Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Bone grafting is a surgical procedure used to replace missing bone in order bone fractures that are complex and create a health risk to the patients. Bone grafts are used to treat various disorders, including delayed union and non-union of fractures, congenital pseudarthrosis, and osseous defects from trauma, infection, and tumors. Additionally, they are also used in in plastic and facial surgery for reconstruction.
The global market is estimated and forecasted in terms of revenue (USD million) generated by the bone grafts market. The bone grafts market has a developing potential owing to the continuous technological advancement in the healthcare sector and growing geriatric population. Increasing population under the risk of musculoskeletal conditions coupled with rising number of orthopaedic surgeries across the world are the major factors propelling the growth of the market. However, the prominent factors restraining the growth of the global bone grafts market are the excessive cost associated with the surgeries and risk of infection and disease transmission.
The report analysis the bone graft market based on material type, application and geography.
Based on material, the global bone graft market is categorised into natural and synthetic. The natural segment is bifurcated into autografts and allografts. The allograft segment is further sub segmented into demineralized bone matrix (DBM) and other. Likewise, the synthetic segment is divided into, ceramic, composite, polymer and bone morphogenetic proteins (BMP). The natural segment leads the bone graft market in terms of revenue and is estimated to grow at a faster pace during the forecast period as natural materials are obtained from patients or donor’s body which reduces the risk of infection and disease transmission.
Based on application, the global bone grafts market is segmented into spinal fusion, dental, joint reconstruction, craniomaxillofacial, foot and ankle and long bone. The joint reconstruction segment accounted for highest share in 2017. The highest share is attributed to increasing number of the orthopaedic surgeries rising geriatric population who is more prone to orthopaedic ailments.
Bone Graft Market by Geography By geography, the global bone graft market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. Rest of the world include Middle East & Africa and Latin America. In 2017, North America dominated the global bone graft market. Moreover, Europe is expected to be the fastest-growing region during the prediction period. Factors such as rising patient population in the U.S. and Canada and increasing awareness among the end users about the use of bone graft are fuelling the growth of the bone graft market in North America.
Some of the key participants of the global the bone grafts market includes DePuy Synthes, Medtronic, NuVasive, Inc, Orthofix Holdings, Inc, Wright Medical Group N.V, AlloSource, Stryker, Baxter, Integra LifeSciences, Zimmer Biomet, XTANT MEDICAL, Johnson & Johnson, Arthrex, Inc, Musculoskeletal Transplant Foundation, etc. Mergers, acquisitions, partnership and new product launches are the prominent strategies used by the key players to reinforce their position in the market and widen their geographical presence. Recently, DePuy Synthes, part of the Johnson & Johnson Medical Devices Companies has announced an exclusive agreement in the United States between DePuy Synthes Sales Inc. and Prosidyan to promote the FIBERGRAFT and enhance the company’s biomaterials spine portfolio
Bone grafts are used as a filler and scaffold to facilitate bone formation and promote wound healing. These grafts are bioresorbable and have no antigen-antibody reaction. Bone grafts act as a mineral reservoir which induces new bone formation. Bone grafting is a surgical procedure that replaces missing bone with material from patient?s own body, an artificial, synthetic, or natural substitute. Global bone graft market report is segmented into, product type, material, end user and geography. Based on material, the global bone graft market is categorised into natural and synthetic. The natural segment is bifurcated into autografts and allografts. The allograft segment is further sub segmented into demineralized bone matrix (DBM) and other. Likewise, the synthetic segment is divided into, ceramic, composite, polymer and bone morphogenetic proteins (BMP). Based on application, the global bone grafts market is segmented into spinal fusion, dental, joint reconstruction, craniomaxillofacial, foot and ankle and long bone. By geography, the global bone graft market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. Rest of the world include Middle East & Africa and Latin America. In 2017, North America dominated the global bone graft market. Moreover, Europe is expected to be the fastest-growing region during the prediction period. Factors such as rising patient population in the U.S. and Canada and increasing awareness among the end users about the use of bone graft are fuelling the growth of the bone graft market in North America. Some of the key participants of the global the bone grafts market includes DePuy Synthes, Medtronic, NuVasive, Inc, Orthofix Holdings, Inc, Wright Medical Group N.V, AlloSource, Stryker, Baxter, Integra LifeSciences, Zimmer Biomet, XTANT MEDICAL, Johnson & Johnson, Arthrex, Inc, Musculoskeletal Transplant Foundation, etc.
Why to buy this report:
