Bone Graft Substitutes Market to Reach Valuation of USD 3.8 Billion by 2028 – Rising Industry Player’s Investment in the Development of Advance Product Drives the Market

In terms of revenue, the Global Bone Graft Substitutes Market is expected to reach USD 3.8 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.80% from 2022 to 2028.

The rapid surge in a console applications and increasing demand for video games in the young population is likely to boost the growth of the Bone Graft Substitutes Market in recent days. In addition, increasing initiatives taken by various industry players because of their ease of operation and cost benefits are expected to witness maximum growth for the Bone Graft Substitutes Market over the projected time period.

Key Highlights from Report:

· The Gaming Console segment is likely to hold the growth of the Bone Graft Substitutes Market in 2021. This growth is accounted owing to the less popularity of computer gaming over time. In addition, these devices are easily affordable and low in price which is the reason for the segmental growth of the Bone Graft Substitutes Market.

· The Video Streaming segment is anticipated to grow at the highest rate during the forecast period. Video streaming is becoming increasingly popular since it eliminates the need for additional hardware devices. As a result, companies have expanded their attention to developing systems that deliver a better gaming experience, propelling the worldwide Bone Graft Substitutes industry.

· North America is accounted to have the largest growth of the Bone Graft Substitutes Market during the forecast period. The increasing economic and gaming population is the main reason for the regional growth of the Bone Graft Substitutes Market.

Market Dynamics:

Increasing technological advancement and rising investment of leading manufacturers in their strategic development are some key parameters contributing to the growth of the Bone Graft Substitutes Market in coming years. In addition, the leading companies are focusing more on creating new online gaming solutions to advance the gaming experience, which in turn, is expected to propel the growth of the Bone Graft Substitutes Market in projected years. For instance, NVIDIA Corporation, an American multinational technology company, teamed up with Electronic Arts Inc., an American video game company, to increase the game portfolio on GeForce NOW's gaming platform.

North America is anticipated to have potential growth in the Bone Graft Substitutes Market in 2021. The increasing online gaming solutions demand, increase in adoption of cloud technologies, and the sufficient availability of internet infrastructure are some factors projected to fuel the development of the Bone Graft Substitutes regional market during the forecast period. In addition, the increasing gaming population in this region is also expected to bolster the growth of the Bone Graft Substitutes Market during the forecast period.

The Global Bone Graft Substitutes Market is Segmented as follows:

• Material Type
  • Allograft
  • Synthetic
  • Composites
  • Polymers
  • Bone Morphogenic Proteins (BMP)
• Application
  • Craniomaxillofacial
  • Dental
  • Foot & Ankle
  • Joint Reconstruction
  • Long Bone
  • Spinal Fusion
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

A list of the Key Players of the Global Bone Graft Substitutes Market is:

Allo Source, Baxter, DePuy Synthes Inc., Medtronic, Nuvasive Inc., Orthofix Holdings Inc., Smith & Nephew Inc., Stryker Corporation, Wright Medical Group N.V., OST Development, Zimmer Biomet, Geistlich Pharma AG, TBF Tissue Engineering, Biobank

The Global Bone Graft Substitutes Market Scope can be Tabulated as below: