Bone Grafts and Substitutes Market 2024-2033: Opportunity Assessment, Competitive Landscape, Regional Demand And Major Players

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Bone Grafts and Substitutes Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The bone grafts and substitutes market size has grown strongly in recent years. It will grow from $3.17 billion in 2023 to $3.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased demand for orthopedic medical devices, increased disability rates, increased joint replacement surgical procedures, rise in healthcare expenditure and strong economic growth in emerging markets.

The bone grafts and substitutes market size is expected to see strong growth in the next few years. It will grow to $4.22 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising geriatric population, rising incidences of road accidents and sports injuries, increase in demand for joint reconstruction disorders and rising number of diabetes-related amputations. Major trends in the forecast period include new product launches, 3d printed bone grafts and partnerships and collaborations.

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Market Segmentation:
The bone grafts and substitutes market covered in this report is segmented -
1) By Material: Allograft, Synthetic, Xenograft
2) By Application: Spinal Fusion, Trauma, Craniomaxillofacial, Joint Reconstruction, Dental Bone Grafting, Other Applications
3) By End User: Hospitals and Clinics, Surgical Centers, Other End-Users

Major Driver - Rising Musculoskeletal Disorders Drive Demand For Bone Grafts And Substitutes
The rise in the incidence of musculoskeletal disorders such as osteoporosis and tendonitis is expected to propel the growth of the bone grafts and substitutes market going forward. Musculoskeletal disorders are some types of injuries and disorders that affect the human body's movement and musculoskeletal system. These cause disorders in muscles, nerves, tendons, joints, cartilage, and spinal discs. As a result, due to an increase in musculoskeletal disorders, an increase in demand for bone grafts, and the substitutes market. For instance, in March 2022, according to a Pediatric Orthopedic Consultant at the Indian Spinal Injuries Centre, Delhi, there was a 50% rise in Pediatric Orthopaedic Cases due to poor posture of students during online classes. Therefore, the increasing growth of the incidence of musculoskeletal disorders helps to increase the demand for bone grafts and substitutes market.

Competitive Landscape:
Major companies operating in the bone grafts and substitutes market report are Medtronic plc, Stryker Corporation, Smith & Nephew, Johnson & Johnson, Zimmer Biomet, Baxter International Inc., SeaSpine, Integra Lifesciences Holdings Corporation, NuVasive Inc., Orthofix Holdings Inc., Bioconcept Dental Implants, NovaBone India, Straumann, Kamal Medtech, Geistlich Bio-Oss, Lindare Medical, Hospital Innovations, Bioimplon, Exabone GmbH, Mathys AG, Dentsply Sirona Inc, Danaher Corp, Arthrex Inc, Graftys, Osseocon Biomateriais, Einco Biomaterial, Bionnovation, Medbone Biomaterials, CoreBone, Datum Dental, OK Coral, Dentakay Dental Clinic, Turkeyana Clinic, Keystone Dental, Allosource, DePuy Synthes, Wright Medical Group N.V.

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Top Trend - New Product Innovations Drive Growth In Bone Grafts And Substitutes Market
New product innovations have emerged as the key trend gaining popularity in the bone grafts and substitutes market. Major companies operating in the bone grafts and substitutes market are focused on product innovations to meet consumer demand. For instance, in July 2021, Orthofix, a US-based company that manufactures bone graft devices, launched a new fiber bone-graft strip called the Orthofix fiberFUSE Strip, a sophisticated demineralized bone graft solution including cancellous bone. The utilization of Novel Fibers Strip is a great bone-graft strip for posterior cervical, posterior lumbar, and degenerative spinal surgery prevention. The fiber fuse Strip comprises mineralized cancellous and demineralized cortical bone fibers, which are used in the healing of bones.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Bone Grafts and Substitutes Market Characteristics
3. Bone Grafts and Substitutes Market Trends And Strategies
4. Bone Grafts and Substitutes Market - Macro Economic Scenario
5. Bone Grafts and Substitutes Market Size And Growth
…..
27. Bone Grafts and Substitutes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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