Kenneth Research, in its repository of market research reports, have recently added a report on Bone Grafts and Substitutes Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Bone Grafts and Substitutes Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Bone Grafts and Substitutes Market products.
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Bone grafts are implantable materials which allows for bone healing, bone formation, and osseous reconstruction due to their osteoconductive, osteogenic, and osteoinductive properties. Bone grafting is a surgical procedure in which a patient’s missing or defective bone is replaced with that from an animal, cadaver, or a different person.
Market Overview and Trends
The increasing use of alloplastic bone grafts such as ceramics and polymers instead of using natural materials for bone graft holds the potential of changing the treatment landscape of this market. Moreover, Recombinant DNA technology is used to mix synthetic materials with growth factors to enhance grafts and stem cell-based auto grafts. This technological crossover holds the potential to boost the characteristics of synthetic bone graft such as osteoconduction, osteoinduction and osteogenesis etc.
Factors Influencing the Market Growth:
• Higher occurrence of bone & joint disorders
• Technological advancement
• Development of biocompatible synthetic bone grafts
• Increase demand for dental bone grafts
Factors Restraining the Market Growth:
• Strict regulatory environment
• High cost of procedures and surgeries
Market Segmentation 2019-2029:
The bone grafts and substitute market is segmented on the product & service types, geography.
Product & Service Types Covered:
Global Bone Grafts and Substitutes by Material Type Market, 2019-2029
Global Bone Grafts and Substitutes Natural Material Market, 2019-2029
Global Bone Grafts and Substitutes Material-Autografts Market, 2019-2029
Global Bone Grafts and Substitutes Material-Allografts Market, 2019-2029
Global Bone Grafts and Substitutes Material-Demineralized Bone Matrix (DBM) Market, 2019-2029
Global Bone Grafts and Substitutes Material Other Allografts Market, 2019-2029
Global Bone Grafts and Substitutes Synthetic Material Market, 2019-2029
Global Bone Grafts and Substitutes Material-Ceramic Market, 2019-2029
Global Bone Grafts and Substitutes Material-Composite Market, 2019-2029
Global Bone Grafts and Substitutes Material-Polymer Market, 2019-2029
Global Bone Grafts and Substitutes Material-Bone Morphogenetic Proteins (BMP) Market, 2019-2029
Global Bone Grafts and Substitutes by Application Type Market, 2019-2029
Global Bone Grafts and Substitutes Spinal Fusion Market, 2019-2029
Global Bone Grafts and Substitutes Dental Market, 2019-2029
Global Bone Grafts and Substitutes Joint reconstruction Market, 2019-2029
Global Bone Grafts and Substitutes Craniomaxillofacial Market, 2019-2029
Global Bone Grafts and Substitutes Foot and Ankle Market, 2019-2029
Global Bone Grafts and Substitutes Long Bone Market, 2019-2029
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• LAMEA Market, 2019-2029
Major Market Players:
DePuy Synthes, Medtronic PLC, Nuvasive, Inc., Orthofix Holdings, Inc, Wright Medical Group N.V., AlloSource, Inc, Stryker Corp., Zimmer Biomet Holdings, Inc., Baxter International Inc., Arthrex, Inc.
Key questions answered by this report:
• What is the current size of the total global Bone Grafts and Substitutes market?
• How much will this market be worth from 2018 to 2029?
• How is the Bone Grafts and Substitutes market evolving?
• What is driving and restraining the Bone Grafts and Substitutes market?
• What are the market shares of each segment of the overall Bone Grafts and Substitutes market currently and how will these change to 2029?
• What are the main submarkets and how much revenue will each Bone Grafts and Substitutes market submarket account for over the next 10 years to 2029 and why?
• How will the market shares for each Bone Grafts and Substitutes market submarket develop from 2018 to 2029?
• Who are the leading players and what are their prospects over the forecast period?
• How will the industry evolve to 2029?
• What are the largest national markets for Bone Grafts and Substitutes market? What is the current status and how will it develop over the next ten years? What are their forecasts for 2019-2029?
• Who are the most prominent companies, and what are their activities and outlooks?
• What are the main trends that will affect the Bone Grafts and Substitutes market between 2018 and 2029?
Visiongain’s study is intended for anyone requiring commercial analyses for the Bone Grafts and Substitutes market. You find data, trends and predictions.
Buy our report today Bone Grafts and Substitutes Market 2019-2029: By Material Type (Natural, Synthetic), By Application Type (Spinal Fusion, Craniomaxillofacial, Long Bone), By Region, And Segment Forecasts
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