Global Spinal Machined Bone Allograft Market, By Product Type (Gel, Putty, Putty with Chips), End-Users (Spine Surgery, Trauma Surgery) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Bone allografts are widely being used as implantable materials that offer bone formation, bone healing and osseous reconstruction owing to the osteogenic, osteoinductive and osteoconductive, properties. They are utilized in trauma, facial, spinal, sports, and spinal surgeries.
Global Spinal Machined Bone Allograft Market is expected to grow at a healthy rate of 5.60% during the forecast period of 2022-2029. “Trauma Surgery” accounts for the most prominent end user segment in the respective market owing to the rise in the number of trauma cases. The market report curated by DBMR research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Spinal machined bone allograft refers to the type of allograft that is customized to precise dimensions for filling the gap between two bones. Demineralized bone matrix (DBM) is defined as allogeneic bone that is pulverized and decalcified with the use of hydrochloric acid.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Gel, Putty, Putty with Chips), End-Users (Spine Surgery, Trauma Surgery)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Medtronic (Ireland), Zimmer Biomet (US), Stryker (US), SeaSpine (US), Institut Straumann AG (Switzerland), XTANT MEDICAL (US), Wright Medical Group N.V. (US), RTI Surgical Holdings, Inc. (US), Arthrex, Inc (US), Orthofix (US), Musculoskeletal Transplant Foundation (US), Integra LifeSciences (US), AlloSource (US), among others
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Market Opportunities
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Spinal Machined Bone Allograft Market Dynamics
Drivers
- Increase in Hip Fracture
The increase in the number of hip fracture acts as one of the major factors driving the growth of spinal machined bone allograft market. The rise in the incidence rate is estimated to grow by 240% in women and 310% in men.
- Prevalence of Osteoporosis
The rise in prevalence of osteoporosis among female population accelerate the market growth. The disease has affected around 200 million women worldwide.
- Technological Advancements
The increase in development of biocompatible synthetic bone grafts, along with technological advancements in medical field leading to a shift from autograft to allograft further influence the market growth.
Opportunities
Furthermore, demand for developing biocompatible bone allograft extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, research to optimize and expand the applications will assist in the expansion of the market.
Restraints/Challenges
- Risk of Infections
On the other hand, high growth associated with the spinal machined bone allograft is expected to obstruct market growth. Also, risk of infections is projected to challenge the spinal machined bone allograft market in the forecast period of 2022-2029.
This spinal machined bone allograft market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on spinal machined bone allograft market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Spinal Machined Bone Allograft Market
COVID-19 had a negative impact on the healthcare sector. Major Key players adapted innovative strategies to the rapidly changing situation during the outbreak of the COVID-19. Countries took critical healthcare changes until the crisis took a back seat. Healthcare reforms are expected to witness cost containment, increased access and technological progress in the coming years. . The implementation of social distancing, lockdown of the population and limited access to clinics greatly affected the market. The slow-down in patient flow and referrals, and decline in trauma and workplace injuries also impacted the market growth. However, market will resume its growth in the post-pandemic due to the easing in restrictions that were imposed earlier.
Global Spinal Machined Bone Allograft Market Scope and Market Size
The spinal machined bone allograft market is segmented on the basis of product type and end-users. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Gel
- Putty
- Putty With Chips
Based on product type, the spinal machined bone allograft market is segmented into gel, putty and putty with chips.
End- Users
- Spine Surgery
- Trauma Surgery
On the basis of end- users, the spinal machined bone allograft market is divided into spine surgery and trauma surgery.
Spinal Machined Bone Allograft Market Regional Analysis/Insights
The spinal machined bone allograft market is analysed and market size insights and trends are provided by country, product type and end-users as referenced above.
The countries covered in the spinal machined bone allograft market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the spinal machined bone allograft market because of the accessibility of a well-developed healthcare structure within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising medical tourism and favorable government initiatives in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The spinal machined bone allograft market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for spinal machined bone allograft market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the spinal machined bone allograft market. The data is available for historic period 2010-2020.
Competitive Landscape and Spinal Machined Bone Allograft Market Share Analysis
The spinal machined bone allograft market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to spinal machined bone allograft market.
Some of the major players operating in the spinal machined bone allograft market are
- Medtronic (Ireland)
- Zimmer Biomet (US)
- Stryker (US)
- SeaSpine (US)
- Institut Straumann AG (Switzerland)
- XTANT MEDICAL (US)
- Wright Medical Group N.V. (US)
- RTI Surgical Holdings, Inc. (US)
- Arthrex, Inc (US)
- Orthofix (US)
- Musculoskeletal Transplant Foundation (US)
- Integra LifeSciences (US)
- AlloSource (US)
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