The global bone
grafts and substitutes 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.
Access Research Report
of Bone Grafts and Substitutes Market@: 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.
Browse more reports of this category by Grand View
Research at: 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 Press Release of
Bone Grafts and Substitutes Market@: 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: www.grandviewresearch.com
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