Spinal Machined Bone Allograft Market To Witness Significant Growth From 2013 To 2028

The global spinal machined bone allograft market is anticipated to witness a healthy CAGR during the forecast period (2013 to 2028), according to a report available on Million Insights. Spinal machined bone allograft refers to bone void fillers harvested from donor or cadaver. Allografts are being used in spinal fusion surgeries as additional bone to fuse together painful bones. Unlike autografts, allografts act as a bridge between two spinal bones and allow natural bone to grow through its surface. The natural bone replaces the donor bone with time. Such bone grafts are available in various shapes and sizes to fit the space where it is required.

Rising cases of spinal cord injuries or disorders that require spinal fusion surgeries is anticipated to propel market growth. Surgeons use bone allografts as temporary bridge between painful bones in the spine. Increasing number of patients suffering from medical conditions such as scoliosis, disc displacement, and fracture is driving demand for machined bone allografts. Growing awareness regarding health benefits of minimally invasive surgeries among patients and healthcare professionals is likely to augment demand for allografts. In addition, development of effective and novel technologies in spinal care is expected to drive market growth.

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To cater to rising demand for allografts, manufacturing companies are investing in R&D activities to develop minimally invasive approaches. For instance, in February 2019, Medtronic launched demineralized bone matrix (DBM) called Grafton in Japan. It can be used as bone graft substitute, graft extender, and bone void filler to fill gaps in skeletal system.

The spinal machined bone allograft market can be segregated on the basis of product type, application, and region. Based on product type, the market can be categorized into gel, putty, and putty with chips. On the basis of application, the market can be bifurcated into trauma surgery and spine surgery.

Regional segmentation includes North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. North America is anticipated to hold significant market share attributed to rising cases of spinal cord injuries in the region. Road accidents are the major cause of spinal cord injuries. In addition, availability of improved healthcare facilities and presence of organizations such as North American Spine Foundation is driving regional market growth. Such organizations spread awareness among people and healthcare professionals. Asia Pacific is expected to witness highest market share over the forecast period owing to improvements in healthcare facilities in the region. Increasing cases of spinal cord injuries due to violence, road accidents, and accidental falls are likely to drive demand for bone grafts in the coming years. In addition, changing lifestyle pattern and sedentary life will drive regional market growth over the forecast period.    

Some of the leading companies operating in the spinal machined bone allograft market are Zimmer Biomet, Stryker, Xtant Medical, Wright Medical Group, and Hans Biomed.

Contact:
Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone:1-408-610-2300
Email: [email protected]