Cobalt-chrome (CoCr) is a metal alloy that has outstanding strength, as well as wear and corrosion resistance. Because of these features and it\'s biocompatibility, Cobalt-chrome is often used for making dental/orthopedic implants.
CoCr alloys are widely used for medical prosthetic implant devices. The alloys are especially used where high stiffness or a highly polished and extremely wear-resistant material is required. CoCr alloys are the materials of choice for applications such as knee implants, metal-to-metal hip joints and dental prosthetics.
Although there are substitutes of cobalt-chrome alloys, it can\'t be replaced easily and has been widely used in downstream industry. Backed with increasing demand from water industry, it is estimated that global cobalt-chrome alloys industry will be worthy of 15.00 million USD in 2024, with the CAGR of 1.16% during the period of 2020 to 2024.
Global Cobalt-Chrome Alloys market size will increase to 15 Million US$ by 2026, from 14 Million US$ in 2020, at a CAGR of 1.2% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Cobalt-Chrome Alloys.
This report covers the present status and the future prospects of the global Cobalt-Chrome Alloys market for 2015-2026.
The report offers detailed coverage of Cobalt-Chrome Alloys industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cobalt-Chrome Alloys by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Arcam, CarTech, VDM Metals, Kulzer, EOS, SLM, Dentaurum, 3DMT, AMC Powders, ACME
Market Segment as follows:
Market by Order Type
CoCrMo Alloys
CoNiCrMo Alloys
CoCrWNi Alloys
Other
Cobalt-Chrome Alloys Breakdown Data by Application
Dental Implants
Medical Implants
Gas Turbines
Other
Cobalt-Chrome Alloys Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cobalt-Chrome Alloys market for the forecast period 2021 - 2026?
• What are the driving forces in the Cobalt-Chrome Alloys market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cobalt-Chrome Alloys industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.