The global bone grafts andsubstitutes market size is expected to reach USD 3.9 billion by
2025, according to a new report by Grand View Research, Inc. The market is
expected to register a healthy CAGR of 5.5% during the forecast period. Demand
for bone grafts and substitutes is increasing due to adoption of newer
technologies and increasing demand for minimally invasive procedures.
Availability of advanced products in varied shapes and sizes providing
high osteoconductive and osteoinductive properties is supporting market growth.
Moreover, growing adoption of minimally invasive procedures is spurring demand
for bone grafts and substitutes. In minimally invasive procedures, large
incisions and damage to muscles surrounding repair area can be significantly
avoided. These techniques also reduce the duration of hospital stay and support
rapid wound healing with lesser pain and surgical wounds. Minimally invasive
total joint replacement and spine surgeries are some of the newly adopted
procedures. Some of the companies in the bone grafts and substitutes market are
DePuy Synthes; Medtronic PLC; Nuvasive, Inc.; Orthofix Holdings, Inc.; Wright
Medical Group N.V.; AlloSource, Inc.; and Stryker Corp.
Full
Research Report On Bone Grafts And Substitutes Market Analysis:
https://www.grandviewresearch.com/industry-analysis/bone-grafts-substitutes-market
https://www.grandviewresearch.com/industry-analysis/bone-grafts-substitutes-market
Further key findings from the study suggest:
·
Increasing number of orthopedic surgeries
and rising demand for minimally invasive surgeries are primary factors driving
market growth
·
By material type, allografts accounted for
the largest market share within the natural segment in 2016, mainly due to
properties such as immediate structural support and osteoconductivity.
Moreover, allografts do not require another surgery to harvest the bone, which
results in reduced surgery time and wound healing, thus, attributing toward
segment growth
·
North America is the leading regional
market, followed by Europe. Rising awareness regarding commercially available
products, higher healthcare expenditure, and availability of advanced
healthcare infrastructure are prime factors responsible for the region’s
expansion
·
Key players in the market include DePuy
Synthes; Medtronic PLC; Nuvasive, Inc.; Orthofix Holdings, Inc.; Wright Medical
Group N.V.; AlloSource, Inc.; and Stryker Corp.
View More Reports
Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global bone grafts and substitutes
market on the basis of material type, application, and region:
Bone Grafts and
Substitutes Material Type Outlook (Revenue, USD Million, 2014 - 2025)
·
Natural
o Autografts
o Allografts
o Demineralised Bone Matrix
o Others
·
Synthetic
o Ceramic
o Composite
o Polymer
o Bone Morphogenetic Proteins (BMP)
Bone Grafts and
Substitutes Application Type Outlook (Revenue, USD Million, 2014 - 2025)
·
Spinal Fusion
·
Dental
·
Joint Reconstruction
·
Craniomaxillofacial
·
Foot and Ankle
·
Long Bone
Bone Grafts and
Substitutes Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o U.K.
·
Asia Pacific
o Japan
o China
·
Latin America
o Mexico
o Brazil
·
MEA
o South Africa
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-bone-grafts-substitutes-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/