PUBLISHER: Grand View Research | PRODUCT CODE: 1631185
PUBLISHER: Grand View Research | PRODUCT CODE: 1631185
The Asia Pacific bone grafts & substitutes market size is estimated to reach USD 1.06 billion by 2030, expanding at a CAGR of 8.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing the incidence of bone disorders due to road accidents and sports injuries is driving the market. Increasing demand for the development of biocompatible bone grafts in order to reduce adverse reaction is driving demand for synthetic grafts.
The industry players are continuously trying to develop new products with better biocompatibility, bioactivity, and suitable mechanical properties. For instance, in June 2019, Biogennix received 510(K) clearance from USFDA for Agilon, which is fully biocompatible with human bone. In August 2019, NanoFUSE biologics marked its presence in Thailand with FDA approved NanoFUSE biologics, a bioactive glass with a demineralized bone matrix.