According to Transparency Market Research’s latest research report on the global bone graft substitutes market for the historical year, base year, and the forecast period, rise in prevalence of bone and joint disorders, technological advancements, increase in government initiatives for joint replacement surgeries, and surge in the number of healthcare facilities are projected to drive the global bone graft substitutes market in the near future.
Wilmington, Delaware, United States, Transparency Market Research Inc. – According to Transparency Market Research’s latest research report on the global bone graft substitutes market for the historical year (2018), base year (2019), and the forecast period (2020–2030), rise in prevalence of bone and joint disorders, technological advancements, increase in government initiatives for joint replacement surgeries, and surge in the number of healthcare facilities are projected to drive the global bone graft substitutes market in the near future
According to the report, the global bone graft substitutes market was valued at US$ 2.9 Bn in 2019 and is anticipated to expand at a CAGR of 3.4% from 2020 to 2030
Rise in Prevalence of Degenerative Joint Diseases to Propel Global Market
Growth of the global bone graft substitutes market is expected to be driven by rise in prevalence of degenerative joint diseases.
Orthopedic injuries are a major health issue in young as well as the geriatric population. Rheumatoid arthritis and osteoarthritis are highly common orthopedic diseases among the geriatric population. In the U.S., osteoarthritis affects nearly 27 million people, out of which 16 million to 20 million are aged between 25 and 74. The chance of developing osteoarthritis of the knee and hip in a lifetime is 45% to 25%, respectively. According to the Arthritis Foundation, 14 million individuals in the U.S. had symptomatic knee osteoarthritis in 2016.
Request Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79531
According to the Centers for Disease Control and Prevention (CDC), an estimated 67 million people in the U.S. above 18 years of age are expected to be diagnosed with arthritis by 2030.
Increase in Geriatric Population to Drive Bone Graft Substitutes Market
Risk of spinal injury increases with age. Aging decreases bone mineral density, making the bones porous and more prone to fractures. According to the International Osteoporosis Foundation, around 3.5 million cases of fracture, including spinal fractures and others, occurred in Europe in 2010, and the number is expected to reach 4.5 million by 2030.
Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=79531
High Cost of Surgery to Hamper Global Market
Bone graft substitutes are a long-term solution to bone disease treatment; however, these are expensive. No two patients or their customized bone grafts and substitute treatments are exactly alike. Hence, the number of appointments, procedures, and costs vary accordingly. Surgeons charge US$ 35,000 to US$ 40,000 for a complex posterolateral lumbar spine fusion bone graft surgery.
Bone Graft Substitutes Market: Competition Landscape
This report profiles major players operating in the global bone graft substitutes market based on attributes such as company overview, financial overview, product portfolio, major brands, business strategies, and recent developments.
Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=79531
The global bone graft substitutes market is highly competitive, with the presence of prominent players in the international market. The top players hold majority share of the global bone graft substitutes market.
Prominent players operating in the global bone graft substitutes market include
- DePuy Synthes
- RTI Surgical, Inc.
- Integra LifeSciences
- NuVasive, Inc.
- Stryker
- Wright Medical Group N.V.
- Xtant Medical
- Zimmer Biomet
- Baxter
- Medtronic
More Trending Reports by Transparency Market Research –
Corporate Wellness Market: The global corporate wellness market is expected to cross the value of US$ 74.5 Bn by the end of 2028.
3D Printing in Medical Applications Market: The global 3D printing in medical application market is expected to cross the value of US$ 2.76 Bn by the end of 2028.
Dura Substitute Market: The global dura substitute market is expected to reach the value of US$ 328.6 Mn by the end of 2031.
Healthcare Contract Research Outsourcing Market: The global healthcare contract research outsourcing market is expected to reach the value of US$ 63.09 Bn by the end of 2028.
Healthcare Biometrics Market: The global healthcare biometrics market is expected to reach the value of US$ 74.08 Bn by the end of 2028.
Cloud Computing Market: The global cloud computing market in healthcare industry is expected to reach the value of US$ 911.6 Bn by the end of 2028.
Population Health Management Market: The global population health management market is expected to cross the value of US$ 86.9 Bn by the end of 2028.
Medical Transcription Services Market: The global medical transcription services market is expected to cross the value of US$ 96.7 Bn by the end of 2028.
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com