Global bone drafts and substitutes market to grow by $1.71b until 2028

By product, the xenograft segment is expected to drive market growth within the forecast period.

The global market for bone grafts and substitutes is projected to grow by $1.71b from 2028 at an estimated compound annual growth rate (CAGR) of 9.45%.

A report by Technavio revealed that the market is driven by the rising demand for bone repair and regeneration solutions amidst the growing prevalence of bone diseases and injuries, and advancements in technology.

“Allografts, a type of bone graft, are gaining popularity due to their availability and ease of use,” The report said.

Meanwhile, artificial substitutes, such as hydroxyapatite and tricalcium phosphate, serve as a market trend due to advantages including better integration and reduced risk of disease transmission.

By product, the xenograft segment is expected to significantly drive the market due to a rising prevalence of knee and hip injuries, advancements like 3D-printed implants, and new product launches.

“Additionally, xenografts are extensively utilised in research and development due to their ability to create microenvironments mimicking tumours' physiological and pathological conditions,” The report added.