Bone Grafts And Substitutes Market 2020 Growth Analysis, Opportunities, Trends, Developments And Forecast To 2025

Global Bone Grafts And Substitutes Market - Growth, Trends, And Forecast (2020 - 2025)

This report provides along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities, and challenges in the Bone Grafts And Substitutes market. This research report offers an in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities, and challenges.

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Key manufacturers are included based on the company profile, sales data, and product specifications, etc.: Zimmer Biomet, Stryker Corporation, Smith & Nephew PLC, Medtronic PLC, Johnson and Johnson, Baxter International Inc., Integra Lifesciences Holdings Corporation, Orthofix Holdings Inc., Geistlich Pharma AG, SeaSpine

The major factors driving the growth of the market studied include the rising number of road injuries and joint disorders. There are various bone and joint disorders affecting the body's musculoskeletal system, which include arthritis, osteoarthritis, rheumatoid arthritis, osteoporosis, and fractures. Arthritis is the leading cause of disability among adults in the United States. Almost 50 million people in the United States experience some type of arthritis. According to the data from the World Population Prospects: The 2017 Revision, the number of older people (those aged 60 years or above) is expected to more than double by 2050, rising from 962 million in 2017 to 2.1 billion in 2050, and 3.1 billion in 2100. Globally, the population aged 60 years or above is registering faster growth than all younger age groups. The aging populace is more prone to musculoskeletal disorders, such as arthritis and osteoporosis. According to the State of Musculoskeletal Health 2019 report, in the United Kingdom, around 8.75 million people aged between 45 years and over (33%) sought treatment for osteoarthritis. The knee is the most common site in the body for osteoarthritis, followed by the hip and hands/wrists.

Joint Reconstruction Area of Application is Poised to Grow Rapidly Over the Forecast Period

The major factors expected to drive the growth of the market studied are the rising number of cases of joint disorders and the increasing number of surgeries across the world. Joint reconstruction is a surgery performed for reconstructing the architecture of a joint for restoring its functions. Some of the joint reconstruction procedures are found to be the total hip replacement, total knee replacement, and the anterior cruciate ligament.

As per the NIH, it is expected that, by the end of 2030, around 67 million people may be suffering from osteoarthritis in the United States. This, in turn, is expected to increase the adoption of joint reconstruction. Furthermore, according to the National Joint Registry in 2017, it was estimated that approximately 160,000 total hip and knee replacement procedures are performed each year, in England and Wales. The American Academy of Orthopaedic Surgeons (AAOS), in 2015, estimated that knee and hip replacement dominated the joint replacement procedures. Hence, with the aforementioned statistics, it is evident that an increasing number of replacement surgeries are taking place across the world, with the increasing usage of bone grafts and substitutes.

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Further in the Bone Grafts And Substitutes Market research reports, the following points are included along with an in-depth study of each point:

Production Analysis: Production of Bone Grafts And Substitutes is analyzed with respect to different regions, types, and applications. Here, price analysis of various Bone Grafts And Substitutes Market key players is also covered.

Supply and Consumption: In continuation of sales, this section studies supply, and consumption for the Bone Grafts And Substitutes Market. This part also sheds light on the gap between supply and consumption.

Key Strategic Developments: The study also includes the key strategic developments of the Bone Grafts And Substitutes market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a Global and regional scale.

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