Global Demineralized Bone Matrix Market Size By Type, By Application, By End-User, By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Demineralized Bone Matrix Market Size By Type, By Application, By End-User, By Geographic Scope And Forecast
Demineralized Bone Matrix Market Size And Forecast
Demineralized Bone Matrix Market size was valued at USD 706.94 Million in 2024 and is projected to reach USD 977.49 Million by 2031, growing at a CAGR of 4.56% during the forecast period 2024-2031.
Global Demineralized Bone Matrix Market Drivers
The market drivers for the Demineralized Bone Matrix Market can be influenced by various factors. These may include
- Growing Frequency of Orthopaedic Conditions As the world’s population ages, so does the frequency of orthopaedic conditions such spinal fusion operations, orthopaedic trauma, and bone fractures. In these treatments, DBM is frequently utilised to encourage bone formation and healing.
- Growing Demand for Minimally Invasive Surgery The benefits of minimally invasive surgery, like shorter recovery times, less discomfort after surgery, and smaller incisions, are making these procedures more and more popular. Because DBM products may be administered through small incisions and promote bone regeneration, they are frequently employed in these treatments.
- Significant Developments Have Occurred in the Field of Regenerative Medicine Including the creation of novel biologics and alternatives to bone grafts. A crucial element in this sector is DBM, which is made from allograft bone and contains growth factors that encourage bone mending.
- Rising Preference for Biocompatible and Biodegradable Materials In orthopedic procedures, there is a rising preference for biocompatible and biodegradable materials due to an increased focus on patient outcomes and safety. Since DBM is made from animal or human bone tissue and is progressively reabsorbed by the body as new bone grows, it satisfies these requirements.
- Growing Use in Dental and Maxillofacial Surgery DBM is utilised in dental and maxillofacial operations, including implant placement and jaw reconstruction, in addition to orthopaedic procedures. The DBM market is expanding as a result of the increased demand for dental implants and the increasing prevalence of dental problems.
- Increasing Investment in Healthcare Infrastructure The DBM market is expanding as a result of rising healthcare costs and investments in healthcare infrastructure, especially in emerging markets. The need for orthopaedic implants and biomaterials like DBM is driven by easier access to medical facilities and surgical procedures.
- Technological Innovations and Product Development Continuous R&D efforts to improve the safety and effectiveness of DBM products are what propel the market’s innovation. To fulfil the changing needs of patients and healthcare professionals, businesses are concentrating on creating cutting-edge processing methods, refining product compositions, and launching innovative delivery technologies.
Global Demineralized Bone Matrix Market Restraints
Several factors can act as restraints or challenges for the Demineralized Bone Matrix Market. These may include
- Regulatory Obstacles Tight regulations requiring product approval may prevent the market from expanding. Manufacturers in the US may find it difficult to comply with rules like FDA approval, especially if they are smaller businesses with fewer resources.
- Limited Donor Availability Human tissue donors are frequently needed to produce demineralized bone matrix products. A shortage of appropriate donor tissue may limit the ability to produce and distribute DBM products, which could stunt the expansion of the market.
- High Costs Demineralized bone matrix products can be expensive to produce, which could lead to higher product costs. Exorbitant expenses may impede adoption, particularly in areas with low funds for healthcare or those with inadequate insurance coverage.
- Competition from Alternatives Allografts, autografts, synthetic replacements, and other biomaterials are some of the alternatives to DBM as a bone graft material. The market share and potential for expansion of DBM products may be impacted by the availability of these substitutes.
- Risk of Disease Transmission Despite stringent donor screening and tissue processing procedures, individuals and healthcare professionals may be discouraged from using DBM products over synthetic substitutes due to worries about disease transmission.
- Limited Clinical Evidence Although DBM has been utilised for many years in orthopaedic and dental procedures, there may not be as much clinical data to show its superiority over alternative bone graft materials in certain patient demographics or applications. The absence of solid clinical data may prevent further adoption.
- Requirements for Storage and Handling In order to preserve their effectiveness, demineralized bone matrix products frequently have certain handling and storage needs. Healthcare facilities may find it more difficult and expensive to implement these regulations, which could restrict their uptake.
- Geographic Variations Due to variations in patient preferences, reimbursement policies, regulatory frameworks, and healthcare infrastructure, market limitations may change between geographical areas. Market dynamics can also be influenced by cultural perceptions of medical procedures and economic concerns.
Global Demineralized Bone Matrix Market Segmentation Analysis
The Global Demineralized Bone Matrix Market is segmented based on Product Type, Application, End-User, And Geography.
Demineralized Bone Matrix Market, By Product Type
- Gel
- Putty
- Others
Based on Product Type, The market is bifurcated into Gel, Putty, and Others. The putty segment has the biggest share of the global market. This is because more and more people are using these high-tech products to help treat orthopedic and dental problems. Furthermore, the rising prevalence of several orthopedic diseases plays a role in the segment’s dominance. During the forecast period, the gel segment is expected to grow at a faster rate than the other segments. This is due to the growing demand for demineralized bone matrix products in craniomaxillofacial, aesthetic, and trauma surgeries, as well as the excellent biocompatibility of gel-based products. Because gel-based products have distinct advantages over putty, there is a higher demand for them, which is driving the segment’s growth.
Demineralized Bone Matrix Market, By Application
- Dental
- Craniomaxillofacial
- Spinal Fusion
- Long Bone Procedures
- Joint Reconstruction
- Other Applications
Based on Application, The market is bifurcated into Dental, Craniomaxillofacial, Spinal Fusion, Long Bone Procedures, Joint Reconstruction, and Other Applications. The spinal fusion segment dominated due to an increase in the number of spine surgeries or fusion procedures among patients with spinal disorders. During the forecast period, the dental application segment is expected to grow at a significant CAGR. The dental surgeon’s preference for demineralized bone matrix products for dental surgeries is credited with the high growth rate. Furthermore, the increasing number of training sessions for dental practitioners conducted by well-known companies to raise awareness about DBM is expected to drive this segment’s rapid growth. Furthermore, the availability of highly skilled dentists would aid in the growth of this market.
Demineralized Bone Matrix Market, By End-User
- Hospitals
- Specialty Clinics
- Others
Based on End-User, The market is bifurcated into Hospitals, Specialty Clinics, and Others. The hospital is likely to dominate the market due to the higher number of bone graft procedures performed in hospitals for orthopedic and dental procedures. Hospitals in developed and developing countries also provide adequate reimbursement policies.
Demineralized Bone Matrix Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, The Global Demineralized Bone Matrix Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America currently dominates the market, and this trend is expected to continue during the forecast period. The presence of key players such as Johnson & Johnson (DePuy Synthes), Zimmer Biomet, and Stryker, as well as rising R&D investments by these key players, are some of the prominent factors contributing to the region’s leading share.
Key Players
The major players in the Demineralized Bone Matrix Market are
- Medtronic
- Johnson & Johnson (DePuy Synthes)
- Zimmer Biomet
- Stryker
- Xtant Medical
- RTI Surgical
- SeaSpine
- HansBioMed
- Arthrex GmbH
- Exactech, Inc.
- Hans Biomed Corporation Ltd.
- Institut Straumann AG
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Medtronic plc, Johnson & Johnson (DePuy Synthes), Zimmer Biomet, Stryker, Xtant Medical, RTI Surgical, SeaSpine, HansBioMed, Arthrex GmbH, and Exactech, Inc. |
SEGMENTS COVERED | By Product Type, By Application, By End-User, By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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