Bone replacement has been practiced for hundreds of years using a variety of materials of natural source. Today, several different bone substitutes are utilized. They may be either derived from living tissues like bone marrow, animal bones or cadavers, or from synthetic materials like synthetic polysaccharides, polylactic acid or other hyaluronic acid derivatives. It is noteworthy that not all artificial substitutes perform as well as their originating tissue.
The global bone replacement products market was valued at US$ 31.7 billion in 2016 and is expected to witness a robust CAGR of 4.4% over the forecast period (2017 – 2025).
Recent Developments:
Major players operating in the global bone replacement products market are focused on launching new products to expand their product portfolio. For instance, in 2014, Cayenne Medical launched the Mirror Partial Knee System, the only knee replacement system that uses the patient’s natural knee motion during the surgical procedure.
Drivers:
High prevalence of musculoskeletal diseases is expected to propel growth of the global bone replacement products market over the forecast period. For instance, according to the Study, ‘Prevalence of Musculoskeletal Injuries, Pain, and Illnesses in Elite Female Basketball Players, in Europe, in June 2019, the most frequently injured body parts were lower limbs: more than 60%, representing an injury rate of 0.14 per athletes and a 0.2 pain rate per athlete (during the study period).
Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
Market Trends:
North America is expected to witness significant growth in the global bone replacement products market, owing to the government initiatives to improve quality of life and reduce burden of people with musculoskeletal conditions. For instance, in 2014, the United States Bone and Joint Initiative (USBJI), an international collaborative movement sanctioned by the United Nations/World Health Organization, which helps increase awareness about the bone and joint health and disease prevention.
Europe is expected to witness significant growth in the global bone replacement products market, owing to increasing number of hip procedures in the region. For instance, according to the European Commission, 2015, around 800,000 hip procedures were carried out every year in Europe, costing around US$ 1.5 billion. Furthermore, an estimated 20% of implants fail within 20 years, requiring corrective surgery costing an additional EUR 2.3 billion a year.
Restraints
The adoption of conservative medical therapies and non-operative methods such as anti-inflammatory medications for the treatment of musculoskeletal conditions has increased, which is expected to limit growth of the global bone replacement products market.
Competitive Landscape
Major players operating in the global bone replacement products market include, B. Braun Melsungen AG, Depuy Synthes, Exactech, Inc., Japan Medical Dynamic Marketing, Inc., JRI Orthopedics, Medtronic Plc., Mathys, Stryker Corporation, Smith & Nephew Plc, United Orthopedic Corporation, and Zimmer Biomet Holdings, Inc.
Key Developments
Major players operating in the global bone replacement products market are focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in 2017, DePuy Synthes collaborated with JointPoint, Inc. for co-marketing of JointPoint’s software, providing non-invasive computer navigation while performing hip replacement surgery, thereby reducing the chances of leg length discrepancy and problems related to misplacement of implant.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Material
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Impact Analysis
- Regulatory Scenario
- Reimbursement Scenario
- Pricing Analysis
- Recent Launches
- Future Prospects
- Product Evolution
- Bio Prospects of Bone Related Products
- Epidemiology
- PEST Analysis
- Market Dynamics
- Global Bone Replacement Products Market, By Product Type, 2017–2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017–2025
- Segment Trends
- Hip Replacement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Segment Trends
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Femoral Components
- Acetabular Components
- Knee Replacement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Segment Trends
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Segment Trends
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Upper Extremity
- Lower Extremity
- Spine Replacement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Introduction
- Global Bone Replacement Products Market, By Material, 2017–2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017–2025
- Segment Trends
- Metals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Ceramics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Combination of Materials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Introduction
- Global Bone Replacement Products Market, By End User, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017–2025
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Orthopedic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
- Introduction
- Global Bone Replacement Products Market, By Region, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2025
- North America
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
- Market Size and Forecast, By Material, 2017–2025, (US$ Million)
- Market Size and Forecast, By End User, 2017–2025, (US$ Million)
- Market Size and Forecast, By Country, 2017–2025, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3×3 Matrix)
- Company Profiles
- Zimmer Biomet Holdings, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- B. Braun Melsungen AG
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Stryker Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Smith & Nephew Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- United Orthopedic Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Depuy Synthes
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Japan Medical Dynamic Marketing, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- JRI Orthopedics
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Exactech, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Zimmer Biomet Holdings, Inc.*
- Mathys
-
-
-
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
-
-
- Medtronic Plc.
-
-
-
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
-
- Analyst Views
-
- Section
- References
- Research Methodology
- About us and Sales Contact
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Contact Us:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837