Bone Harvester Market Growth Powered With Latest Development Scenario and Influencing Trends
Seattle, WA -- (SBWIRE) -- 11/20/2019 -- Bone can be defined as a specialized tissue in the human body which continues to renew itself throughout life. However, bone defects or bone voids arise in certain instances such as infection, osteoporosis, and fracture. These are usually filled with bone grafts. Bone grafts are primarily used in orthopedic surgeries and trauma, as these aid in bone regeneration and healing. Bone graft harvested from a patient’s own body is known as autograft. The autologous bone graft is harvested from a range of anatomical sites in the human body such as femur and fibula.
The global bone harvester market is anticipated to grow significantly during the forecast period driven primarily by rise in prevalence of orthopedic diseases. Increase in the rate of accidents and rise in obesity among people owing to sedentary lifestyles lead to high spinal disorders which necessitate the need for fusion procedures and incorporation of bone implants to fuse the gaps. This drives demand for bone harvesters. Additionally, ongoing research and development of technologically enhanced bone harvesters and surge in demand for minimally-invasive procedures boosts the growth of the market.
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The global bone harvester market can be segmented based on type, application, surgery type, end-user, and region. In terms of type, the market can be categorized into marrow harvesting and cancellous bone harvesting. Based on application, the global bone harvester market can be classified into fractures, fusions, bone repair, and others. In terms of surgery type, the market can be bifurcated into open surgery and minimally-invasive surgery. Based on end-user, the global bone harvester market can be divided into hospitals, clinics, research centers, and others.
Geographically, the global bone harvester market can be segmented into five regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounted for the largest share of the global market in terms of revenue in 2016 and the trend is anticipated to continue during the forecast period. Strong growth in the region can be attributed to rise in prevalence of orthopedic disorders among the population and ongoing efforts on increasing awareness among the people. Europe is expected to be the second leading market for bone harvesters. However, the sluggish economy in the region is likely to negatively impact the growth of the market. The market in Asia Pacific is anticipated to record a significantly high CAGR owing to factors such as rise in patient population, growing government focus on enhancing health care facilities, and increase in product approvals.
Leading players operating in the global bone harvester market are Acumed, LLC, Globus Medical, Inc., Arthrex, DePuy Synthes, Paradigm BioDevices, Inc., Vilex, Spierings Orthopaedics B.V., Zimmer Biomet, Avitus Orthopaedics, Inc., A. Titan Instruments, Ranfac Corp., SIRAKOSS Ltd., and others.
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