September 15, 2024
Bone Graft Harvester Market

Bone Graft Harvester Market is booming for its ability to accelerate bone healing

Bone graft harvesters are surgical instruments used to obtain bone grafts from the patients own body for use in orthopedic or dental procedures. Bone grafts can be used to fuse bones or replace missing bone. They have advanced healing capabilities and help integrate with the native bone over time. Bone graft harvesters offer minimal invasive surgery and faster recovery compared to traditional bone grafting approaches. The use of autografts harvested with these devices avoids immunological rejection and has superior osteogenic, osteoinductive, and osteoconductive properties.

The Global Bone Graft Harvester Market Demand is driven by rising incidence of trauma injuries and degenerative bone diseases. Bone grafts are widely utilized in spinal fusion surgeries, joint reconstruction, maxillofacial and dental procedures. According to the National Osteoporosis Foundation, over 53 million Americans are impacted by osteoporosis and low bone mass. With an aging global population, the demand for bone graft substitutes and bone graft harvesting devices is growing steadily.

The global bone graft harvester market size is estimated to be valued at US$ 14.10 Bn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the bone graft harvester market are Arthrex, Acumed, Globus Medical, Zimmer Biomet, Paragon, Paradigm BioDevices Inc., Anthogyr SAS, Avitus Orthopaedics, A. Titan Instruments, Vilex, Medtronic PLC, Dentsply Sirona, Johnson ; Johnson, Institut Straumann AG, Geistlich Pharma, LifeNet Health, Collagen Matrix Inc., Wright Medical Group NV, ZimVie Inc., Botiss biomaterials GmbH. Arthrex dominated the market with their Pinnacle bone graft harvester system.

The rising incidence of musculoskeletal conditions along with an increase in traumatic injuries have boosted demand for bone grafting procedures. According to the International Osteoporosis Foundation, over 1.5 million fractures are attributable to osteoporosis annually in the European Union, USA and Japan. This rising disease burden will drive the adoption of bone graft harvesters.

Companies are expanding their geographic presence into Asia Pacific, Middle East, Latin America and Africa to tap the high potential markets. Emerging countries have shown rapid infrastructure development and growing healthcare spending, positively impacting the bone graft harvester devices market. Partnerships with hospitals and participation in trade shows will boost awareness and sales internationally.

Market key trends

Consolidation through mergers and acquisitions is frequent in the bone graft harvester market. Major players seek to expand their device portfolio and strengthen global distribution networks via acquisitions. 3D printing technology is gaining traction in the customized bone graft market. Players are investing in research and development of bioengineered bone grafts that can replicate natural bone microarchitecture. The rising popularity of minimally invasive surgeries will boost demand for small bone harvester devices that cause less tissue damage and deliver faster recovery times.

Porter’s Analysis

Threat of new entrants: Bone graft harvesting is a technically complex procedure and requires expertise to perform safely and effectively. The high costs associated with proper training increase barriers to entry in this market.

Bargaining power of buyers: Individual consumers have relatively low bargaining power as they depend on the expertise of medical professionals to treat bone defects. Large group purchasers like hospitals can negotiate on pricing and contracts to get slightly better terms.

Bargaining power of suppliers: Key technology and knowledge players hold some power over pricing and contracts to supply proprietary harvesting devices, grafts, and surgical techniques to medical practices and hospitals.

Threat of new substitutes: Some alternative therapies exist for bone repair like tissue scaffolding but bone grafts derived from the patient remain the gold standard due to superior performance. This reduces risk from substitutes.

Competitive rivalry: major players compete on technology and technique to offer most effective harvesting and grafting solutions.

Geographical regions

North America accounts for the largest share of the bone graft harvester market in terms of value due to rising incidence of bone injuries, burn cases and easy regulatory clearance for new products.

Asia Pacific region is poised to grow at the fastest pace during the forecast period due to increasing medical tourism, rising disposable incomes, growth in aging population and greater awareness about bone graft procedures for fractures and dental applications. Increased access to healthcare and penetration of major players will support market expansion in countries like China, India and South Korea.

*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.

About Author - Ravina Pandya
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Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

About Author - Ravina Pandya

Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

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