Bone Regeneration Material Market
Bone Regeneration Material Market Size, Share, and Trends Analysis Report, By Product Type (Ceramic-Based, Polymer-Based, Growth Factor-Based, Cell-Based, and Others), By Application (Orthopedic Surgery, Bone Trauma, Dental Surgery, and Others), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Bone regeneration material market is anticipated to grow at a CAGR of 3.0% during the forecast period. The market is significantly driven by some emerging trends which include the surging number of orthopedic surgeries owing to the rising geriatric population and increasing demand for various synthetic bone grafts that are pioneering substitutes for real bones. According to the American Academy of Orthopaedic Surgeons (AAOS), it is projected that 3 million total knee arthroplasties would be performed by 2030 in the US alone. Moreover, spinal surgeries are becoming increasingly popular, and approximately 432,000 spinal fusions are performed in the US every year. Bone grafts and substitutes are extensively used for surgeries. With the rising number of orthopedic surgeries, the demand for bone regeneration material is expected to increase during the forecast period.
Moreover, the increasing adoption of minimally invasive surgeries (MIS) is further increasing the demand for bone grafts and substitutes. The technological advancement of synthetic bone grafts is propelling the demand for bone grafts and substitutes. An increasing initiative by prominent market players, collaborations, and new product approvals are also boosting the revenue for the market players. For instance, in May 2022, Biocomposites entered into a multi-year agreement with Zimmer Biomet to exclusively distribute Genex Bone Graft Substitute with its new mixing system and delivery options in the US orthopedic market. Similarly, in 2019, a US-based developer of advanced osteobiologic products, Biogennix LLC, received approval from US Food and Drug Administration for its brand-new product, Agilon. The new product is a new bone graft material that is collagen-enhanced.
Segmental Outlook
The global bone regeneration material market is segmented based on product type and application. Based on type, the market is segmented into ceramic-based, polymer-based, growth factor-based, cell-based, and others. Among these, the ceramic-based bone regeneration material segment is expected to hold the highest share in the market during the forecast period. HA/TCP is a suitable ceramic material for manufacturing bone-grafting materials using 3D printing. It is known to exhibit excellent biocompatibility, biodegradation, osteoconductivity, and osteoinductivity. The adoption of HA/TCP ceramic material for bone grafting is expected to drive segment growth during the forecast period.
Based on application, the market is segmented into orthopedic surgery, bone trauma, dental surgery, and others. Among these, the orthopedic surgery segment is expected to gain a high share in the market owing to the increasing application of bone regeneration material for orthopedic surgeries. The increasing number of orthopedic surgery procedures owing to the increasing geriatric population led to the high demand for bone regeneration material, thereby driving the segment growth.
Regional Outlook
Geographically, the global bone regeneration material market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Among these, North America accounted for a significant share of the bone regeneration material market during the forecast period. High adoption of new and innovative products and the growing number of inpatient surgeries are the major factors driving the market growth. Apart from these, the increasing geriatric population and R&D in the field of tissue engineering are other factors boosting the market growth.
Global Bone Regeneration Material Market Growth, By Region 2022-2028
Asia-Pacific Emerge as a Fastest Growing Region in the Global Bone Regeneration Material Market
Geographically, the Asia-Pacific region is expected to emerge as the fastest-growing region during the forecast period. The market in the Asia-Pacific region is driven by the increase in the geriatric population and the adoption of new technology. The United Nations (UN) projects that there will be 366 million older Chinese adults by 2050, which is substantially larger than the current total US population (331 million). Owing to the increasing geriatric population, there is a considerable chance of increasing orthopedic surgeries which in turn will create high scope for bone regeneration material. Moreover, increased medical tourism and government initiatives are further boosting market growth.
Market Players Outlook
The major players operating in the global bone regeneration material market include Stryker Corp., Johnson & Johnson Services, Inc., and SigmaGraft Biomaterials, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in October 2019, Zimmer Biomet launched the Stratum Foot Plating System, a plate and screws construct indicated for the fixation of fractures, osteotomies, non-unions, malunions, and fusions of small bones and small bone segments, particularly in osteopenic bone. The Stratum Foot Plating System is the next generation of anatomic locking plates designed to optimize ease of use and reduce operation time.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bone regeneration material market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Bone Regeneration Material Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Bone Regeneration Material Market by Product Type
4.1.1. Ceramic-based
4.1.2. Polymer-based
4.1.3. Growth factor-based
4.1.4. Cell-based
4.1.5. Others
4.2. Global Bone Regeneration Material Market by Application
4.2.1. Orthopedic Surgery
4.2.2. Bone Trauma
4.2.3. Dental Surgery
4.2.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. B&B Dental LLC & S/O Media Group
6.2. BioComp Instruments
6.3. Citagenix Inc.
6.4. Ethoss Regeneration Ltd.
6.5. J Morita USA
6.6. Kerr Corp.
6.7. LASAK s.r.o
6.8. NovaBone Products, LLC
6.9. Septodont
6.10. Sigma Graft Inc.
6.11. Straumann
6.12. Stryker Corp.
6.13. Sunstar Americas, Inc.
6.14. Surgical Esthetics
6.15. Zimmer Biomet Holdings Inc.
1. GLOBAL BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL CERAMIC-BASED BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL POLYMER-BASED BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL GROWTH FACTOR-BASED BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CELL-BASED BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHER BONE REGENERATION MATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL BONE REGENERATION MATERIAL FOR ORTHOPEDIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BONE REGENERATION MATERIAL FOR BONE TRAUMA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL BONE REGENERATION MATERIAL FOR DENTAL SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL BONE REGENERATION MATERIAL FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. EUROPEAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. REST OF THE WORLD BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD BONE REGENERATION MATERIAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL BONE REGENERATION MATERIAL MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
2. GLOBAL BONE REGENERATION MATERIAL MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
3. GLOBAL BONE REGENERATION MATERIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CERAMIC-BASED BONE REGENERATION MATERIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL POLYMER-BASED BONE REGENERATION MATERIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL GROWTH FACTOR-BASED BONE REGENERATION MATERIAL SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL CELL-BASED BONE REGENERATION MATERIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL OTHER BONE REGENERATION MATERIALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL BONE REGENERATION MATERIAL FOR ORTHOPEDIC SURGERY MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL BONE REGENERATION MATERIAL FOR BONE TRAUMA MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL BONE REGENERATION MATERIAL FOR DENTAL SURGERY MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL BONE REGENERATION MATERIAL FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
15. UK BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD BONE REGENERATION MATERIAL MARKET SIZE, 2021-2028 ($ MILLION)
