Nanoengineered Prosthetics Market – History, Present and Future Market 2021: Major Manufacturers Performance and Market Share Analysis with 2027
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Nanoengineered prosthetics, a subset of nanomedicine, are implantable instruments that are used in patients to repair missing body organs. Nanostructures and nanotools are used to make prosthetics, and their usage has increased prosthetic function and eliminated some in the drawbacks of traditional prosthetics, such as implant dislocation and inflammation across the prosthetic site.
Since nanoparticles behave at the same level as body cells, they are suitable for engineering prosthetics and implants. Fluidinova’s nanoXIM HAp pastes are a water-based nano-hydroxyapatite paste that is specifically recommended for the production of bone graft replacements. In the shape of nanocrystals, nano-hydroxyapatite is precisely aligned. This paste has a high affinity for hard tissues due to the physical and chemical similarity between nano-hydroxyapatite and mineralized bone, resulting in the forming of close chemical bonds with the parent tissue. CAM Bioceramics B.V., 3D Systems, Inc., and others are among the other producers in the global nanoengineered prosthetics market.
In order to produce products in the global nanoengineered prosthetics market, leading producers are focusing on partnerships with researchers. In August 2019, Medical University of Vienna researchers collaborated with Imperial College London, Otto Bock Healthcare Products, and Alfred Mann Foundation to create a prosthetic arm with a few built-in electrodes that make contact with the patient’s skin and cause the prosthetic arm claw to open and close. Furthermore, University of Chicago researchers are working on brain-controlled prosthetics, which can be performed by implanting electrodes in the brain’s motor cortex field. Using electrodes, changes in the motor region can be registered, and the robotic arm can then be produced and applied to the patient as a prosthetic.
It has been documented that the global population has a higher rate of limb loss. According to the NCBI (National Center for Biotechnology Information), limb loss can occur as a result of illness, accident, or surgery, whereas congenital limb loss can occur at birth. Lower limb and upper limb amputations account for 84 percent and 16 percent of gross amputations, respectively. The same source added that people with diabetes have a 10-30 times higher risk of having a lower limb amputated than the general public. Furthermore, about 20% – 50% of diabetes – amputees will need a second leg amputation within one to three years, and over 50% of people who have had one limb amputated will need another amputation within five years.
Nanoengineered prosthetics have many benefits over traditional prosthetics, including improved alignment with the body or body parts in which they are inserted, improved mechanical flexibility, improved resilience, rapid absorption of the prosthetics in the patient’s body or organ, greater power, better hygiene, high wear resistance, optimal design, low toxicity, and high fatigue resistance.
During the forecast period, alternative options for nanoengineered prosthetics are expected to restrain global nanoengineered prosthetics market development. The load-bearing metal is in close contact with the bone of the arm or leg and penetrates into the skin in osseo integration, an additional surgical procedure for prosthetic patients. Using a screw, it connects directly to the removable prosthesis. Osseo integration is a common amputation technique in Europe and Australia, according to the NCBI (National Center for Biotechnology Information). Furthermore, Osseo integration has the benefit of being simple to put on and take off.
As opposed to other traditional prosthetics, there are certain drawbacks to using nanoengineered prosthetics. It is a costly procedure that can cause side effects or even total rejection of the prosthetics of patients that use them. Over the forecast period, these factors are expected to limit the global nano engineered prosthetics market’s development.
During the forecast period, the North American region is expected to dominate the global nano engineered prosthetics market over the projected period, owing to extensive research and the introduction of new products by major manufacturers in the region. Researchers from the Institute of Engineering in Medicine and University of California collaborated to create 3D printed spinal cord scaffolds loaded with neural stem cells in January 2019. Furthermore, according to the NCBI (National Center for Biotechnology Information), nanodaimonds are a new class of biologically stable carbon-based nanomaterials that are supposed to have a range of special properties that are critical for the development of novel therapies in the fields of drug delivery, tissue engineering, and bioimaging.
Furthermore, in the global nanoengineered prosthetics industry, producers from Asia Pacific regions are developing new devices. Jyoti Ceramic Industries Pvt. Ltd, unveiled Jyodent in 2017, which is now available in the United States. It is made up of a biocompatible ceramic block made of Zirconium that has been stabilised with Yttrium and enriched with Aluminum. It is in-charge of matching the teeth’s colour and translucency (aesthetics) with their strength or purpose.
In North America, the number of people who have lost limbs is rising. According to the NCBI (National Center for Biotechnology Information), the number of people living with limb loss in the United States was about 2.1 million in 2016, with the number estimated to increase by 2050. Furthermore, according to the same source, 185,000 individuals in the United States had amputations each year, with 300 to 500 amputations performed every day.
Moreover, according to the International Diabetes Federation (IDF), the estimated global prevalence of diabetes, which is the leading cause of limb decline, will rise from 285 million to 435 million by 2030.
According to material
Calcium Hydroxyapatite Nanoparticles
According to application
According to end user
Ambulatory Surgical Centers
According to region
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Nanoengineered Prosthetics Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Fluidinova, CAM Bioceramics B.V., 3D Systems, Inc., Merz North America, Inc., Carl Zeiss AG, Sono-Tek Corporation., Jyoti Ceramic Industries Pvt. Ltd, Ceramaret, Hanwha Chemical corporation, and Ad-Nano Technologies Private Limited.
Main points in Nanoengineered Prosthetics Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Nanoengineered Prosthetics Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Nanoengineered Prosthetics Industry Impact
Chapter 2 Global Nanoengineered Prosthetics Competition by Types, Applications, and Top Regions and Countries
2.1 Global Nanoengineered Prosthetics (Volume and Value) by Type
2.3 Global Nanoengineered Prosthetics (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Nanoengineered Prosthetics Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Nanoengineered Prosthetics Market Analysis
Chapter 6 East Asia Nanoengineered Prosthetics Market Analysis
Chapter 7 Europe Nanoengineered Prosthetics Market Analysis
Chapter 8 South Asia Nanoengineered Prosthetics Market Analysis
Chapter 9 Southeast Asia Nanoengineered Prosthetics Market Analysis
Chapter 10 Middle East Nanoengineered Prosthetics Market Analysis
Chapter 11 Africa Nanoengineered Prosthetics Market Analysis
Chapter 12 Oceania Nanoengineered Prosthetics Market Analysis
Chapter 13 South America Nanoengineered Prosthetics Market Analysis
Chapter 14 Company Profiles and Key Figures in Nanoengineered Prosthetics Business
Chapter 15 Global Nanoengineered Prosthetics Market Forecast (2021-2027)
Chapter 16 Conclusions
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