Bone Grafts And Substitutes Market – What Factors will drive the Market in Upcoming Years and How it is Going to Impact on Global Industry?
The latest market report published by Credence Research, Inc. “Bone Grafts and Substitutes Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025,” the global bone grafts and substitutes market was valued at US$ 2,419.2 Mn in 2016, and is expected to reach US$ 3,872.1 Mn by 2025 expanding at a CAGR of 5.72 % from 2017 to 2025.
Credence Research, the leading business intelligence provider, has published its latest research, „Bone Grafts And Substitutes Market 2026„, which gives insights into Autoinjectors in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
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Market Insight:
According to the findings of United Nations, the prevalence of osteoarthritis is increasing due to aging population, osteoporosis and obesity; it is estimated by 2050 people aged above 60 years will account for 20% of the total world population with one third of this population suffering with osteoarthritis and osteoporosis. Conventional bone grafting has been used for decades but also is found incompetent in accelerating healing, reducing the time of weight bearing, and significant morbidity from the harvest site. Significant technological advancement in the synthetic bone grafts such as calcium phosphate cements, coralline hydroxyapatite has accelerated bone formation as its interconnected porous structure closely resembles the porosity of human cancellous bone will propel the market penetration for bone grafts and substitutes.
At present, allografts hold the largest market share due to key drivers such as rising prevalence of osteoporosis, sports injuries and it is cost effective procedure as it reduces the hospital stay. Additionally it is a quick surgical procedure and less anesthesia time is required. Bone graft substitutes show a promising sales forecast and will be the fastest growing market majorly due to factors such as rapid wound healing due to inherent features of bone substitutes such as negative surface charge, increased protein fusion, enhanced cell attachment and favorable natural remodeling and graft resorption.
Spinal fusion currently dominates the application segment due to factors such as rising prevalence of low spine disc herniation, burst fractures, osteoporosis etc. and increasing number of patients suffering with cauda equine syndrome are preferring spinal fusion surgeries to release pressure on many spinal nerves which causes paralysis in lower extremities. Dental surgeries are anticipated to be the fastest growing market majorly due to factors such as rising prevalence of periodontal disease, car accidents resulting dental trauma resulting in loss of teeth and gum causing deformation in outward cosmetic appearance and dental bone grafting is also employed to maintain bone structure after tooth extraction and improved oral health.
In the current scenario, North America dominates the regional markets and the growth is mainly attributed to the presence of key drivers such as rising prevalence of osteoporosis and periodontal diseases in the elderly population, existence of developed healthcare facilities and presence of major players engaged in the manufacture and sale of bone grafts and substitutes. Asia Pacific promises a lucrative market with promising sales forecast chiefly due to factors that are anticipated to propel the market growth in Asia Pacific are the rising prevalence of traumatic injuries due to accidents, violence etc., flourishing e-commerce industry to promote sales and supportive regulatory environment for bone grafts and substitutes.
The bone grafts and substitutes market is technologically driven and includes major players such as AlloSource, Baxter Healthcare Corporation, DePuy Synthes, Medtronic plc, NuVasive, Inc., Orthofix Holdings, Inc., Orthovita, Inc., Stryker Corporation, Smith & Nephew, Inc. and Wright Medical Group N.V.
This research report gives worldwide Autoinjectors volume forecast and recent quarter review of major Autoinjectors vendor performance. The report includes major vendors‘ volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.
Scope
- The report presents the brief overview of Autoinjectors Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
Latest company statement
- Latest news and deals relating to the Autoinjectors products
Research methodology
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Autoinjectors projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Autoinjectors solutions
The report highlights projected investment on Autoinjectors over the next two years. This will help
- organizations to allocate budget towards Autoinjectors implementation and business expansion
- The report helps executives plan their adoption of Autoinjectors by providing expected timeframes for implementation
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