Key Findings
The bone graft and substitute market of Asia Pacific is expected to record a CAGR of 5.74% over the forecast period of 2020-2028.The increasing healthcare expenditure is one of the major factors driving the market growth in the Asia Pacific region.

Market Insights
The market of bone graft and substitute of Asia Pacific is analyzed further by segregating the market region into countries such as Indonesia, South Korea, Vietnam, China, India, Thailand, Japan, Australia & New Zealand, and the rest of Asia Pacific that includes Singapore, Nepal, Bhutan, Malaysia, and other countries. In South Korea, the number of medical tourists from China decreased because of diplomatic and trade tensions. The South Korean market is growing at a medium pace due to the declining medical tourism industry. In countries like Thailand, the aging population has been steadily increasing since 2005 as per the National Economic and Social Development Board (NSEDB). In 2020, the old age population reached 17.13% of the total population. Thailand being an extraordinary adventure tourism hotspot along with the pioneering medical facilities, has made the country emerge as a global leader in the medical tourism sector. These factors are propelling market growth in Thailand. In Indonesia, healthcare expenditure is estimated to rise by 4.18% and reach $51 billion in 2020, driving the market. The rest of the Asia Pacific market is primarily influenced by the rising incidences of bone fractures and growing medical tourism in countries like Malaysia and Singapore.

Competitive Insights
Medtronic PLC, Stryker Corporation, Baxter International Inc., Integra LifeScience Corporation, SigmaGraft, etc. are some of the major companies operating in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments