Innovative bone replacement techniques are making their way as doctors and surgeons realize the need for conducting safe operations, reducing patient complications, and improving the length and longevity.
Bone Replacement Market Overview:
Innovative bone replacement techniques are making their way as doctors and surgeons realize the need for conducting safe operations, reducing patient complications, and improving the length and longevity. New techniques are focused on rapid recovery and ease in planning and execution of surgeries. Novel materials and methods are found after the extensive research and development activities. Moreover, 3D images are used to have a comprehensive view and conduct surgeries. The development of novel bone replacement processes will continue. According to the report published by Allied Market Research, the global bone replacement market is estimated to reach $25.20 billion by 2030. Following are some of the activities taking place across the world.
Research and development activities to devise innovative methods of replacement of bones are ongoing. A researcher from the King George’s Medical University (KGMU) found a novel method to replace and repair complex fractured bones to enable rapid recovery for patients. Dr. Shilpa Trivedi discovered that stem cells from tooth pulp have ability to accelerate process of bone formation in bone grafts. In case of complex fractures, bone grafts are usually utilized for replacement of some portions of bones.
Dr. Trivedi carried out the process of extraction of stem cells from tooth pulp and tried culture therapy for allowing it to grow for six weeks. Then it was transfused into a bone graft and its impact was monitored. The monitoring process was carried out for 21 days and different proportions of stem cells were used. During the monitoring process, it was observed that the transfusion into the bone graft led to two and a half times higher bone regeneration as compared to lack of transfusion into the graft. This shows that patients in need of bone grafting can have a higher rate of recovery with transfusion of stem cells into bone grafts.
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Top Leading Players:
The key bone replacement market players profiled in the report include AK Medical Holdings Limited (AK Medical), B. Braun Melsungen, Colfax Corporatio, Exactech Inc., Johnson & Johnson (Depuy Synthes), Smith & Nephew Plc, Stryker Corporation, United Orthopedic Corporation, Waldemar Link GmbH & Co. Kg, and Zimmer Biomet Holdings, Inc.
Covid-19 Scenario-
Here, it’s worth mentioning that the outbreak of the Covid-19 pandemic gave way to adjournment of the majority of elective surgeries across the world, which in turn resulted into a steep decline in demand for bone replacement, thereby impacting the market negatively, especially during the initial period. However, as the global situation is getting back to normalcy, the bone replacement market is also projected to revive soon.
The trend of development of innovative techniques for bone replacement continues with a doctor taking a sci-fi approach. The doctor is utilizing holograms for planning and conducting shoulder surgeries. Dr. George Athwal, a surgeon at St. Joseph’s Health Care London, utilizes 3D hologram throughout the shoulder replacement process. These holograms are taken from CT scans of the bones of the patient before surgery. These 3D images enable the surgeons in planning the operation and executing within the surgical suite. These images provide an opportunity to surgeons to determine a virtual 3D model of joints of patients. This facilitates the planning and execution processes for bone replacement. Such innovative techniques will continue to evolve in coming years.