Bone substitutes are those implantable materials that play a vital role in supporting bone healing, bone formation, and osseous reconstruction owing to its osteoconductive, osteogenic, and osteoinductive characteristics. It is basically a surgical practice to substitute a misplaced or damaged bone with a material from a patient’s own body, a dead body, animals, or an another person.
The key factors that are contributing considerably in raising the share of the market include augmented demand from the healthcare sector, rise in the industrialization, technological improvements, rise in the occurrence of bone & joint disorders, technological improvements in medical sector, progression of biocompatible synthetic bone grafts, and intensification in the demand for dental bone grafts.
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Global Bone Substitutes Market is segmented on the basis of applications as bone replacement, posttraumatic skeletal conditions, and other bone-related problems. A synthetic, inorganic or biologically organic blend that can be placed in to treat a bone defect in the place of autogenous or allogenous bone is known as a bone substitute. It has been observed since quite a few years that bone substitutes are extensively utilized across various sectors.
The only factors that are turning major obstacles in the growth of the global bone substitutes market include soaring cost of surgeries and ethical issues concerning bone grafting processes. It has been noted that the leading manufacturers are trying to lay more emphasis on the R&D activities in bone substitutes and gradually the demand for orthopedic procedures are also rising among geriatric population. All these factors are paving ways for huge market opportunities. Global Bone Substitutes Market is segmented on the basis of type as Natural, Synthetic, and Composites. Global Bone Substitutes Market is segmented on the basis of geographical region as North America, Europe, Asia Pacific, and Rest of the World.
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