ARTIFICIAL BONE MARKET ANALYSIS

Market Challenges And Opportunities

Global Artificial Bone Market - Drivers

• Increasing product launches by the key players: Increasing product launches by the key players in the market are expected to drive the growth of the market over the forecast period. For instance, in February 2022, Orthofix Medical Inc., a global medical device company with a spine and orthopedics focus, announced the launch of Opus BA, a synthetic bioactive bone graft solution for cervical and lumbar spine fusion procedures. Opus BA can be used to fill bone voids or gaps in the skeletal system.
• Increasing number of joint reconstruction surgeries: Increasing number of joint reconstruction surgeries is expected to drive the growth of the market over the forecast period. For instance, according to the data published in January 2022, by National Library of Medicine, in the U.S. about 2.4 Million hip and knee surgeries were performed in 2020.

Restraints & Challenges:

• Low mechanical strength of artificial bones