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GLOBAL INDUSTRY INSIGHT:
Bone Graft Market Trends, Size, Share, Development, Growth and
Demand Forecast to 2023
Global Bone Graft Market Size, Share, Development, Growth and
Demand Forecast to 2023
The global bone graft market is growing due to the advancements in the bone graft techniques, and extensive
research and development activities. The increasing healthcare provider’s compliance for bone graft techniques in
the emerging economies is creating abundant opportunities for the growth of the global bone graft market. The
advanced research and development activities, and new product developments by the major players are
supporting the growth of cost effective and efficient bone graft procedures, which is further fuelling the growth of
the global bone graft market.
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The increasing number of mergers and acquisitions is a key trend witnessed in the global bone graft market. Bone
graft refers to medical procedure for the treatment of the bone and joint associated problems. Bone graft is used
for transplanting bone tissue, in order to repair diseased bones in spine, knees, hips, and other bones and joints.
Bone grafts are mainly of two types – autografts and allografts. Autograft procedure utilizes the bone tissue from
other skeleton parts of the individual requiring bone graft; whereas, allograft procedure utilizes bone tissue for
transplantation from a different donor. A surgeon may ask for bone graft in several medical conditions, such as
autoimmune disorder and diabetes, slowed healing process due to the use of nicotine, spinal procedures, and
bone or disc material removal during surgery.
Some of the factors driving the growth of the global bone graft market are increasing number of surgical
procedures, such as joint reconstruction and spinal fusion surgeries, growing geriatric population, increasing
prevalence of chronic diseases, growing healthcare expenditure, and increasing healthcare provider’s adherence
for allograft. In addition, the development of advanced bone graft techniques and increasing incidences of bone
fractures are expected to drive the growth of the global bone graft market, during the projected period. However,
the high cost associated with the bone graft techniques, lack of reimbursement, availability of substitutes of bone
graft, and lack of skilled professionals are some of the factors, restraining the growth of the global bone graft
market.
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Geographically, North America leads the global bone graft market, due to increasing geriatric population, growing
number of surgical procedures, and high healthcare expenditures. In addition, huge investment by key players for
the development of bone graft and high awareness among the healthcare providers regarding the importance of
bone graft techniques are propelling the growth of the bone graft market in the region. Asia-Pacific is the fastest
growing region in the global bone graft market. The fastest growth of the region is attributed to the increasing
healthcare expenditure, presence of large pool of patients, and growing adoption of bone graft techniques.
Moreover, the global bone graft market is growing due to improving healthcare infrastructure, and increasing
number of spinal and reconstruction surgeries in the emerging countries of Asia-Pacific, such as India and China.
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Global Bone Graft Market Size, Share, Development, Growth and
Demand Forecast to 2023
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Some of the key players operating in the global bone graft market are Biomet Inc., BioMimetic Therapeutics Inc.,
Stryker Corporation, RTI Surgical Inc., AlloSource, Depuy Synthes (a part of Johnson and Johnson Services Inc.
companies) NovaBone Products LLC, Exactech Inc., Integra LifeSciences Corporation, Medtronic, NuVasive Inc.,
Smith & Nephew PLC, Wright Medical Technology Inc., LifeNet Health, and Zimmer Biomet.
MARKET SEGMENTATION
Global Bone Graft Market, By Product Type
•
Demineralized Bone Matrix
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Machine Bone Allografts
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Stem Cell-Based Bone Grafts
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Allografts
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Synthetic Bone Grafts
Global Bone Graft Market, By Geography
•
North America
•
Europe
•
Asia-Pacific
•
Latin America
•
Rest of the World
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Global Bone Graft Market Size, Share, Development, Growth and
Demand Forecast to 2023
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