Press release
Global Bone Void Fillers Market To Be Driven By The Rising Prevalence Of Bone-Related Diseases In The Forecast Period Of 2022-2027
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 6.0%
The need for bone void fillers to fill bony voids or gaps in the skeletal system is projected to fuel the global bone void fillers market. The rising prevalence of bone-related diseases, such as bone tumours and osteomyelitis, is propelling the market forward. Other types of bone lesions, trauma, and bone fractures necessitate the use of bone void fillers.
The rapid adoption of synthetic void fillers involving various material types, such as tricalcium phosphate and calcium sulfate, and the increased launch of advanced products by market players, are expected to drive the market growth in the region. In addition, the rise in the prevalence of orthopaedic problems such as osteoporosis, spinal injuries, and spinal deformity is driving the expansion of the bone void fillers market.
Industry Definition and Major Segments:
Bone void fillers are synthetic bone graft substitutes that are used to fill holes or gaps in the bone structure in order to maintain stability. These bone flaws could be surgically generated osseous defects or any injury-induced bone defect. These fillers are commercially available in powder, paste, gel, granules, and putty forms.
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Based on type, the global bone void fillers market is segmented into:
• Demineralised Bone Matrix
• Collagen Matrix
• Calcium Sulphate
• Tri-Calcium Phosphate
• Others
By form, the market is classified into:
• Gel
• Granules
• Paste
• Putty
• Others
The end-use of the market are:
• Hospitals
• Speciality Clinics
• Others
On the basis of region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends:
The rising availability of synthetic bone substitutes for therapeutic usage is expected to drive significant growth in the global bone void fillers market. Companies are also concentrating on R&D initiatives and launching antibiotic eluting void fillers that can also decrease the chances of bone infections. Furthermore, the increased significance of clinical research in developing medications for the treatment of bone disorders is also expected to drive the global market growth.
The launch of new products along with regulatory approvals is expected to foster the market growth. Further, an increase in the number of clinical trials with desired findings, as well asalong with the high-end investments by market participants in R&D activities, is driving up demand for bone void fillers.
Key Market Players:
The major players in the market are Arthrex Inc., BONE SUPPORT AB, Stryker Corporation, Zimmer Biomet, and Exactech, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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