According to FutureWise analysis the market for bone graft substitutes in 2023 is US$ 3.8 billion, and is expected to reach US$ 6.25 billion by 2031 at a CAGR of 6.40%.
Bone is a flexible organ with exceptional regeneration abilities. However, healthy bones need osteoblasts, osteoclasts, and osteocytes, as well as appropriate vascularity, stability, growth hormones, and a growth matrix. However, there are many circumstances where one or more of these requirements are not met, necessitating surgeons' aid in promoting bone healing. Bone grafting is frequently utilized to create an osteoconductive, osteoinductive, and/or osteogenic environment to encourage bone healing and repair when the process of bone repair needs additional support.
Bone flaws are a growing clinical issue in orthopedic and trauma surgery on a regular basis. These are brought on by tumors and bone infections, which typically call for surgical removal and subsequent skeletal repair. Additionally, bone deficiencies commonly accompany fractures following high-energy trauma and osteoporotic fractures, necessitating operations for bone augmentation. The main cause of a predicted rise in bone abnormalities is osteoporotic fractures. Autografts, allografts, and biomaterial-based bone graft substitutes using ceramics, synthetic polymers, or natural polymers can all be used for bone defect restoration. Along with being osteogenic, autografts can also be osteoconductive and osteoinductive. However, limitations in supply, morbidity at the donor site, and longer recovery times are challenges with using autologous bone grafts.
FutureWise Market Research has published a report that provides an insightful analysis of bone graft substitutes market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the bone graft substitutes market is estimated to register a considerable growth rate over the forecast period. this report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.