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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A metal alloy made of cobalt and chromium is called cobalt-chrome (Co-Cr). It is frequently used in orthopaedic and dental implants because of its excellent strength, temperature endurance, and wear resistance.
Cobalt is frequently combined with traces of chromium, molybdenum, and other elements in orthopaedic implants. For the creation of numerous orthopaedic, dental, and cardiovascular implants and devices, cobalt-chromium (CoCr) alloys have been widely used. These alloys have excellent mechanical qualities and a high level of corrosion, wear, and fatigue resistance.
They have great corrosion resistance and mechanical qualities. CoCr alloys, like SS, exhibit corrosion resistance due to the development of a chromium oxide surface layer. Typically, cobalt, nickel, chromium, and molybdenum or a combination of those metals make up the alloys.
Metals based on cobalt are alloyed with tungsten, nickel, and chrome. These alloys are expensive, hence they are only employed in harsh environments where high temperatures are necessary for strength and hardness as well as superior wear, galling, corrosion, and/or erosion resistance.
The most often utilised rod materials are cobalt chromium (CoCr) and titanium alloy TA6V (Ti), both of which have advantageous biomechanical characteristics like corrosion resistance and MRI compatibility. Although cobalt chromium is more rigid than titanium, the former has higher flexibility.
The Global cobalt-chrome alloy market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Cobalt Chrome Superalloy, a novel 3D printing substance, has been introduced by Protolabs, a leader in digital prototyping. The UK-based business predicts that the heat-, wear-, and corrosion-resistant material will upend a variety of sectors, notably the oil and gas sector, where tailored cobalt chrome parts were previously unattainable.
One of the hardest substances known to man is cobalt chromium, which can be polished to an incredibly flawless surface. The benefit of 3D printing is that it can create any shape you want, whether it's to save weight or accommodate unique geometry.
High corrosion resistance and great biocompatibility make cobalt chrome a popular choice for use in the medical and dentistry industries. Because of its creep resistance, it can function in temperatures of up to 600 oC. Also, due to its excellent strength to weight ratio, it is a great choice for aerospace applications.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |