The global bone grafts and substitutes market is expected to increase to $3.48 billion by 2023, up from $2.35 billion in 2014, according to MedGadget.
Here are four quick points:
1. Technological advancements and synthetic bone grafts will spur the market's growth.
2. North America is expected to grow at a compound annual growth rate of 3.5 percent to 2023.
3. An increasing emphasis on patient safety will continue to drive the market's growth in North America.
4. The allografts sector is expected to reach $1.15 billion by 2023, due to the transition from autografts to allografts.