According to a report by Persistence Market Research, a U.S.-based market intelligence firm, with expertise in healthcare, the bone grafts markets will expand.
Here are five things to know:
1. North America leads the global bone grafts market, with the U.S. dominating the region. Germany, Italy, United Kingdom and France lead Europe's market. These countries all have ample awareness of bone grafting procedures.
2. Due to increasing awareness about bone regeneration, the bone grafts markets in Japan, China and India will experience the fastest growth in the next five years.
3. Aging populations, increasing spinal fusion surgeries and the rise of periodontal diseases all contribute to the expanding global bone grafts market, according to the report.
4. Regulations, costs and unfavorable reimbursement policies surrounding the bone grafts surgeries serve as obstacles to the growing market.
5. Trends in the global bone grafts market reflect quick product launches and more mergers and acquisitions between bone graft systems and manufacturing companies.
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