Global Bone Grafts and Substitutes Market, By Product Type (Bone Grafts, Bone Grafts Substitutes), Application (Craniomaxillofacial, Dental, Foot and Ankle, Joint Reconstruction, Long Bone, Spinal Fusion), End User (Hospitals, Specialty Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Bone Grafts and Substitutes
Bone grafts and substitutes market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 4,255.08 million by 2028 and will grow at a CAGR of 4.99% in the above mentioned forecast period.
Bone grafting is a surgical process which used to operate sternly complicated bone fractures. Bones grafts are implantable materials are largely during a medical process to help in bone formation, bone healing and also osseous reconstruction.
The rapid increase in incidents of musculoskeletal disorders and high growth of biocompatible synthetic bone grafts is amongst the important factors intensifying the growth and demand of bone grafts and substitutes market. In addition, the rapid technological advancements in medical field leading to a shift from autograft to the allograft and increasing aging population are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the growing penetration of specialty orthopedic clinics and health insurance are also enhancing the growth of the market. Furthermore, the rising consumer awareness of appearance and growing preference for natural or organic goods are also one of the significant factors fueling the growth of the bone grafts and substitutes market. Rising disposable income in emerging economies will also make sure high industry growth over the forecast period.
The high adoption of dental bone grafts and rapid technological advancements as well as the rising trend of adoption of minimally invasive surgeries (MIS) will further accelerate the expansion of the bone grafts and substitutes market and are also is offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost coupled with surgeries and various ethical issues related to bone grafting procedures will curb the growth of the bone grafts and substitutes market, whereas the certain clinical limitations and high morbidity have the potential to challenge the growth of the bone grafts and substitutes market.
This bone grafts and substitutes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bone grafts and substitutes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bone Grafts and Substitutes Market Scope and Market Size
Bone grafts and substitutes market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the bone grafts and substitutes market is segmented into bone grafts and bone grafts substitutes. Bone grafts have further been segmented into allograft and xenografts. Bone grafts substitutes have further been segmented into ceramics, composites, polymers bone morphogenic proteins (BMP), demineralized bone matrix (DBM) and others. Ceramics are further sub-segmented into HAP, β-TCP, α-TCP, Bi-phasic calcium phosphates (BCP) and others.
- On the basis of application, the bone grafts and substitutes market is segmented into craniomaxillofacial, dental, foot and ankle, joint reconstruction, long bone and spinal fusion.
- The end user segment of bone grafts and substitutes market is segmented into hospitals, specialty clinics and others.
Bone Grafts and Substitutes Market Country Level Analysis
Bone grafts and substitutes market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the bone grafts and substitutes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the bone grafts and substitutes market owing to the increasing awareness regarding the commercially available advanced products, growing healthcare expenditure, and convenience of well-developed healthcare structure within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing medical tourism and favorable government initiatives within this particular region.
The country section of the bone grafts and substitutes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Bone grafts and substitutes market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for bone grafts and substitutes market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the bone grafts and substitutes market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Bone Grafts and Substitutes Market Share Analysis
Bone grafts and substitutes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bone grafts and substitutes market.
The major players covered in the bone grafts and substitutes market report are AlloSource, Baxter, Johnson & Johnson Services, Inc., Smith & Nephew, Stryker, Orthofix Medical Inc., Zimmer Biomet, Medtronic, Geistlich Pharma AG, Dentsply Sirona, Biobank, Wright Medical Group N.V., Globus Medical, BioHorizons, Integra LifeSciences, Arthrex, Inc., Artoss, Inc., ACE Surgical Supply Co., Inc., ACE Surgical Supply Co., Inc., Institut Straumann AG and NuVasive, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-