The development and growth in the medical and healthcare sectors are escalating the industry demand. Ceramic injection molding is used to manufacture various medical components such as prosthetic replacements, dental implants, endoscopic tools, tweezers, and scissors. Rising dental implant applications in several therapeutic areas, coupled with the escalating demand for prosthetics, are considered to create market opportunities. The increasing number of dental injuries due to sports injuries and road accidents are also regarded as some of the significant factors favoring the demand for dental implants. Furthermore, the high demand for minimally invasive cosmetic surgery across developed and developing regions is projected to propel the market growth. Changing lifestyles and increased beauty consciousness stimulate the demand for cosmetic procedures, which is anticipated to augment cosmetic surgeries' growth. As per the ‘Plastic Surgery Statistics Report’ published by the American Society of Plastic Surgeons, nearly 15.6 million cosmetic procedures were conducted in 2020. Thus, it is projected that the rapidly expanding healthcare and medical sectors will likely drive the growth of ceramic injection molding market in the coming years.
The South America ceramic injection molding market is segmented into Brazil, Argentina, and Rest of South America. The ceramic injection molding market in the region is expected to witness a notable growth owing to the presence of well-established automotive industry coupled with rising demand for ceramic items among consumers. The automotive industry in Brazil is growing at a rapid pace. Ceramic injection molded components are widely used in the automobiles in valve components, turbo rotors, swirl chambers, valve seats, radial rotors, among others. Thus, the presence of well-established automotive industry in the region provides strong growth potential to the ceramic injection molding market.
South America Ceramic Injection Molding Market Segmentation
The South America ceramic injection molding market is segmented based on type, industry vertical, and country. Based on type, the South America ceramic injection molding market is segmented into alumina, zirconia, and others. The alumina segment held the largest market share in 2022.
Based on industry vertical, the South America ceramic injection molding market is segmented into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. The healthcare segment held the largest market share in 2022.
Based on country, the South America ceramic injection molding market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America ceramic injection molding market share in 2022.
MICRO; INMATEC; WITTMANN Technology GmbH; and Morgan Advanced Materials are some leading of the leading players operating in the South America ceramic injection molding market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 10.79 Million |
| Market Size by 2028 | US$ 16.53 Million |
| CAGR (2022 - 2028) | 7.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America Ceramic Injection Molding Market is valued at US$ 10.79 Million in 2022, it is projected to reach US$ 16.53 Million by 2028.
As per our report South America Ceramic Injection Molding Market, the market size is valued at US$ 10.79 Million in 2022, projecting it to reach US$ 16.53 Million by 2028. This translates to a CAGR of approximately 7.4% during the forecast period.
The South America Ceramic Injection Molding Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Ceramic Injection Molding Market report:
The South America Ceramic Injection Molding Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Ceramic Injection Molding Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Ceramic Injection Molding Market value chain can benefit from the information contained in a comprehensive market report.
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