Bone Graft Substitutes MarketPosted by NISHA SHAHA on May 9th, 2022 Rising target population, growing number spinal fusion surgeries, and adoption of allografts are key growth factors for this market The global bone graft substitutes market accounted for US$ 2.78 billion in 2020 and is estimated to be 4.19 billion by 2030 and is anticipated to register a CAGR of 4.1%. The report. \"Global Bone Graft Substitutes Market, By Type (Allograft (Machined Allograft and Demineralized Bone Matrix), Bone Graft Substitute (Bone Morphogenic Proteins (BMP) and Synthetic Bone Grafts), and Cell-based Matrices), By Application (Spinal Fusion, Trauma, Joint Reconstruction, Dental Bone Grafting, and Craniomaxillofacial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”. Key highlights:
Analyst View: Growing number of orthopedic surgeries Bone grafts and substitutes are orthopedic surgeries extensively utilized in for various applications. Increasing cases of orthopedic problems caused due to weakened bones are expected to drive the demand for the target market. As per the data published by Department of Economic and Social Affairs, United Nations, Population Division, in 2013 the number of people aged above 60 was 841 million and is estimated to reach 2 billion in 2050. Hence, the number of orthopedic surgeries is projected to increasing with rising geriatric population prone to orthopedic ailments. Thus, the market is expected to register significant demand in the coming years. Rising adoption of minimally invasive surgeries Growing adoption of minimally invasive surgeries (MIS) is also rising the demand for bone graft substitutes market. Specialists are opting for MIS instead of open surgery due to associated benefits such as reduced post-operative duration, minimal pain, and less injury to the tissue. According to Minim Invasive Surg in 2018, around 400,000 spinal fusion cases are implemented in the U.S. per year and it ranks one of the most frequently performed and well-established treatment options for degenerative disorders, spine trauma, tumors, and structural abnormalities. Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Bone Graft Substitutes Market”, By Type (Allograft (Machined Allograft and Demineralized Bone Matrix), Bone Graft Substitute (Bone Morphogenic Proteins (BMP) and Synthetic Bone Grafts), and Cell-based Matrices), By Application (Spinal Fusion, Trauma, Joint Reconstruction, Dental Bone Grafting, and Craniomaxillofacial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030 Key Market Insights from the report: The global bone graft substitutes market accounted for US$ 2.78 billion in 2020 and is estimated to be 4.19 billion by 2030 and is anticipated to register a CAGR of 4.1%. The market report has been segmented on the basis of type, application, and region.
To know the upcoming trends and insights prevalent in this market, click the link below: https://www.prophecymarketinsights.com/market_insight/Global-Bone-Graft-Substitutes-Market-4298 Competitive Landscape: The prominent player operating in the global bone graft substitutes market includes Arthrex, Inc., Baxter International Inc., Johnson & Johnson (DePuy Synthes), Medtronic Plc., Integra LifeSciences Holdings Corporation, Musculoskeletal Transplant Foundation, Stryker Corporation, Wright Medical Group N.V., NuVasive, Inc., and Zimmer Biomet Holdings, Inc. The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report. To know more Contact Us: Sales Prophecy Market Insights Like it? Share it!More by this author |