Reports and Insights (R&I) has published a new report titled, “Biological Bone Repair Materials Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Biological Bone Repair Materials Market, By Type (Bone Growth Stimulators (BGS), Viscosupplements, Bone Graft Substitute) By End User (Hospitals, Ambulatory Surgical Centres, Orthopaedics Clinics) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
As per the report, the soaring frequency of musculoskeletal, sports, and orthopaedic injuries among the population across the world is expected to accelerate the growth of the biological bone repair materials market to the greatest extent.
As a matter of fact, if a damaged bone of a person does not get treated timely, there are chances of unusual healing of bone, owing to which there has been growth in the bone repair material demand in the global market. These days, the development and applications of implants and therapeutic devices have widened, further boosting the growth of the biological bone repair materials market.
Bone is a natural complex living tissue that consists of a natural aspect in which calcium carrying inorganic aspect crystals are embedded. Bone comprises around 60% mineral, 30% matrix, and 10% water. Bone repair is a multi-disciplinary procedure that requires an osteoconductive matrix, osteogenic cells, mechanical balance, osteoinductive signalling, and vascularization.
Notably, the bone repair material serves its utility for different purposes such as bone stock augmentation, reconstructive purposes, and bone repair in clinical practice. The rise in awareness among the population with respect to the availability of bone grafts and substitutes has also compelled an upsurge in the growth of the global biological bone repair materials market.
In fact, about 2.2 million and more bone grafting processes are operated all over the world. The bone repair materials also differ in configuration, mechanical vitality and biological method of functioning, with their unique benefits and limitations.
In the past few years, the adoption and application of calcium phosphate (CaP) based bone substitute materials have increased expeditiously. Attributing to which, the global biological bone repair materials market is projected to a breakthrough in the coming years.
Moreover, a surging count of spinal fusion surgeries across the world and global acceptance of allografts are also majorly driving the growth of the global biological bone repair materials market.
Furthermore, the desk-bound and lethargic lifestyle of the population around the world has also harmed their physical fitness and consequentially weakened the bones, thus contributing to the growing orthopaedic surgeries worldwide, resultantly expected to advance further the growth of the global biological bone repair materials market during the forecast period.
R&I study identifies some of the key participating players in the biological bone repair materials market globally are Medtronic plc, NuVasive, Inc., Stryker Corporation, Zimmer Biomet Holdings, Orthofix International N.V., Anika Therapeutics, Inc., DePuy Synthes (Johnson and Johnson), Bioventus, Arthrex, Inc., SeaSpine Holdings Corporation, Sanofi-Aventis (Sanofi SA), DJO Global, Inc., Seikagaku Corporation, RTI Surgical, Inc., Heraeus Holding GmbH, Fidia Pharma USA Inc., TRB Chemedica International SA, Allosource, Musculoskeletal Transplant Foundation, Inc., Ito Co., Ltd., among others.
Reports & Insights Overview on Biological Bone Repair Materials Market Report
The non-identical approach of Reports & Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the biological bone repair materials market by Reports & Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyse the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Concerns for use of Biological Bone Repair Materials
Advantage of Biological Bone Repair Materials
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, its product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.