Global Bone Grafts and Substitutes Market Report, History and Forecast 2013-2025, Breakdown Data by Companies, Key Regions, Types and Application
City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Bone Grafts and Substitutes market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Bone grafts are implantable materials that promote bone healing, bone formation, and osseous reconstruction due to its osteoconductive, osteogenic, and osteoinductive properties. Bone grafting is a surgical procedure for replacing a missing or defected bone with a material (bone graft) from a patient's own body, cadaver, animals, or a different person. Bone grafts are used in sports, trauma plastic, facial, and spinal surgery. Bone grafting finds its application in wound healing and complex fracture treatment, among others. Bone grafts can also be used to fill voids in case of absence of bones or help in provision of structural stability.
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Increase in in incidence of bone & joint disorders, technological advancements in medical field, development of biocompatible synthetic bone grafts, increase in demand for dental bone grafts drive the market grwoth. However, high cost of surgeries and ethical issues related to bone grafting procedures hamper the market growth. Conversely, increase in focus of key players towards R&D activities in bone grafts and its substitutes and upsurge in demand for orthopedic procedures among geriatric population are expected to provide lucrative opportunities for the market players in the future.
North America held the major share in 2015. The presence of a large number of regionally and globally prominent companies have kept this regional market at the forefront. This region is continuously witnessing a host of product innovations with the constant launch of novel therapeutics. The growing number of people who suffer from road accidents has fed to the demand for bone grafting procedures.
In 2017, the global Bone Grafts and Substitutes market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.
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This report focuses on the global top players, covered
Johnson & Johnson
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Application, the market can be split into
Foot & Ankle
Dental Bone Grafting