Bone Grafts and Substitutes Market Estimated to Expand 5.1% by 2027

The global Bone Grafts and Substitutes Market size was around USD 2,653.1 million in 2020 and is set to reach USD 3,360.91 Million by 2027 and is estimated to expand at a modest CAGR of 5.1% during the prediction period 2021 to 2027.

Bone grafts are implantable materials, which promote bone healing, bone formation, and osseous reconstruction due to their osteoconductive, osteogenic, and osteoinductive properties. They are used in sports, trauma, plastic, facial, and spinal surgeries. In addition, they can be used to fill voids in case of absence of bones or help in provision of structural stability. Bone grafting is a surgical procedure for replacing a missing or defected bone with a material (bone graft) from a patient’s own body, cadaver, animals, or a different person. It finds its application in wound healing, complex fracture treatment, and others.

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The growth of the global bone grafts and substitutes market is driven by factors such as rise in incidence of musculoskeletal disorders, development of biocompatible synthetic bone grafts, technological advancements in medical field leading to a shift from autograft to allograft, and increase in demand for dental bone grafts. However, higher costs of surgeries and ethical issues related to bone grafting procedures are anticipated to limit the bone grafts and substitutes market growth.

Scope of the Report

This report provides an all-inclusive environment of the analysis for the Bone Grafts and Substitutes Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Bone Grafts and Substitutes Market growth

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Bone Grafts and Substitutes Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Bone Grafts and Substitutes Market.

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Significant Market Participants Operational in the Bone Grafts and Substitutes Market are:

• Arthrex Inc.
• Baxter International Inc.
• Integra Life Sciences Holdings Corporation
• Johnson & Johnson (DePuy Synthes)
• Medtronic Plc.
• Musculoskeletal Transplant Foundation
• NuVasive Inc.
• Stryker Corporation
• Xtant Medical Holdings Inc.
• Zimmer Biomet Holdings, Inc.

Key Segments Covered in the Report

By Product

• Allografts
• Machined allografts
• Demineralized bone matrix
• Bone Grafts Substitutes
• Bone morphogenic proteins (BMP)
• Synthetic bone grafts
• Cell based matrices

By Application

• Spinal fusion
• Trauma
• Craniomaxillofacial
• Joint reconstruction
• Dental bone grafting

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