Press release
Bone Grafts And Substitutes Market is Projected to Reach US $ 4.3 Billion
The global bone grafts and substitutes market size is anticipated to reach USD 4.3 billion by 2030, according to a new report by Global Market Vision. It is expected to expand at a CAGR of 6.1% from 2023 to 2030. The increasing prevalence of orthopedic disorders and a surge in the number of orthopedic surgeries are likely to drive the global bone grafts and substitutes market. In addition, technological advancements in developing advanced orthopedic grafts & substitutes and rising investments by leading players to meet increasing global demand for advanced grafts have further escalated the industry expansion.The growing incidence of fractures is leading to an increase in the rate of grafting procedures. According to the International Osteo porosis Foundation, 8.9 million fractures are caused by osteoporosis every year around the world. Bone fractures affect almost 6.3% of men and 21.2% of women aged 50 and older across the globe. The global incidence of hip fractures is anticipated to increase by 310% in men and 240% in women by 2050. Thus, the increasing cases of bone fractures is likely to have a positive impact on market growth.
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Moreover, technological advancements in terms of graft technologies and recent advances in 3D printing technology have driven the market at a significant pace. For instance, 3D printing technology has enabled the creation of custom-designed grafts and substitutes that match the patient's anatomy. In addition, this technology allows for better fit and integration, reducing the risk of rejection and improving healing time. Some of the examples of 3D printed graft products are, P3D bone of Ossiform, CT-Bone from XILLC, among others.
The objective of the report is to present a comprehensive analysis of the Bone Grafts And Substitutes Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. POSTER, SWOT, and PESTEL analyses with the potential impact of macroeconomic factors on the market have been presented in the report.
Major Market Players Profiled in the Report include:
• AlloSource
• Baxter
• DePuySynthes, Inc.
• Medtronic
• Nuvasive, Inc.
• Orthofix Holdings, Inc.
• Smith & Nephew, Inc.
• Stryker Corporation
• Wright Medical Group N.V.
• OST Devloppement
• Zimmer Biomet
• GeistlichPharma AG
• TBF Tissue Engineering
• Biobank
Global Bone Grafts And Substitutes Market Segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.
Bone Grafts And Substitutes Material Type Outlook
• Allograft
o Demineralized Bone Matrix
o Others
• Synthetic
o Ceramics
o HAP
o β-TCP
o α-TCP
o Bi-phasic Calcium Phosphates (BCP)
o Others
o Composites
o Polymers
o Bone Morphogenic Proteins (BMP)
Bone Grafts And Substitutes Application Outlook
• Craniomaxillofacial
• Dental
• Foot & Ankle
• Joint Reconstruction
• Long Bone
• Spinal Fusion
•
The report provides precise information about each Bone Grafts And Substitutes market's key players and upcoming competitors. Their global standing, economic activity, plans, product launches, R&D activities, as well as SWOT analysis, revenue share, and contact information are shared in this analysis report. The business strategies of important players and recent market entrants, such as collaborations, mergers and acquisitions, joint ventures, and partnerships, are thoroughly examined.
The report reveals a growing opportunity for manufacturers who are ready to spend on developing new and innovative goods. Businesses can position themselves for success in this dynamic and ever-changing market by keeping up with the most recent trends and innovations in the sector. For better understanding, the insights in the report are presented through a graphical representation of the figures in the form of bar graphs, statistics, and pie charts.
Important Features that are under Offering Bone Grafts And Substitutes Market Highlights of the Reports:
⋆ Detailed Overview of this Market
⋆ Changes in industry market dynamics
⋆ Detailed market segmentation by type, application, etc.
⋆ The historical, current, and projected market size in terms of quantity and value
⋆ Recent industry trends and developments
⋆ Competition situation of this Market
⋆ Key companies and product strategies
⋆ Potential niche segment/region showing promising growth.
The Primary Objectives in This Report Are:
• To determine the size of the total market opportunity of global and key countries
• To assess the growth potential for Bone Grafts And Substitutes
• To forecast future growth in each product and end-use market
• To assess competitive factors affecting the marketplace
• This report profiles key players in the global Bone Grafts And Substitutes market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
• This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Scope of the Bone Grafts And Substitutes Market Report:
The research examines the key players in the global Bone Grafts And Substitutes market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. This study estimates the market size in terms of both values (millions of dollars) and volume (millions of units / K Units). Both top-down and bottom-up techniques were used to estimate and validate the market size of the Bone Grafts And Substitutes market, as well as the size of various other dependent submarkets in the overall market. To identify important market participants, secondary research was utilized, and primary and secondary research was employed to determine their market shares. All percentage share splits and breakdowns were calculated using secondary sources and verified sources.
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The final report will add the analysis of the Impact of Covid-19 in this report Bone Grafts And Substitutes Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Bone Grafts And Substitutes Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Bone Grafts And Substitutes Market is analyzed and depicted in the report.
Read More- https://globalmarketvision.com/reports/global-bone-grafts-and-substitutes-bgs-market/60177
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Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
About Global Market Vision
Global Market Vision a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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