By 2027, the global artificial bone market is expected to reach $1,916.0 million.



 Artificial bones are being developed using a range of synthetic polymers, natural polymers, and bioceramics, and their physiochemical role in vivo is being studied in clinical trials. Carbon-based bone materials, such as carbon nanotubes and graphene, have also been studied extensively as potential answers to a variety of biomedical issues. Carbon nanotubes (CNTs) have crucial electrical and mechanical properties that can be exploited in bone tissue engineering. Carbon nanotubes' electrical properties are utilized to trigger osteogenic differentiation in cells, and their mechanical qualities can be used to simulate the mechanical strength of bone.

Furthermore, the rising frequency of trauma and accidents around the world is increasing the prevalence of bone deterioration, which is likely to drive the artificial bone market forward during the forecast period. According to the Ohio State University, around 6.3 million occurrences of bone fractures occur in the United States each year. Fractures are also responsible for 16% of all musculoskeletal injuries.

In 2020, the global artificial bone market is expected to be worth US$ 1,308.2 million, growing at a CAGR of 5.6 percent over the forecast period (2020-2027)

Over the forecast period, the worldwide artificial bone market is expected to grow at a CAGR of 5.6 percent. This is due to a rise in the demand for bone grafts. Globally, over 2 million bone grafting procedures are performed each year, according to an article published in the Science Direct Journal in December 2017.

Over the forecast period, the artificial bone market is expected to rise due to increasing technological breakthroughs in artificial bones. For the manufacture of prosthetic bones, the new 3-D printing design is a comparably safer and effective method. Various research institutions are engaged in significant 3-D artificial bone design profiling research and development. For example, researchers from the University of British Columbia in Canada produced a new artificial bone design that can be tailored and made with a 3-D printer for stronger, safer, and highly effective bone replacements, according to data published in ScienceDaily Journal in August 2017.

Because of the rising demand for orthopedic procedures such as total hip replacement and total knee replacement in the region, North America is expected to dominate the global artificial bone market over the forecast period. According to the American Academy of Orthopedic Surgeons, total hip and total knee replacements in the United States are expected to reach 635,000 and 1.28 million, respectively, by 2030.

Johnson & Johnson (DePuy Synthes), Baxter International Inc., Medtronic Plc, Stryker Corporation, Orthofix International N.V., AlloSource, Inc., NuVasive, Inc., Smith & Nephew plc, DSM, Biomatlante, Curasan, Inc., and Zeacom Medical are some of the major players in the global artificial bone market.

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