Market Synopsis:
Market Research Future (MRFR)’s latest study reveals that the
global Dental Bone Graft
Substitutes Market Report is expected to reach at 9.1% CAGR over the
estimated 2023-2032. The increasing prevalence of diseases related to bones has
intensified the demand for bone graft substitutes. Additionally, the rising
awareness about the developments in bone graft substitutes coupled with
rising healthcare expenditure is likely to augment the market size and revenue
over the next couple of years.
The painful procedure related to autografts have paved the way for
developments in the Dental
Bone Graft Substitutes Market. Hence, the demand for
alternatives such as allografts, xenografts, and synthetic bone grafts has been
on the rise. It is projected to aid the proliferation of the market in the
forthcoming years by accelerating its adoption.
Regional Insights:
By region, the global dental bone graft substitutes market overview has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas accounted for the largest share of the global market in 2016. It is expected to retain a significant share of the market by the end of 2027 striking a CAGR of 6.1%. The growth is attributable to the technological advancements in health care, the presence of key players, etc. The developed healthcare sector of the U.S. is poised to be one of the primary revenue generators in the regional bone graft substitutes market.
Europe is the second largest market for bone graft substitutes. It is estimated to thrive at 6.76% CAGR owing to increasing awareness about bone graft substitutes and rising healthcare expenditure. Meanwhile, Asia Pacific is set to register a relatively higher CAGR of 6.85% during the forecast period. The presence of fast-developing economies such as China and India are immensely supporting the growth of the bone graft substitutes market in the region. The trend is likely to perpetuate over the next couple of years.
The Middle East & Africa is expected to exhibit steady growth due to the developments in the healthcare sector in Gulf nations. However, the poor socio-economic situation in African regions remains an impediment to the market growth.
Competitive Dashboard:
Sone of the key Dental Bone Graft Substitutes Market players profiled in the report includes
·
ACE Surgical Supply Company, Inc.,
·
Dentium Co., Ltd.,
·
BioHorizons IPH, Inc.,
·
Dentsply Sirona,
·
Medtronic plc,
·
Stryker Corporation,
·
Zimmer Biomet, and
·
Institut Straumann AG.
Market Segmentation:
·
By type, the global bone graft substitutes
market is segmented into autograft, demineralized bone matrix, synthetic bone
grafts, bone morphogenetic protein, and others.
·
By application, the bone
graft substitutes market has been segmented into spinal fusion, joint
reconstruction, long bone, dental, foot & ankle, and others.
The growth of the bone graft substitutes market is guided by the
factors such as increasing orthopedic problems, exponential geriatric
population, and rising demand for reconstructive orthopedic treatments. The
adoption of bone graft substitutes in the oral healthcare sector is another
factor responsible for catalysing the growth of the bone graft substitutes
market through the assessment period.
The dental
bone graft membrane market is poised to remain highly
lucrative in the foreseeable future. However, risks associated with disease
transmission in allografts and xenograft as well as graft rejection, improper
fixation, etc. are prognosticated to restrict the market expansion over the
forecast period.
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