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

Related News

New Jersey takes in $40.6 million in sports bets in July

Aug 15, 2018

ATLANTIC CITY, N.J. — Sports betting is off and running in New Jersey, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal. Those figures were part of a report that showed that Hard Rock debuted as Atlantic City's No. 3 casino in terms of gambling revenue out of the nine casinos in town. Ocean Resort came in last in its first full month of operation. New Jersey won a U.S. Supreme Court case in May clearing the way for all 50 states to offer sports betting if they...

Will Tiger Woods be chosen for Ryder Cup?

Aug 15, 2018

Tiger Woods is almost certain to be chosen to play in the Ryder Cup next month, and AP golf writer Doug Ferguson says it's likely Phil Mickelson will join him there as a captain pick. Ferguson told co-hosts Jim Litke and Tim Dahlberg on PodcastOne Sports Now that the wild crowds that greeted Woods at the PGA Championship reminded him of the Tiger of old — only louder. He said a lot of young golf fans who never saw Woods in his prime are now a part of a Tiger fan club that spans generations. AP racing writer Jenna Fryer...

Kirk has big early play, Cardinals beat Chargers 24-17

Aug 15, 2018

GLENDALE, Ariz. — The first time Christian Kirk returned a punt in college, he took it back for a touchdown. He almost did it again on his first touch in the NFL. "I was thinking to myself 'It's happening again,'" the speedy Arizona rookie said. Not quite. He slipped making a move, against the punter (a former college teammate) no less, but the 38-yard return set up a touchdown drive in the first-team offense's only series of the game, and the Cardinals beat the Los Angeles Chargers 24-17 in their preseason opener on Saturday night. Rookie Josh Rosen completed 6...

Cousins perfect in Minnesota debut, Vikings beat Broncos

Aug 15, 2018

DENVER — Kirk Cousins was perfect in his cameo, and then kicked back and watched two former Broncos quarterbacks tear apart their old teammates. Cousins completed all four of his passes in the Vikings' 42-28 exhibition victory Saturday night, including a 1-yard touchdown strike on a quick slant to Stefon Diggs . "I think it was a smooth first drive but it is a small sample size and the next couple of weeks will be a good test for us," Cousins said. Diggs called it a good first step. "He's a good quarterback," Diggs said. "He makes some great throws."...

Young receivers impress in first game with Steelers

Aug 15, 2018

LATROBE, Pa. — Damoun Patterson knows a strong performance in his first preseason game won't be enough to guarantee his future with the Pittsburgh Steelers. The rookie wide receiver feels he must continually prove himself to the coaching staff and his teammates — and he's not the only young receiver who faces that challenge during training camp. "I came in as a tryout guy, so I never knew what to expect," Patterson said. "I think it's all about attacking the game and staying hungry." James Washington, the Steelers' second-round pick, has also been forced to prove his worth. Washington, who...

Broaden News

Replay Wall delivers the most accurate sports news to you with experts’ voice. We aim to bring every sports fan together here even if you’ve missed the game.

Contact us: sales@replaywall.com

Bowl Championship Series Professional Football Arena Football CFL Football NFL Football Youth Football Press Releases Broaden News