DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "MediPoint: Bone Grafts & Substitutes - Global Analysis and Market Forecasts" report to their offering.
The global bone grafts and substitutes market was estimated at US$2.6B in 2016 across globally. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$3.3B at a Compound Annual Growth Rate (CAGR) of 3.7%.
Autograft bone is considered the gold-standard treatment, as it confers complete histocompatibility while possessing all three parts of the bone healing triad: osteoconductive, osteoinductive, and osteogenic healing potentials. However, the amount of autograft bone available is often insufficient, and the graft harvesting procedure presents a number of comorbidities including donor site pain and infection. Due to these drawbacks, a soaring demand for alternatives to autograft bone has arisen globally.
Conditions for spontaneous bone healing after trauma or orthopedic surgery are not always ideal. Even with the efficacy of modern internal fixation and spinal fusion techniques, factors such as poor vascularity, malnutrition, and substantial bone or soft tissue loss can impede effective bone growth. As a result, the market for bone grafts and substitutes has emerged and exploded.
Middle East and Africa bone grafts and substitutes market is projected to grow at a CAGR of 6.7% during the forecast period, followed by South America, APAC, North America and Europe at a CAGR of 5.9%, 5.2%, 3.5% and 3.0% respectively. The US represented the largest portion of the market in 2016, holding 95.5% of the regional revenue, and is expected to maintain this dominance through the forecast period.
Reasons to buy
- Identify the unmet needs and understand physicians' perceptions of the current bone grafts and substitute products.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global bone grafts and substitutes market in the future.
Formulate effective sales and marketing strategies by understanding
the competitive landscape and by analyzing the performance of various
Key Topics Covered:
1 Table of Contents
2 Executive Summary
4 Market Outlook
5 Market Insights
6 Competitive Assessment
- DePuy Synthes
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