The global synthetic bone graft substitutes market is anticipated to grow at a CAGR of nearly 7.5% during the forecast period (2022-2028). synthetic bone graft substitutes are made up of hydroxyapatite, tricalcium phosphate, calcium sulfate, or a combination of these minerals. They provide several advantages over allografts, including unlimited supply, easy storage as well as sterilization, which ultimately contribute to the market growth. Further, other major factors contributing substantially to the market growth include the rising prevalence of dental disorders, continuous product commercialization, rising number of geriatric population, and growing public awareness related to preventive care. The increasing demand from customers and rising inclination towards cosmetic dentistry are some of the major opportunities for the growth of the global synthetic bone graft substitute market. In addition to this, technological advancements and usage of new materials and procedures have also played a major role in the market growth.
Another key trend observed in the global synthetic bone graft substitutes market includes the growing penetration of dental tourism. For instance, Vietnam had refurbished its dental care services to modern standards in the last decade, attracting patients from Australia, New Zealand, and the US. This has attracted a large number of people from America and Europe to avail dental treatments in Asian countries, thus making dental tourism a major source in these countries. The rising number of dental procedures in turn, are driving the demand for synthetic bone graft substitutes that are further expected to further fuel the growth of the global synthetic bone graft substitutes market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Material
- By Application
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Baxter International, Inc., Johnson & Johnson Services, Inc., and Medtronic plc, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Synthetic Bone Graft Substitutes Market Report by Segment
By Material
- Ceramics
- Composites
- Polymers
By Application
- Knee Surgery
- Upper Limb Surgery
- Spinal Fusion
- Hip Surgery
- Hand and Foot Surgery
- Shoulder Surgery
- Craniomaxillofacial
- Lower Limb Surgery
- Dental Bone Grafting
- Others
Global Synthetic Bone Graft Substitutes Market Report by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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