Global Demineralized Bone Matrix Market 2024: By Size and Share, Technology, Drivers and Strains-Trends and Forecast to 2031

Posted 2024-07-16 14:53:13 · 291 Views

The Demineralized Bone Matrix (DBM) Market was valued at USD 1.29 billion in 2023 and is projected to reach USD 2.04 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2024 to 2031.

The Demineralized Bone Matrix (DBM) Market, valued at USD 1.29 billion in 2023, is projected to grow significantly, reaching USD 2.04 billion by 2031, with a compound annual growth rate (CAGR) of 5.9% over the forecast period from 2024 to 2031. This growth is primarily driven by increasing incidences of orthopedic disorders and spinal injuries, along with the rising demand for advanced bone grafting materials in surgeries. DBM, known for its osteoinductive properties, is gaining traction as a preferred material in bone regeneration procedures, further propelling market expansion.

Technological advancements in DBM preparation and application are also contributing to market growth. Innovations that enhance the efficacy, safety, and ease of use of DBM products are encouraging their adoption in various orthopedic and dental procedures. Additionally, growing awareness about the benefits of DBM, such as reduced recovery times and improved surgical outcomes, is driving demand across hospitals, specialty clinics, and ambulatory surgical centers globally.

North America currently holds a significant share of the DBM market due to its well-established healthcare infrastructure, high prevalence of orthopedic conditions, and substantial investments in research and development. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by improving healthcare facilities, increasing healthcare expenditures, and rising awareness about advanced bone grafting materials. As the demand for effective and advanced bone regeneration solutions continues to rise, the DBM market is poised for robust growth and innovation in the coming years.

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Market Dynamics

Increasing Orthopedic Surgeries: Growing number of orthopedic procedures and surgeries drive demand for DBM as a bone graft substitute.
Advancements in Medical Technology: Technological innovations in bone grafting materials and surgical techniques enhance market growth.
Rising Geriatric Population: Higher incidence of bone-related disorders among elderly population supports market expansion.
Regulatory Support: Favorable regulatory frameworks promoting safe and effective use of DBM in medical applications boost market adoption.

Key Players

Medtronic plc
Johnson & Johnson Services, Inc. (DePuy Synthes)
Zimmer Biomet Holdings, Inc.
Stryker Corporation
SeaSpine Holdings Corporation
RTI Surgical Holdings, Inc.
NuVasive, Inc.
Kuros Biosciences AG
Orthofix Medical Inc.
MTF Biologics

Key Segments Covered in DBM Market:

By Form:

Gel
Putty
Paste
Others

By Application:

Spinal Fusion
Trauma
Orthopedic Surgery
Others

By End User:

Hospitals
Ambulatory Surgical Centers
Orthopedic Clinics
Others

Segment Analysis

Spinal Fusion application segment dominates the market due to increasing prevalence of spinal disorders and surgeries.
Hospitals hold the largest share among end users, attributed to high patient inflow and advanced surgical facilities.

Recent Developments

In January 2023, Medtronic launched a new DBM gel formulation designed for improved handling and surgical outcomes in orthopedic procedures.
In August 2022, Zimmer Biomet introduced a next-generation DBM putty with enhanced biocompatibility and osteoinductive properties.

Regional Analysis

North America led the market in 2023, driven by robust healthcare infrastructure, high incidence of orthopedic disorders, and extensive R&D activities.
Europe follows closely, supported by increasing geriatric population and rising investments in healthcare.

Key Takeaways

The DBM Market growth is driven by rising demand for bone graft substitutes in orthopedic surgeries and spinal fusion procedures.
Technological advancements and product innovations enhance efficacy and safety of DBM, fostering market expansion.
North America and Europe are key markets, while Asia-Pacific presents lucrative opportunities due to improving healthcare infrastructure and rising adoption of advanced medical treatments.

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