Demineralized Bone Matrix Market, By Product Type, By Application, By End-use, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Demineralized Bone Matrix Market size was valued at USD 1,221 Million in 2023, expanding at a CAGR of 5.7% from 2024 to 2032.
Demineralized bone matrix (DBM) is simply an allograft bone in which the organic "collagen" matrix has been left intact after the inorganic mineral has been removed. The discovery that more physiologically active bone morphogenetic proteins are revealed when bone minerals are removed was made by Marshall Urist in 1965. These growth factors affect the development of progenitor cells into osteoprogenitor cells, which are in charge of creating new bone and cartilage. The demineralization technique makes DBM more physiologically active than demineralized bone grafts, but it also drastically reduces its mechanical qualities.
Demineralized Bone Matrix Market- Market Dynamics
Increasing number of accidents to propel market demand
The market is expanding as a result of an increase in trauma and car accident cases. As to the research by the World Health Organization, around 1.19 million individuals perish annually as a result of traffic accidents in 2023. In addition, 20 to 50 million individuals suffer non-fatal injuries each year, many of which result in disabilities. Furthermore, States and Union Territories (UTs) recorded a total of 4,61,312 road accidents in 2022, according to the Road Accidents in India report. 4,43,366 individuals were injured in these accidents, and 1,68,491 people lost their lives as a consequence. The number of injuries resulting from traffic accidents is rising, which is encouraging market expansion.
Demineralized Bone Matrix Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.7% over the forecast period (2024-2032)
Based on product type segmentation, the putty segment is expected to capture a significant market share during the forecast period
Based on the application segmentation, the spinal fusion segment held the largest market share in 2023
Based on end-use segmentation, the hospitals segment is expected to lead the market over the projected period
Based on region, North America was the leading revenue generator in 2023
Demineralized Bone Matrix Market- Segmentation Analysis:
The Global Demineralized Bone Matrix Market is segmented based on Product Type, Application, End-use, and Region.
Based on the product type, the market is categorized into Sponge, Paste, Putty, Fiber, Gel and Others. The Putty segment is expected to capture a significant market share during the forecast period. In comparison to conventional DBM forms like powders or pastes, the putty formulation offers superior moldability and flexibility, making it simpler to shape and mold during surgical procedures. This function expedites the surgical procedure, shortens the time spent during surgery, and streamlines the implantation process.
Based on the application, the market is divided into Joint Reconstruction, Dental, Spinal Fusion, Hand, Foot, and Ankle, Long Bone and Craniomaxillofacial. The Spinal Fusion held the largest market share in 2023 and is expected to continue the same pattern during the forecast period. due to the rising global incidence of spinal diseases and degenerative spine conditions. A study that was published in Springer Nature Limited states that the incidence of spinal degenerative illness is 27.3%, and that it seems to rise with age. Due to the fact that these illnesses usually need surgical treatments, where DBM usage is crucial, the market is expanding.
Based on the end-use, the industry is divided into Specialized Orthopedic Clinics, Outpatient Facilities, Hospitals and Ambulatory Surgical Centers. The hospitals segment is expected to lead the market over the projected period owing to large pool of patients and the presence of advanced technologies.
Demineralized Bone Matrix Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to lead the Demineralized Bone Matrix market during the forecast period because orthopedic diseases and musculoskeletal disorders are becoming more common in the area. The demineralized bone matrix market is expanding in the area due to a number of other variables, including the existence of several market participants, big collaborations and acquisitions among key businesses, and a rise in traffic accidents. For instance, a USA TODAY study estimates that 6,102,936 car accidents were recorded to the American police in 2021.
Demineralized Bone Matrix Market- Competitive Landscape:
The key players operating in the market are Globus Medical, SeaSpine, DePuy Synthes, Stryker, Arthrex Inc, Medtronic Plc, Zimmer Biomet, Berkeley Advanced Biomaterials, XTANT MEDICAL and LifeNet Health. To obtain access to new markets, market players are continuously pursuing a variety of strategic initiatives, including the creation of new products, funding and investments, mergers and acquisitions, and other strategic partnerships.
Recent Developments:
In September 2022, a novel demineralized bone matrix product was introduced by Umbra Applied Technologies Group Inc. subsidiary Ossifix Orthopedics.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL DEMINERALIZED BONE MATRIX MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Globus Medical
SeaSpine
DePuy Synthes
Stryker
Arthrex Inc
Medtronic Plc
Zimmer Biomet
Berkeley Advanced Biomaterials
XTANT MEDICAL
LifeNet Health
GLOBAL DEMINERALIZED BONE MATRIX MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032
Sponge
Paste
Putty
Fiber
Gel
Others
GLOBAL DEMINERALIZED BONE MATRIX MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Joint Reconstruction
Dental
Spinal Fusion
Hand, Foot, and Ankle
Long Bone
Craniomaxillofacial
GLOBAL DEMINERALIZED BONE MATRIX MARKET, BY END-USE- MARKET ANALYSIS, 2019 - 2032
Specialized Orthopedic Clinics
Outpatient Facilities
Hospitals
Ambulatory Surgical Centers
GLOBAL DEMINERALIZED BONE MATRIX MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1.Demineralized Bone Matrix Market Overview
1.1.Study Scope
1.2.Market Estimation Years
2.Executive Summary
2.1.Market Snippet
2.1.1.Demineralized Bone Matrix Market Snippet by Product Type
2.1.2.Demineralized Bone Matrix Market Snippet by Application
2.1.3.Demineralized Bone Matrix Market Snippet by End-use
2.1.4.Demineralized Bone Matrix Market Snippet by Country
2.1.5.Demineralized Bone Matrix Market Snippet by Region
2.2.Competitive Insights
3.Demineralized Bone Matrix Key Market Trends
3.1.Demineralized Bone Matrix Market Drivers
3.1.1.Impact Analysis of Market Drivers
3.2.Demineralized Bone Matrix Market Restraints
3.2.1.Impact Analysis of Market Restraints
3.3.Demineralized Bone Matrix Market Opportunities
3.4.Demineralized Bone Matrix Market Future Trends
4.Demineralized Bone Matrix Industry Study
4.1.PEST Analysis
4.2.Porter's Five Forces Analysis
4.3.Growth Prospect Mapping
4.4.Regulatory Framework Analysis
5.Demineralized Bone Matrix Market: COVID-19 Impact Analysis
5.1.Pre-COVID-19 Impact Analysis
5.2.Post-COVID-19 Impact Analysis
5.2.1.Top Performing Segments
5.2.2.Marginal Growth Segments
5.2.3.Top Looser Segments
5.2.4.Marginal Loss Segments
6.Demineralized Bone Matrix Market Landscape
6.1.Demineralized Bone Matrix Market Share Analysis, 2023
6.2.Breakdown Data, by Key Manufacturer
6.2.1.Established Players' Analysis
6.2.2.Emerging Players' Analysis
7.Demineralized Bone Matrix Market - By Product Type
7.1.Overview
7.1.1.Segment Share Analysis, By Product Type, 2023 & 2032 (%)
7.1.2.Sponge
7.1.3.Paste
7.1.4.Putty
7.1.5.Fiber
7.1.6.Gel
7.1.7.Others
8.Demineralized Bone Matrix Market - By Application
8.1.Overview
8.1.1.Segment Share Analysis, By Application, 2023 & 2032 (%)
8.1.2.Joint Reconstruction
8.1.3.Dental
8.1.4.Spinal Fusion
8.1.5.Hand, Foot, and Ankle
8.1.6.Long Bone
8.1.7.Craniomaxillofacial
9.Demineralized Bone Matrix Market - By End-use
9.1.Overview
9.1.1.Segment Share Analysis, By End-use, 2023 & 2032 (%)
9.1.2.Specialized Orthopedic Clinics
9.1.3.Outpatient Facilities
9.1.4.Hospitals
9.1.5.Ambulatory Surgical Centers
10.Demineralized Bone Matrix Market- By Geography
10.1.Introduction
10.1.1.Segment Share Analysis, By Geography, 2023 & 2032 (%)
10.2.North America
10.2.1.Overview
10.2.2.Demineralized Bone Matrix Key Manufacturers in North America
10.2.3.North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4.North America Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
10.2.5.North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.6.North America Market Size and Forecast, By End-use, 2019 - 2032 (US$ Million)