BONE GRAFT SUBSTITUTES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Bone Graft Substitutes Market - Overview Bone grafting is a surgical procedures which includes replacement of missing bone. Different types of bone grafts such as autologous bone graft, allograft, and synthetic bone graft are used in bone grafting procedures. Increasing adoption of bone graft substitutes such as ceramics, polymers, bioactive glass, and others are expected to drive the market growth over the forecast period. Technological advancements in implementation of human growth factors into bone grafts that has osteoconductive and osteoinductive properties such as demineralized bone matrix, bone morphogenetic proteins, and platelet rich plasma (PRP), are expected to offer growth opportunities for market players to establish a strong position in the global bone graft and substitutes market over the forecast period. Researchers are focused on developing innovative bone grafts for treating bone related disorders. For instance, in 2015, scientists at the Texas A&M University, developed a new synthetic material- a biodegradable scaffold to fill the gaps for new bone growth to advance grafting treatments required by the people for treating bone defects and bone cancers. Furthermore, key players are focused on strategies such as acquisitions is expected to drive the global bone graft and substitutes market growth over the forecast period. For instance, Kuros Biosciences acquired Xpand Biotechnology in 2016, as a share swapping deal, wherein Kuros used Xpand’s granular formulation ‘MagnetOs’, in order to prepare novel dental bone grafts. Browse Research Reports: https://www.coherentmarketinsights.com/ongoing-insight/bonegraft-substitutes-market-427 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Bone Graft and Substitutes Market- Regional Analysis Regional segmentation of the global bone graft and substitutes market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global bone graft and substitutes market over the forecast period, owing to factors such as advancements in the field of bone grafting technology and bone graft and substitutes by the key players in the region. For instance, the U.S-based Artoss, Inc. incorporated nano-biology and nanotechnology while manufacturing artificial bone grafts. The company launched NanoBone granules in 2015, followed by NanoBone SFX putty in 2016. Moreover, Thermo Fisher Scientific Inc., EverlyWell, Inc., Lactation Lab, and OmegaQuant, LLC are some of the U.S.-based companies that offer various types of bone graft and substitutes market in the region. Moreover, Europe is expected to witness significant growth in the global bone graft and substitutes market over the forecast period, owing to rising number of implant procedures performed in the European countries that are expected to drive demand for bone graft and substitutes in Europe. For instance, according to Meddevicetracker, over 56,000 shoulder arthroplasty surgeries were performed in Europe in 2015. New generation implants such as bone grafts have demonstrated improved clinical outcomes thereby reducing the complications. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/427 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Developments In March 2019, Bioventus, launched OSTEOAMP SELECT Fiber, allograft substitutes for the bone injury of spine, foot & ankle etc. OSTEOAMP SELECT Fibers are designed in such a way that they retain the necessary growth factors that supports the bone and they also provide channel for cell migration. During the trauma, the bones may break and may form a void. Thus to fuse such bones OSTEOAMP SELECT Fibers can be used. In February 2019, Medtronic launched Grafton, which is a Demineralized Bone Matrix (DBM) and is used for bones of spine and can be used for orthopedic procedures. Grafton, has high osteoinductivity, a crucial factor for bone fusion. This product is used as bone graft extender, substitute, and for filling the voids of the skeletal system. In 2018, Baxter International Inc., received U.S. Food and Drug Administration (U.S. FDA) approval for the Actifuse Flow which is a bone graft substitute, which can be used in orthopedic operative procedures. The product offers faster bone growth in the packaged delivery injection for the insertion of the graft substitute precisely into small bony voids or gaps in the affected bones. In 2017, NovaBone Products Pvt Ltd., launched two products, NovaBone IRM and the IRM MacroPOR to its collection for bone graft substitutes. The two new products promote osteoblastic and osteogenesis activity wherever they are used as bone graft substitutes.
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