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Global Bone Replacement Market, By Product Type, By Material, By Age Group & By Region- Forecast and Analysis 2022-2028

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    Report

  • 127 Pages
  • October 2022
  • Region: Global
  • SkyQuest Technology Consulting
  • ID: 5697689
Global Bone Replacement Market was valued at USD 14.93 billion in 2021 and it is expected to reach at USD 22.15 billion by 2028, at a CAGR of 5.7% over the forecast period (2022-2028).

Following an accident or the removal of a tumor, bone replacement products, including implants made of metal, ceramic, plastic, and combinations of materials, are needed to fill the gap or replace the entire section. When bone grafting is not an option, products for replacing missing bone are frequently used. Additionally, compared to non-operative treatments, the bone replacement products offer major advantages in terms of improved mobility, improved quality of life, and cost-effectiveness of bone replacement procedures. Strategic partnerships between market participants and rising global demand for bone replacement are anticipated to hasten the growth of the bone replacement market.

Top-down and bottom-up approaches were used to estimate and validate the size of Global Bone Replacement Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

Global Bone Replacement Market is segmented based on product type, materials, age group, and region. Based on product type, the market is segmented into hip, knee, and extremities. Based on material, the market is segmented into allografts, autografts, synthetic materials, and bone morphogenetic proteins (BMPs). Based on age group, the market is segmented into lesser than 45 years, 45-64 years, and greater than 65 years. Based on region, the global Bone Replacement market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

Because of rising rates of orthopedic surgeries and musculoskeletal diseases (MSD), the global bone replacement market is expanding dramatically. Additionally, more than 3 million Americans undergo surgery for musculoskeletal conditions (MSD). Additionally, more than 8.75 million people in the UK were between the ages of 45 and 64 in 2019, and 33% of them had osteoarthritis, according to a report article by the State of Musculoskeletal Health. All of these factors may encourage growth in the global market for bone replacement.

Restraint

In comparison to other procedures, bone replacement is very expensive. Additionally, medical insurances in China, India, and other developing nations do not pay for the pricey procedures of bone replacement. These are a few of the elements that experts predict will reduce the market value of bone replacement in the coming years.

Market Trends

Innovative knee replacement systems are made to give patients a choice between maintaining their joints and preserving the healthy knee components, which helps to preserve normal knee function. One knee replacement system launched by Cayenne Medical uses the patient's natural knee motion during surgery is the Mirror Partial Knee System. The knee is balanced throughout its entire range of motion thanks to this innovative technology. Competitors in the market for bone replacement products are concentrating on product development to increase the effectiveness of the products.
Frequently Asked Questions about the Global Bone Replacement Market

What is the estimated value of the Global Bone Replacement Market?

The Global Bone Replacement Market was estimated to be valued at $14.93 Billion in 2021.

What is the growth rate of the Global Bone Replacement Market?

The growth rate of the Global Bone Replacement Market is 5.7%, with an estimated value of $22.15 Billion by 2028.

What is the forecasted size of the Global Bone Replacement Market?

The Global Bone Replacement Market is estimated to be worth $22.15 Billion by 2028.

Who are the key companies in the Global Bone Replacement Market?

Key companies in the Global Bone Replacement Market include AK Medical Holdings Ltd. (China), B. Braun Melsungen (Germany), Enovis (US), Exactech, Inc. (US), Johnson & Johnson (US), Smith & Nephew Plc (UK), Stryker Corporation (US), United Orthopedic Corporation (US) and Zimmer Biomet Holdings Inc. (US).

Table of Contents

Executive Summary
Market overview
  • Exhibit: Executive Summary - Chart on Market Overview
  • Exhibit: Executive Summary - Data Table on Market Overview
  • Exhibit: Executive Summary - Chart on Global Bone Replacement Market Characteristics
  • Exhibit: Executive Summary - Chart on Market by Geography
  • Exhibit: Executive Summary - Chart on Market Segmentation
  • Exhibit: Executive Summary - Chart on Incremental Growth
  • Exhibit: Executive Summary - Data Table on Incremental Growth
  • Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market AnalysisMarket overview
Market size
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • SWOT Analysis
KEY MARKET INSIGHTS
  • Technology Analysis
  • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
  • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
  • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
  • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
  • Exhibit: Parent Market Ecosystem Market Analysis
  • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
  • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
  • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
  • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
  • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
  • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
  • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators
COVID IMPACT
  • Introduction
  • Impact On Economy - scenario Assessment
  • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
  • Exhibit: Data Table on Global Bone Replacement Market size and forecast 2022-2028 ($ million)
  • Impact Of COVID On Key Segments
  • Exhibit: Data Table on Segment Market size and forecast 2022-2028 ($ million)
  • COVID Strategies By Company
  • Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
  • Competitive rivalry
  • Exhibit: Competitive rivalry Impact of key factors, 2021
  • Threat of substitute products
  • Exhibit: Threat of Substitute Products Impact of key factors, 2021
  • Bargaining power of buyers
  • Exhibit: buyers bargaining power Impact of key factors, 2021
  • Threat of new entrants
  • Exhibit: Threat of new entrants Impact of key factors, 2021
  • Bargaining power of suppliers
  • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Special insights on future disruptions
  • Political Impact
  • Economic impact
  • Social Impact
  • Technical Impact
  • Environmental Impact
  • Legal Impact
Global Bone Replacement Market by Product Type
  • Market segments
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Data table on Market share 2022-2028 (%)
  • Hip
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Knee
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Extremities
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
Global Bone Replacement Market by Material
  • Market segments
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Data table on Market share 2022-2028 (%)
  • Allografts
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Autografts
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Synthetic Materials
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Bone Morphogenetic Proteins (BMPs)
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
Global Bone Replacement Market by Age Group
  • Market segments
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Data table on Market share 2022-2028 (%)
  • Lesser Than 45 Years
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • 45-64 Years
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Greater Than 65 Years
  • Market Estimates & Forecast, 2022-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
Market Size by Region
  • Chart on Market share by geography 2022-2028 (%)
  • Data Table on Market share by geography 2022-2028(%)
  • North America
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • USA
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Canada
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Europe
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • Germany
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Spain
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • France
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • UK
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of Europe
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Asia Pacific
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • China
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • India
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Japan
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • South Korea
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of Asia Pacific
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Latin America
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • Brazil
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of South America
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Middle East & Africa (MEA)
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • GCC Countries
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • South Africa
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of MEA
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
KEY COMPANY PROFILES
  • Competitive Landscape
  • Total number of companies covered
  • Exhibit: companies covered in the report, 2021
  • Top companies market positioning
  • Exhibit: company positioning matrix, 2021
  • Top companies market Share
  • Exhibit: Pie chart analysis on company market share, 2021(%)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • AK Medical Holdings Ltd. (China)
  • B. Braun Melsungen (Germany)
  • Enovis (US)
  • Exactech, Inc. (US)
  • Johnson & Johnson (US)
  • Smith & Nephew Plc (UK)
  • Stryker Corporation (US)
  • United Orthopedic Corporation (US)
  • Waldemar Link GmbH & Co. Kg (Germany)
  • Zimmer Biomet Holdings Inc. (US)