Global Bone Grafts and Substitute Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FAST.MR


The report offers an in-depth analysis of the Bone Grafts and Substitute market in terms of market data and growth rate for the forecast period of 2020 to 2025. It provides analysis of the regional and industry trends that are impacting the dynamics of the Bone Grafts and Substitute market.

The global bone grafts and substitutes market was estimated at around USD 2.87 billion in 2019 and is expected to grow with the CAGR of 4.0% during forecast period 2020-2027. Rising awareness pertaining to bone regeneration is expected to drive market growth.

The technological innovations related to bone regeneration is expected to fuel the market growth for bone grafts and substitutes. The rising old aged population is the most susceptible age group which are prone towards problems related to weakening of bones. As per the stats released by the United Nations, global geriatric population reached 962 million in 2017 and is projected to reach 2.1 billion by 2050. Therefore, growing geriatric population is likely to positively influence the market growth over the coming years.

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The COVID-19 pandemic has had a significant impact on the market size for the year 2020. The report offers analysis on three COVID-19 situations: Long-term COVID-19 pandemic, mid-term COVID-19 pandemic and short term COVID-19 pandemic.

The report offers insights that aids major stakeholders form business strategies and discover revenue growth opportunities across the globe. The report is also crucial to small sized and start-ups in Bone Grafts and Substitute market and it will help them to devise long-term business-related decisions to develop their market share in the global Bone Grafts and Substitute market. Market insights and factors contributing to the growth in the demand of Bone Grafts and Substitute can be accessed through this report.

This Bone Grafts and Substitute market research report reveals strategic information on the recent developments and ongoing trends in the market. It also offers a peek on the changes in the business models and product demand; to aid major company’s measure the growth scenarios in the Bone Grafts and Substitute market.

What Questions are answered in the Bone Grafts and Substitute Research Report?

Taking various micro economic and macro economic factors into consideration, the study offers detailed insights on the Bone Grafts and Substitute. The report analyses dynamics of the market and provide answer to various questions for industry players operating in the Bone Grafts and Substitute market. These include:

  • What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
  • Which region would have high demand for product in the upcoming years?
  • What are the factors driving the growth of the market?
  • Which sub-market will make the most significant contribution to the market?
  • What are the market opportunities for existing and entry-level players?
  • What are various long-term and short-term strategies adopted by the market players?
  • What are the key business strategies being adopted by new entrants in the Bone Grafts and Substitute?

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Competitive Landscape

The key vendors of the industry are Zimmer Biomet, Wright Medical Group N.V., Stryker Corporation, Smith & Nephew Inc., Orthofix Holdings Inc., Nuvasive Inc., Kuros Biosciences, Baxter, DePuy Synthes Inc., and AlloSource.

The industry vendors are focused on developing effective synthetic materials and enhancing market presence. For instance, in 2018, Nuvasive Inc. launched a ceramic based bone graft called AttraX. Similarly, Medtronic launched a new product for spine surgeries called Infuse in 2018.

Definition

The material required to perform bone grafting surgical procedure that assists in replacement or repairing of bone structures is known as bone grafts and substitutes

Global Bone Grafts and Substitutes Market Segmentation

By Product

Allografts

–Demenaralized Bone Matrix

–Others

 -Synthetic

–Composite

–Ceramic

–Polymer

–Bone Morphogenetic Proteins

By Application

-Dental

-Craniomaxillofacial

-Joint Reconstruction

-Foot and Ankle

-Long Bone

-Spinal Fusion

 

Bone Grafts and Substitute Report: Research Methodology

The secondary research study involves the utilization of extensive secondary sources such as organization data, government department statistics and online databases for the analysis of the market. Company websites, annual report, investor presentations, white paper, databases, fact book and press releases were also referred for the analysis of leading players in the industry.

Fast.MR conducts extensive primary interviews with industry participants and commentators to validate its data and analysis. Interviews are conducted with variety of players in each industry. These interviews are conducted by our analysts in subject countries and regional/global level for international analysis. Primary sources include various experts such as CEOs, marketing directors, technology and innovation directors and executives from various key companies operating in the market.

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About Fast.MR

FAST.MR is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in depth to provide our clients with better strategies to stand out in the market.

Our report covers current market status, opportunities available in the market, growth plans, and emerging trends in order to cater to the evolving needs of the customers. We help businesses around the globe with operational improvements, technologies, emerging market trends which in-depth boost the company’s growth in the future. The reports prepared by us are customized according to the client’s needs. We inculcate high morale and ethics while preparing our report which helps in building long term relationships with our clients.

 

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