Bone Void Fillers Market - By Material Type (Demineralized Bone Matrix, Calcium Sulfate, Collagen Matrix), Form (Gel, Granules, Paste, Putty), Application (Spine Fusion, Bone Fracture), End-use (Hospitals, Orthopedic Clinics) – Global Forecast (2024 – 2032)
Report ID: GMI8861
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Published Date: April 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 282
Countries covered: 22
Pages: 160
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Bone Void Fillers Market Size
Bone Void Fillers Market size was valued at around USD 3.4 billion in 2023 and is projected to observe around 6.8% CAGR from 2024 to 2032. Bone void fillers are medical devices used to fill voids or defects in bone tissue. These voids may result from trauma, surgical procedures, bone infections, degenerative diseases, or congenital conditions. The purpose of bone void fillers is to promote bone healing, regeneration, and structural support in areas where bone loss or defects have occurred.
The increasing number of orthopedic surgeries is a significant driving factor for the market. For instance, in 2023, according to the American Academy of Orthopaedic Surgeons, the number of total hip arthroplasty (THA) and total knee arthroplasty (TKA) procedures increased substantially. It is projected that there will be a 70% growth in the annual volume of primary total joint arthroplasties (TJAs) by 2050, reaching 2,257,326 orthopedic surgeries. These procedures require bone void fillers to promote bone restoration, support structural integrity, and improve patient outcomes.
Furthermore, increasing incidence of bone disorders and injuries, rising adoption of orthopedic devices (market size is estimated to account for USD 73 billion by the end of year 2032), rise in geriatric population, advancements in surgical techniques, surging bone replacement, and government initiatives and funding, are the advancing factors fostering the growth of the market.
Bone Void Fillers Market Trends
The increasing incidence of bone disorders and injuries is a significant driver for the market. Bone disorders and injuries, such as fractures, osteoporosis, degenerative bone diseases, and bone tumors, create substantial demand for these fillers to aid in bone healing and provide structural support.
Bone Void Fillers Market Analysis
Based on material type, the market is divided into demineralized bone matrix, calcium sulfate, collagen matrix, tricalcium phosphate, and other material types. The demineralized bone matrix segment is estimated to account for USD 2.1 billion by 2032.
Based on form, the bone void fillers market is segmented into gel, granules, paste, putty, and other forms. The putty segment accounted for USD 1 billion in 2023.
Based on application, the bone void fillers market is segmented into spine fusion, bone fracture, joint reconstruction, and other applications. The bone fracture segment held a market share of 40.5% in the year 2023.
Based on end-use, the bone void fillers market is classified into hospitals, orthopedic clinics, ambulatory surgical centers, and other end-users. The hospitals segment held a market size of USD 1.4 billion in 2023.
North America bone void fillers market accounted for USD 1.4 billion revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
Bone Void Fillers Market Share
The bone void fillers industry is highly competitive, marked by several players striving for market dominance. Providers offer comprehensive bone void fillers for bone healing, maintenance, and stabilization. This includes various materials such as demineralized bone matrix and calcium sulfate that aligns with patient’s compatibility. Competition is driven by factors such as the quality and reliability of these fillers, healing properties of various forms such as gel and putty, and compliance with regulatory standards. Strategic partnerships with companies and healthcare networks play a crucial role in market positioning.
Bone Void Fillers Market Companies
Some of the eminent market participants operating in the bone void fillers industry include:
Bone Void Fillers Industry News:
The bone void fillers market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
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Market, By Material Type
Market, By Form
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: