Market Revenue Bone Grafts And Substitutes Industry Revenue

Bone Grafts And Substitutes Industry Revenue, Chain Supply, Key
Market Driver Analysis Forecast 2024
“Bone Grafts and Substitutes market was valued at over USD 2.3 billion in
2015 and is anticipated to reach over USD 3.6 billion by 2024, with a CAGR of
5.2%. Global bone graft and substitute market is expected to grow rapidly due
to the increase in geriatric population.”
The global Bone Grafts and Substitutes Market was valued at over USD 2.3 billion in 2015 and is anticipated to
reach over USD 3.6 billion by 2024, with a CAGR of 5.2%. Global bone graft and substitute market is expected
to grow rapidly due to the increase in geriatric population, changes in technologies and launch of innovative
products. Furthermore, increase in number of accidents leading to fractures, weakness of bones and
reimbursement policy. The other factors driving the market growth are the increase in medical awareness,
taking as minimum risk as they can. Hence, leading to more patient satisfaction and decrease in mortality rate.
Bone graft and substitute is bioresorbable, osteoinductive (induction of host’s stem cells for proliferation),
osteogenesis (origination of new bone from live cells in host body), osteoconductive (inward movement of
mesenchymal cells that are involved in formation of bones) and cost effective.
On the basis of type of technology, Bone graft and substitute market is classified into Autograft, Allograft and
Bone graft substitutes. Autograft- Bone is harvested from within the host’s body. So, there is less risk of rejection
as it is from the patient’s body. But, there are some complications with it as additional post-operative
procedures are required in for taking out the cells or bones from the other part of the body. To overcome these
issues, the allograft method is used . Allograft consists of demineralized bone matrix, freeze dried bones and
fresh frozen bones. In allograft, the source is corpse and as it is easily available in different sizes and shapes and
also the risk to the patient is negligible. However, there are high chances of infection, and to mitigate these
risks, the sterilized method using freeze dried bones and fresh frozen bone is preferred.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/bone-grafts-and-substitutes-market/request-sample