Dublin, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The "Global Artificial Bone Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The artificial bone market is projected to experience significant growth, with an expected increase of USD 170.77 million during the forecast period of 2022-2027. This growth is estimated to accelerate at a CAGR of 8.5%. The report on the artificial bone market provides a comprehensive analysis, including market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.
Key factors driving the growth of the artificial bone market include:
- Rising Geriatric Population: The global increase in the aging population is contributing to a higher demand for artificial bone solutions. As individuals age, they are more prone to bone disorders and injuries, which require medical interventions like artificial bone implants.
- Increasing Prevalence of Bone Disorders and Injuries: Bone-related disorders and injuries, such as osteoporosis and fractures, are becoming more prevalent globally. This trend is boosting the demand for artificial bone implants to support bone healing and reconstruction.
- Rising Awareness and Accessibility to Advanced Medical Treatments: Growing awareness among patients and healthcare providers about advanced medical treatments, including artificial bone implants, is driving the market's expansion. Additionally, improved accessibility to these treatments is increasing their adoption.
Market Segmentation:
The artificial bone market is segmented based on materials and end-users:
By Material:
- Ceramics
- Hydroxyapatite
- Composite
- Polymer
- Others
By End-user:
- Hospitals
- Specialty clinics
- Research organizations
Noteworthy Trends and Opportunities:
- High Prevalence of Osteoporosis: Osteoporosis is a widespread bone-related condition, and its high prevalence is expected to drive the growth of the artificial bone market.
- 3D Printing Technology: The use of 3D printing technology in bone implants is increasing, offering innovative solutions for artificial bone structures.
- Minimally Invasive Techniques: The adoption of minimally invasive surgical techniques is on the rise, contributing to the demand for artificial bone implants that can be used in these procedures.
Competitive Portfolio
The report also includes a competitive analysis of key vendors in the artificial bone market, such as
- Aditus Medical GmbH
- AlloSource
- Bando Chemical Industries Ltd.
- Baxter International Inc.
- Biomatlante SAS
- Curasan Inc.
- Graftys SA
- HOYA Corp.
- Johnson and Johnson Services Inc.
- Koninklijke DSM NV
- Maxigen Biotech Inc.
- Medtronic Plc
- Mindray Bio Medical Electronics Co. Ltd.
- Nuvasive Inc.
- Orthofix Medical Inc.
- Smith and Nephew plc
- Stryker Corp.
- Xtant Medical Holdings Inc.
- Ziacom Medical S.L.
- Zimmer Biomet Holdings Inc.
This report aims to provide businesses, investors, and professionals in the healthcare industry with valuable insights into the artificial bone market, helping them understand market trends, growth drivers, and competitive dynamics. The data presented is the result of extensive research, both primary and secondary, and offers a comprehensive view of the market's current scenario and future prospects.
For more information about this report visit https://www.researchandmarkets.com/r/xajbw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
