PEEK-BASED MEDICAL DEVICES MARKET

INTRODUCTION

Medical devices made of PEEK are frequently utilized in spinal and orthopedic operations. Intervertebral discs, joint replacements, and spinal fusion cages are a few examples of PEEK-based implants. These devices are intended to preserve normal spine alignment, promote bone formation, and offer structural support.

The likeness of PEEK-based medical devices to bone in terms of mechanical characteristics, such as elasticity and modulus of elasticity, is one of their advantages. By reducing stress shielding and enhancing load transfer between the implant and the surrounding bone, this similarity can produce superior long-term results.

PEEK is additionally radiolucent, providing for clear viewing of the surrounding tissues and bones during X-ray or MRI imaging. This quality is especially useful for monitoring and evaluating bone healing after surgery.

PEEK is also biocompatible, which means that it is well-accepted by the body and does not cause any noticeable immune responses or negative side effects. This biocompatibility lowers the possibility of immune reaction-related problems or implant rejection.

Overall, the mechanical characteristics, biocompatibility, and radiolucency of PEEK-based medical devices have increased their popularity. It's crucial to remember that the precise uses and advantages of PEEK-based devices can change based on the nature of the implant and the requirements of each patient. For specific medical advice and information, speaking with a medical expert is always advised.

PEEK-BASED MEDICAL DEVICES MARKET SIZE AND FORECAST

The Global PEEK-Based Medical Devices 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.

PEEK-BASED MEDICAL DEVICES MARKET NEW PRODUCT LAUNCH

Evonik introduces a new PEEK biomaterial for use in medical technology. For the medical technology sector, Evonik has created a novel osteoconductive polyether ether ketone (PEEK) that enhances the fusing between the bone and the implant. The specialized chemicals business is unveiling a new product line of PEEK-based implant materials of the next generation with the introduction of the novel biomaterial, which it will offer under the trade name VESTAKEEP® Fusion. 

The product will be unveiled by Evonik at the online Eurospine conference. Biphasic calcium phosphate, a unique functional additive, was used to create the new PEEK material's osteoconductive properties, which enable bone cells to adhere to implants more quickly, positively influencing osteointegration at the interface between the bone and the implant. In turn, this will hasten bone fusion and convalescence.

PEEK-BASED MEDICAL DEVICES MARKET KEY PLAYERS

• Superior Polymers
• Evonik Industries AG
• Invibio Ltd
• Solvay
• Medtronic

THIS PEEK-BASED MEDICAL DEVICES MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many PEEK-Based Medical Devices are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost Breakup of a Global PEEK-Based Medical Devices and key vendor selection criteria
3. Where are the PEEK-Based Medical Devices manufactured? What is the average margin per unit?
4. Market share of Global PEEK-Based Medical Devices market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global PEEK-Based Medical Devices in-house
6. key predictions for next 5 years in the Global PEEK-Based Medical Devices market
7. Average B-2-B PEEK-Based Medical Devices market price in all segments
8. Latest trends in the PEEK-Based Medical Devices market, by every market segment
9. The market size (both volume and value) of the PEEK-Based Medical Devices market in 2024-2030 and every year in between?
10. Production breakup of the PEEK-Based Medical Devices market, by suppliers and their OEM relationship