Bioglass Fiber Market Share – Industry Analysis, Key Players and Trends to 2027 - PowerPoint PPT Presentation

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Bioglass Fiber Market Share – Industry Analysis, Key Players and Trends to 2027

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Bioglass Fiber Market size was around USD 8.8 million in 2020 and is anticipated to grow at CAGR of 8.5% from 2021 to 2027. – PowerPoint PPT presentation

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Title: Bioglass Fiber Market Share – Industry Analysis, Key Players and Trends to 2027


1
Bioglass Fiber Market to at over 8.5 CAGR from
2021 to 2027 Global Market Insights, Inc.
2
Overview of Bioglass Fiber Market
  • Over the recent years, an extensive array of
    bioglass benefits including good
    osteostimulativity, osteoconductivity, mechanical
    strength, and degradability have been
    instrumental in unlocking critical growth
    opportunities for bioglass fiber market players
    across the orthopedics application.
  • Upon implantation into the body, these products
    effectively reinforce the bonding between hard
    and soft tissues, promote the formation of dense
    HA (hydroxyapatite) layer on the surface, and
    rapidly combine with bone tissue for inducing and
    accelerating the process of bone growth.
  • These properties of bioactive glass have
    propelled an increase in studies pertaining to BG
    application in numerous orthopedic areas
    comprising BG bone cement, BG nanoparticles, BG
    coating, BG nanofibers, drug and biological
    factor-load BG, BG scaffolds, injectable BG-based
    hydrogels/pastes, metal ion-loaded BG, and
    others.

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  • Similar initiatives are expected to augment
    bioglass fiber market size, which is anticipated
    to surpass USD 15.3 million by 2027, according to
    Global Market Insights Inc.
  • While the market revenue from borate-based glass
    is estimated to exhibit a CAGR of 9 through the
    estimated period, the glass ceramic segment is
    expected to account for an appreciable valuation
    through 2027.
  • This growth can be attributed to the mounting
    adoption of glass ceramics in dental care
    products including corrosion inhibitors and
    filler materials. Optimum bone-grafting ability
    and good biocompatibility are additional factors
    expected to push product demand over the coming
    years

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  • Numerous organizations are taking a keen interest
    in conducting research initiatives centered on
    the applicability of bioglass fiber in the field
    of dental care. One such study, published in May
    2021, aimed at investigating the bioactivity and
    cytotoxicity of a novel nanocomposite containing
    nBGs (nanoparticles of bioactive glass) on human
    dental pulp stem cells (hDPSCs).
  • The research found that the use of nBG/BD not
    only enabled hDPSC proliferation and attachment
    but also escalated the expression of ALP in
    mineral-producing cells. The findings are slated
    to create opportunities for the deployment of
    nBG/BD in vital pulp therapies.
  • The European region has recorded an upsurge in
    the approval of newly developed products by
    regulatory bodies across various countries. For
    instance, in May 2021, Prosidyan, Inc., secured
    two CE Marks for its FIBERGRAFT BG Morsels,
    FIBERGRAFT BG Putty GPS, and FIBERGRAFT BG Putty.

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  • Major companies in the bioglass fiber industry
    comprise Mo-Sci Corporation (The Heraeus Group),
    Vetra Biomaterials, Corbion Biotech, Inc.,
    Prosidyan, Inc., ETS Wound Care LLC., and others.
    These participants are depicting a greater
    inclination towards the implementation of
    strategic initiatives including collaborative
    agreements, mergers, and acquisitions for
    consolidating their position in the market.
  • For instance, in September 2021, The Heraeus
    Group acquired ETS Technology Holdings LLC and
    Mo-Sci Corporation. The move strengthened the
    groups healthcare and medical technology
    portfolio, which comprises market leadership in
    the supply of medical devices and components.
  • In a nutshell, the increasing product adoption
    across healthcare systems in developed countries,
    owing to multiple benefits such as voluntary
    funding, government schemes, and attractive
    medical insurances, is expected to bolster
    bioglass fiber market share through the
    forthcoming years.

6
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7
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