According to a thorough analysis, the worldwide bone regeneration market size is expected to grow at an impressive rate and be valued at US$ 7,827.8 million by 2033. Between 2023 and 2033, the market is expected to grow at a consistent Compound Annual Growth Rate (CAGR) of 3.8% due to a number of variables that emphasise how urgently better bone regenerative procedures are needed.
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Unprecedented Demand for Bone Graft Substitutes
In 2022, bone graft substitutes dominated the bone regeneration market with an impressive market share of 81.2%. This category of products h
as become a cornerstone in the field of bone regeneration due to their effectiveness in supporting reconstructive surgery and addressing the prevalence of bone diseases worldwide.
Addressing the Burden of Bone Diseases
The demand for bone regenerative solutions is steadily on the rise due to the increasing need for reconstructive surgery and the alarming prevalence of bone diseases across the globe. Shocking statistics reveal that nearly 10% of men and 18% of women over the age of 60 suffer from symptomatic osteoarthritis, underlining the significance of bone regenerative techniques.
Sports-Related Injuries on the Rise
Notably, a significant increase in bone injuries and hip fractures, particularly among sports enthusiasts, has resulted in a surge in demand for bone regeneration surgeries. The need for effective, advanced solutions to help individuals recover from such injuries and resume their active lifestyles has contributed to the growth of the bone regeneration market.
Key Players
- Medtronic plc.
- Stryker Corporation
- DePuy Synthes Inc.
- Integra Lifesciences Holdings Corporation
- Zimmer Biomet HoldingsInc.
- Xtant Medical HoldingsInc.
- Arthrex Inc.
- Baxter International Inc.
- Musculoskeletal Transplant Foundation
- Smith & NephewInc.
- Orthofix HoldingsInc.
- NuvasiveInc.
- Allosaurus
- NovaBone ProductsLLC
- BonAlive Biomaterials Ltd.
- Sigma Graft Biomaterials
- RTI Surgical
- Institut Straumann AG
- ExactechInc
- A.B. Dental Devices Ltd
- Geistlich Pharma AG
- BMT Group
- Osstem Implant
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Key Segments
By Product:
- Bone Grafts Substitutes
- Allografts
- Demineralized Bone Matrix(DBM)
- Others
- Xenograft
- Autografts
- Synthetic Bone Graft
- Bone Morphogenetic Protein(BMP)
- Allografts
- Bone Growth Stimulators
- Non-Invasive Electrical Bone Growth Stimulators
- Invasive Electrical Bone Growth Stimulators
By Application:
- Osteoarthritis (OA)
- Osteoporosis
- Rheumatoid Arthritis (RA)
- Spinal Disorders
- Dentistry
- Craniomaxillofacial (CMF)
- Trauma Cases
By Age Group:
- Pediatric
- Adults
- Geriatric
By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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