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Bone Morphogenetic Protein Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Bone

The “Bone Morphogenetic Protein Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Bone Morphogenetic Protein market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Bone Morphogenetic Protein market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The global bone morphogenetic protein market was valued at USD 604.5 million in 2018 and is estimated to be valued at USD 620.21 million in 2024, witnessing a CAGR of 2.5%. The key factors that are responsible for the growth of the market include the growth in the incidences of sports-related injuries, the growing demand for minimally invasive surgeries, and technological advancements that are being done in the field of the bone morphogenetic protein.
  • According to the Centre for Disease Control and Prevention, the number of people participating in sports is increasing across both developing and developed nations, and this is ultimately leading to an increased number of sports injuries. Approximately, 8.6 million individuals are getting injured during sports annually, as stated by the National Institute of Health (NIH). This accounts for 34.1 people per 1,000. Spinal injury is the most frequent injury that was seen among the injured population during NIH survey.
  • As the number of such sports-related injury is increasing, there is a growing demand for bone morphogenetic protein, as this protein helps people who need to obtain bone formation.

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    In Bone Morphogenetic Protein Market Report, Following Companies Are Covered:

  • DePuy Synthes
  • Ember therapeutics Inc.
  • Integra Lifesciences Holdings Corporation
  • Medtronic PLC
  • R&D Systems
  • Sigma Aldrich Corporation
  • Smith & Nephew, Inc.
  • Stryker Corporation
  • Thermo Fischer Scientific
  • Zimmer Biomet Holdings, Inc.

    Bone Morphogenetic Protein Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Bone morphogenetic proteins (BMPs) are signaling molecules and most are a part of the Transforming Growth Factor-? (TGF?) family of proteins. BMPs have an important role in bone and cartilage formation, and embryogenesis. This report includes a detailed analysis of the types and applications of bone morphogenetic proteins.

    Reasons for Buying Bone Morphogenetic Protein Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Spinal Fusion is Expected to Hold the Highest Market Share in the Application Segment

    In the application segment, spinal fusion is believed to have the largest market size.

    Bone morphogenetic protein (BMP) is a protein which stimulates the formation of bone in the body and it is widely used in the spinal fusion surgery. Studies have revealed that BMP is accepted widely to facilitate the fusion at the rate greater than that of traditional bone graft surgery. Due to this reason, BMP gives the surgeon the freedom to perform the surgery with the ease of the improved fusion rate, which avoids the complications of an iliac crest autograft (hip) graft harvest. When the hip graft is avoided, it shortens the amount of the time taken for surgery, and reduces complication rates, allowing for a quicker and less painful recovery time.

    With the rise in the number of spinal surgeries and the ease of surgery with the help of BMP, its application is increasing rapidly in spinal fusion surgery.

    North America Dominates the Market and Expected to do Same in the Forecast Period

    North America currently dominates the market and is expected to continue its stronghold for a few more years. A well-established healthcare system and the adoption of novel technologies in the region are the prime factors responsible for the growth of the market in this region.

    The US FDA approved the protein molecule called rhBMP-2 in 2002, which later became the preferred procedure for the surgeries associated with bone in the United States. As per the data published by the National Institute of Health, approximately 1.62 million spinal fusion surgeries are performed annually in the United States, which indicates that there is a great scope for the BMP usage in the country.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Bone Morphogenetic Protein create from those of established entities?

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    Detailed TOC of Bone Morphogenetic Protein Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Incidences of Sports-related Injury
    4.2.2 Rising Demand for Minimally Invasive Surgeries
    4.2.3 Technological Advancements
    4.3 Market Restraints
    4.3.1 High Cost of Procedure
    4.3.2 Alternative Treatment Availability
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Recombinant Human Bone Morphogenetic Protein (rhBMP) – 2
    5.1.2 Recombinant Human Bone Morphogenetic Protein (rhBMP) -7
    5.2 Application
    5.2.1 Spinal Fusion
    5.2.2 Trauma
    5.2.3 Reconstructive Surgery
    5.2.4 Oral-maxillofacial
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 DePuy Synthes
    6.1.2 Ember Therapeutics Inc.
    6.1.3 Integra Lifesciences Holdings Corporation
    6.1.4 Medtronic PLC
    6.1.5 R&D Systems
    6.1.6 Sigma Aldrich Corporation
    6.1.7 Smith & Nephew, Inc.
    6.1.8 Stryker Corporation
    6.1.9 Thermo Fischer Scientific
    6.1.10 Zimmer Biomet Holdings, Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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