Bone Grafts And Substitutes Market By Product (bone Grafts Substitutes, Cell-based Matrices And Allografts) And Application ( Joint Reconstruction, Dental Bone Grafting, Trauma, Craniomaxillofacial And Spinal Fusion) – Global Industry Analysis And Forecast To 2023.
The Bone Grafts and Substitutes Market was worth USD 2.38 billion in 2014 and is expected to reach approximately USD 3.40 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.05% during the forecast period.
Bone Grafts, in simple words, are used to promote replacement of bones and are used to make sure that the bones are healed by using certain devices. The devices used in this type of surgery can be synthetic, composed of different materials or even natural. Here, we shall discover the importance of the same.
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The leading players in the market are Johnson & Johnson, Arthrex, Inc, Baxter International Inc., Xtant Medical Holdings, Inc., Wright Medical Group N.V., Zimmer Biomet Holdings, Inc., Stryker Corporation, Medtronic Plc., Musculoskeletal Transplant Foundation, and Integra Lifesciences Holdings Corporation. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Bone grafts and substitutes are used to repair fractures in the bone, bone development, and osseous reconstruction as these materials are having osteoconductive and osteoinductive properties. These grafts and substitutes are made up from engineered and characteristic materials, and creature and human-obtained tissues. A perfect bone graft and substitute must be osteoinductive, biocompatible, bioabsorbable, and inexpensive. Thereby, these are commercially accessible for orthopedic applications, for example, spinal fusion, sports related injuries, and joint reconstruction. Substantial number of surgeries prompt ascent in demand for donation of musculoskeletal tissue and a lack of cadaver material.
Product Outlook and Trend Analysis:
Allograft techniques decrease surgical time, hospital stay, and injuries involving a shorter injury recuperating time. Considering the aforementioned factors, the allograft method section is seen to be the favored significantly over the globe. Demineralized bone matrix is a kind of allograft, which has generally better osteoconductivity and osteoinductivity in comparison with different allografts.
Bone Grafts and Substitutes Market, By Product:
Bone Grafts Substitutes
Bone Grafts and Substitutes Market, By Application:
Dental Bone Grafting
Application Outlook and Trend Analysis:
The spinal fusions fragment represented the biggest income share in 2015 and is foreseen to keep up its dominance amid the estimate time frame. Increasing demand for spinal combination fusions procedures among the aged populace is impelling the entrance of bone grafts among alternate applications. Moreover, wide accessibility of bone graft substitutes and enhancing reimbursement schemes for dental surgeries are some of the main aspects anticipated to boost the demand for BGS in dental applications.
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Bone Grafts and Substitutes Market, By Region:
North America – U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific – Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Regional Outlook and Trend Analysis
North America was the main market and was trailed by Europe in 2015. Factors, for example, high levels of awareness in regards to commercially accessible products, higher expense on healthcare, and the accessibility of cutting edge medicinal services foundation added to the development of the market in these areas. Nonetheless, a demanding administrative structure and high treatment costs are testing the development of the market in North America and Europe.
Bone Grafts and Substitutes Market, ToC:
Chapter 8. Company Profiles –
8.1.4.Revenue and Market Share
8.2.Johnson & Johnson
8.2.4.Revenue and Market Share
8.3.Baxter International Inc.
8.3.4.Revenue and Market Share
8.4.Wright Medical Group N.V.
8.4.4.Revenue and Market Share
8.5.Xtant Medical Holdings, Inc.
8.5.4.Revenue and Market Share
8.6.Zimmer Biomet Holdings, Inc.
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REASON TO BUY –
Highlights key business priorities in order to assist companies to realign their business strategies. The key findings and recommendations highlight crucial progressive industry trends in the Bone Grafts And Substitutes market, thereby allowing players to develop effective long term strategies. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
TO BE CONTINUED…
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