Dublin, April 10, 2024 (GLOBE NEWSWIRE) -- The "Bone Graft Substitutes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Bone Graft Substitutes Market to Reach $5.3 Billion by 2030
The global market for Bone Graft Substitutes estimated at US$3.4 Billion in the year 2023, is projected to reach a revised size of US$5.3 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030.
This report offers insights into the mechanism of action, types, and applications of bone graft substitutes, providing a comprehensive overview of the global market outlook. It delves into the mechanism of action of bone graft substitutes, detailing how they facilitate bone regeneration and repair. The various types of bone grafts available in the market are also explored, along with their specific applications in orthopedic and dental surgeries.
The competitive landscape is examined through key metrics, including the percentage market share of global key competitors in 2023 and an assessment of their market presence as strong, active, niche, or trivial. This offers valuable insights for stakeholders looking to understand the competitive dynamics of the bone graft substitutes market.
Allograft, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the Synthetic Graft segment is estimated at 6.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 9.4% CAGR
A segment analysis of the global market outlook is provided, with a focus on developing regions poised to drive future growth in the bone graft substitutes market. This analysis considers factors such as population demographics, healthcare infrastructure development, and increasing demand for orthopedic procedures.
The Bone Graft Substitutes market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$547.4 Million by the year 2030 trailing a CAGR of 9.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Exciting New Report Features
- Full access to influencer engagement stats
- Complimentary report updates for one year
- Competitor coverage with global market shares of major players
- Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
- Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 547 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3.4 Billion |
| Forecasted Market Value (USD) by 2030 | $5.3 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
MARKET OVERVIEW
- Global Economic Update
- Bone Grafts: A Prelude
- An Introduction Bone Graft Substitutes
- A Peek into Mechanism of Action of Bone Graft Substitutes
- Types of Bone Grafts
- Applications of Bone Graft Substitutes
- Global Market Outlook
- Segment Analysis
- Developing Regions to Spearhead Future Growth
- Competition
- Bone Graft Substitutes - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- World Brands
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Sustained Rise in the Volume of Orthopedic Procedures Boosts Prospects
- Global Orthopedics Market by Segment (in %) for 2023E
- Increase in Number of Fractures Fuels Demand for Bone Growth Substitutes
- Percentage Share Breakdown of Number of Fractures by Age Group: 2022
- Select Musculoskeletal Conditions - Percentage Breakdown by Age Group
- Increasing Cases of Trauma Underpins Demand
- Rise in Incidence of Osteoporosis to Benefit Market Growth
- Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022E
- % of Women Affected by Osteoporosis
- Market to Benefit from the Rising Prevalence of Arthritis and Other Orthopedic Disorders
- Increasing Incidence of Degenerative Intervertebral Disc Diseases Supports Market
- Spinal Fusion Surgery Holds Strong Opportunities
- US Spinal Fusion Surgery Market: Percentage Breakdown of Procedure Volume by Age Group
- Foot & Extremity Reconstruction Presents Opportunities for Bone Grafting
- Dental Bone Graft Substitutes Market: Poised for High Growth
- Dental Implants Penetration Worldwide - Number of Patients Treated Per 10,000 Persons in Select Countries
- Dental Bone Graft and Substitutes Market Breakdown by Material (in %) for 2023E
- Increasing Visibility of Orthobiological Products to Spur Grafting Options
- What Drives Physicians' Choice of Bone Grafts?
- Patient Safety Emerges as a Top Priority
- Bone Grafting - A Review of Select Commercial Solutions
- Precision Machined Allografts Gain Surgeon Preference
- Advanced Allografts Emerge as Replacements for Autografts in Surgical Procedures
- Synthetic Bone Graft Substitutes Continue to Grow in Popularity
- Significance of Synthetic Bone Grafts in Dental Treatment
- Current Developments in Artificial Bone Grafts
- Bone Morphogenetic Protein - Promising Outlook Despite Safety Concerns
- DBM: Strong Growth but Tough Competition
- Stem Cell Based Bone Grafts: Promising Growth Ahead
- Technological Advancements Drive Bone Grafts Market
- Aging Population and Their Increased Vulnerability to Bone & Joint-Related Disorders Drive Market Growth
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Rise in Global Obesity Epidemic Boosts Market Growth
- Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Rising Healthcare Spending Augurs Well for the Market
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Major Challenges Confronting Bone Graft Substitutes Market
FOCUS ON SELECT PLAYERS(Total 147 Featured)
- AlloSource
- Baxter International, Inc.
- DePuy Synthes Companies
- Exactech, Inc.
- LifeNet Health, Inc.
- Medtronic plc
- NovaBone Products LLC
- NuVasive, Inc.
- Orthofix US LLC
- RTI Surgical, Inc.
- SeaSpine Orthopedics Corporation
- Smith & Nephew Plc
- Stryker Corporation
- Wright Medical Group N.V.
- Xtant Medical Holdings, Inc.
- Zimmer Biomet
For more information about this report visit https://www.researchandmarkets.com/r/s1vgy
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