Press release
Global Bone Grafts and Substitutes Market Share to Reach $4.53 Billion by 2029, Growing at 6% CAGR
What market dynamics are playing a key role in accelerating the growth of the bone grafts and substitutes market?The escalation in the occurrence of musculoskeletal conditions such as tendonitis and osteoporosis is projected to fuel the expansion of the bone grafts and substitutes market. These types of disorders affect the movement and musculoskeletal system of the human body, leading to issues in muscles, nerves, tendons, joints, cartilage, and spinal discs. Consequently, a surge in such conditions also spurs the demand in the bone grafts and substitutes market. For example, in March 2022, a Pediatric Orthopedic Consultant at the Indian Spinal Injuries Centre in Delhi reported a 50% climb in Pediatric Orthopedic Cases primarily because of the students' poor posture during online lessons. Thus, the growing rates of musculoskeletal conditions contribute to boosting the demand for the bone grafts and substitutes market.
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How will the growth rate of the bone grafts and substitutes market shape industry trends by 2034?
In recent times, the market size for bone grafts and substitutes has been witnessing considerable growth. It is expected to rise from $3.39 billion in 2024 to $3.58 billion in 2025 with a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this growth in the historic period include an amplified demand for orthopedic medical devices, higher disability rates, a surge in joint replacement surgeries, an increase in healthcare spending, and robust economic development in emerging markets.
In the coming years, the market size for bone grafts and substitutes is predicted to witness robust growth. By 2029, it is projected to expand to a worth of $4.53 billion with a compound annual growth rate (CAGR) of 6.0%. Factors like the increasing elderly population, escalating numbers of road accidents and sports-related injuries, a rise in requirements for joint reconstruction disorders and an upsurge in diabetes-related amputations contribute to the growth during the projected period. Noteworthy trends within this period include the launch of new products, the advent of 3D-printed bone grafts, and various partnerships and collaborations.
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What trends are poised to drive the future success of the bone grafts and substitutes market?
The bone grafts and substitutes market is witnessing a significant rise in the popularity of new product innovations. The primary focus of major companies in this market is to introduce innovative products to cater to consumer demands. For example, BONESUPPORT, a medical technology company based in Sweden, introduced CERAMENT G, an antibiotic-eluting bone graft substitute, in June 2023. Although the product remains the same in terms of composition, mechanism of action and clinical outcomes like its previous versions, it offers clearer improvements. The innovative product comes in a kit that's 28% smaller and has surface-sterile components, making it easier and more efficient for surgical workflows. The shelf life of the product has also been increased to three years, which is another convenience factor.
Which primary segments of the bone grafts and substitutes market are driving growth and industry transformations?
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
Subsegments:
1) By Allograft: Demineralized Bone Matrix (DBM), Fresh Frozen Allografts, Freeze-Dried Allografts
2) By Synthetic: Ceramic-Based, Polymer-Based, Composite-Based, Bone Morphogenetic Proteins (BMPs)
3) By Xenograft: Bovine-Derived Grafts, Porcine-Derived Grafts, Other Animal-Derived Sources
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Which geographical regions are pioneering growth in the bone grafts and substitutes market?
North America was the largest region in the bone grafts and substitutes market in 2024. The regions covered in the bone grafts and substitutes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the bone grafts and substitutes market landscape?
Major companies operating in the bone grafts and substitutes market include 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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What Is Covered In The Bone Grafts and Substitutes Global Market Report?
•Market Size Forecast: Examine the bone grafts and substitutes market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bone grafts and substitutes market for a structured understanding.
•Key Players Overview: Analyze major players in the bone grafts and substitutes market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bone grafts and substitutes market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bone grafts and substitutes market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bone grafts and substitutes market.
•Industry Challenges: Identify potential risks and obstacles affecting the bone grafts and substitutes market.
•Competitive Landscape: Review strategic developments in the bone grafts and substitutes market, including expansions, agreements, and new product launches.
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