The North America Bone Void Fillers Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030).
Increased incidence of orthopedic diseases like osteoporosis, osteoarthritis, scoliosis, bone infections & bone tumors; rising R&D activities in the market; raised funding from private & public institutions for the advancement of the healthcare infrastructure and research centers; and surge in the senior population are the main factors driving the growth of the market.
The market is growing due to a boom in orthopedic procedures like hip & knee replacements as well as cervical and lumbar spine surgeries. For instance, 2.2 million knee & hip replacement procedures were carried out in the U.S. in 2020, according to a report released by the American Joint Replacement Surgery (AJRS). In surgical practice, bone grafting has become a widespread method. Due to the benefits of the substance being utilized, the demand for dental bone void filler is expanding. For instance, tricalcium phosphate ceramics offer radiopacity for controlled healing, high resorbability, simplicity of handling, and osteoconduction.
Due to the rising dental problems in this region, the bone void filler has experienced strong growth. For instance, the Centers for Disease Control and Prevention (CDC) reported in July 2021 that about 47.2% of adults 30 years of age and older have periodontal disease in the United States. According to the same data, the prevalence of periodontal disease rises with age; among those 65 and older, the disease affects 70.1% of them. In the United States, men are more likely to have this illness than women, with 56.4% of men and 38.4% of women having it, respectively. As a result, there are chances for the development of dental bone void filler due to the region's growing dental problems.
The US market dominated the North America Bone Void Fillers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,688.3 million by 2030. The Canada market is estimated to grow at a CAGR of 9.7% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 8.8% during (2023 - 2030).
Based on Type, the market is segmented into Demineralized Bone Matrix, Calcium phosphate Bone Graft Substitute, Collagen Matrix and Others. Based on Form, the market is segmented into Gel & Putty, Granules and Others. Based on Application, the market is segmented into Bone Fracture, Spine Fusion and Others. Based on End User, the market is segmented into Hospital, Specialty Clinics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Bone Void Fillers Market is Projected to reach USD 6.1 Billion by 2030, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, DePuy Synthes (Johnson & Johnson), Orthofix Medical, Inc., Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, NuVasive, Inc., Baxter International, Inc., Biocomposites Ltd., and Arthrex, Inc.
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