Portland, OR, July 20, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global bone void fillers market generated USD 3.2 billion in 2021, and is projected to reach USD 7.3 billion by 2031, witnessing a CAGR of 8.5% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Rise in incidence of fracture & accidents, increase in geriatric population, increased inclination of patients toward minimally invasive & non-invasive surgical treatments, spike in demand for antibiotic eluting bone void fillers, rise in number of bone graft procedures, and surge in patients’ awareness toward use of bone void fillers drive the growth of the global bone void fillers market. However, the risks involved in the use of bone void fillers such as infection of soft tissue & bone and rupture of bone void fillers, and different clinical restrictions and poor penetration ability of bone void filling materials impede the growth of the market. Moreover, increase in prevalence of bone & spinal diseases and procedural benefits provided by bone void fillers in bone fracture treatment and orthopedic diseases are expected to generate potential opportunities for the market during the forecast period.
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