Bioactive Glasses, Ceramics, Composites, Other Advanced Materials

Report Highlights

• The worldwide global market for bioactive materials increased from $377.7 million in 2004 to $431.4 million in 2005 with sales reaching an estimated $473.9 million by the end of 2006. Sales of glasses, glass-ceramics, and ceramics represent the largest share of this market. At an average annual growth rate (AAGR) of 17.2%, this market will cross $1.0 billion by 2011.
• Glass and glass ceramics had the highest market share throughout the forecast period, worth more than 58% in 2004 and 2005. By 2006 the sector almost reached 60% of the total market. At an AAGR of 16.5% it will grow to $600 million by 2011.
• Composites held the highest growth rate through the forecast period with an AAGR of 18.7% reaching $423.3 million by 2011.

INTRODUCTION

The goal of BCC Research in conducting this study is to supply a detailed review of bioactive glasses, glass-ceramics, ceramics, and composites, including a description of their types and their fabrication technologies; to identify the latest technological developments; to outline the various applications of bioactive materials; and to evaluate the worldwide market for these materials. BCC will also forecast industry growth potential for bioactive materials over a 5-year period from 2006 through 2011. BCC is particularly interested in assessing the current status of the bioactive material segment and evaluating market trends and research activities, and their impact on industry growth.

This study will be of primary interest to all companies directly involved in the fabrication and selling of bioactive glasses, glass-ceramics, ceramics, composites, process equipment, and raw materials. In particular, it will be of interest to technical personnel in the medical, dental, and pharmaceutical sectors, manufacturers or distributors of organic and inorganic materials, producers of advanced coatings and coating equipment, and other ceramic equipment suppliers.

Overall, this study applies to industry segments such as medical, dental, biological, bioengineering, pharmaceutical, and cosmetics.

The study is mainly directed towards executives, directors, operations managers, sales and marketing managers, and strategic planners working within the above industries. Universities and research facilities may also find this study to be a good source of technical information regarding formulation, processing, and testing of bioactive materials which can be used as a baseline for new or expanded R&D activities.

SCOPE OF STUDY

This report:

• Describes various types of bioactive materials (i.e., glasses, glass-ceramics, ceramics, and composites), their fabrication methods (including variants and upgrades), and identifies current and potential applications for each type
• Analyzes the bioactive materials industry on a worldwide basis from the standpoint of both manufacturing and consumption, with detailed forecasts to 2011
• Examines commercial and public research activities in major regions of the world
• Profiles the top companies in the industry and offers an in-depth patent analysis.

METHODOLOGY AND INFORMATION SOURCES

The technology section of this report is based on information derived from technical literature, professional journals, author's field experience, and online sources.

Global market analysis was performed by analyzing 67 suppliers of bioactive materials, accounting for at least 95% of the global bioactive materials market. Data for each company were obtained by thoroughly analyzing SEC filings, Internet websites, annual reports, industry directories, industry magazines and catalogs, government sources, and other public sources.

Additional data were obtained from the direct contribution of primary sources, including: company executives, managers, engineers and other technical personnel representing manufacturers of bioactive materials; representatives of academia and trade associations; and industry market analysts.

Secondary sources of information include:

• EDGAR - U.S. Securities and Exchange Commissions Filings
• U.S. Patent and Trademark Office
• European Patent Office
• Company Web Sites
• Company Annual Reports
• Thomas Registers
• Moody's Directory
• S & P Industry Survey
• Dun & Bradstreet Business Directory
• American Ceramic Society Annual Meeting Abstract
• Foreign Chamber of Commerce Directories
• Foreign Stock Exchange Listings

In addition to utilizing the above primary and secondary sources, market growth trends and forecasts were compiled by gaining additional insights from relevant financial and market information, relevant BCC reports, and the author's own in-depth analysis of all the information.

ANALYST CREDENTIALS

Margareth Gagliardi has over 20 years of experience in the field of advanced materials specializing in ceramic formulations, materials processing, and new product development. She has held management positions in both manufacturing and R&D within U.S. and European firms producing electronic, mechanical, chemical, and structural components. She holds a B.S. in Chemical Engineering and an M.S. in Ceramic Engineering.