There were 718 press releases posted in the last 24 hours and 190,413 in the last 365 days.

Bone Replacement Market Predicted to Jump at $25.20 Billion by 2030, Claims Allied Market Research Analysts

North America to dominate the market in next 10 years

/EIN News/ -- Portland, OR, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Increase in the geriatric population, rise in the number of road accidents, improvement in the standard of living, and technological developments in bone graft devices drive the market growth. Hospitals across the world witnessed a significant decline in surgical procedural counts as the global healthcare sector redirected its attention, efforts, and resources to deal with the COVID-19 patients.

According to the report published by Allied Market Research, the global bone replacement market generated $14.31 billion in 2020 and is anticipated to reach $25.20 billion by 2030, manifesting a CAGR of 5.9% from 2021 to 2030. The report offers an in-depth analysis of the emerging and current trends, market size, future estimations, and key players.
                                                                                                        
Factors such as an increase in the incidence of musculoskeletal conditions and a rise in the number of road accidents are the key factors propelling the global bone replacement market. However, factors including high cost of bone replacement surgeries and ethical concerns related to bone grafting procedures are expected to hinder the market growth. Developing markets in the world will offer lucrative growth opportunities to the market players.

Download the Insights- https://www.alliedmarketresearch.com/request-sample/2606

Impact of COVID-19 Pandemic on Bone Replacement Market-

  • The COVID-19 pandemic had a negative impact on the medical companies in the bone replacement industry. 
  • Many orthopedic elective procedures such as spine replacement, hip replacement, and knee replacement were halted, which impacted the bone replacement market. 
  • Due to the lockdown, the supply chain activities across the world got disturbed, impacting many companies operating in the bone replacement market.
  • Lack of human resources at production facilities and lack of demand from hospitals and clinics due to the lockdown restrictions negatively impacted the market.

Get detailed COVID-19 impact analysis on the Bone Replacement Market- https://www.alliedmarketresearch.com/request-for-customization/2606?reqfor=covid

The report segments the global bone replacement market on the basis of material, product type, age group, and region.

Based on product type, the knee segment accounted for the largest market share in 2020, contributing to more than half of the total share, and is expected to maintain the lead throughout the forecast period. However, the hip segment is estimated to witness the fastest CAGR of 6.4% from 2021 to 2030.

Based on the material type, the allografts segment contributed to the largest share in 2020, accounting for more than one-third of the global bone replacement market. The same segment is expected to lead during the forecast period. However, the autografts segment is expected to manifest the highest CAGR of 7.1% from 2021 to 2030. 

Connect to Our Analyst- https://www.alliedmarketresearch.com/purchase-enquiry/2606

Based on region, North America contributed to the highest share in 2020, holding nearly half of the total share, and is expected to maintain dominance throughout the forecast period. On the other hand, Asia-Pacific is expected to portray the fastest CAGR of 7.2% from 2021 to 2030. 

Leading market players of the global bone replacement market analyzed in the research include B. Braun Melsungen, Exactech Inc., Waldemar Link GmbH & Co. Kg, Colfax Corporatio, AK Medical Holdings Limited (AK Medical), Smith & Nephew Plc, Johnson & Johnson (Depuy Synthes), United Orthopedic Corporation, Stryker Corporation, and Zimmer Biomet Holdings, Inc.

Official Press Release- https://alliedmarketresearch.com/press-release/bone-replacement-market.html

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer a cost-effective, one-stop solutions for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact
David Correa

5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com  
Follow Us on: LinkedIn Twitter


Primary Logo