Global Bone Void Fillers Market is valued at $3.5 billon (2022) and is growing at a CAGR of 6%
A bone void is a cavity in bone that results from a failure of the bone's self- healing process. Healthy bone tissue can be lost or damaged as a result of infection, trauma, tumors or orthopaedic procedures. A bone void filler/graft is a material used to fill a bone defect or a void to correct these conditions. Bony voids can be filled using autografts, allografts, and synthetic grafts.
Increasing number of bone fractures and people suffering from orthopaedic disorders set to drive the growth of bone void fillers market
As
the global population ages, the number of people suffering from orthopaedic
disorders is rising. In United States, 1.5 million people are diagnosed with osteoporosis
each year. Further, according to International Osteoporosis Foundation, the
number of osteoporotic fractures in Europe (EU27, Switzerland and the UK) would
grow by 25% and reach 5.3 million in 2034 from 4.3 million in 2019. The
growing number of fractures and orthopaedic population would propel the demand
for bone void fillers.
Advanced market products such as antibiotics-based bone void fillers to offer new growth
opportunities in Bone Void Fillers Market
Infection is a major problem after orthopaedic procedures and may lead to serious consequences. Owing to this, key players are focusing on launching bone void fillers formulated in combination with antibiotics. In June 2021, Elute, Inc. received authorization from the US FDA to use its EP Granules with Tobramycin in clinical trial. The product is a resorbable bone void filler that delivers a broad-spectrum antibiotic in a local and targeted manner in the surgical treatment of bone infections following hip or knee replacements.
Geographic Snapshot: North America leads the adoption of Bone Void Fillers Market
From
a geographic perspective, North America has a major market share of global bone
void fillers market. This is mainly attributed to the large number of orthopaedic
procedures, growing aging population, and relatively higher penetration of bone
void filling products in the region.
Competitive
Landscape Analysis: Global Bone Void Fillers Market
Some leading market players operating in the global bone void filler market are Medtronic,
Graftys, DePuy Synthes Companies (JnJ), Stryker, Baxter, bioventus, Orthofix, Bone
Solutions Inc., Curasan, Inc., Olympus Terumo Biomaterials Corporation, Biocomposites,
Arthrex, Zimmer Biomet, Collagen Matrix, Bonesupport AB, among others.
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