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The bone marrow aspirate concentrates industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. Companies are developing innovative systems, components, and accessories to aid in the various application, such as orthopaedic surgery and wound healing. These bone marrow aspirate concentrates range from simple to advanced, reflecting the complex nature of various disorders. Regulatory approvals and collaborations with research institutions further influence market positioning.
Some of the eminent market participants operating in the bone marrow aspirate concentrates industry include:
North America bone marrow aspirate concentrates industry size was USD 70 million in 2023 and is predicted to witness substantial growth through 2032, due to the rising prevalence of orthopedic disorders, such as osteoarthritis and fractures
Bone marrow aspirate concentrates market size from the orthopaedic surgery segment is expected to record USD 81.3 million by 2032, led by the growing burden of osteoarthritis, fractures, and sports injuries
BMAC market from the bone marrow aspirate concentrates systems product segment reached USD 108.2 million in 2023, driven by their rising need for efficiently processing bone marrow aspirate, separating it into its various components.
Why is the demand for bone marrow aspirate concentrates market?