mes050-global-peek-implants-market

PEEK Implants – A Global Market Overview

Published Date: Nov 2024

Report Code: MES050

Pages: 205

Charts: 147

PEEK Implants Market Trends and Outlook

Polyetheretherketone (PEEK) implants are gaining traction in various medical applications because of their superior mechanical strength, chemical resistance, biocompatibility, and lightweight design. These implants have low radiographic imaging artifacts and are perfect for customized applications using additive manufacturing, improving surgical results and patient comfort. PEEK closely resembles the modulus of cortical bone during spine surgery, which lessens issues like sinking and helps monitor healing. Arthroplasties for the knee and hip are among its orthopedic uses, which improve joint performance and weight distribution.

Additionally, PEEK offers a safer substitute for cardiovascular treatments. It is valued in dentistry for its strength and aesthetic features in removable partial dentures. Its use is anticipated to grow as PEEK advancements continue, establishing its position as a prominent alternative to titanium implants across various medical fields. 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.

global-peek-implants-market

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. Strategic collaborations between manufacturers and research institutions are fostering innovation and expanding the market's reach.

PEEK Implants Regional Market Analysis

In 2024, North America dominated the global market for PEEK implants, holding an estimated 41.8% share of revenue, fueled by increasing orthopedic disorders, prominent industry players, and government initiatives for innovative products. The region benefits from an advanced healthcare infrastructure, regulatory support, rising investments in specialized healthcare services, and a growing acceptance of PEEK implants, further driving market growth. Conversely, the Asia-Pacific region is projected to experience the highest CAGR of 9.8% during the analysis period 2024-2030, driven by a rise in traffic accidents, an increase in orthopedic conditions, and the growth of medical tourism in countries like India, China, and Thailand. Greater awareness of the advantages of PEEK and the adoption of advanced healthcare technologies are additionally enhancing market expansion. Improved healthcare infrastructure and investments in specialized facilities also contribute to ongoing growth.

global-peek-implants-market by region

PEEK Implants Market Analysis by Product Type

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. These characteristics enable precise imaging during post-surgery assessments and reduce the risk of adverse reactions, making PEEK an ideal choice for dental uses. Furthermore, dentists are increasingly choosing PEEK abutments due to their lower chance of causing allergic reactions.

PEEK Implants Market Analysis by End-User

The hospitals segment is anticipated to capture the largest share of the PEEK implants end-user market, holding a market share of 57.9% in 2024 due to the high number of surgeries performed in these facilities. Hospitals offer a wide range of medical services through collaborative teams of healthcare professionals, which enables efficient patient assessment and treatment. This demand is further driven by increasing awareness of their advantages and the necessity for innovative devices that improve patient outcomes while reducing healthcare expenses. PEEK implants are biocompatible, which reduces the chances of rejection and adverse reactions, making them a safer option for patients. Conversely, the ambulatory surgical centers (ASCs) segment is expected to achieve the highest compound annual growth rate (CAGR) of 9.4% during the analysis period from 2024 to 2030, fueled by the growing need for outpatient procedures and shorter hospital stays.

global-peek-implants-market by end-user

PEEK Implants Market Report Scope

This global report on PEEK Implants analyzes the market based on product type, and end-users. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

Historical Period:2021-2023
Base Year:2023
Forecast Period:2024-2030
Units:Value market in US$
Companies Mentioned: 10+

PEEK Implants Market by Geographic Region

  • 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)
  • Rest of World

PEEK Implants Market by Product Type

  • Spinal Implants
  • Orthopedic Implants
  • Dental Implants
  • Craniomaxillofacial Implants
  • Other Implants (Including Trauma implants, Cardiovascular Implants, Custom Implants, and Others)

PEEK Implants Market by End-User

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Other End-Users (Including Specialty Clinics, Rehabilitation Centers, and Research Institutions)

PEEK Implants Market Frequently Asked Questions (FAQs)

The global PEEK Implants market is likely to grow at a CAGR of 8.5% during the 2024-2030 analysis period.

North America is the largest market for PEEK Implants.

Asia-Pacific is the fastest growing region for PEEK Implants market.

Spinal Implants is estimated to dominate the market revenue share in 2024.

The Hospitals segment is the largest end-user market for PEEK Implants.

Factors driving demand for the PEEK implants market include biocompatibility, increasing prevalence of orthopedic and spinal disorders, technological advancements in manufacturing, and a growing preference for minimally invasive surgical procedures.

The global market size for PEEK Implants is estimated to be US$0.9 billion in 2024 and US$1.5 billion by 2030.

PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION

  • Product Type Outline
  • PEEK Implants Defined
  • PEEK Implant Product Types
    • Spinal Implants
    • Orthopedic Implants
    • Dental Implants
    • Craniomaxillofacial Implants
    • Other Implants (Including Trauma implants, Cardiovascular Implants, Custom Implants, and Others)
  • PEEK Implant End-Users
    • Hospitals
    • Ambulatory Surgical Centers (ASCs)
    • Other End-Users (Including Specialty Clinics, Rehabilitation Centers, and Research Institutions)

2. Key Market Trends
3. Key Global Players

  • 3D Systems Corporation
  • Cavendish Implants Ltd.
  • CONMED Corporation
  • Dental Technology Services
  • DiFusion Technologies, Inc.
  • Evonik Industries AG
  • HAPPE Spine
  • Innovasis, Inc.
  • Invibio Ltd.
  • Johnson & Johnson MedTech
  • Medtronic plc
  • Merz Dental GmbH
  • NuVasive, Inc.
  • SINTX Technologies, Inc.
  • Solvay SA
  • Stryker Corporation
  • Xilloc Medical Int B.V.

4. Key Business & Product Type Trends
5. Global Market Overview

  • Global PEEK Implants Market Overview by Product Type
    • PEEK Implants Market Overview for Product Type by Global Region
      • Spinal Implants
      • Orthopedic Implants
      • Dental Implants
      • Craniomaxillofacial Implants
      • Other Implants
  • Global PEEK Implants Market Overview by End-User
    • PEEK Implants End-User Market Overview by Global Region
      • Hospitals
      • Ambulatory Surgical Centers (ASCs)
      • Other End-Users

PART B: REGIONAL MARKET PERSPECTIVE
Global PEEK Implants Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
6. North America

  • North American PEEK Implants Market Overview by Geographic Region
  • North American PEEK Implants Market Overview by Product Type
  • North American PEEK Implants Market Overview by End-User
  • Country-wise Analysis of North American PEEK Implants Market
    • The United States
      • United States PEEK Implants Market Overview by Product Type
      • United States PEEK Implants Market Overview by End-User
    • Canada
      • Canadian PEEK Implants Market Overview by Product Type
      • Canadian PEEK Implants Market Overview by End-User
    • Mexico
      • Mexican PEEK Implants Market Overview by Product Type
      • Mexican PEEK Implants Market Overview by End-User

7. Europe

  • European PEEK Implants Market Overview by Geographic Region
  • European PEEK Implants Market Overview by Product Type
  • European PEEK Implants Market Overview by End-User
  • Country-wise Analysis of European PEEK Implants Market
    • Germany
      • German PEEK Implants Market Overview by Product Type
      • German PEEK Implants Market Overview by End-User
    • France
      • French PEEK Implants Market Overview by Product Type
      • French PEEK Implants Market Overview by End-User
    • The United Kingdom
      • United Kingdom PEEK Implants Market Overview by Product Type
      • United Kingdom PEEK Implants Market Overview by End-User
    • Italy
      • Italian PEEK Implants Market Overview by Product Type
      • Italian PEEK Implants Market Overview by End-User
    • Spain
      • Spanish PEEK Implants Market Overview by Product Type
      • Spanish PEEK Implants Market Overview by End-User
    • Rest of Europe
      • Rest of Europe PEEK Implants Market Overview by Product Type
      • Rest of Europe PEEK Implants Market Overview by End-User

8. Asia-Pacific

  • Asia-Pacific PEEK Implants Market Overview by Geographic Region
  • Asia-Pacific PEEK Implants Market Overview by Product Type
  • Asia-Pacific PEEK Implants Market Overview by End-User
  • Country-wise Analysis of Asia-Pacific PEEK Implants Market
    • Japan
      • Japanese PEEK Implants Market Overview by Product Type
      • Japanese PEEK Implants Market Overview by End-User
    • China
      • Chinese PEEK Implants Market Overview by Product Type
      • Chinese PEEK Implants Market Overview by End-User
    • India
      • Indian PEEK Implants Market Overview by Product Type
      • Indian PEEK Implants Market Overview by End-User
    • South Korea
      • South Korean PEEK Implants Market Overview by Product Type
      • South Korean PEEK Implants Market Overview by End-User
    • Rest of Asia-Pacific
      • Rest of Asia-Pacific PEEK Implants Market Overview by Product Type
      • Rest of Asia-Pacific PEEK Implants Market Overview by End-User

9. South America

  • South American PEEK Implants Market Overview by Geographic Region
  • South American PEEK Implants Market Overview by Product Type
  • South American PEEK Implants Market Overview by End-User
  • Country-wise Analysis of Asia-Pacific PEEK Implants Market
    • Brazil
      • Brazilian PEEK Implants Market Overview by Product Type
      • Brazilian PEEK Implants Market Overview by End-User
    • Argentina
      • Argentine PEEK Implants Market Overview by Product Type
      • Argentine PEEK Implants Market Overview by End-User
    • Rest of South America
      • Rest of South American PEEK Implants Market Overview by Product Type
      • Rest of South American PEEK Implants Market Overview by End-User

10. Rest of World

  • Rest of World PEEK Implants Market Overview by Product Type
  • Rest of World PEEK Implants Market Overview by End-User

PART C: GUIDE TO THE INDUSTRY
PART D: ANNEXURE
1. RESEARCH METHODOLOGY
2. FEEDBACK

3D Systems Corporation
Cavendish Implants Ltd.
CONMED Corporation
Dental Technology Services
DiFusion Technologies, Inc.
Evonik Industries AG
HAPPE Spine
Innovasis, Inc.
Invibio Ltd.
Johnson & Johnson MedTech
Medtronic plc
Merz Dental GmbH
NuVasive, Inc.
SINTX Technologies, Inc.
Solvay SA
Stryker Corporation
Xilloc Medical Int B.V.

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