Global Bone Grafts and Substitutes (BGS) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Bone Grafts and Substitutes (BGS) market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Bone grafts and substitutes (BGS) comprise the products that are used for the replacement of missing bones or to repair bone fractures. BGS are widely used in hip, foot and ankle surgeries, fractures and bone injuries. Bone graft and substitutes usually include components like osteoconductive matrix that act as scaffold for the development of new bone, osteoinductive proteins that supports mitogenesis of identical bone cells and osteogenic cells which are capable of forming bone in the appropriate environment. Bone grafts may be allografts, autologus or synthetic types. Main objective behind the use of bone graft and substitute product is to gain healing from factures and bone injuries or to replace the natural bone.
Increasing cases of orthopaedic surgeries and musculoskeletal disorders (MSD) which demands the use of bone grafts and substitutes will drive the growth of the market. For example, according to American Academy of Orthopaedic Surgeons, approximately 3 million musculoskeletal procedures perform annually in the United States. In addition, it is also stated that bone grafts are used in around 2.2 million orthopaedic procedures globally. Thus, increasing use of bone grafts coupled with increasing cases of disorders that demands use of these materials will boost the growth of bone grafts and substitutes market. Furthermore, many key players offer variety of bone graft products that will attract more number of customers and hence drives the market growth. For example, Synthes, Inc., a Johnson and Johnson Company offers chronOS Strip bone graft substitute. This synthetic bone graft is manufactured from chronOS β-tricalcium phosphate granules that can be perfuse with patients own bone marrow and blood. Additionally, consistent efforts of many key players of this market to develop biodegradable composite structures and polymeric materials will attract customers to use bone grafts and substitute products and hence drives the market growth. Various other factors like advancement in technologies and increasing number of mergers and acquisitions will also drive the market growth of bone grafts and substitutes. However, some of the limitations using bone grafts and substitutes like donor site morbidity and difficulty in supplying these materials will hinder the market growth of bone grafts and substitutes.
The Global Info Research report includes an overview of the development of the Bone Grafts and Substitutes (BGS) industry chain, the market status of Spinal Fusion (Ceramic-Based BGS, Polymer-Based BGS), Dental (Ceramic-Based BGS, Polymer-Based BGS), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bone Grafts and Substitutes (BGS).
Regionally, the report analyzes the Bone Grafts and Substitutes (BGS) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bone Grafts and Substitutes (BGS) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Bone Grafts and Substitutes (BGS) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bone Grafts and Substitutes (BGS) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Ceramic-Based BGS, Polymer-Based BGS).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bone Grafts and Substitutes (BGS) market.
Regional Analysis: The report involves examining the Bone Grafts and Substitutes (BGS) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bone Grafts and Substitutes (BGS) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Bone Grafts and Substitutes (BGS):
Company Analysis: Report covers individual Bone Grafts and Substitutes (BGS) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bone Grafts and Substitutes (BGS) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Spinal Fusion, Dental).
Technology Analysis: Report covers specific technologies relevant to Bone Grafts and Substitutes (BGS). It assesses the current state, advancements, and potential future developments in Bone Grafts and Substitutes (BGS) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bone Grafts and Substitutes (BGS) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Bone Grafts and Substitutes (BGS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Ceramic-Based BGS
Polymer-Based BGS
Growth Factor-Based BGS
Cell-Based BGS
Harvested BGS
Others
Market segment by Application
Spinal Fusion
Dental
Joint Reconstruction
Craniomaxillofacial
Foot and Ankle
Long Bone
Major players covered
Medtronic
Wright Medical Technology
Synthes
Stryker
Baxter International
TiGenix
Integra LifeSciences Corporation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bone Grafts and Substitutes (BGS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bone Grafts and Substitutes (BGS), with price, sales, revenue and global market share of Bone Grafts and Substitutes (BGS) from 2019 to 2024.
Chapter 3, the Bone Grafts and Substitutes (BGS) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bone Grafts and Substitutes (BGS) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bone Grafts and Substitutes (BGS) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bone Grafts and Substitutes (BGS).
Chapter 14 and 15, to describe Bone Grafts and Substitutes (BGS) sales channel, distributors, customers, research findings and conclusion.