The Growing Demands On Bone Grafts Market Globally And Its Exceptional Growth In Grafting Market
Changing aspects of bone grafts market
The market for bone grafts is ever growing due to the facts-
• Increased cases of bone and joint disorders
• Development in the department of synthetic bone grafts
• Demand for bone and dental grafts
• Technological advancements are bolstering the global bone grafts market.
Though, expensive surgery cost and ethical issues related to use of bone grafts from animals or other religious beliefs are creating hindrance in the global bone grafts market growth.
Also, rejection from the bone graft is a major setback in the growth of bone grafts market.
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Market summary:
The market players for bone grafts is growing at a steady rate with companies focusing on mergers, product innovations, collaborations and partnerships. With increasing bone and joint disorders with growing older population is the main boost for the market growth. With larger market players funding the smaller businesses to increase their market share. Australian Therapeutic Goods Administration cleared RTI surgical for nanoss bioactive bone void filler in 2016.
Regional analysis:
North America holds the strongest the position in the global bone grafts market owing to raise healthcare expending, developing healthcare infrastructure, and increased geriatric population.
Europe market is growing due to increased bone diseases and encouraging regulatory activities showing substantial rate. Developing countries such as India and China is making their way in the market for bone grafts with growing infrastructure for healthcare.
In the Middle East and Africa region, with large patient pool, South Africa is considered as the largest market.
Some of the global bone grafts market players include
• Olympus Corporation (Olympus Biotech Corporation) (Japan)
• Wright Meadical Group N.V. (BioMimetic Therapeutics) (U.K.)
• Johnson & Johnson Services, Inc. (DePuy Synthes) (U.S.)
• Stryker Corporation (U.S.)
• Regeneration Technologies, Inc.(U.S)
• NuVasive, Inc. (U.S.)
• NovaBone Products (U.S)
• Medtronic.(U.S.)
• Zimmer, Inc. (U.S.)
• LifeNet Health, Inc. (U.S.)
Notable market development:
Dentsply international, Inc. and Sirona Dental systems, Inc. merged together in 2016 to form Dentsply Sirona International.
The global bone grafts market is divided into following categories-
By material
• Natural
o Autografts
o Allografts
• Synthetic
o Ceramic
o Composite
o Polymer
o Bone Morphogenetic Proteins
By application
• Craniomaxillofacial
• Dental
• Foot and Ankle
• Joint Reconstruction
• Long Bone Spinal Fusion
By end-users
• Hospitals
• Ambulatory Surgical Centers
• Dental Clinics
By geographical regions
• North America
• Latin America
• Europe
• Asia-Pacific
• The Middle East & Africa
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