The COVID-19 outbreak has affected various industries worldwide. Incomparable Skills: Our Analysts in-depth insights are beyond comparison. Purchase This Premium Report (Price 4500 USD for a single-user license) at īenefits of Purchasing Bone Graft Substitutes Market Reports:Ĭustomer Satisfaction: Our sales team of experts will available for you 24/7.Īnalyst Support: Speak to our analyst about your questions before or after purchasing the report.Īssured Quality: Focuses on perfection and quality of reports. During the projection period, such product launches are anticipated to promote the acceptance of synthetic alternatives. It has calcium phosphate cement, which closely matches the mineral component of a bone and is quite viscous. announced in January 2020 that it had launched Quick Pack, a synthetic bone transplant alternative, in the United States. Because of this, the businesses' revenues have been proliferating. Due to its chemical similarity to human bone, these goods are becoming increasingly popular in industrialized nations.Īdditionally, market participants are concentrating more on introducing synthetic alternatives. Synthetic options are made of various substances, including calcium phosphate, hydroxyapatite, and beta-tricalcium phosphate. Many advantages, including a decrease in the risks of problems and danger of harm to the donor site, are increasing the acceptance of synthetic alternatives and driving the market's expansion. In the foreseeable future, it is predicted that the market will be driven by the increased usage of synthetic replacements such as polymer and ceramic. Increasing Adoption of Synthetic Bone Graft Substitutes Additionally, the administration of adequate bone graft substitutes is required for the treatment and management of severe trauma cases, which eventually raises their demand globally. Globally, such a substantial rise in trauma cases has been noted. In Australia, for instance, the number of lumbar spine fusion procedures grew at a rate of 26 per 100 thousand persons, with significant geographical variation, according to a study published by NCBI in December 2018.
In these treatments, the graft substitutes function as an ideal treatment plan and are regarded as essential. The alternatives can be used in a variety of operations, including surgery for trauma and severe fractures that need spinal fusion. Technological Advancements in Bone Graft Substitutes
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Get Access to a Free Copy of Our Latest Sample Report The growth is primarily due to the increasing collaborations. This can be attributed to the existence of a significant number of Bone Graft Substitutes industry companies and the high adoption rate owing to government measures that stimulate this industry in this region. North America captured the lion share in 2021 and is projected to retain its position over the forecast period. The growth can be attributed to rapid urbanization, technological advancement, an increase in investment by developing countries. In terms of revenue, the product segment held the second largest market share of in 2021 and is estimated to grow rapidly during the forecast period. In terms of revenue, the application segment held the largest revenue share of in 2021 and is estimated to maintain its dominance for the forecast period. The global Bone Graft Substitutes Market was valued USD 2.7 Billion in 2021 and is all set to surpass USD 3.8 Billion by 2028, exhibiting a CAGR of 5.9% during the forecast period 2022-2028. Key Industry Findings & Insights from the report: The Global Market revenue was valued at USD 2.7 Billion in 2021 and is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period states Vantage Market Research, in a report, titled “ Bone Graft Substitutes Market Size, Share & Trends Analysis Report by Material Type (Allograft, Synthetic, Composites, Polymers), by Application (Craniomaxillofacial, Dental, Foot & Ankle, Joint Reconstruction), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028) ”. The Global Bone Graft Substitutes Market revenue is expected to reach a value USD 3.8 Billion in 2028. The market is also anticipated to grow due to the rising demand for synthetic replacements and the rising number of product approvals by various agencies.
24, 2022 (GLOBE NEWSWIRE) - The expansion of the global market for Bone Graft Substitutes Market is related to both the rising prevalence of orthopedic surgeries around the world and bone illnesses such as tumors and infections of the bone. Vantage Market Research, The North Star for the Working World
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