Augmented Bone Graft Market will witness the highest growth rate of 7.8% during 2017-2023

Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Augmented Bone Graft Market Research Report- Global Forecast till 2023” Gives industry size, top players and worldwide demand

Pune, India - August 10, 2018 /MarketersMedia/ —

Market Scenario

Augmented Bone Grafts are gaining prominence in the bone graft market. The increasing incidence of musculoskeletal conditions and technological advancements in medical devices leading to shift from autograft to allograft procedures are some factors responsible for the growth of the global augmented bone grafts market.

Augment Bone Graft is a combination drug/device product used for repairing the bone and reviving its regenerative properties. It is used as an alternative to autograft in arthrodesis of the ankle or hindfoot indicating the need for supplemental graft material. The use of augment bone graft eliminates the need for a second surgery to harvest autologous bone, thereby avoiding donor site morbidity. According to the National Health Interview Survey, in 2012, around 126 million adults were affected by this disease in the U.S. According to the Labor Force Survey (LFS), about 553,000 cases were registered for all work-related musculoskeletal disorder out of the total of 1,243,000 cases.

Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/4961

Allografts and bovine-derived bone graft products dominate the augmented bone graft market. These materials have variations in particle size which is their main drawback. The recent technological trend is to replace these natural materials with alloplastic bone grafts such as ceramics and polymers as they can be manufactured to the precise size and characteristics.

According to the British Editorial Society of Bone & Joint Surgery, bone is the second most common transplanted tissue after blood with an estimated 2.2 million grafting procedures worldwide annually as recorded in 2015. This development has been fuelled by the increasing cases of fractures and accidents around the world. There has been increasing acceptance of bone grafting procedures which drives the market for augmented bone graft products. Many healthcare professionals have started using these bone grafts, especially in tertiary care centers and specialty hospitals which may promote and increase the demand for augmented bone graft. These bone graft works in a unique way to stimulate three key processes of early bone healing.

Various other factors such as, increasing advancement in technology, and rising adoption rate of new technology continuously contribute to the growth of this market. Despite these developments, high cost of surgeries and ethical issues related with bone grafting procedures may hamper the growth of the market. For instance, a study conducted by BMC Medical Ethics states that in a sample of 100 patients, about 20% of the patients refuse to accept allografts for their grafting surgery.

Additionally, stringent regulations obstruct the growth of bone grafts market and inadequate reimbursement policies for bone grafting also hampers the growth of global bone grafts market. Rapid product launches and increasing mergers and acquisitions between bone graft systems manufacturing companies are some of the major trends in the global bone grafts market.

The Global market of Augmented Bone Graft is expected to grow at a CAGR of approximately 7.8% during the forecast period 2017-2023.

The Augmented Bone Graft is segmented on the basis of products, application, and end-users.

On the basis of product, the market is segmented into the Allografts, Bone Grafts Substitutes, and Cell-based Matrices. The Allografts segment is further sub divided into Machined Allografts and Demineralized Bone Matrix. The Bone Grafts Substitutes is also sub categorized as Bone Morphogenic Proteins (BMP) and Synthetic Bone Grafts.

On the basis of application, the market is segmented into the Craniomaxillofacial, Dental, Foot & Ankle, Joint Reconstruction, Long Bone, and Spinal Fusion

On the basis of end-user, the market is segmented into hospitals, clinics, ambulatory surgical centers and others.

Regional Analysis

The Global Augmented Bone Graft Market consists of countries namely America, Europe, Asia Pacific, and the Middle East.

North America dominated the global augmented bone graft market owing to the increasing healthcare expenditure in North America since 2016. Canadian healthcare specifically was stressed by an advancing demographic move. The increase of insurance coverage because of health care reform (Affordable Care Act) in the United States additionally prompted an expansion in health care spending. In 2016, healthcare organizations found liberation from a special tax on medical devices (Medical Device Excise Tax). The United States Congress put off the tax for a long two years in 2015.

For Europe, the healthcare spending has expanded slightly in Germany. Neverthelss, the orthopedic biologics market including the bone graft substitute market has been determined by solid strong competition and price pressure. While volume of sales and the scope of new treatment techniques are on the ascent, net revenues in the German market are declining. Western Europe continues to see a need to save money on healthcare because of a slight drop in financial growth and obstinate economic pressure.

Furthermore in the Middle East & Africa the spending for healthcare was also increased. This was essentially because of elections in a few nations, (for example, Ghana, Niger, Uganda, Zambia and Somalia), healthcare growth and population growth. Awareness for medicinal technology likewise expanded extraordinarily. Due to of low local production, the region is dependent on imported medicinal products. The import standard in numerous nations is 80% to 90%.

Apply for Exclusive Discount @ https://www.marketresearchfuture.com/check-discount/4961

Key Players

Many new companies have jumped into the market in order to make the most out of the opportunities. Companies are implementing the strategies of mergers and acquisitions with other players. For example, the Stryker Corporation, in order to enhance its business, acquired companies such as Novadaq Technologies Inc. in 2017, Stanmore Implants Worldwide Limited, Physio-Control International Inc, & Vertebral compression fracture portfolio from BD in 2016; and some other companies in the recent past.

Some of key the players in the Global Augmented Bone Graft Market are Zimmer Holdings, Inc., BioMimetic Therapeutics LLC, Wright Medical Technology, Inc., Stryker Corporation, Smith & Nephew Plc, RTI Surgical, Inc., Olympus Biotech Corporation, NuVasive, Inc., NovaBone Products LLC, Medtronic, Inc., LifeNet Health, Inc., Integra LifeSciences Holdings Corporation, Exactech, Inc., DePuy Spine, Inc., Synthes Inc., DePuy Synthes Companies, Biomet, Inc. and AlloSource.

Detailed Table of Contents:

1 Report Prologue

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

...Continued

Send An Enquiry @ https://www.marketresearchfuture.com/enquiry/4961

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Market Research Future
Email: sales@marketresearchfuture.com
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India
Phone: +1 646 845 9312

Source URL: https://marketersmedia.com/augmented-bone-graft-market-will-witness-the-highest-growth-rate-of-7-8-during-2017-2023/392000

For more information, please visit https://www.marketresearchfuture.com

Source: MarketersMedia

Release ID: 392000

Latest News

Harrison Ford knocks Trump, others who 'denigrate science'

Feb 19, 2019

DUBAI, United Arab Emirates — Harrison Ford offered an emphatic plea on Tuesday for protecting the world's oceans, calling out President Donald Trump and others who "deny or denigrate science." The 76-year-old actor, best known for his roles in "Star Wars" and "Indiana Jones," stressed the importance of acknowledging the effects of climate change on the world in a speech on the closing day of the World Government Summit in Dubai. Though never saying Trump's name, he clearly targeted the American president within the opening moments of his remarks. "Around the world, elements of leadership — including in my own...

Yechiel Eckstein, rabbi who built ties with Christians, dies

Feb 19, 2019

JERUSALEM — Yechiel Eckstein, an Israeli-American rabbi who raised hundreds of millions of dollars for Israel by promoting closer ties with evangelical Christians around the world, died on Wednesday. The International Fellowship of Christians and Jews, the charity he founded over 35 years ago, said Eckstein, 67, died at his home in Jerusalem. Local media said he died of heart failure. The U.S.-born Eckstein founded the fellowship in 1983, befriending evangelical leaders in the U.S. and building support for Israel. Eckstein said his decades of efforts helped make support for Israel a top priority in the evangelical world. "After 2,000...

Slain Iraqi novelist criticized foreign meddling, militias

Feb 19, 2019

BAGHDAD — Iraqi novelist Alaa Mashzoub was a secular civil society activist who used his bike to get around Karbala's infamous traffic and road closures. He was also an outspoken critic of foreign interference in Iraq and political meddling by powerful Iran-backed militias. On Saturday, Mashzoub was gunned down in the Shiite holy city by unknown assailants who silenced him with 13 bullets as he rode his bicycle home for the last time. Mashzoub's killing was the latest in a spate of assassinations targeting prominent figures in Iraq, including several activists linked to the protest movement in the southern city...

Torture still scars Iranians 40 years after revolution

Feb 19, 2019

TEHRAN, Iran — The halls of the former prison in the heart of Iran's capital now are hushed, befitting the sounds of the museum that it has become. Wax mannequins silently portray the horrific acts of torture that once were carried out within its walls. But the surviving inmates still remember the screams. Exhibits in the former Anti-Sabotage Joint Committee Prison that was run under Shah Mohammad Reza Pahlavi include a frightened man trapped in a small metal cage as a cigarette-smoking interrogator shouts above him. In a circular courtyard, a snarling interrogator is depicted forcing a prisoner's head under...

Iran begins marking 40th anniversary of Islamic Revolution

Feb 19, 2019

TEHRAN, Iran — Iran on Friday began celebrations to mark the 40th anniversary of the 1979 Islamic Revolution that toppled the U.S.-backed shah, overturned 2,500 years of monarchical rule and brought hard-line Shiite clerics to power. The climactic events that year — from revolutionaries in the streets of Tehran to blindfolded American hostages in the U.S. Embassy hostage crisis months later — not only changed Iran's history but also helped shape today's Middle East. The festivities start every year on Feb. 1 — the day Ayatollah Ruhollah Khomeini returned home from France after 14 years in exile, to become the...

Search for something?

Sign up now!

In Hip N Trendy, we constantly discover and share the best products in the market to make sure that you know what’s new. It’s always FUN to talk with people who have the same interests as us, don’t you agree?

Contact us: sales[at]hipntrendy.com