The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest bone grafts and substitutes market share.

The global bone grafts and substitutes market is expected to grow from $2.95 billion in 2022 to $3.16 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The bone grafts and substitutes market size is expected to grow to $3.92 billion in 2027 at a CAGR of 5.5%.

Major Driver In The Bone Grafts And Substitutes Market ­– Rise In The Incidence Of Musculoskeletal Disorders Such As Osteoporosis And Tendonitis
According to a Paediatric Orthopaedic Consultant at Indian Spinal Injuries Centre in Delhi, there was a 50% increase in Paediatric Orthopaedic Cases in March 2022 as a result of pupils’ bad posture during online classes. Furthermore, according to an estimate by Cleveland Clinic, a US-based medical service provider, approximately 200 million individuals worldwide had osteoporosis in 2020, with 54 million suffering from it in the US. As a result, the rising incidence of musculoskeletal problems contributes to an increase in demand for bone grafts and substitutes.

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Key Bone Grafts And Substitutes Market Segments
1) By Material: Allograft, Synthetic, Composites, Polymers, Bone Morphogenic Proteins (BMP), Other Materials
2) By Application: Spinal fusion, Trauma, Craniomaxillofacial, Joint reconstruction, Dental bone grafting, Other Applications
3) By End User: Hospitals, Surgical Centres, Clinics, Others End Users

Recent Bone Grafts And Substitutes Market Trend – New Product Innovations
To address consumer demand, major firms in the bone grafts and substitutes industry are focusing on product innovation. For example, in July 2021, Orthofix, a US-based manufacturer of bone graft devices, introduced the Orthofix fiberFUSE Strip, a sophisticated demineralized bone graft solution containing cancellous bone. Novel Fibres Strip is an excellent bone-graft strip for the prevention of posterior cervical, posterior lumbar, and degenerative spinal surgery. The fiberFuse Strip is made up of mineralized cancellous and demineralized cortical bone fibres that are utilised in bone repair.

Bone Grafts And Substitutes Market Prominent Players
Major players in the bone grafts and substitutes market are Zimmer Biomet Dental, DePuy Synthes, Wright Medical Technology, Medtronic PLC., Stryker Corporation, NuVasive Inc., Arthrex Inc., Integra LifeSciences, Baxter International Inc., Musculoskeletal Transplant Foundation, Bacterin International Holdings, SeaSpine, LifeNet Health, AlloSource, DePuySynthes Inc., Biobank, GeistlichPharma AG, Smith & Nephew, OST Devloppement, Orthofix Holdings Inc., and TBF Tissue Engineering.

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The Bone Grafts And Substitutes Global Market Report 2023  provides a comprehensive overview on the bone grafts and substitutes market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the bone grafts and substitutes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A process in which bone deficiencies are treated with bone grafts or bone graft substitutes is referred to as bone grafts and substitutes. Bone defects requiring bone grafting are prevalent in trauma and orthopaedic surgery. The envelopment and interdigitation of donor bone tissue with new bone formed by the recipient is referred to as bone grafting. It is adaptable, replacing damaged bone tissue and promoting bone growth through natural methods. Bone grafts and substitutes are utilised to repair and grow missing bone while also restoring correct facial contour.

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