Medical Alloys Market Size, Share & Trends Analysis Report By Type (Titanium, Stainless Steel), By Application (Orthopedic, Neurological, Dental, Craniofacial), By Region, And Segment Forecasts, 2024 - 2030
The global medical alloys market size was estimated at USD 16.12 billion in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030. The key market driver is the growing demand for medical implants due to rising chronic diseases and aging populations. Conditions such as osteoporosis and cardiovascular diseases are boosting the need for durable, biocompatible materials like titanium and cobalt chromium, especially with advancements in minimally invasive surgeries and innovative implant technologies.
Innovations such as biodegradable magnesium alloys for temporary implants and advanced alloys for specific applications like cobalt chromium stents are driving growth. Ongoing R&D and new product launches are expanding the use of medical alloys in modern healthcare.
Global Medical Alloys Market Report Segmentation
This report forecasts revenue growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global medical alloys market report based on type, application, and region:
Type Outlook (Revenue, USD Billion, 2018 - 2030)
Titanium
Stainless Steel
Cobalt Chromium
Magnesium & Others
Application Outlook (Revenue, USD Billion, 2018 - 2030)
Cardiovascular
Orthopedic
Craniofacial
Dental
Neurological
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Spain
France
Italy
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Middle East & Africa
Saudi Arabia
UAE
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Global Medical Alloys Market Outlook
3.2. Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.6. Porter's Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Medical Alloys Market: Type Estimates & Trend Analysis
4.1. Medical Alloys Market: Type Movement Analysis, 2023 & 2030
4.2. Titanium
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.3. Stainless Steel
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4. Cobalt Chromium
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.5. Magnesium and Others
4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Medical Alloys Market: Application Estimates & Trend Analysis
5.1. Medical Alloys Market: Application Movement Analysis, 2023 & 2030
5.2. Cardiovascular
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.3. Orthopedic
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.4. Craniofacial
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.5. Dental
5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.6. Neurological
5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Medical Alloys Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2023 & 2030
6.2. North America
6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.4. U.S.
6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.5. Canada
6.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.5.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.6. Mexico
6.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.6.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3. Europe
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.4. Germany
6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.5. UK
6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.5.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.6. Spain
6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.6.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.7. France
6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.7.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.8. Italy
6.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.8.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.3.8.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.4. China
6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.5. India
6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.5.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.6. Japan
6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.6.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.7. South Korea
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.7.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.4.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.5. Central & South America
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.5.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.5.4. Brazil
6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.5.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6.4. Saudi Arabia
6.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.4.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6.5. UAE
6.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.5.2. Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
6.6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants