Bone Grafts and Substitutes Market to reach US$ 4.4 Billion by 2028, growing at a CAGR of 4.9% from 2021-2028: TMR Report

The global 𝐛𝐨𝐧𝐞 𝐠𝐫𝐚𝐟𝐭𝐬 𝐚𝐧𝐝 𝐬𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 exceeded US$ 3 billion in value in 2020, and is projected to grow at a CAGR of 4.9% from 2021 to 2028, reaching over US$ 4.4 billion by the end of the forecast period.

This growth is primarily fueled by the increasing prevalence of bone and joint disorders worldwide, with rising cases of osteoporosis particularly driving demand. Orthopedic surgeries continue to advance, opening up new avenues for the market. Furthermore, the rising need for dental bone grafts contributes to market expansion. Despite these opportunities, high costs remain a significant barrier to growth. Market players are thus concentrating on delivering cost-effective solutions to cater to the escalating demand from patients.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6200&utm_source=OpenPR&utm_campaign=MansiR

𝐁𝐨𝐧𝐞 𝐠𝐫𝐚𝐟𝐭𝐬 𝐡𝐚𝐯𝐞 𝐛𝐞𝐞𝐧 𝐮𝐬𝐞𝐝 𝐟𝐨𝐫 𝐛𝐨𝐧𝐞 𝐫𝐞𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧, 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐫𝐞𝐬𝐭𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐩𝐚𝐢𝐧 𝐫𝐞𝐥𝐢𝐞𝐟 𝐟𝐨𝐫 𝐝𝐞𝐜𝐚𝐝𝐞𝐬

Conventionally, autografts were used for bone grafting, wherein the patient's own bone was used as a graft. Autologous bone grafts are considered gold standard for bone transplant. However, usage of autologous bone grafts involves the risk of infection transfer during surgical procedures at both tissue harvesting and transplant sites. This could result in delayed wound healing and prolonged hospital stays.

Hence, allografts were introduced in the market to overcome the disadvantages associated with autologous grafts.

𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

DePuy Synthes,Integra LifeSciences,NuVasive Inc.,Stryker,Wright Medical Group N.V.,Xtant Medical,Zimmer Biomet,Baxter Healthcare Corporation,Medtronic

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Allograft
Demineralized Bone Matrix (DBM)
Others

Synthetic Bone graft
Others

𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Ceramic-based
Calcium Phosphate
Calcium Sulfate
Others

𝐏𝐨𝐥𝐲𝐦𝐞𝐫-𝐛𝐚𝐬𝐞𝐝

Polylactides
Polyglycolides
Polyurethanes
Others

Growth Factor-based
Cell-based
Others

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫

Hospitals
Orthopedic Clinics
Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.transparencymarketresearch.com/checkout.php?rep_id=6200<ype=S&utm_source=OpenPR&utm_campaign=MansiR

𝐌𝐚𝐣𝐨𝐫 𝐃𝐫𝐢𝐯𝐞𝐫:

Increase in government initiatives and laws on usage of bone graft & substitutes, and rise in population drive the global bone grafts and substitutes market

Technological advancements and increase in adoption of advanced bone grafts and substitute products are expected to propel the bone grafts and substitutes market in Asia Pacific, Latin America, and Middle East & Africa during the forecast period

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Key trends in the bone grafts and substitutes market include the growing adoption of minimally invasive surgical techniques, advancements in biomaterials, and the development of personalized medicine approaches tailored to individual patient needs.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The future outlook for the bone grafts and substitutes market is promising, with continued advancements in medical technology and increasing research and development activities expected to drive innovation and market growth.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market size and growth projections
Regional analysis and growth trends
Market segmentation by service type, sourcing type, application, industry vertical, and region
Drivers, challenges, and trends shaping the market
Future outlook and growth prospects
Competitive landscape and recent developments

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐂𝐚𝐧𝐜𝐞𝐫 𝐁𝐢𝐨𝐦𝐚𝐫𝐤𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/04/26/2654799/0/en/USD-12-6-Bn-Cancer-Biomarkers-Market-to-Grow-at-a-CAGR-of-9-9-During-2022-to-2031-Global-Analysis-by-Transparency-Market-Research.html

𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐟𝐨𝐫 𝐅𝐥𝐲𝐢𝐧𝐠 𝐂𝐚𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/04/27/2657013/0/en/Advanced-Materials-for-Flying-Cars-Market-to-Grow-at-a-CAGR-of-7-1-from-2023-to-2031-reaching-US-12-8-billion-Transparency-Market-Research-Inc.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com      
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube

This release was published on openPR.