PEEK Implants Market, By Application (Spinal Implants, Orthopedic Implants, Dental Implants, Craniomaxillofacial Implants, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), By Geography (North America, Latin America, Euro
PEEK Implants Market, By Application (Spinal Implants, Orthopedic Implants, Dental Implants, Craniomaxillofacial Implants, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
PEEK implants, also known as polyetheretherketone implants, are widely used in the field of medical devices. These implants are made of a high-performance polymer called PEEK, which possesses excellent mechanical properties, biocompatibility, and radiolucent nature. Due to these features, PEEK implants have gained popularity in various medical applications including orthopedics, spinal fusion, dental implants, trauma fixation, and cardiovascular implants. The use of PEEK implants offers several advantages over traditional metal implants. PEEK implants are lightweight that reduces the risk of implant failure or complications caused by the excessive weight of the implant. PEEK implants are radiolucent that means these do not interfere with medical imaging techniques such as X-rays or MRI scans, allowing for accurate diagnosis and monitoring. PEEK implants have superior biocompatibility, reducing the risk of adverse reactions or allergies in patients.
Market Dynamics:
Global PEEK implants market is witnessing significant growth due to various factors. Factors such as increasing prevalence of orthopedic and spinal disorders, rising geriatric population, and advancements in surgical techniques are boosting demand for PEEK implants. Moreover, financial grants by government institutions is further anticipated to drive the market growth throughout the forecasted period. For instance, on October 11, 2023, SINTX Technologies, Inc., an original equipment manufacturer of advanced ceramics, announced that the National Institutes of Health (NIH) had awarded it a Phase II grant of US$ 1,973 million to develop a 3D printed (3DP) composite silicon nitride - polyetheretherketone (SN-PEEK) spinal implant. This is SINTX's fourth NIH funding since the project's Phase I award in September 2021.
However, the market also faces certain challenges. The high cost of PEEK implants as compared to traditional metal implants and the lack of reimbursement policies in some regions can hinder market growth. The stringent regulatory requirements for the approval of PEEK implants pose a considerable barrier for new entrants in the market.
Despite these challenges, there are several opportunities for market players in the PEEK implants market. The increasing research and development activities aimed at enhancing the properties of PEEK implants such as incorporating bioactive coatings or additives present opportunities for innovation and market expansion. Furthermore, rising demand for personalized implants and growing medical tourism industry offer substantial growth prospects for the PEEK implants market.
Key features of the study:
This report provides in-depth analysis of the global peek implants market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global peek implants market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Invibio, Johnson & Johnson MedTech, Evonik , Solvay, In2Bones Global, Inc, Treace Medical Concepts, Inc.,, HAPPE Spine, NuVasive, Inc., Cavendish Implants Ltd., Stryker, Xilloc Medical Int B.V., Dental Technology Services, 3D Systems, Inc., INNOVASIS, SINTX Technologies, Inc., Quick Implants NZ Limited., and Double Medical Technology Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global peek implants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global peek implants market
Detailed Segmentation:
By Application
Spinal Implants
Orthopedic Implants
Dental Implants
Craniomaxillofacial Implants
Others
By End User
Hospitals
Clinics
Ambulatory Surgical Centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Key Players
Invibio
Johnson & Johnson MedTech
Evonik
Solvay
In2Bones Global, Inc
Treace Medical Concepts, Inc.,
HAPPE Spine
NuVasive, Inc.
Cavendish Implants Ltd.
Stryker
Xilloc Medical Int B.V.
Dental Technology Services
3D Systems, Inc.
INNOVASIS
SINTX Technologies, Inc.
Quick Implants NZ Limited.
Double Medical Technology Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rising prevalence of osteoarthritis
High cost
Increasing demand for bio-inert implants
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global PEEK Implants Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global PEEK Implants Market, By Application, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Spinal Implants
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Orthopedic Implants
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Dental Implants
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Craniomaxillofacial Implants
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
6. Global PEEK Implants Market, By End User, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
7. Global PEEK Implants Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2019 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Mn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018 - 2030, (US$ Mn)
North Africa
Central Africa
South Africa
8. Competitive Landscape
Invibio
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Johnson & Johnson MedTech
Evonik
Solvay
In2Bones Global, Inc
Treace Medical Concepts, Inc
HAPPE Spine
NuVasive, Inc.
Cavendish Implants Ltd
Stryker
Xilloc Medical Int B.V.
Dental Technology Services
3D Systems, Inc.
INNOVASIS
SINTX Technologies, Inc.
Quick Implants NZ Limited.
Double Medical Technology Inc.
Analyst Views
9. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global PEEK Implants Market” - Global forecast to 2030