Bone Replacement market was 19200 million US$ in 2017 and is expected to 26000 million US$ by the end of 2027, growing at a CAGR of 3% between 2021 and 2027.
Damaged bones can be replaced by other parts of the body (autografts), cadavers (allografts), or various ceramic or metal alloys. The use of autografts limits the amount of bone available.
The United States is the largest consumer of bone substitutes in 2015 with a consumption market share of 54% and a revenue market share of 57%.
In second place is Europe, with a market share of 24% and an import market share of 25% in 2015, second only to the United States.
China is an important supplier of bone substitutes. In 2015, bone substitute sales accounted for more than 2.9% and consumption was about 6%. So there are many bone substitutes imported into China.
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The key manufacturers in this market include
- FH Orthopedics
- KYOCERA Medical
- Baumer
- United Orthopedic
- Beijing AKEC
- Beijing Chunlizhengda
- Beijing Jinghang
By the product type, the market is primarily split into
- Hip Replacement
- Knee Replacement
- Extremities
By the end users/application, this report covers the following segments
- <45
- 45-64
- 65+
Scope of the Report
The research study analyzes the global Bone Replacement industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bone Replacement Market Report
1. What was the Bone Replacement Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Bone Replacement Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bone Replacement Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Bone Replacement market.
- The market share of the global Bone Replacement market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Bone Replacement market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Bone Replacement market.
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