Bone Grafts and Substitutes Market 2016 US$2.6B to Reach US$3.3B Forecasts 2023
MediPoint: Bone Grafts & Substitutes Market was estimated at US$2.6B in 2016 across globally. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$3.3B at a CAGR of 3.7%.
June 14, 2017 /MarketersMedia/ —
The report “MediPoint: Bone Grafts & Substitutes – Global Analysis and Market Forecasts”, focuses on the market outlook for bone graft and substitute products globally. The analysis discusses the major drivers and barriers of adoption, and provides an in-depth understanding of the future outlook for this market by segment and geography.
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The global bone grafts and substitutes market was estimated at US$2.6B in 2016 across globally. By the end of the forecast period in 2023, it is estimated that the market will grow to approximately US$3.3B at a Compound Annual Growth Rate (CAGR) of 3.7%.
The market for bone grafts and substitutes is highly populated, with players ranging from small orthobiologics startups to medical device multinationals. Three major players-Medtronic, DePuy Synthes, and Stryker-dominate the global space due to the companies’ far-reaching distribution networks and established presence in complementary markets, including spinal fusion and trauma fixation. Additionally, as hospital purchasing organizations and healthcare providers seek cost-saving measures, the largest players in the bone grafts and substitutes market offer a full portfolio of products to meet all bone graft needs in bundled deals.
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Companies mentioned in this report: DePuy Synthes, Medtronic, Stryker Zimmer Biomet.
Middle East and Africa bone grafts and substitutes market is projected to grow at a CAGR of 6.7% during the forecast period, followed by South America, APAC, North America and Europe at a CAGR of 5.9%, 5.2%, 3.5% and 3.0% respectively. The US represented the largest portion of the market in 2016, holding 95.5% of the regional revenue, and is expected to maintain this dominance through the forecast period.
Scope
Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for bone grafts and substitutes.
Company share analysis in 2016, for bone grafts and substitutes.
Market insights and competitive assessment of the key players within the bone grafts and substitutes market.
Table of Contents
Overview
Market Dynamics
Key Players in the Bone Grafts and Substitutes Market
Bone Grafts and Substitutes Market Future Outlook
Market Outlook
Market Insights
Competitive Assessment
Appendix
Global Head of Medical Devices
List of Tables
List of Figures
Related Report
MediPoint: Bone Grafts & Substitutes – South America Forecast and Market Analysis : South American bone grafts and substitutes market is projected to grow at a CAGR of 5.9% during the forecast period. Brazil represented the largest portion of the market in 2016, holding more than 75.0% of the regional revenue, and is expected to maintain this dominance through the forecast period. Argentina is expected to be the fastest-growing market through 2023, at a CAGR of 6.1%, while the slowest growth will be observed in Chile at a CAGR of 5.6%.
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