2021 Bone Replacement Market: Covering Prime Factors and Leading Key Players (Smith & Nephew, Zimmer Biomet, Stryker, Wright Medical, Lima) | Competitive Outlook Till 2025

Global Bone Replacement Market Synopsis:

The report covers a forecast and an analysis of the Bone Replacement Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Bone Replacement Market along with the impact they have on the demand over the forecast period.

The Global Bone Replacement Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Bone Replacement market size to maintain the average annual growth rate of 0.0356391483247 from $16.2 Billion in 2015 to $19.3 Billion in 2019, market analysts believe that in the next few years, Bone Replacement market size will be further expanded, we expect that by 2025, The market size of the Bone Replacement will reach $23.3 Billion.

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According to the market research study, Bone Replacement is a procedure of replacing or fixing bones that are damaged due to trauma, calcification, and restoration. The bone replacement procedure makes use of grafts, synthetic materials, and other biologics. The procedure involves placement of the graft in the targeted area to stimulate the regrowth of bone tissue and fill bone gaps. The Bone Replacement products are required to fill the gap or replace the entire section following an accident or after tumor removal, which includes the implants made from metal, ceramic, plastic, and combination of materials.

The major key factors driving the growth of the Global Bone Replacement Market are rapid growth in number of road accidents, increasing geriatric population, and technological advancements in bone graft devices. As per the International Osteoporosis Foundation, globally, more than 8.9 million fractures occur due to osteoporosis every year, leading to higher demand for bone replacement surgery. Thus, growing prevalence osteoporosis will significantly boost Bone Replacement Market during the projected timeframe.

On the basis of Regional analysis, North America and Europe holds major share in global Bone Replacement market. Moreover, Asia-Pacific is expected to record higher growth rate in Bone Replacement Market during the forecast year.

Global Key Players:

1 Zimmer Biomet

2 DePuy Synthes

3 Stryker

4 Smith & Nephew

5 Wright Medical

6 Aesculap

7 Exactech

8 Mathys

9 Waldemar LINK

10 Lima Corporate

11 Japan MDM

12 JRI Orthopaedics

13 FH Orthopedics

14 KYOCERA Medical

15 Baumer

16 United Orthopedic

17 Beijing AKEC

18 Beijing Chunlizhengda

19 Beijing Jinghang and More…………………

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Product Type Segmentation

1 Hip Replacement

2 Knee Replacement

3 Extremities

Industry Segmentation

1 Less than 45

2 45-64

3 65+

Latest Medical Industry News:

Smith+Nephew (March 03, 2021) - Smith+Nephew and Huma develop remote patient monitoring app to assist the safe restart of UK orthopaedic surgery - Smith+Nephew, the global medical technology business, and Huma, the global digital health company, today announce the launch of their remote patient monitoring app for orthopaedic surgery.

There are an estimated 250,000 patients on waiting lists for orthopaedic operations due to COVID-19, with UK surgery running at 50% of usual capacity. To restart safe surgery, Smith+Nephew and Huma have developed a way for surgeons to better prepare their patients ahead of operations, through remote patient monitoring. Previous work has shown the positive impact that better preparation can have on patients, such as reducing recovery time, and digital services like this can offer timely, tailored information and reminders to help patients be prepared.

Smith+Nephew have provided the orthopaedic expertise, and Huma the digital technology to create an app which will assist in the management of patients undergoing knee and hip replacement surgery. Patients receive pre-surgery guidance, access virtual rehabilitation resources and can have video calls with their surgical team, whilst clinicians can monitor how patients are recovering and use health data to check patients will be well enough for surgery. Importantly, a COVID-19 symptom tracker checks for self-reported signs of infection before being admitted to hospital and after discharge, giving reassurance to patients and staff.

Professor Edward Davis, Consultant Orthopaedic Surgeon at Ramsay West Midlands Hospital and The Royal Orthopaedic Hospital, added, “In many hospitals around the country, we are facing a backlog of patients. They are often older, in pain and with a severely impacted quality of life. The use of this smart technology enables surgical centres to support patients through treatment, given the considerable constraints of operating and seeing patients during a pandemic.”

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Major Points in Table of Contents:

Global Bone Replacement Market Report 2021

1 Bone Replacement Product Definition

2 Global Bone Replacement Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Bone Replacement Shipments

2.2 Global Manufacturer Bone Replacement Business Revenue

2.3 Global Bone Replacement Market Overview

2.4 COVID-19 Impact on Bone Replacement Industry

3 Manufacturer Bone Replacement Business Introduction

3.1 Zimmer Biomet Bone Replacement Business Introduction

3.2 DePuy Synthes Bone Replacement Business Introduction

3.3 Stryker Bone Replacement Business Introduction

3.4 Smith & Nephew Bone Replacement Business Introduction

3.5 Wright Medical Bone Replacement Business Introduction

3.6 Aesculap Bone Replacement Business Introduction

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