BONE REGENERATION MATERIAL MARKET ANALYSIS

Market Challenges And Opportunities

Global Bone Regeneration Material Market– Drivers

• Increasing number of orthopedic surgeries: The increasing number of orthopedic surgeries is expected to propel  growth of the global bone regeneration material market over the forecast period. For instance, in 2022, the state of Sao Paulo registered 59% geriatrics in the Southeast region of Brazil, among which 51.4% for TKAs (total knee arthroplasties) and 63.8% for THAs (total hip arthroplasties).
• Rising incidence of road injuries: Rising incidence of road injuries are expected to increase demand for bone regeneration material, thereby driving the market growth. For instance, as per the United States Department of Transportation’s National Highway Traffic Safety Administration 2021 data, an estimated 20,160 traffic fatalities occurred in the first half of 2021 in the U.S., an increase of 18.4% from the previous year

Global Bone Regeneration Material Market: Restraint

Disadvantages associated with equipment surgery

Disadvantages associated with equipment surgery are expected to hinder market growth over the forecast period. For instance, according to the National Library of Medicine in February 2020, for the treatment of large, full-thickness chondral lesions in the knee, microdrilling surgery is performed, but this increases the cost burden on the patients as it requires a large number of post-operative bone marrow aspirations and knee injections, which are not covered by the medical insurance.

Key players are focusing on developing advanced products that are safe and cost-effective, which is expected to drive market growth over the forecast period.

• Disadvantages associated with equipment surgery