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| Bone Graft Market |
The global bone graft market is growing due to the advancements
in the bone graft techniques, and extensive research and development
activities. The increasing healthcare provider’s compliance for bone graft
techniques in the emerging economies is creating abundant opportunities for the
growth of the global bone graft market.
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Bone graft refers to medical procedure for the treatment of the
bone and joint associated problems. Bone graft is used for transplanting bone
tissue, in order to repair diseased bones in spine, knees, hips, and other
bones and joints. Bone grafts are mainly of two types — autografts and
allografts.
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Some of the factors driving the growth of the global bone graft
market are increasing number of surgical procedures, such as joint
reconstruction and spinal fusion surgeries, growing geriatric population,
increasing prevalence of chronic diseases, growing healthcare expenditure, and
increasing healthcare provider’s adherence for allograft.
Geographically, North America leads the global bone graft market,
due to increasing geriatric population, growing number of surgical procedures,
and high healthcare expenditures.Asia-Pacific is the fastest growing region in
the global bone graft market. The fastest growth of the region is attributed to
the increasing healthcare expenditure, presence of large pool of patients, and
growing adoption of bone graft techniques.
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Some of the key players operating in the global bone graft market
are Biomet Inc., BioMimetic Therapeutics Inc., Stryker Corporation, RTI
Surgical Inc., AlloSource, Depuy Synthes (a part of Johnson and Johnson
Services Inc. companies) NovaBone Products LLC, Exactech Inc., Integra
LifeSciences Corporation, Medtronic, NuVasive Inc., Smith & Nephew PLC,
Wright Medical Technology Inc., LifeNet Health, and Zimmer Biomet.
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