Bone Graft and Substitutes Market: Share, Size, Growth, Top Key Players, Outlook, Demands and Foreca
- raveenaimarc
- Aug 9, 2021
- 3 min read
The latest report by IMARC Group, titled “Bone Graft and Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the global bone graft and substitutes market size reached US$ 2.6 Billion in 2018. Bone graft and substitutes play a crucial role in facilitating and enhancing the healing process of damaged bones. They are either made of biological components such as demineralized bone matrix, platelet-rich plasma and hydroxyapatite, or synthetic materials, including tricalcium phosphate ceramics, calcium sulfate, bioactive glasses and other polymer-based substitutes. They come in multiple forms ranging from pellets and moldable putty to injectables and solid blocks. Nowadays, bone grafts and substitutes are widely being used in facial and spinal surgeries, complex fracture treatments and wound healing as they help in new bone formation, bone healing and osseous reconstruction.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Bone Graft and Substitutes Market Trends:
Over the past few years, there has been a rise in the number of people who have rheumatoid arthritis, osteoarthritis, and other joint disorders. Owing to this, several market players have developed bone graft materials and technologies, such as 3D printing or prototyping. They have also improved ceramic and polymer-based bone grafts that have superior biological properties. This, in turn, has increased the demand for bone grafts and substitutes, especially among the geriatric population across the globe. Besides this, researchers are also focusing on developing biologic alternatives that will enhance the functionality of the bone graft substitutes and potentially reduce or eliminate the need for autografts. Owing to these factors, the market value is projected to reach US$ 3.4 Billion by 2024, expanding at a CAGR of around 5% during 2021-2026.
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Key Market Segmentation:
Competitive Landscape with Key Player:
Zimmer Biomet Holdings, Inc.
DePuy Synthes Companies
Wright Medical Group N.V.
Medtronic Plc
Stryker Corporation
NuVasive, Inc.
Arthrex, Inc.
Integra LifeSciences Corporation
Baxter International, Inc.
Musculoskeletal Transplant Foundation
Bacterin International Holdings
SeaSpine Holdings
LifeNet Health, Inc.
Market Breakup by Material Type:
1. Allografts 2. Bone Graft Substitutes 3. Cell-based Matrices 4. Others
Market Breakup by Application:
1. Spinal Fusion 2. Trauma 3. Joint Reconstruction 4. Foot and Ankle 5. Dental Bone Grafting 6. Craniomaxillofacial 7. Others
Market Breakup by End User:
1. Hospitals 2. Surgical Centres 3. Clinics 4. Others
Market Breakup by Region:
1. North America 2. Europe 3. Asia Pacific 4. Middle East and Africa 5. Latin America
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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