Bone Putty Market Strategies, Trends, and Forecast - 2031
The Bone Putty Market is expected to register a CAGR of 7.0% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents an analysis based on by application (orthopedic surgery, dental surgery). The report further provides analysis based on end user (hospitals, specialty clinics, ambulatory surgical centres). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Bone Putty Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Bone Putty Market Segmentation
Application- Orthopedic Surgery
- Dental Surgery
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centres
Strategic Insights
Bone Putty Market Growth Drivers- Rising Orthopedic Procedures: Many orthopedic surgeries such as joint replacements and fracture repairs are becoming more common and all of these procedures require bone putty. With the increasing number of patients undergoing bone-related surgeries, bone regeneration putty becomes more and more essential in order to improve the success of the surgery..
- Aging Population: The global aging population is experiencing a higher incidence of bone-related conditions, such as osteoporosis and fractures. This demographic shift results in increased demand for bone repair solutions, including bone putty, as older adults require more orthopedic interventions to maintain mobility and quality of life.
- Rising Sports Injuries: The growing participation in sports and physical activities has led to an increase in sports-related injuries, particularly fractures and soft tissue damage. As a result, there is a heightened need for effective bone regeneration products like bone putty, driving market expansion in both athletic and recreational contexts.
- Innovative Biomaterials: The bone putty market is experiencing a growth in new biomaterials that increase the osteoconductivity and allow for quicker healing. These "smart materials" (bioactive glass and calcium phosphate) are meant to emulate the characteristics of real bone, and in doing so would allow for better integration and success in the orthopedic surgery.
- Minimally Invasive Techniques: Orthopedics is another field that is gradually moving towards minimally invasive surgical techniques and bone putty is a good way of repairing bone. These methods allow for shorter recovery times, less scarring, and fewer complications, and thus are more and more preferred by doctors and patients, which in turn propels the market's expansion.
- Regenerative Medicine Integration: Regenerative medicine is a growing field, especially when applied to bone putty. Clinicians hope to improve bone regeneration and repair by using bone putty with stem cells or growth factors. This method will change the way doctors treat patients and should lead to better results in orthopedic surgery.
- Creation of Combination Products: The development of combination products combining bone putty with growth factors stem cells may improve healing and enhance bone regeneration. Such innovative approaches will sell in the market, as they will seek to resolve the challenge of more complicated orthopedic cases and extend the range of available products.
- Increased Research Funding: Rising investment in orthopedic R&D creates avenues for bone putty business building cooperation with research activities. Such cooperation with universities and funding bodies helps advance new product formulations and application development, creating new opportunities and improving the structure of this market.
- The emergence of minimally invasive techniques: Due to the increasing knowledge of minimally invasive surgical methods, there are more options for the utilization of bone putty. With the increase in patient specific therapies that are aimed at minimizing postoperative recovery durations complications, the desire for more specific designs of bone putty that endorse these praxes in orthopedic surgery is increasing.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Bone Putty Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Bone Putty Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
DePuy Synthes, Johnson & Johnson Services Inc, RTI Surgical Holdings Inc, Artoss Inc, Synergy Biomedical LLC, NovaBone Products LLC, BonAlive Biomaterials Ltd, Berkeley Advanced Biomaterials Inc, Thommen Medical, Abyrx Inc are some fo the major market players operating in the market.
The orthopedic surgery segment accounts for highest revenue in application sgement in 2023.
Asia Pacific region dominated the bone putty market in 2023
North America region dominated the bone putty market in 2023
The Bone Putty Market is estimated to witness a CAGR of 7.0% from 2023 to 2031
The major factors driving the bone putty market are:
1. Rising Orthopedic Procedures
2. Aging Population
3. Rising Sports Injuries
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Bone Putty Market - By Application
1.3.2 Bone Putty Market - By End User
1.3.3 Bone Putty Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BONE PUTTY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BONE PUTTY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BONE PUTTY MARKET - GLOBAL MARKET ANALYSIS
6.1. BONE PUTTY - GLOBAL MARKET OVERVIEW
6.2. BONE PUTTY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BONE PUTTY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. ORTHOPEDIC SURGERY
7.3.1. Overview
7.3.2. Orthopedic Surgery Market Forecast and Analysis
7.4. DENTAL SURGERY
7.4.1. Overview
7.4.2. Dental Surgery Market Forecast and Analysis
8. BONE PUTTY MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. SPECIALTY CLINICS
8.4.1. Overview
8.4.2. Specialty Clinics Market Forecast and Analysis
8.5. AMBULATORY SURGICAL CENTRES
8.5.1. Overview
8.5.2. Ambulatory Surgical Centres Market Forecast and Analysis
9. BONE PUTTY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Bone Putty Market Overview
9.1.2 North America Bone Putty Market Forecasts and Analysis
9.1.3 North America Bone Putty Market Forecasts and Analysis - By Application
9.1.4 North America Bone Putty Market Forecasts and Analysis - By End User
9.1.5 North America Bone Putty Market Forecasts and Analysis - By Countries
9.1.5.1 United States Bone Putty Market
9.1.5.1.1 United States Bone Putty Market by Application
9.1.5.1.2 United States Bone Putty Market by End User
9.1.5.2 Canada Bone Putty Market
9.1.5.2.1 Canada Bone Putty Market by Application
9.1.5.2.2 Canada Bone Putty Market by End User
9.1.5.3 Mexico Bone Putty Market
9.1.5.3.1 Mexico Bone Putty Market by Application
9.1.5.3.2 Mexico Bone Putty Market by End User
9.2. EUROPE
9.2.1 Europe Bone Putty Market Overview
9.2.2 Europe Bone Putty Market Forecasts and Analysis
9.2.3 Europe Bone Putty Market Forecasts and Analysis - By Application
9.2.4 Europe Bone Putty Market Forecasts and Analysis - By End User
9.2.5 Europe Bone Putty Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Bone Putty Market
9.2.5.1.1 Germany Bone Putty Market by Application
9.2.5.1.2 Germany Bone Putty Market by End User
9.2.5.2 France Bone Putty Market
9.2.5.2.1 France Bone Putty Market by Application
9.2.5.2.2 France Bone Putty Market by End User
9.2.5.3 Italy Bone Putty Market
9.2.5.3.1 Italy Bone Putty Market by Application
9.2.5.3.2 Italy Bone Putty Market by End User
9.2.5.4 Spain Bone Putty Market
9.2.5.4.1 Spain Bone Putty Market by Application
9.2.5.4.2 Spain Bone Putty Market by End User
9.2.5.5 United Kingdom Bone Putty Market
9.2.5.5.1 United Kingdom Bone Putty Market by Application
9.2.5.5.2 United Kingdom Bone Putty Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Bone Putty Market Overview
9.3.2 Asia-Pacific Bone Putty Market Forecasts and Analysis
9.3.3 Asia-Pacific Bone Putty Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Bone Putty Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Bone Putty Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Bone Putty Market
9.3.5.1.1 Australia Bone Putty Market by Application
9.3.5.1.2 Australia Bone Putty Market by End User
9.3.5.2 China Bone Putty Market
9.3.5.2.1 China Bone Putty Market by Application
9.3.5.2.2 China Bone Putty Market by End User
9.3.5.3 India Bone Putty Market
9.3.5.3.1 India Bone Putty Market by Application
9.3.5.3.2 India Bone Putty Market by End User
9.3.5.4 Japan Bone Putty Market
9.3.5.4.1 Japan Bone Putty Market by Application
9.3.5.4.2 Japan Bone Putty Market by End User
9.3.5.5 South Korea Bone Putty Market
9.3.5.5.1 South Korea Bone Putty Market by Application
9.3.5.5.2 South Korea Bone Putty Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Bone Putty Market Overview
9.4.2 Middle East and Africa Bone Putty Market Forecasts and Analysis
9.4.3 Middle East and Africa Bone Putty Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Bone Putty Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Bone Putty Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Bone Putty Market
9.4.5.1.1 South Africa Bone Putty Market by Application
9.4.5.1.2 South Africa Bone Putty Market by End User
9.4.5.2 Saudi Arabia Bone Putty Market
9.4.5.2.1 Saudi Arabia Bone Putty Market by Application
9.4.5.2.2 Saudi Arabia Bone Putty Market by End User
9.4.5.3 U.A.E Bone Putty Market
9.4.5.3.1 U.A.E Bone Putty Market by Application
9.4.5.3.2 U.A.E Bone Putty Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Bone Putty Market Overview
9.5.2 South and Central America Bone Putty Market Forecasts and Analysis
9.5.3 South and Central America Bone Putty Market Forecasts and Analysis - By Application
9.5.4 South and Central America Bone Putty Market Forecasts and Analysis - By End User
9.5.5 South and Central America Bone Putty Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Bone Putty Market
9.5.5.1.1 Brazil Bone Putty Market by Application
9.5.5.1.2 Brazil Bone Putty Market by End User
9.5.5.2 Argentina Bone Putty Market
9.5.5.2.1 Argentina Bone Putty Market by Application
9.5.5.2.2 Argentina Bone Putty Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BONE PUTTY MARKET, KEY COMPANY PROFILES
11.1. DEPUY SYNTHES (JOHNSON AND JOHNSON SERVICES INC)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. RTI SURGICAL HOLDINGS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARTOSS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SYNERGY BIOMEDICAL, LLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NOVABONE PRODUCTS, LLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BONALIVE BIOMATERIALS LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BERKELEY ADVANCED BIOMATERIALS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THOMMEN MEDICAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ABYRX, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MTF BIOLOGICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. DePuy Synthes (Johnson and Johnson Services Inc)
2. RTI Surgical Holdings, Inc.
3. Artoss, Inc.
4. Synergy Biomedical, LLC
5. NovaBone Products, LLC
6. BonAlive Biomaterials Ltd.
7. Berkeley Advanced Biomaterials Inc.
8. Thommen Medical
9. Abyrx, Inc.
10. MTF Biologics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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