Feb 28, 2024 Leave a message

Analysis of market demand for medical titanium materials

In the past 10 years, the market growth rate of biomedical materials and products has remained at around 30%. It is expected that in the next 10 to 20 years, the medical device industry, including medical metal materials, will reach the scale of the pharmaceutical products market and will become the 21st century The pillar industry of the world economy.

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Among biomedical metal materials, titanium plates and titanium alloys play a decisive role. Because of their excellent comprehensive properties, they have become artificial joints (hips, knees, shoulders, ankles, elbows, wrists, finger joints, etc.), bone trauma products ( The preferred material for medical implant products such as intramedullary nails, splints, screws, etc.), spinal orthopedic internal fixation systems, dental implants, dental trays, dental orthopedic wires, artificial heart valves, interventional cardiovascular stents, etc. Due to the biophilicity of titanium alloys, currently, there is no better metal material than titanium alloys for clinical use. Suppliers of medical surgical implant products in developed countries attach great importance to the research and development of titanium alloys, and have launched a series of new medical titanium alloy materials, including bioactive titanium alloy bionic materials. They have also done a lot of work in the surface treatment of medical titanium alloy materials. A lot of patented research and development have been carried out to give medical titanium alloy materials better biological activity to meet the physiological needs of the human body.

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According to incomplete statistics, the number of disabled people in the world is close to one-twelfth of the world's population. There are 60 million people with physical disabilities. There are nearly 2 billion dental patients. Currently, there are only 35 million people with surgical implants. Every year, joints are damaged. The number of replacements is about 1.5 million, which is far from the actual number of people who need replacements. Therefore, the potential demand in the biomedical materials market is huge. As the first choice of biomedical materials, the demand for medical titanium and titanium alloys will also increase significantly. Therefore, it is imperative to increase the research and development of medical titanium materials.

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