Global Bone Grafts and Substitutes (BGS) Market Growth 2023-2029

Global Bone Grafts and Substitutes (BGS) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Bone Grafts and Substitutes (BGS) Industry Forecast” looks at past sales and reviews total world Bone Grafts and Substitutes (BGS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Bone Grafts and Substitutes (BGS) sales for 2023 through 2029. With Bone Grafts and Substitutes (BGS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bone Grafts and Substitutes (BGS) industry.

This Insight Report provides a comprehensive analysis of the global Bone Grafts and Substitutes (BGS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bone Grafts and Substitutes (BGS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bone Grafts and Substitutes (BGS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bone Grafts and Substitutes (BGS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bone Grafts and Substitutes (BGS).

The global Bone Grafts and Substitutes (BGS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Bone Grafts and Substitutes (BGS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ceramic-Based BGS
Polymer-Based BGS
Growth Factor-Based BGS
Cell-Based BGS
Harvested BGS
Others

Segmentation by application
Spinal Fusion
Dental
Joint Reconstruction
Craniomaxillofacial
Foot and Ankle
Long Bone

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Medtronic
Wright Medical Technology
Synthes
Stryker
Baxter International
TiGenix
Integra LifeSciences Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bone Grafts and Substitutes (BGS) market?

What factors are driving Bone Grafts and Substitutes (BGS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bone Grafts and Substitutes (BGS) market opportunities vary by end market size?

How does Bone Grafts and Substitutes (BGS) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.