The bone void fillers market size is predicted to reach USD 4.98 billion by 2029 and exhibit a CAGR of 6.2% during the projected period. Fortune Business InsightsTM has presented this information in its report titled, “Bone Void Fillers Market, 2022-2029”. The market stood at USD 2.88 billion in 2021 and USD 3.27 billion in 2022.
Industry Developments
January 2022: BONESUPPORT AB announced a distribution agreement with OrthoPediatrics Corp. to distribute CERAMENT BONE VOID FILLER (BVF) to pediatric hospitals within the U.S.
Request a Free Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/bone-void-fillers-market-101015
Report Scope & Segmentation
- Forecast Period: 2022 to 2029
- Forecast Period 2022 to 2029 CAGR: 6.2%
- Market Size in 2021: USD 2.88 Billion
- 2029 Value Projection: USD 4.98 Billion
Drivers & Restraints-
Market Growth Will be Driven by Increase in Bone Diseases and Other Related Incidents
The rising prevalence of bone-related diseases such as bone tumors and osteomyelitis is propelling the market forward. In addition, other types of bone lesions, trauma, and bone fractures necessitate the use of bone void fillers. Based on data provided by the American Cancer Society Inc. American Cancer Society is predicting 3,910 primary bone cancer diagnoses in 2022, which is expected to fuel the market for bone void fillers over the forecast period. However, the growing clinical limitations and under penetration of bone void filling material led to a reduction in their adoption this factor may limit the bone void fillers market growth.
Quick Buy – Bone Void Fillers Market
https://www.fortunebusinessinsights.com/checkout-page/101015
Regional Insights-
North America to Account for the Largest Market Share
North America dominated the bone void fillers market share in 2021, with a revenue of USD 1.35 billion, and is expected to maintain its dominance over the forecast period. The rapid adoption of synthetic void fillers involving various material types, such as tricalcium phosphate and calcium sulfate, and the increased launch of advanced products by market players, are expected to drive the market growth in the region.
Europe held the second-largest market share in 2021 and is expected to grow at a significant CAGR during the forecast period. The growth is attributable to the presence of strong and emerging market players such as Biocomposites and BONESUPPORT AB.
During the forecast period, Asia Pacific is expected to grow at the fastest CAGR. The region’s highest CAGR is attributed to an increase in arthroplasty and trauma surgeries as well as the growing geriatric population.
List of Key Market Players:
- BONESUPPORT AB (Sweden)
- Biocomposites (U.K.)
- Collagen Matrix, Inc (U.S.)
- Zimmer Biomet (U.S.)
- Stryker (U.S.)
- Arthrex, Inc. (U.S.)
- DePuy Synthes (U.S.)
- Graftys (France)
Table Of Content
- Introduction
- Market Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Epidemiology of Bone Tumor
- New Product Launches, Key Players
- Overview of Guidelines for Bone Void Fillers
- Key Industry Developments (Mergers, Acquisitions, and Partnerships, etc.)
- Bone Void Fillers: Indication and Site of Placement
- COVID-19 Impact on the Market
ToC Continued…!
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245