MARKET INTRODUCTION
Artificial bone material is created in the laboratory and resembles like an original bone which can be used to replace human bones in bone grafts since repairing a damaged bone has become a critical issue faced by many orthopedic surgeons. Due to good biocompatibility and chemical composition non-metallic inorganic components are widely used in artificial bone materials. Hydroxyapatite is the widely used inorganic component and accounts for more than 55% in bone composition. These also have usage in biomedical applications.
MARKET DYNAMICS
Factors driving the growth of the artificial bone material market are increasing cases of osteoporosis leading to fragility fractures, and growing demand for bone graft procedures. However, stringent regulatory guidelines are expected to hamper the growth of the market. Moreover, leading players in the market are focused on obtaining regulatory approvals to expand their product portfolio which is also likely to boost market growth.
MARKET SCOPE
The "Artificial Bone Material Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of artificial bone material market with detailed market segmentation by product, and application. The artificial bone material market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in artificial bone material market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The artificial bone material market is segmented on the basis of product, and application. On the basis of product, the market is categorized as inorganic material, organic material, and composite material. On the basis of application the market is categorized as medical bone graft, calcium phosphate cement (CPC), and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the artificial bone material market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The artificial bone material market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting artificial bone material market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the artificial bone material market in these regions.
MARKET PLAYERS
The report covers key developments in the artificial bone material market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from artificial bone material market are anticipated to have lucrative growth opportunities in the future with the rising demand for artificial bone material in the global market. Below mentioned is the list of few companies engaged in the artificial bone material market.
The report also includes the profiles of key players in artificial bone material market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Zimmer Biomet
- Orthofix International N.V.
- Baxter International, Inc.
- RTI Surgical
- Smith & Nephew Plc
- Xtant Medical Holdings, Inc.
- Wright Medical Group N.V.
- Stryker Corporation
- Medtronic Plc
- LifeNet Health, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.