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Demineralized Bone Matrix (DBM) Market is anticipated to grow up to USD 620.2 Billion by 2032 | AlloSource, LifeNet Health Inc, Smith & Nephew, DePuy Synthes Companies

09-14-2023 08:31 PM CET | Health & Medicine

Press release from: Global Insight Services

Demineralized Bone Matrix (DBM) Market is anticipated to grow up

New York, The Global Demineralized Bone Matrix (DBM) Market was valued at USD 245.4 Billion in 2022 and it is anticipated to grow up to USD 620.2 Billion by 2032, at a CAGR of 9.7% during the forecast period.

Read more about Demineralized Bone Matrix (DBM) Market here: https://www.globalinsightservices.com/reports/demineralized-bone-matrix-dbm-market/

DBM is a bone graft substitute that is composed of demineralized bone matrix. This matrix is derived from donor bone that has been subjected to a process called demineralization. This process removes the inorganic bone minerals, leaving a scaffold of collagen and other proteins that can support new bone growth. DBM has been shown to be an effective way to promote new bone growth and has been used in a variety of orthopedic applications.

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Market Trends and Drivers
The growing prevalence of orthopedic disorders, including musculoskeletal conditions and osteoarthritis, is expected to drive the demand for demineralized bone matrix (DBM). Factors such as an increasing number of spinal fusion and dental surgeries, coupled with a growing patient population worldwide, contribute to this market growth. The World Health Organization reported that approximately 1.71 billion people globally had musculoskeletal conditions in July 2022. In Europe, the International Osteoporosis Foundation plays a vital role in raising awareness of osteoporosis care. According to a National Institute of Health article, the incidence of osteoarthritis in the United Kingdom was 6.8 per 1,000 people in 2021, with a prevalence of around 10.7%. Given the high prevalence of orthopedic disorders, DBM is expected to be in high demand as an important therapeutic option for these conditions.

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Market Segments

By Type
• Gel
• Putty
• Others
By Application
• Joint
• Dental
• Spinal Fusion
• Craniomaxillofacial
• Others
By End-User
• Hospitals
• Specialty Clinics
• Others

Key Players

The global demineralized bone matrix market includes players such as NovaBone Products, Zimmer Biomet, Exactech Inc, AlloSource, LifeNet Health Inc, Smith & Nephew, DePuy Synthes Companies, Medtronic plc, Wright Medical Group, Baxter International, and others.

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Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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