Bone Harvester Market - Size, Industry Share, Growth Trends and Forecasts (2023 - 2030)

By Method :

The method segment is categorized into cancellous bone harvesting, bone marrow aspirate, and others. In 2022, the bone marrow aspirate segment accounted for the highest bone harvester market share of 43.50% in the overall market and is expected to grow at the fastest CAGR during the forecast period. In a bone marrow aspiration, a thin needle is used to remove a small amount of liquid bone marrow, usually from the pelvis. Assessment of market trends concludes that bone marrow aspiration ensures the bone marrow is healthy and produces a normal amount of blood cells. Such type of a method is used to diagnose several conditions including anemia, blood cell conditions, and blood cancer, among others. For instance, according to the statistics published by the National Cancer Institute, in 2020, an estimated 490,875 people were living with leukemia (blood cancer) in the U.S. Hence, this increasing prevalence of blood cancer is expected to proliferate the growth of bone marrow aspiration and marrow biopsy for diagnosis and monitoring of blood diseases.

By Application :

The application segment is divided into fractures, fusion, bone repair, and others. In 2022, the bone repair segment accounted for the highest bone harvester market share. Osteoarthritis is a degenerative disease resulting in chronic pain. Osteoarthritis can degrade cartilage, cause inflammation, and change bone shape resulting in stiffness, pain, and loss of mobility. Such type of bone disorders results in bone repair. Analysis of market trends indicates that bone grafts are considered the gold standard for bone repair because they have excellent biocompatibility and potential for bone regeneration.

For instance, according to the Osteoarthritis (OA) Action Alliance, osteoarthritis (OA) is the most common form of arthritis, affecting 32.5 million adults in the U.S. and 62% of individuals with osteoarthritis are women. Hence, the rising cases of osteoarthritis are driving the need for bone repair which is further increasing the bone harvester market growth.

Analysis of market trends predicts that the bone fracture segment is expected to grow at the fastest CAGR over the forecast period. A bone fracture occurs due to the minimal trauma injury resulting from certain medical conditions that weaken the bones such as osteoporosis, osteopenia, osteopenia, and bone cancer. The rising prevalence of such bone disorders is expected to increase the demand for harvesters to perform efficient orthopedic surgery to repair and rebuild diseased or damaged bones.

By Surgery Type :

The surgery type segment is categorized into open surgery, minimally-invasive surgery, and others. In 2022, the open surgery segment accounted for the largest market share in the market. Open surgery requires a sufficient length of incision to allow the surgeon to place retractors and visualize the bone. Such type of surgery has a few disadvantages such as longer recovery time, lengthy incisions and retraction, and high complication rates.

Analysis of market trends predicts that the minimally invasive surgery segment is expected to grow at the fastest CAGR over the forecast period. Minimally invasive is a laparoscopic surgery that involves multiple small incisions to perform a surgical procedure. These smaller incisions offer benefits such as a lower risk of bleeding and decreased infection rates compared to open surgery. For instance, Trinity Orthopedics launched COREX a revolutionary, minimally invasive bone harvester made to simplify and streamline the harvesting process. Such types of devices allow for reduced operative time, efficient cancellous bone extraction, and zero infection rates which are the key factor expected to significantly boost the bone harvester market growth.

By End-User :

The end-user segment is classified into hospitals, ambulatory surgery centers, diagnostic centers, and others. In 2022, the hospital segment accounted for the highest market share and is also expected to grow at the fastest CAGR over the forecast period. This is due to the rising cases of accidents resulting in increasing bone fractures and the increasing prevalence of osteoporotic fractures among postmenopausal females. Such type of bone fractures requires brane grafting. A bone harvester is a medical device used to obtain bone grafts from a patient's own body. Analysis of market trends indicates that the rising adoption of advanced bone harvesters in hospitals for autogenous bone grafting is driving the market growth.s

For instance, according to the statistics published in the National Library of Medicine, the overall prevalence of osteoporotic fractures among postmenopausal females was 82.2% out of which 37.5% were osteoporosis and 44.7% were osteopenia. This increasing prevalence of bone fractures is driving the demand for bone harvesting or grafting, in turn, driving the growth of the market.

By Region :

The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

In 2022, North America accounted for the highest market share at 37.45% and was valued at USD 6,963.34 million, which is expected to reach USD 10,393.79 million in 2030. In North America, the bone harvester market analysis indicated that U.S. accounted for the highest market share of 65.35% during the base year 2022 owing to the increasing incidences of orthopedic disorders and surgeries in the U.S. Assessment of market trends indicates that the market players in the region are involved in mergers and acquisitions, product innovations, and business strategies to cater to the growing needs of various end-use industries by offering advanced medical devices. For instance, in November 2019, Wright Medical Group Inc., a global medical device company was acquired by Stryker Company. This acquisition is expected to offer advanced medical devices in the orthopedics segment.

Moreover, Asia Pacific is expected to grow at the fastest CAGR of 6.2% during the forecast period due to the growing government investment in the development of advanced medical devices, the rising patient population, and new hospital facilities particularly in China and India.