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Metal Implants and Medical Alloys Market CAGR of 8.6%by 2028, Size, Share, Growth Opportunities, Driver, Restraints and Revenue Insights

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Luton, Bedfordshire, United Kingdom, Feb. 28, 2023 (GLOBE NEWSWIRE) —

Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Metal Implants and Medical Alloys Market.

Global Metal Implants and Medical Alloys Market stands at US$ 2.83 Billion in 2022 and is anticipated to grow at a CAGR of 8.6% over the following Six years to reach US$ 4.4 billion by 2028.

Metal Implants and Medical Alloys Market Growth in upcoming years

Metal implants do not have any osteogenic qualities to aid in bone repair; they are only biocompatible. CaP coatings enhance their osteointegration or biological anchoring to the bone. It is intended to give metal implants surface biological characteristics for protein adsorption, cell adhesion, and bone apposition. Instead of fibrous tissue encapsulation, direct bone-to-implant contact is preferred for a biomechanical fixation of implants.

Metal implants have greatly improved the quality of life for millions of patients by making procedures like spinal surgery, joint replacement, and fracture fixation possible. Metal implants as biocompatible surfaces inside a bony habitat have many advantages and disadvantages. We concentrate on how they engage with bone and the circumstances that allow pathogens to colonize them. Bacterial adhesion is generally encouraged by any surface that can encourage extracellular matrix molecule attachment to increase osteoblast cell number and, consequently, osseointegration.

Click & Get Free Sample Report in Minutes: https://exactitudeconsultancy.com/reports/1434/metal-implants-and-medical-alloys-market/#request-a-sample 

 Market Dynamics

Driver: Growing demand for minimally invasive surgical procedures

Minimally invasive surgical procedures are performed for a broad range of conditions such as herniated discs, degenerative spinal disease, fractures, trauma, tumors, herniated discs with cord compression, herniated discs with Cauda Equina Syndrome (CES), spondylosis/spondylolisthesis, stenosis, pseudoarthrosis, partial knee trauma, and errors in the positioning of prosthetic implants.

Compared to open surgeries, minimally invasive surgical techniques are safer, less traumatic, and have reduced mortality and complication rates. A study by Clinical Orthopedics and Related Research found that open operations have a 5.77 times higher chance of surgical-site infections (SSIs) than minimally invasive procedures. Reduced surgical risk, less discomfort and blood loss, a lower risk of infection, and shorter post-operative recovery times are just a few benefits of minimally invasive procedures.

Restraint: Shortage of skilled surgeons

The Lancet Commission on Global Surgery estimates that each year in low- and middle-income nations (LMICs), an additional 2.2 million surgeons, anesthetists, and obstetricians are needed. Additionally, there is a shortage of surgeons in the healthcare systems of key healthcare markets like the US, Germany, and the UK. For instance, the Association of American Medical Colleges estimates that by 2025, there will be a shortage of 41,000 general surgeons in the US, while there is one vascular surgeon for every 137,000 people in the UK. Despite having a sizable target patient group, the significant lack of surgeons capable of handling the rising demand for procedures is anticipated to have an impact on the uptake of implants in the years to come.

Companies Covered:

  • Carpenter Technology Corporation
  • Royal Dsm
  • Johnson Matthey PLC
  • Fort Wayne Metals
  • ATI Specialty Alloys & Components
  • Ametek Specialty Metal Products
  • Questek Innovations LLC
  • Supra Alloys Inc
  • Materion Corporation
  • Aperam S.A

Recent Developments

  • June 2022: OsssDsign announced that the company launched of OssDsign Cranial PSI in Japan. OssDsign Cranial PSI is a patient-specific cranial implant made from 3D-printed medical-grade titanium covered by a regenerative calcium phosphate composition.
  • March 2022: OSSIO Inc. achieved another significant commercial milestone with its third regulatory clearance from the United States Food and Drug Administration (FDA) for the OSSIOfiber product family in the last four months, paving the way for additional implants made from OSSIOfiber Intelligent Bone Regeneration Technology to be available to patients and surgeons over the next six months.
Attributes Value
Metal Implants and Medical Alloys market Share (2022) US$ 2.83 Billion
Metal Implants and Medical Alloys market Projected Size (2028) US$ 4.4 Billion
Metal Implants and Medical Alloys market Growth (CAGR 2023-2028) 8.6%.

Browse the fullMetal Implants and Medical Alloys Market By type (Titanium, Stainless Steel, cobalt-Chromium, Other metals), by application (Orthopedic, Cardiovascular, Dental, Craniomaxillofacial and Neurological) and by Region, Global trends and forecast from 2023 to 2028Report and TOC at https://exactitudeconsultancy.com/reports/1434/metal-implants-and-medical-alloys-market/#table-of-content   
Segment Overview

The Metal Implants and Medical Alloys market is segmented by type, deployment, and end user.

by Type  by Application by Region
  • Titanium
  • Stainless Steel
  • Cobalt-Chromium
  • Others (Gold, Silver And Magnesium Alloys)
  • Orthopedic
  • Cardiovascular
  • Dental
  • Craniomaxillofacial
  • Neurological

 

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

 

To learn more about this report, request a free sample copy

Market Trends

Dental Segment Expected to Hold a Major Market Share in the Metal Implants and Medical Alloys Market

Artificial tooth roots known as dental implants can be medically inserted into the jawbone. The fixture and the abutment, which are usually made of zirconium and titanium, are the two main parts of dental implants. The country’s rising dental problem burden and the nation’s aging populace are fueling segment development. According to a research report published in the International Dental Journal in August 2022, oral diseases continued to be a significant health concern for local Chinese citizens in Jiangsu. The demand for dental implants is anticipated to increase throughout the study period as a result of the high prevalence of dental issues in the nation.

Quantitative Analysis

  • Market size, estimates, and forecasts from 2023 – 2028
  • Market size and revenue estimates for product up to 2028
  • Market revenue estimates for application up to 2028
  • Market revenue estimates for type up to 2028
  • Regional market size and forecast up to 2028
  • Company financial

What are the Key Data Covered in this Metal Implants and Medical Alloys Market Report?

  • CAGR of the market during the forecast period 2023-2028
  • Detailed information on factors that will drive Metal Implants and Medical Alloys Market growth during the next Six years
  • Precise estimation of the Metal Implants and Medical Alloys Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the Metal Implants and Medical Alloys industry across North America, Europe, APAC, South America, the Middle East, and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Metal Implants and Medical Alloys Market vendors

To know an additional revised 2023 list of market players, request a sample report: https://exactitudeconsultancy.com/reports/1434/metal-implants-and-medical-alloys-market/#request-a-sample 
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Artificial Intelligence

Department of Health – Abu Dhabi partners with MBZUAI and Core42 to launch Global AI Healthcare Academy

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ABU DHABI, UAE, May 13, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the leading AI research-based academic institution located in Abu Dhabi, and Core42, a G42 company offering AI solutions, during Abu Dhabi Global Healthcare Week (ADGHW). This MoU will launch the global AI Healthcare Academy to the health workforce. The MoU was signed by Dr. Rashed Obaid Al Suwaidi, Executive Director of Healthcare Workforce Planning Sector at DoH, Sultan Al Hajji, Vice President of Public Affairs and Alumni Relations at MBZUAI and Talal Al Kaissi, Executive Vice President, Chief Product and Global Partnership Officer at Core42.

 
 
Reinforcing Abu Dhabi’s position as a leading destination for healthcare and life sciences, the partnership seeks to establish a framework of collaboration to strengthen the Emirate’s position at the forefront of technology-enabled and data-driven healthcare systems. The new AI Healthcare Academy will help to build a global AI-trained workforce, which is capable of advancing diagnostic and operational efficiency, significantly improving patient care, and streamlining healthcare processes around the world.
Sultan Al Hajji, Vice President of Public Affairs and Alumni Relations at MBZUAI, said: “Healthcare is a key research pillar for MBZUAI, because we recognise the transformative and life-saving potential of AI across a wide range of diagnostic and treatment areas. In addition to our recent effort in establishing the Institute of Digital Public Health, we are proud to partner with The Department of Health – Abu Dhabi in launching the new AI Healthcare Academy. MBZUAI will provide the Academy our world-class faculty to facilitate AI workshops and training to upskill the healthcare workforce in support of the UAE leadership’s vision to become a global hub for AI and a centre for life sciences.”
Through leveraging advanced technologies and harnessing the power of AI, DoH seeks to upskill the health workforce, enhance local practices and contribute to broader medical research and treatment modalities worldwide. By embracing AI-driven technologies, healthcare professionals can stay at the forefront of innovation, fostering collaboration and knowledge exchange on a global scale.
By collaborating with MBZUAI through its Institute of Digital Public Health, the Academy will encompass ground-breaking research. These efforts will encourage public-private partnerships, fostering collaboration to secure ample funding and ensure ongoing sustainability, setting the academy for long-term success and supporting responsible and impactful innovation.
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, Abu Dhabi Global Healthcare Week (ADGHW) is a major government initiative from DoH, taking place between 13 and 15 May 2024.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)
MBZUAI is a graduate, research university focused on artificial intelligence, computer science, and digital technologies across industrial sectors. The university aims to empower students, businesses, and governments to advance artificial intelligence as a global force for positive progress. MBZUAI offers various graduate programs designed to pursue advanced, specialized knowledge and skills in artificial intelligence, including computer science, computer vision, machine learning, natural language processing, and robotics. For more information, please visit www.mbzuai.ac.ae.
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Artificial Intelligence

Vantiva Ships Over 125 Million Open-Source RDK Devices Globally

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Milestone includes RDK-Broadband and RDK-Video devices shipped to Network Service Providers across the world
PARIS, May 13, 2024 /PRNewswire/ — Vantiva (Euronext Paris: VANTI), a global technology leader enabling Network Service Providers (NSPs) to connect consumers worldwide, today announced that it has shipped more than 125 million RDK-based customer premise equipment (CPE) products since 2012, strengthening its market share as of 2024. RDK is a fully modular, portable and customizable open-source software solution that standardizes core functions used in video, broadband and Internet of Things (IoT) devices. Vantiva has been an active member of the RDK community since its inception, providing RDK solutions across IP, Hybrid and Quadrature Amplitude Modulation devices. In 2014, Vantiva contributed software that helped enable RDK to expand its applicability to broadband devices, meeting the demand of operators worldwide for greater technical commonality among suppliers.

 
“Vantiva has played a vital role in helping RDK become a driving force for innovation across broadband and video globally,” said Jason Briggs, President and General Manager of RDK. “Network Service Providers understand the benefits RDK provides in terms of versatility and software commonality, and the importance of having a proven CPE partner, like Vantiva, who can help them deliver at scale. We look forward to continuing to collaborate with Vantiva to extend the reach of RDK for many years to come.”  
RDK-Broadband (RDK-B) is an open platform for broadband devices that provides customers with an industry-leading standard of technology facilitating efficiencies in development cycles through collaborative industry contributions that drive lean business results. Operators can efficiently introduce a wider array of enhanced offerings, like parental controls or cybersecurity, while maintaining complete control over design, development, deployment and data management. RDK-Video (RDK-V) provides developers and operators with a unified software stack for set-top boxes (STBs) and home gateways across a broad range of complex video and management functions, including rendering, content, device management and networking.
“RDK has grown exponentially thanks to the leadership of RDK Management and to the more than 600 companies that contribute to the RDK community,” said Leopold Diouf, Senior Vice President of the product division at Vantiva. “By leveraging RDK as a platform, Vantiva delivers innovative software solutions to a globally diverse range of NSPs and multiple access technologies – DOCSIS, fiber and fixed wireless access. This approach provides our clients with the latest software advancements efficiently and effectively, empowering them to focus their efforts on new services that drive their businesses forward.”
All of Vantiva’s DOCSIS gateways ship with RDK-B as the default software stack. Vantiva’s RDK-V STBs are deployed with leading NSPs across the globe. 
Achieving more than 125 million RDK devices shipped is the latest strategic milestone in Vantiva’s ongoing commitment to providing open and innovative technologies for customers and operators around the world. Vantiva’s goal is to bring seamless connectivity and premium entertainment experiences to consumers by creating best-in-class CPE and partnering with the most innovative companies in the connected home ecosystem. 
ContactsVantiva Press Relations     [email protected]   
Thatcher+Co. for [email protected] 
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Artificial Intelligence

Ambient Intelligence Market Size to Grow USD 185.5 Billion by 2032 at a CAGR of 25.7% | Valuates Reports

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BANGALORE, India, May 13, 2024 /PRNewswire/ — Ambient Intelligence Market is Segmented By Component (Hardware, Software, Service), By Technology (Bluetooth Low Energy, RFID, Ambient Light Sensor, Software Agents, Affective Computing, Biometrics, Others), By End User (Residential, Retail, Healthcare, Office Building, Automotive, Others).

The Global Ambient Intelligence Market was valued at USD 19.2 Billion in 2022, and is projected to reach USD 185.5 Billion by 2032, growing at a CAGR of 25.7% from 2023 to 2032.
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Major Factors Driving the Growth of Ambient Intelligence Market:
The market for ambient intelligence is expanding rapidly thanks to a number of important considerations. The need for ambient intelligence solutions is primarily being driven by the growing integration of smart technology into common things, together with improvements in IoT (Internet of Things) and AI (Artificial Intelligence). Market expansion is further accelerated by the growing global adoption of smart home and smart city projects. Furthermore, the adoption of ambient intelligence systems is fueled by the increasing need for individualized user experiences and seamless connection across a variety of industries, including healthcare, retail, and automotive. Together, these elements are fueling the market for ambient intelligence, which is expected to revolutionize how humans interact with our surroundings.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-4W582/ambient-intelligence 
TRENDS INFLUENCING THE GROWTH OF THE GLOBAL AMBIENT INTELLIGENCE MARKET: 
By redefining patient care and experience, ambient intelligence hardware combined with affective computing technology in the healthcare sector is driving the growth of the ambient intelligence market. With the use of affective computing, medical professionals may monitor mental health issues, gauge patient moods, and customize treatment regimens by analyzing physiological signs such as voice tonality and facial expressions. Hardware with ambient intelligence, including sensors and smart devices integrated into medical settings, makes data collecting and interpretation easier and improves patient involvement and professional decision-making. Affective computing and ambient intelligence together enhance healthcare outcomes and stimulate the market by encouraging creativity and efficiency in the provision of healthcare services.
The market for ambient intelligence is expanding due to the growing need for smart home automation solutions. By adding smart technologies that automate chores and adjust to their needs, homeowners want to improve comfort, convenience, and energy efficiency in their houses. Voice-activated assistants, lighting control systems, and smart thermostats are a few examples of ambient intelligence technologies that provide seamless automation and connection, spurring market growth and acceptance in the smart home space.
Ambient intelligence solutions are becoming more and more popular because of the need for individualized user experiences in a variety of industries, such as retail, healthcare, and entertainment. Ambient intelligence systems anticipate user wants, preferences, and behaviors by utilizing data analytics, machine learning, and context-aware computing. This allows them to provide customized experiences that increase user pleasure and engagement. This customized strategy increases market growth by cultivating brand distinction and consumer loyalty in addition to enhancing user experiences. The aging population and the rise in chronic illness rates have made ambient assisted living technologies more important, which has fueled the healthcare industry’s growth in the ambient intelligence market.
The market is expanding as a result of rising consumer adoption of ambient intelligence technologies and their advantages in everyday life. Customers are more likely to embrace ambient intelligence solutions in other areas of their lives when they see the efficiency, convenience, and personalization that these solutions provide in a variety of domains, such wearables, smart homes, and linked autos. Additionally, as smart gadgets and digital assistants proliferate, customers become more acquainted with ambient intelligence principles, which facilitates wider acceptance and market growth.
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AMBIENT INTELLIGENCE MARKET SHARE:
Due to a variety of factors, including the early adoption of modern technologies, the presence of several important companies in the ambient intelligence vendor market, and the significant digitization of different industries in the area, North America held the biggest market share for ambient intelligence in 2022.
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Key Companies:
Siemens AGHoneywell International IncBioIntelliSenseAccel RoboticsABB GroupJohnson ControlsNuance Communications, Inc.INFOSYS LIMITEDSchneider ElectricEyeris Technologies, Inc.Purchase Chapters: https://reports.valuates.com/request/chaptercost/ALLI-Auto-4W582/Ambient_Intelligence_Market
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