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Bone Grafts and Substitutes Market Size to Hit US$ 4.44 Billion at a 4.9% CAGR by 2028

04-11-2024 06:03 AM CET | Health & Medicine

Press release from: Fact.MR

Bone Grafts and Substitutes Market

Bone Grafts and Substitutes Market

The bone grafts and substitutes market in North America share is expected to account for a significant 53.1% during the forecast period, mainly due to increasing prevalence of spinal diseases and growing elderly population.

The global bone grafts and substitutes market (骨移植片および代替品市場) has been estimated to be estimated. at approximately USD 3.06 billion in 2020. Sales of these products are projected to grow steadily at a CAGR of 4.9% to reach approximately USD 4.44 billion by the end of 2028.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7229

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

AlloSource
Integra LifeSciences
NuVasive, Inc.
Stryker
Wright Medical Group N.V.
Xtant Medical
Zimmer Biomet
Baxter Healthcare Corporation
Medtronic plc

In recent years, the global healthcare industry has seen a significant increase in the demand for orthopedic procedures, which has driven the market for bone grafts and replacements to new heights. This significant increase can be attributed to several factors, including an aging population, an increase in musculoskeletal disorders, and the constant advancement of medical technologies and materials.

𝐓𝐡𝐞 𝐍𝐞𝐞𝐝 𝐟𝐨𝐫 𝐎𝐫𝐭𝐡𝐨𝐩𝐞𝐝𝐢𝐜 𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞𝐬

Orthopedic procedures, including joint replacement, spinal fusion, and fracture . repair, have become more common as people around the world try to maintain an active lifestyle and fight the effects of aging. With the increase in life expectancy, the prevalence of bone and joint diseases has increased significantly, leading to an increasing need for orthopedic procedures. As a result, bone grafts and substitutes have become a central part of these procedures.

The Role of Bone Grafts and Substitutesbone grafts and substitutes are essential tools in orthopedic surgery. They contribute to the restoration and regeneration of damaged or weakened bone tissue. These grafts can come from a variety of sources, including autografts (the patient's own bone), allografts (donor), and synthetic materials. Their main purpose is to provide structural support and stimulate the body's natural healing processes.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

An aging population. The aging of the world's population is a major factor in the increasing demand for orthopedic procedures. As they age, they are more prone to bone and joint diseases, resulting in an increasing need for orthopedic surgery and bone grafting.
Musculoskeletal diseases are on the rise: Musculoskeletal diseases such as osteoarthritis, osteoporosis and degenerative disc diseases are on the rise. These conditions often require surgical procedures followed by the use of bone grafts and substitutes.
Technological Advances: Innovations in orthopedics and regenerative medicine have led to the development of more advanced bone grafts and replacements. These products offer better biocompatibility and efficacy, resulting in higher success rates for surgical procedures.
Increased Awareness: Patients and healthcare professionals are increasingly aware of the benefits of bone grafts and bone substitutes. The availability of information and training campaigns encouraged their widespread adoption.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

In the bone graft and bone replacement industry, manufacturers are constantly devoting resources to improving the bioactivity, biocompatibility and mechanical properties of their products. These companies have a diverse portfolio of technologically advanced products and a significant global presence. Major players continue to introduce innovative products for various orthopedic applications.

For example

Synthes, Inc., a subsidiary of Johnson and Johnson, produces the bone graft substitute ChronOS Strip. This synthetic bone graft contains kronOS tricalcium phosphate granules that can be infused into the patient's bone marrow and blood to promote integration and healing.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐁𝐨𝐧𝐞 𝐆𝐫𝐚𝐟𝐭𝐬 𝐚𝐧𝐝 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Product:
Allografts
Demineralized Bone Matrix (DBM)
Others
Synthetic Bone Grafts
Others

By Material:
Ceramic-based
Calcium Phosphate
Calcium Sulfate
Others
Polymer-based
Polylactides
Polyglycolides
Polyurethanes
Others
Growth Factor-based
Cell-based
Others

By End User:
Hospitals
Orthopedic Clinics
Others

By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/bone-grafts-and-substitutes-market

The surge in the global Bone Grafts and Substitutes market can be attributed to the increasing demand for orthopedic procedures, driven by factors such as an aging population and the prevalence of musculoskeletal disorders. With ongoing advancements in medical technologies and materials, the future of orthopedics looks promising, providing hope for improved patient outcomes and a higher quality of life for individuals in need of these essential procedures.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑

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