PUBLISHER: 360iResearch | PRODUCT CODE: 1499413
PUBLISHER: 360iResearch | PRODUCT CODE: 1499413
[182 Pages Report] The Dental Bone Grafts & Substitutes Market size was estimated at USD 1.14 billion in 2023 and expected to reach USD 1.22 billion in 2024, at a CAGR 7.29% to reach USD 1.87 billion by 2030.
The dental bone grafts & substitutes include products and materials operated in dental surgery to stimulate bone growth and facilitate bone regeneration in areas with bone loss or deficiency. The source for the material of these products can be human bone, animal bone and synthetic material. Rising incidences of periodontal diseases, tooth loss, and oral ailments drive the need for bone graft procedures for the aged and adult population across the globe. Increased awareness about oral hygiene and aesthetic concerns also spur market growth. However, high cost associated with the grafts and substitutes can be prohibitive for patients. Additionally, limited coverage of dental procedures in the insurance sector restricts the spread of the market. Innovations in tissue engineering and regenerative medicine are helping in enhancing graft material options and procedures. In addition, rising incorporation of 3D printing and AI is creating new opportunity for the development of grafts and substitutes in the upcoming years.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 1.14 billion |
Estimated Year [2024] | USD 1.22 billion |
Forecast Year [2030] | USD 1.87 billion |
CAGR (%) | 7.29% |
Regional Insights
The Americas have a sufficient market for dental bone grafts and substitutes due to the prevalence of the increased aged population, awareness about health, and preference for minimally invasive surgeries. Investments primarily focused on biomaterial research and the development of synthetic alternatives to reduce dependency on human and animal-derived products expanded the market in the region. In European countries, well-established healthcare systems and high medical device standards support the market's growth. Similarly, the stringent regulatory environment of the European Union ensures that products are safe and effective, influencing consumer confidence in newer technologies. The Middle East is experiencing growth in the dental bone grafts market due to increasing medical tourism and improving healthcare infrastructure. African regions have slow emerging healthcare sectors with new investments in technological advancements, which can be a potential element for the growth of the market. In the APAC region, increased population growth, growing governmental support for healthcare, and an aged population's preferences for minimally invasive surgeries paved the way for the spread of the market in countries such as Japan, China, and India.
Market Insights
The market dynamics represent an ever-changing landscape of the Dental Bone Grafts & Substitutes Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Dental Bone Grafts & Substitutes Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Dental Bone Grafts & Substitutes Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
ZimVie Inc. Expanded Dental Implant Solutions in Japan with Launch of TSX Implant
ZimVie Inc., a life sciences company in dental and spine solutions, announced the release of the TSX Implant in Japan. The TSX Implant, known for its suitability for immediate use post-extraction and effectiveness in both soft and dense bone. The implant has features such as peri-implant health, consistent bone maintenance at the crestal level, durable osseointegration, and prosthetic stability. [Published On: 2024-02-07]
Innovations in Bone Healing as Renovos Biologics Limited BMP-2 Gained FDA Recognition
Renovos Biologics Limited has received FDA approval for Renovite BMP-2, a cutting-edge synthetic nanoclay gel infused with bone morphogenic protein 2 (BMP-2). Renovite BMP-2 serves as an alternative to traditional bone grafts, facilitating precise and targeted bone regeneration while preventing BMP-2 leakage. The gel is formulated to degrade naturally as new bone tissue forms, enhancing safety and efficacy. [Published On: 2024-01-04]
Strategic Expansion in Bone Regeneration Technologies as Biocomposites Ltd. Acquired Artoss, Inc.
Artoss, Inc., a company in advanced bone graft substitutes employing its unique NanoBone technology acquired by Biocomposites Ltd. company officials highlighted this acquisition as pivotal, enhancing their portfolio with innovative, ready-to-use products and strengthening their position in bone regeneration and infection management solutions in orthopedic care. [Published On: 2023-06-14]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Dental Bone Grafts & Substitutes Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Dental Bone Grafts & Substitutes Market, highlighting leading vendors and their innovative profiles. These include AlloSource, Baxter International Inc., BioHorizons, Inc, botiss biomaterials GmbH, Collagen Matrix, Inc., Dentium Co., Ltd, Dentsply Sirona, Geistlich Pharma AG, Hannox International Corp., immer Biomet Holdings, Inc., Institut Straumann AG, Integra LifeSciences Corporation, Johnson & Johnson, LIFENET HEALTH, INC., Maxigen Biotech Inc., Medtronic PLC, NovaBone Products, LLC by Halma plc, Orthofix Medical Inc., Osteogenics Biomedical, Inc., RTI Surgical, Inc., Stryker, and ZimVie Inc..
Market Segmentation & Coverage
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