Bone Grafts and Substitutes Market will exhibit a CAGR of 6.2% 2030

Posted by omkar on October 19th, 2019

The Global Bone Grafts and Substitutes market held USD 2,821.6 million in 2018 and is predicted to reach USD 4,751.0 million by 2030 with a CAGR of 6.2% from 2019-2027  

Read Report Overview @

https://www.nextmsc.com/report/bone-graft-and-substitutes

Bone grafts are implantable materials that help in bone healing, bone formation, and osseous reconstruction. These grafts has special properties such as osteoconductive, osteogenic, and osteoinductive. They are also used to fill voids in bones or help in providing structural stability.

The increasing adoption of technologically advanced products by surgeons and are extensively used in wound healing and complex fracture treatment has increased the bone grafts and substitutes market size by 2030. The growing number of road accidents and sports injuries has increased the use of dental bone grafts and substitutes as they takes less time in the treatment and healing.

The factors including increase in demand for dental bone grafts, and rising target population base, and technological advancements in medical field has majorly driven the bone grafts and substitutes market. The increase in incidence of bone and joint disorders and development of biocompatible synthetic bone grafts has further supplemented the market growth. The high cost of surgeries and ethical issues related to bone grafting may limit the growth the bone grafts and substitutes market. The emerging markets to offer lucrative growth opportunities for the bone grafts and substitutes market share in future.

The bone grafts and substitutes market is segmented on the basis of application, end user, and geography. On the basis of type, the market is segmented into bone graft substitutes, allograft, and cell-based matrices. On the basis of application, the market covers spinal fusion, trauma, dental bone grafting, craniomaxillofacial, and joint reconstruction. On the basis of material type, the bone grafts and substitutes market is divided into collagen, hydroxyapatite, tricalcium phosphate, human cell source, animal source, and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and Row.

North America denotes a higher adoption of the bone grafts and substitutes and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including high healthcare expenditure, high awareness and availability of advanced healthcare infrastructure, and continuous evolution of bone grafts and substitutes.

It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to rapidly increasing geriatric population, increase in the rate of adoption of bone grafts and substitutes products, and presence of large patient pool migrates.

Request to view Sample Report:

https://www.nextmsc.com/Bone-Graft-and-Substitutes/request-sample

Comprehensive competitive analysis and profiles of the major market players such as Baxter International Inc., Integra LifeSciences Holdings Corporation, Arthrex, Inc., Johnson & Johnson, Wright Medical Group N.V., Medtronic Plc., Zimmer Biomet Holdings, Inc., Stryker Corporation, Musculoskeletal Transplant Foundation, NuVasive, Inc., and others are provided in the bone grafts and substitutes market report.