According to a new report, published by KBV research, The Global Bone Void Fillers Market size is expected to reach $6.1 billion by 2030, rising at a market growth of 7.9% CAGR during the forecast period.
The Demineralized Bone Matrix segment is generating the highest revenue share in the Global Bone Void Fillers Market by Type in 2022, achieving a market value of $2.1 billion by 2030. This is supported by the material's high level of acceptance among dental professionals and the growing complexity of bone grafting operations, which has increased demand for demineralized bone matrix. For instance, Grafton is the most often used brand of demineralized bone matrix. It is intended to supplement or extend autogenous bone in various difficult bone grafting techniques.
The Granules segment has shown a growth rate of 8.7% during (2023 - 2030). The most popular type of bone graft substitute for filling bone gaps and defects is granule-based. Small grains or particles which can be pressed into the fault site make up these fillers. Granule-based fillers frequently have a porous structure that enables blood vessels & bone cells to infiltrate. Granule-based fillers are utilized in a variety of orthopedic and dental operations, such as the treatment of bone deformities, fracture healing, spinal fusion, and placement of dental implants. They are very helpful for filling spaces with uneven shapes and bigger flaws.
The Bone Fracture segment is leading the Global Bone Void Fillers Market by Application in 2022, achieving a market value of $3.2 billion by 2030. Bone void fillers act as a scaffold or foundation for forming new bone, fostering an environment favorable for bone repair. Bone-forming cells, like osteoblasts, are encouraged to move to the fracture site and to attach there by the filler material. This makes it easier for new bone tissue to grow and fill the gap, facilitating bone union.
The Specialty Clinics segment is showcasing a CAGR of 8.1% during (2023 - 2030). The increase in orthopedic specialty clinics and governmental & other organization investments are credited with the segmental growth. Additionally, since bone void maintenance and treatment necessitate expert care, specialty clinics are anticipated to use these fillers more frequently in the upcoming years.
The North America market dominated the Global Bone Void Fillers Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.5 billion by 2030. The Europe market is showcasing a CAGR of 7.5% during (2023 - 2030). Additionally, The Asia Pacific market would experience a CAGR of 8.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/bone-void-fillers-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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