Latin America Bone Graft And Substitutes Market
A bone graft repairs and rebuilds diseased bone and transplants bone tissues of the hips, knees, spine, and various other bones in the body. Moreover, it repairs bone loss caused by fractures and cancers. The body accepts the newly implanted graft and provides a framework for growth of new living bone. Bone grafts can be obtained either from the patient’s own body, a donor or can be entirely man-made from natural or synthetic materials. Autografts and allograft are the most common types of bone grafts. In allograft, bone is obtained from a deceased donor or a cadaver that is sterilized and stored in the tissue or bone banks. In autografts, bone is obtained from the patient’s own body parts such as ribs, pelvis, wrist, and hips. Furthermore, bone graft substitutes made up of materials such as ceramics and polymers are gaining preference. This is owing to osteoconductive and osteogenerative properties and easy availability of these grafts.
Market Dynamics
Latin America bone graft and substitutes market is expected to witness significant growth over the forecast period, owing to increasing adoption of new technologies by manufacturers to develop novel bone graft substitutes. For instance, in March 2015, Osiris Therapeutics, Inc., a company based in Columbia, Maryland, introduced BIO4. BIO4 is a viable bone matrix containing endogenous bone forming cells including mesenchymal stem cells, osteoprogenitor cells, osteoblasts, osteoinductive, and angiogenic growth factors. BIO4 has all four characteristics involved in bone repair and regeneration including osteoconductive, osteoinductive, osteogenic, and angiogenic characteristics. It is a safe alternative to bone autograft that minimizes the potential for harvest site co-morbidities.
Furthermore, demand for implants possessing enhanced porosity, mechanical strength as well as biocompatibility is increasing, which in turn is expected to drive the market growth. One such parameter can be fulfilled through the use of bioactive glass in the implants that helps to improve mechanical integrity of graft substitutes. Thus, market players focusing on biocompatibility of implants providing sufficient mechanical integrity, have potential opportunity to capitalize upon this area and generate significant revenue over the forecast period.
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Detailed Segmentation:
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Table of Contents
*Browse 16 market data tables and 18 figures on “Latin America Bone Graft and Substitutes Market” – Country Specific forecast to 2026”.
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