Press release
Global Bone Putty Market Projected to Grow at 5.5% CAGR, Dominated by Orthopedic Surgeries due to Rising Hip and Knee Replacement Procedures
The global Bone Putty market is expected to surge at an impressive compound annual growth rate (๐๐๐๐) of 5.5% from 2022 to 2030, according to the latest release by Dataintelo. This growth is primarily driven by increasing incidences of orthopedic and dental surgeries, an uptick in the demand for minimally invasive surgeries and a rise in awareness about advanced surgical procedures. The orthopedic surgery segment holds the predominant share in the global bone putty market, overpowering other segments in 2022, mainly due to a consistent rise in hip and knee replacement surgeries worldwide.Bone putty, a crucial part of multiple types of surgeries, particularly those related to orthopedics and dentistry, has witnessed an increasing demand in recent years and the trend is expected to continue. This is largely ascribed to the increasing incidence of bone-related disorders and advancements in orthopedic surgeries sector.
The global Bone Putty market expansion is further bolstered by the rising inclination towards minimally invasive surgeries. Apart from being less painful and causing fewer complications, these surgeries are also preferred due to their efficacy and short recovery time. This growing preference for minimally invasive surgeries has spurred the demand for bone putty globally.
The orthopedic surgery segment is anticipated to account for the largest share of the bone putty market in 2022. It is primarily propelled by an increasing number of Hip and Knee replacement surgeries conducted globally. These procedures, considered to have high reliability rates, largely make use of bone putty material during surgery.
Increasing global awareness about advanced surgical procedures is predicted to stimulate the bone putty market growth further. As patients become more knowledgeable and proactive in seeking state-of-the-art surgical options, the requirement for high-quality medical products like bone putty rises, suggesting a positive outlook for the bone putty market. Nonetheless, the market will continue to evolve as researchers and manufacturers strive to innovate and meet the increasing demand with efficacy
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/275398
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The bone putty sales market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Orthopedic Surgery
โ Dental Surgery
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Hospitals
โ Ambulatory Surgical Centres
โ Specialty Clinics
๐๐ซ๐จ๐๐ฎ๐๐ญ
โ Natural
โ Synthetic
๐๐ง๐-๐๐ฌ๐๐ซ
โ Pediatric
โ Adult
๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โ Offline
โ Online
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ BonAlive Biomaterials
โ NovaBone Products
โ Synergy Biomedical
โ Artoss
โ Berkeley Advanced Biomaterials
โ Thommen Medical
โ Abyrx
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The bone putty sales market is segmented based on type, application, product, end-user, and distribution channel. In terms of type, the market is divided into Orthopedic Surgery and Dental Surgery. The application segment is further categorized into hospitals, ambulatory surgical centers, and specialty clinics. This segmentation allows for a comprehensive view of the market, making it possible to analyze trends, growth potential, and demands in each segment. The product segment is classified into natural and synthetic bone putty. The natural bone putty is generally preferred due to its excellent healing properties and compatibility with the human body. The synthetic bone putty, however, also shows promise due to advancements in synthetic biomaterials technology. The market is also analyzed based on end-users, which are further segmented into pediatric and adult, signifying the age group that makes up the majority of the market's demand. Additionally, the market is examined based on distribution channels: offline and online.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Regionally, the bone putty sales market spans Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America dominates a significant portion of the market share due to the region's advanced healthcare infrastructure, increase in orthopedic surgeries, and heightened awareness about bone putty products' benefits. On the other hand, Europe also presents a substantial share in the market due to the presence of leading bone putty manufacturers and a rise in dental surgeries. The Asia Pacific is anticipated to witness swift growth because of the escalating healthcare expenditure, developing medical infrastructure, and increasing geriatric population prone to bone ailments. Meanwhile, the Middle East, Africa, and Latin America regions are expected to grow due to improving healthcare facilities and an increasing number of orthopedic surgeries. The key players in this market include BonAlive Biomaterials, NovaBone Products, Synergy Biomedical, Artoss, Berkeley Advanced Biomaterials, Thommen Medical, and Abyrx
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/275398
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
1. Increasing prevalence of orthopedic conditions: As the incidence of bone-related diseases, fractures, and other orthopedic conditions grows, so does the demand for bone putty. The rising geriatric population, who are more vulnerable to such conditions, is also a significant driver in this market.
2. Technological advancements: Advances in medical technologies and surgical procedures have made bone putty an efficient solution for bone healing and recovery. The development of bioabsorbable and biocompatible bone putty is another crucial factor propelling market growth.
3. Growing awareness and accessibility to advanced healthcare: People's rising awareness about advanced healthcare treatments and their increasing accessibility, especially in emerging economies, contribute to the bone putty market's expansion.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
1. Emerging markets: Developing countries offer immense opportunities due to their growing healthcare infrastructure and increased healthcare expenditure. Also, the growth in the number of orthopedic surgeries due to the rising incidence of accidents in these regions is likely to augment the market growth.
2. Product innovation: The demand for faster bone healing processes opens up ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซmanufacturers to innovate and develop new bone putty products that offer improved and quick bone healing.
3. Online sales channels: The rapid growth of e-commerce, even in the healthcare sector, is an opportunity for bone putty manufacturers to broaden their reach and make their products easily available to a wider audience.
4. Rising sports-related injuries and road accidents: The increasing number of sports-related injuries and road accidents, leading to bone fractures, provide an ample opportunity to expand the bone putty sales market. As it accelerates the healing process, the need for bone putty will likely increase among sportspersons and athletes.
5. Augmentation and expansion of healthcare facilities: The expanding healthcare facilities and surge in orthopedic hospitals and clinics worldwide offer promising growth opportunities in the field of bone putty
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/275398
This report should be bought by businesses, companies, market research agencies, or strategies analysts who are looking for comprehensive data analysis in their domain. It can also be useful for investors or stakeholders who wish to gain in-depth insights regarding market trends, future forecasting, competitive landscape, and operational strategies. Moreover, it's beneficial for professionals working in areas like business development, sales, marketing, and product management.
Dataintelo is a great choice due to several reasons. The reports provided by Dataintelo are detailed, accurate and provide a 360-degree view of the market. They have a team of skilled analysts using advanced technologies, data science, business intelligence, and machine learning for data gathering. With years of experience, they assure high-quality industry-standard analysis to their clients. Their services are globally accepted and trusted by several top-tier companies across different industry verticals. Lastly, they offer customer-centric services with continual support, ensuring their clients receive updated information and analyses to make informed decisions
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