Bone Graft Substitute Market Overview
Bone grafting is a surgical procedure used to operate severely complicated bone fractures. Bone grafts are implantable materials used during a medical process to aid in bone formation, bone healing, and osseous reconstruction. In contrast to autogenous or allogenous bone, a bone substitute can be described as a synthetic, inorganic, or biologically organic combination that can fill bone defects instead.
The global bone graft substitute market size is mainly driven by the rising incidents of road injuries and joint disorders, the development of biocompatible synthetic bone grafts, and increased demand for dental bone graft procedures. However, several factors such as the high costs of surgery and risks and complications arising from bone graft procedures are restraining the growth of the market.
Bone graft substitute Market Key Players
MRFR recognizes the following companies as the key players in the global bone graft substitute market—Medtronic Plc (Ireland), AlloSource (US), Zimmer Biomet Holdings Inc. (US), Stryker (US), Smith Nephew (UK), Johnson Johnson Services, Inc. (US), Baxter International Inc. (US), Integra Lifesciences Holdings Corporation (US), Orthofix Holdings Inc. (US), Geistlich Pharma AG (Switzerland), and SeaSpine (US).among others are some key companies in the global Bone graft substitute that are listed by MRFR for market research.
among others are some key companies in the global Bone graft substitute Market that are listed by MRFR for market research.
Bone graft substitute Market Segmentation
The global bone graft substitute market has been divided based on product type and application.
- Based on product type, the market has been segregated into allograft, bone graft, types of bone graft and substitute cell-based matrices. Allografts are further segmented into machine allografts and Demineralized Bone Matrix (DBM).
- Bone grafts are also further segmented into synthetic bone graft and bone morphogenic proteins.
- Based on application, the bone graft substitute market has been divided intospinal fusion, joint reconstruction, long bone, dental, foot ankle, and others.
Bone graft substitute Market Geographical Analysis
The global bone graft substitute market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East Africa. The Americas is expected to dominate with the largest market share due to the high numberof orthopedic surgeries, adoption of bone graft substitutes, and the presence of prominent key players.Europe accounted for a substantial share in the global bone graft substitute market. Europe has evolved as a prominent market with the growing awareness about bone graft substitutes and surging healthcare expenses. The region has considerable growth potentials that would help in the expansion of the global market in the coming years.Asia-Pacific is projected to be the fastest-growing regionin the bone graft substitute market, mainly due to the presence of evolving economies, such as India, China, and South Korea, and the increasing potential patient population.The market in the Middle East Africa is also growing dramatically due to the increasing number of research companies and subsidiaries involved in RD, increasing initiatives taken by the Middle East countries to develop their healthcare infrastructure.Moreover, the growing awareness and demand from the general population for effective orthopedic treatments are likely to favor the market growth.
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