Global Bone Putty Market Size, Share and Trends Analysis Report, By Application (Orthopedic Surgery, Dental Surgery, and Spine Surgery) and By End-user (Hospitals, Ambulatory Surgical Centers, and Speciality Clinics) Forecast (2022-2028)
The global bone putty market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2022-2028). Bone putty is a waxy biomaterial used for the reduction of bleeding from bone or during bone surgeries. The major factor attributing to the growth of the global bone putty market is the increasing prevalence of musculoskeletal disorders. According to the World Health Organization (WHO), around 1.71 billion people are affected by musculoskeletal disorders globally. It is the largest contributor to disability across the globe. Patients with musculoskeletal disorders are rapidly increasing due to aging and are estimated to continue to increase during the forecast period. Musculoskeletal disorders affects the bones including osteoporosis, osteopenia, fragility fractures, and traumatic fractures. Thus, increasing the demand for bone putty during the treatment of such disorders will drive the market.
In addition, the increasing number of patients with oral disease and spine problems are also the reason for the increasing demand for bone putty during dental procedures and spine surgeries. According to a report published by WHO in March 2022, around 3.5 billion people are affected by oral diseases globally. Furthermore, the changing human lifestyle, including bad eating habits, lack of physical activities, long duration of sitting during work, and many others are the reason for increase spine problems, which is generating growth opportunities for the bone putty market.
The rising number of road traffic injuries across the globe is another factor having growth potential for the market. According to a report published by WHO in June 2021, the mortality of around 1.3 million people is caused due to road traffic crashes every year. The report also shows that around 20 to 50 million people suffer from non-fatal injuries that are treated in hospitals. Thus, the increasing number of road traffic injuries is expected to increase the demand for bone putty for the treatment.
Some major players in the market include Bonalive Biomaterials Ltd., NovaBone Products LLC, Artoss GmbH, Thommen Medical AG, and Zimmer Biomet, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in August 2020, SurGen Tec received clearance from the US Food and Drug Administration (FDA) for its OsteoFlo NanoPutty. OsteoFlo NanoPutty is a quadraphasic synthetic bone graft particle with nano surface technology. It offers several benefits including no requirement for mixing, reconstituting, or preparing before use, and can flow through tiny apertures in voids. Similarly, in January 2022, Nuvasive got clearance from the US FDA for expanding the use of its Attrax Putty in thoracolumbar interbody procedures. Attrax Putty is a bioactive, synthetic, and osteoconductive bone putty that drives bone fusion.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Application
- By End-user
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Bonalive Biomaterials Ltd., NovaBone Products LLC, Artoss GmbH, Thommen Medical AG, and Zimmer Biomet, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Bone Putty Market Report by Segment
By Application
- Orthopedic Surgery
- Dental Surgery
- Spine Surgery
By Distribution Channel
- Hospitals
- Ambulatory Surgical Centers
- Speciality Clinics
Global Bone Putty Market Report by Region
North America
- The United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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