Spinal Fusion Bone Graft Substitute Market

Spinal Fusion Bone Graft Substitutes Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The global spinal fusion bone graft substitute market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising preference for minimal invasive surgeries, increasing old-age population, and growing number of diseases such as kyphosis, scoliosis, and degenerative disc disease (DDD).

Spinal Fusion Bone Graft Substitute Market key takeaways

Bone grafting is a technique that includes the surgical replacement of lost bone. Various types of bone grafts including allograft, autologous bone graft, and artificial bone graft are utilized for grafting methods. The fusion of a bone can be referred to as a method of envelopment and inter-digitation of the bone tissue from a donor by the new bone to the recipient. The most successful type of bone graft is natural bone graft and is anticipated to be the high standard for the replacement of bones. Bone grafts have an application in tumor filling, to fill the space occurred due to cysts and speedy healing of fractures.

Spinal fusion is a technique in which issues related to spinal bone are fixed by the use of a spinal bone graft. A research study of Ethicon Endo-Surgery Inc. states that the demand for minimally invasive procedures has increased tremendously by replacing the invasive surgery technique. The operation for scoliosis is a spinal fusion. Scoliosis surgeons improve curves with the help of tools and technology available today. However, spinal fusion is a major surgery performed under general anesthesia. It is recommended when a scoliosis curve measures over 50 degrees. Thus, scoliosis bracing, Mehta casting, bodyweight exercise, and traditional physical therapy treatment are suggested for those who do not need to have surgery on their spine.


The COVID-19 pandemic has negatively impacted the market. As the COVID-19 outbreak caused several restrictions and nation-wide lockdowns, it led to cancellation of many surgeries during the pandemic. Government policies to defer non-emergency surgeries and healthcare activities to reduce the burden of the healthcare sector is also a key factor for decline in the market growth during the pandemic widespread.

Market Trends, Drivers, Restraints, and Opportunities

  • Presence of technologically advanced substitutes such as Grafton, nanOss loaded advanced bone graft substitute, and VITOSS is driving the market growth.
  • Rising number of the surgeons and their awareness about the advantages of the allograft and autograft are propelling the market expansion.
  • Increasing medical awareness and changing mindsets of people are key factors boosting the market growth.
  • Various advantages of the non-invasive surgeries haves reduced number of post-surgery complications, relatively lesser number of hospital stays, increased patient satisfaction, and lower mortality rates. This is driving the market growth.
  • Advancements in the technologies and high awareness among the population are likely to offer huge opportunities for the market development during the forecast period.

Scope of the Report

The report on the global spinal fusion bone graft substitute market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Spinal Fusion Bone Graft Substitute Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Processes (Demineralized Bone Matrix, Bone Morphogenetic Proteins, Synthetic Bone Graft Extenders, Stem Cell Therapy, and Visco Supplements)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

DePuy Synthes; Stryker; MTF; AlloSource; Baxter; Wright Medical; Integra LifeSciences; Bacterin International; LifeNet Health; RTI Surgical; Alphatec Spine; Arthrex; Berkeley Advanced Biomaterials; Biomet; Osteogenics; and Etex Corporation.

Market Segment Insights

Demineralized bone matrix segment is expected to grow at a rapid pace

Based on processes, the global spinal fusion bone graft substitute market is divided into synthetic bone graft extenders, demineralized bone matrix (DBM), bone morphogenetic proteins, stem cell therapy, and visco supplements. The demineralized bone matrix segment is expected to grow at a rapid pace during the projected period owing to the good results, osteoinductivity associated with it, and high prices.

The stem cell therapy segment, however, is anticipated to grow at significant pace in the coming years due to its high demand, great potential of regeneration that heals the bone quickly, and high effectiveness in terms of replacement of any tissue without the need of donor.

Spinal Fusion Bone Graft Substitute Market by processes

North America is anticipated to constitute a key market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share in the coming years owing to the highly advanced healthcare facilities, presences of highly skilled professionals, and large scale funding from key market players in the region. Moreover, favorable government policies along with reimbursement facilities is driving the market in the region.

Meanwhile, the Asia Pacific market is anticipated to account for a major market share during the projected period due to the presence of high old age population, developing healthcare infrastructure, and rising disposable income of a large number of the regional population. Furthermore, presence of large untapped population and raised spending capacity of the people in the region are propelling the market expansion in the region.

Spinal Fusion Bone Graft Substitute Market by regions

Segments

The global spinal fusion bone graft substitute market has been segmented on the basis of

Processes

  • Demineralized Bone Matrix
  • Bone Morphogenetic Proteins
  • Synthetic Bone Graft Extenders
  • Stem Cell Therapy
  • Visco Supplements

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • DePuy Synthes
  • Stryker
  • Integra LifeSciences
  • AlloSource
  • Baxter
  • Wright Medical
  • Alphatec Spine
  • Bacterin International
  • LifeNet Health
  • Arthrex
  • Berkeley Advanced Biomaterials
  • Biomet
  • RTI Surgical
  • Osteogenics
  • Etex Corporation

Competitive Landscape

The key players competing in the global spinal fusion bone graft substitute market are DePuy Synthes; Stryker; MTF; Integra LifeSciences; AlloSource; Baxter; Wright Medical; Alphatec Spine; Bacterin International; LifeNet Health; Arthrex; Berkeley Advanced Biomaterials; Biomet; RTI Surgical; Osteogenics; and Etex Corporation.

Spinal Fusion Bone Graft Substitute Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spinal Fusion Bone Graft Substitute Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Spinal Fusion Bone Graft Substitute Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Spinal Fusion Bone Graft Substitute Market - Supply Chain
  4.5. Global Spinal Fusion Bone Graft Substitute Market Forecast
     4.5.1. Spinal Fusion Bone Graft Substitute Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Spinal Fusion Bone Graft Substitute Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Spinal Fusion Bone Graft Substitute Market Absolute $ Opportunity
5. Global Spinal Fusion Bone Graft Substitute Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
6. North America Spinal Fusion Bone Graft Substitute Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
7. Latin America Spinal Fusion Bone Graft Substitute Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
8. Europe Spinal Fusion Bone Graft Substitute Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
9. Asia Pacific Spinal Fusion Bone Graft Substitute Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
10. Middle East & Africa Spinal Fusion Bone Graft Substitute Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Spinal Fusion Bone Graft Substitute Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Spinal Fusion Bone Graft Substitute Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Spinal Fusion Bone Graft Substitute Market: Market Share Analysis
  11.2. Spinal Fusion Bone Graft Substitute Distributors and Customers
  11.3. Spinal Fusion Bone Graft Substitute Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. DePuy Synthes
     11.4.2. Stryker
     11.4.3. Integra LifeSciences
     11.4.4. AlloSource
     11.4.5. Baxter
     11.4.6. Wright Medical
     11.4.7. Alphatec Spine
     11.4.8. Bacterin International

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