Bone Grafts And Substitutes Market Size, Share & Trends Analysis Report By Material Type, By Application Type, By Region And Segment Forecasts, 2019 - 2026

Wednesday, December 11, 2019 General News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, Dec. 11, 2019 /PRNewswire/ --

Bone Grafts And Substitutes Market Size, Share & Trends Analysis Report By Material Type (Allograft, Synthetic), By Application Type (Spinal Fusion, Craniomaxillofacial, Long Bone), By Region, And Segment Forecasts, 2019 - 2026

Read the full report:

The global bone grafts & substitutes market size is expected to reach USD 3.54 billion by 2026. The market is expected to register a healthy CAGR of 4.1% during the forecast period. The availability of advanced products in varied shapes and sizes providing high osteoconductive and osteoinductive properties is supplementing market growth. In minimally invasive procedures, large incisions and damage to muscles surrounding repair area can be significantly avoided. These techniques also reduce the duration of hospital stay and support rapid wound healing with lesser pain and surgical wounds. Thus, rising adoption of bone graft and substitutes in minimally invasive surgical procedures is further anticipated to boost market growth in near future. Minimally invasive total joint replacement and spine surgeries are some of the newly adopted procedures.Moreover, increasing adoption of synthetic bone grafts due to lesser chance of disease transmission is propelling the growth. Key companies operational in the bone grafts and substitutes market space are DePuy Synthes; Medtronic PLC; NuVasive, Inc.; Orthofix Holdings, Inc.; Wright Medical Group N.V.; AlloSource, Inc.; and Stryker Corp. Further key findings from the report suggest: • Increasing number of orthopedic surgeries and rising demand for minimally invasive surgeries are primary factors driving the growth • By product type, allografts accounted for the largest revenue share as of 2018 in bone grafts & substitutes market, mainly due to properties such as immediate structural support and osteoconductivity. Moreover, allografts do not require another surgery to harvest the bone, which results in reduced surgery time and wound healing, thus, attributing toward segment growth • Spinal segment held the largest share of the application segment in 2018 owing to the increasing geriatric population and growing number of spinal disorders. • The dental segment is expected to exhibit the fastest growth over the forecast period owing to the increasing number of dental implant surgeries and technological advancements in dental grafts. • The U.S. held dominant revenue share of North American market in 2018, owing to rising traumatic injuries, adoption of bone grafts, and number of orthopedic & minimally invasive surgical procedures • Key players in the market include DePuy Synthes; Medtronic PLC; Nuvasive, Inc.; Orthofix Holdings, Inc.; Wright Medical Group N.V.; AlloSource, Inc.; and Stryker Corp.Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: US: (339)-368-6001 Intl: +1 339-368-6001

Cision View original content:

SOURCE Reportlinker

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions
Premium Membership Benefits

News A - Z



Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store