Implants with respect to Product Types – Spinal Implants, Orthopedic Implants, Dental Implants, Craniomaxillofacial Implants and Other Implants (Including Trauma implants, Cardiovascular Implants, Custom Implants, and Others); and End-Users – Hospitals, Ambulatory Surgical Centers (ASCs) and Other End-Users (Including Specialty Clinics, Rehabilitation Centers, and Research Institutions).
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