Dental Bone Graft Substitutes Market Share 2022: Global Trends, Key Players, Industry Analysis and Forecast to 2027
Market Synopsis:
Market Research Future (MRFR)’s latest study reveals that the
global bone graft substitutes market is expected to expand at 6.52% CAGR during
the forecast period 2017 to 2027. The market is set to reach a valuation of USD
5,031 Mn by the end of the assessment period. The increasing prevalence of
diseases related to bones has intensified the demand for bone graft
substitutes. Additionally, the rising awareness about the developments in bone graft
substitutes coupled with rising healthcare expenditure is likely
to augment the market size and revenue over the next couple of years.
The painful procedure related to autografts have paved the way for
developments in the Dental Bone Graft
Substitutes Market. Hence, the demand for alternatives such as
allografts, xenografts, and synthetic bone grafts has been on the rise. It is
projected to aid the proliferation of the market in the forthcoming years by
accelerating its adoption.
The growth of the bone graft substitutes market is guided by the
factors such as increasing orthopedic problems, exponential geriatric
population, and rising demand for reconstructive orthopedic treatments. The
adoption of bone graft substitutes in the oral healthcare sector is another
factor responsible for catalysing the growth of the bone graft substitutes
market through the assessment period.
The dental
bone graft membrane market is poised to remain highly lucrative in the foreseeable
future. However, risks associated with disease transmission in allografts and
xenograft as well as graft rejection, improper fixation, etc. are prognosticated
to restrict the market expansion over the forecast period.
Market Segmentation:
·
By type, the global bone graft
substitutes market is segmented into autograft, demineralized bone matrix,
synthetic bone grafts, bone morphogenetic protein, and others.
·
By application, the bone
graft substitutes market has been segmented into spinal fusion, joint
reconstruction, long bone, dental, foot & ankle, and others.
Competitive Dashboard:
Sone of the key players profiled in the report includes
·
ACE Surgical Supply Company, Inc.,
·
Dentium Co., Ltd.,
·
BioHorizons IPH, Inc.,
·
Dentsply Sirona,
·
Medtronic plc,
·
Stryker Corporation,
·
Zimmer Biomet, and
·
Institut Straumann AG.
Regional Insights:
By region, the global bone graft substitutes market has been
segmented into Americas, Europe, Asia Pacific, and the Middle East &
Africa. Americas accounted for the largest share of the global market in 2016.
It is expected to retain a significant share of the market by the end of 2027
striking a CAGR of 6.1%. The growth is attributable to the technological
advancements in health care, the presence of key players, etc. The developed
healthcare sector of the U.S. is poised to be one of the primary revenue
generators in the regional bone graft substitutes market.
Europe is the second largest market for bone graft substitutes. It
is estimated to thrive at 6.76% CAGR owing to increasing awareness about bone
graft substitutes and rising healthcare expenditure. Meanwhile, Asia Pacific is
set to register a relatively higher CAGR of 6.85% during the forecast period.
The presence of fast-developing economies such as China and India are immensely
supporting the growth of the bone graft substitutes market in the region. The
trend is likely to perpetuate over the next couple of years.
The Middle East & Africa is expected to exhibit steady growth
due to the developments in the healthcare sector in Gulf nations. However, the
poor socio-economic situation in African regions remains an impediment to the
market growth.
Table
Of Contents:
Chapter
1. Report Prologue
Chapter
2. Market Introduction
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
Chapter
3. Research Methodology
3.1. Introduction
3.2. Primary Research
3.3. Secondary Research
3.4. Market Application
Estimation
TOC will be Continue..
Industry Developments:
·
In August 2018, Bone Support, a Scandinavian orthobiologics
company, won Health Canada approval for Cerement G bone graft substitute.
·
In September 2018, Baxter International Inc., an American
healthcare company, received FDA clearance for its Actifuse Flow bone graft
substitute. It shall be used in orthopedic surgical procedures.
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