Global Bone Harvester Market growing at a CAGR of 5.1% from 2023 to 2030
Category : Pharmaceuticals And Healthcare | Published Date : Jun 2023
Key Market Overview
The global Bone Harvester Market is expected to grow at a significant growth rate during the forecast period of 2023-2030. The Consegic Business Intelligence analyzes that the global bone harvester market is expected to reach USD 27,657.78 million in 2030, which was USD 18,593.69 million in 2022, and register a compound annual growth rate of 5.1%.
The report highlights the increasing prevalence of blood cancers, bone disorders, and bone fractures which are driving the market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the bone harvester market.
Global Bone Harvester Market By Overview
The bone harvester market is bifurcated into method, application, surgical type, and end-users. Based on method type, the market is segmented into cancellous bone harvesting, bone marrow aspirate, and others. In 2022, the bone marrow aspirate segment accounted for the highest market share in the bone harvester market. The application segment is categorized into fractures, fusion, bone repair, and others. In 2022, the bone repair segment accounted for the highest market share in the bone harvester market. Based on surgery type, the market is segmented into open surgery, minimally-invasive surgery, and others. In 2022, the open surgery segment accounted for the highest market share in the bone harvester market. The end-user segment is categorized into hospitals, ambulatory surgery centers, diagnostic centers, and others. In 2022, the hospital segment accounted for the highest market share in the bone harvester market.
Get Free SampleMarket Dynamics
Driver:
- Rising cases of bone fracture due to accidents and trauma injuries are boosting the demand for bone harvesters.
- The rising prevalence of bone disorders is propelling the growth of the bone harvester market.
Restraints:
- The high cost associated with orthopedic treatments is likely to hinder the demand for bone harvesters.
Market Segmentation:
| Report Attributes | Report Details |
| By Method | Cancellous Bone Harvesting, Bone Marrow Aspirate, and Others |
| By Application | Fractures, Fusion, Bone Repair, and Others |
| By Surgery Type | Open Surgery, Minimally-Invasive Surgery, and Others |
| By End-User | Hospitals, Ambulatory Surgery Centers, Diagnostic Centers, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Acumed LLC, Globus Medical, and Arthrex, Inc. have a strong market position in current market circumstances. Further, the bone harvester market is expected to witness significant growth in the coming years due to the increased incidence of bone disorders. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.
- Acumed LLC
- Globus Medical
- Arthrex, Inc.
- Paragon 28, Inc.
- Paradigm Biodevices Inc.
- Zimmer Biomet
- DePuy Synthes (Johnson & Johnson)
- Avitus Orthopaedics
- Trinity Orthopedics
- Wright Medical Group N.V.
- Stryker
- Biogennix, LLC.