The global bone regeneration market aims to reach USD 7,827.8 million by 2033, growing at a 3.8% compound annual growth rate from its estimated USD 5,380.75 million in 2023. Of all product categories, bone graft substitutes held the largest market share in 2022, accounting for 81.2% of the total.
The increasing prevalence of bone problems worldwide and the need for reconstructive surgery have led to a need for bone-regenerating therapy. Statistics show that symptomatic osteoarthritis affects about 10% of males and 18% of women over 60. In addition, there has been a notable increase in bone injuries and hip fractures, especially in athletes, which has increased the demand for bone regeneration treatments.
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In lieu of bone grafts, alternative methods are employed to treat delayed fracture unions, fuse the spine, correct irregularities in the bone, and fill cavities caused by a range of circumstances. The material comes from several sources such as demineralized bone matrix, autografts, allografts, synthetics, bone void fillers, and bone morphogenetic proteins.
Key Takeaways:
- The global bone regeneration market is expected to reach USD 7,827.8 million by 2033, reflecting a rise from USD 5,380.75 million in 2023.
- This growth is projected at a consistent compound annual growth rate (CAGR) of 3.8% throughout the forecast period.
- The increasing need for reconstructive surgeries and the growing prevalence of bone diseases are key drivers for market expansion.
Competitive Landscape:
Key competitors in the bone regeneration sector are focusing on collaborations, product launches, and expansion to achieve a dominant position in the market. With the use of these strategies, market participants can increase the number of products they offer and their market penetration. As a result, they have seen a rise in their overall revenue share in the global market for bone regeneration.
Given below are a few examples of the key strategies followed by the manufacturers:
- In March 2022, Biocomposites, a multinational maker of medical products, and Zimmer Biomet agreed to a multiyear distribution agreement for Genex Bone Graft Substitute in the orthopedic market in the USA This product features a new mixing mechanism and delivery options.
- In February 2020, Integra LifeSciences launched the AmnioExcel® Plus placental allograft membrane.
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Key Players
- Medtronic plc.
- Stryker Corporation
- DePuy Synthes Inc.
- Integra Lifesciences Holdings Corporation
- Zimmer Biomet HoldingsInc.
- Xtant Medical HoldingsInc.
- Arthrex Inc.
- Baxter International Inc.
- Musculoskeletal Transplant Foundation
- Smith & NephewInc.
- Orthofix HoldingsInc.
- NuvasiveInc.
- Allosaurus
- NovaBone ProductsLLC
- BonAlive Biomaterials Ltd.
- Sigma Graft Biomaterials
- RTI Surgical
- Institut Straumann AG
- ExactechInc
- A.B. Dental Devices Ltd
- Geistlich Pharma AG
- BMT Group
- Osstem Implant
Key Segments:
By Product:
- Bone Grafts Substitutes
- Allografts
- Demineralized Bone Matrix(DBM)
- Others
- Xenograft
- Autografts
- Synthetic Bone Graft
- Bone Morphogenetic Protein(BMP)
- Allografts
- Bone Growth Stimulators
- Non-Invasive Electrical Bone Growth Stimulators
- Invasive Electrical Bone Growth Stimulators
By Application:
- Osteoarthritis (OA)
- Osteoporosis
- Rheumatoid Arthritis (RA)
- Spinal Disorders
- Dentistry
- Craniomaxillofacial (CMF)
- Trauma Cases
By Age Group:
- Pediatric
- Adults
- Geriatric
By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
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