IMARC Group’s latest research report, titled “Bone Graft and Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on bone graft and substitutes market share.
The global bone graft and substitutes market reached a value of US$ 2.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2027, exhibiting a CAGR of 6.2% during 2022-2027. Bone graft and substitutes represent the synthetic and biologically organic combinations that are utilized for replacing missing bones or repairing defects. They are commercially available in moldable putty, pellets, injectables, and solid block forms. Bone graft and substitutes are composed of osteoinductive proteins, platelet-rick plasma, demineralized bone matrix, tricalcium phosphate ceramics, and other polymer-based substitutes. These materials are bioresorbable in nature, thermally nonconductive, cause no antigen-antibody reaction, etc. This, in turn, supports mitogenesis of identical bone cells, promotes wound healing, aids in new bone formation, etc. Consequently, bone graft and substitutes are extensively used in facial, spinal, foot, ankle, and trauma surgeries.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by material type, application and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for bone graft and substitutes market
- Strategies of major players and product offerings
The expanding geriatric population, who are more susceptible to musculoskeletal disorders, is primarily driving the bone graft and substitutes market. Additionally, the growing awareness among patients towards the various benefits of bone regeneration via biologics is further catalyzing the market growth. Besides this, the introduction of new polymer and ceramic products that have biologically superior characteristics is acting as another significant growth-inducing factor. Moreover, the escalating demand for minimally invasive (MI) medical procedures is also positively influencing the global market. Apart from this, the rising investments in R&D activities aimed at developing advanced manufacturing technologies, including rapid prototyping and three-dimensional (3D) printing, are also helping in the fabrication of free-form biomaterial scaffolds for tissue regeneration, which is anticipated to fuel the bone graft and substitutes market over the forecasted period.
The competitive landscape of the market with some of the key players being
- 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.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Market Breakup by Material Type:
- Bone Graft Substitutes
- Cell-based Matrices
Market Breakup by Application:
- Spinal Fusion
- Joint Reconstruction
- Foot and Ankle
- Dental Bone Grafting
Market Breakup by End User:
- Surgical Centres
Market Breakup by Region:
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: 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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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