Bone Graft Substitutes Market, By Type (Allograft (Machined Allograft and Demineralized Bone Matrix), Bone Graft Substitute (Bone Morphogenic Proteins (BMP) and Synthetic Bone Grafts), and Cell-based Matrices), By Application (Spinal Fusion, Trauma, Joint Reconstruction, Dental Bone Grafting, and Craniomaxillofacial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

An increase in orthopedic operations

Orthopedic operations frequently use bone grafts and replacements for a variety of purposes. It is anticipated that a rise in orthopedic conditions brought on by weakening bones will propel demand for the target market. According to figures released by the U.N. Population Division's Department of Economic and Social Affairs, there were 841 million adults over 60 worldwide in 2013. By 2050, that number is expected to rise to 2 billion. Therefore, it is anticipated that as the number of elderly people who are susceptible to orthopedic conditions rises, so will the number of orthopedic surgeries. As a result, the industry is anticipated to see increasing demand in the upcoming years.

Growing popularity of minimally invasive procedures

As the number of minimally invasive procedures (MIS) increases, so does the market for alternatives to bone grafts. Due to associated benefits such as shorter recovery times after surgery, less discomfort, and less tissue damage, specialists are choosing minimally invasive surgery (MIS) over open surgery. Around 400,000 spinal fusion procedures are carried out annually in the United States, according to Minim Invasive Surg in 2018. It is one of the most popular and well-researched treatments for degenerative diseases, spine damage, tumors, and structural anomalies.