Showing posts with label Bone Morphogenetic Proteins Market. Show all posts
Showing posts with label Bone Morphogenetic Proteins Market. Show all posts

Tuesday, 28 July 2015

Bone Morphogenetic Proteins Poised to Prove Propitious in Orthopedic Care

Bone morphogenetic proteins (BMPs) first came into existence in 1965 and were identified by Marshall Urist. These proteins are responsible for stimulating natural bone growth in the human body. They already exist in the body and can be concentrated, produced, or placed around the spine for spinal fusion. These proteins have the ability to create a fusion without the patient’s own bones. 

What are the various capabilities of BMPs that have facilitated their use?

Amongst the various types of BMPs, BMP-7 and BMP-2 have exhibited the highest ability for cell stimulation in the local environment for undergoing phenotypic conversion into osteoprogenitor cells, which are capable of bone formation. BMPs have been functioning via a number of pathways, including initiating an increase in the secretion of parathyroid hormone and alkaline phosphatase, raising osetocalcin expression, which in turn increases the number of bone-forming cells.

Browse Market Research Report of Bone Morphogenetic Proteins Market: 

What is the role of BMPs in spinal fusion?

Conventionally, spinal fusion needed transplantation of bone chips from the pelvis of the patient to the vertebrae to aide in fusing them together. Though this procedure could be extremely effective for treating specific spinal disorders, this bone transplantation procedure, also known as bone grafting, may prolong surgery, increase the hospital stay, cause greater blood loss, and raise the recovery time and pain during recovery. Additionally, the bone grafting technique may result in an unsuccessful vertebral fusion, in which sometimes there is insufficient bone growth.

As per the current innovative research, genetically produced bones and recombinant human bone morphogenetic protein-2 have the cell-stimulating ability of a patient's own cells for making more bone. In addition, rhBMP-2 provides a lot of benefits to patients who are undergoing spinal fusion by eradicating the requirement for bone transplantation through the pelvis. Therefore, this developed therapeutic approach decreases the requirement for depending on screws or spinal rods, expedites the vertebral fusion, and reduces the requirement for painful autograft surgery.

What are the key factors fuelling the global bone morphogenetic protein market?

The increasing occurrence of spinal fusion surgeries and colon cancer is predicted to stimulate the global market for bone morphogenetic protein (BMP) during the forecast period. Huge R&D investment along with the emergence of novel devices and drugs used in orthopedic conditions are anticipated to provide bones that are functionally stronger and will heal damaged bones comparatively quickly.

The rising geriatric population, increase in sports- and trauma-related injuries, and increase in the demand for minimal invasive surgeries are predicted to fuel the growth of the bone morphogenetic protein market in the forecast horizon. In addition, increasing disorders of the lower back due to the changing modern lifestyle is expected to raise demand for spinal surgeries, which will boost the bone morphogenetic proteins market. 

Browse Market Research Press Release of Bone Morphogenetic Proteins Market: 

Thousands of bone fusion operations are performed in the U.S. annually, greater than halfmore than half of which comprise spinal column fusion. Therefore, one of the biggest challenges to orthopedic research has been the requirement for novel ways to repair bones faster and make them functionally stronger through organic means, wherein bone morphogenetic proteins have emerged as a highly promising solution. 

Wednesday, 29 April 2015

Bone Morphogenetic Proteins Market Expected to Reach USD 587.069 Million Globally in 2022: Transparency Market Research

According to a new market report published by Transparency Market Research “Bone Morphogenetic Proteins Market (Types : rhBMP-2 and rhbmp-7; Applications: Spinal Fusion, Trauma, Reconstructive and Oral- Maxillofacial) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 – 2022”, the global bone morphogenetic proteins market was valued at USD 612.601 million in 2013 and is expected to grow at a CAGR of 2.1% during the forecast period from 2014 to 2022 to reach USD 587.069 million in 2022.

Browse the full Bone Morphogenetic Proteins Market Report: http://www.transparencymarketresearch.com/bone-morphogenetic-protein-market.html

To date, autograft bone graft substitutes harvested from the patient’s own body and allografts harvested from human cadaver or animal are considered ideal for healing injured bone tissues. Although, autologus and allogenic bone grafting is an effective treatment of certain spinal disorders, the bone transplantation procedure could prolong hospital stay, increase blood loss, recovery time, risk of infectious disease transmission, and increased stress at the harvest site. Furthermore, autografts are not suitable for elderly patients and allogenic bone grafts in some cases show low bio-activity level. Thus, bone grafting procedures are witnessing a steady shift from allogenic and autologus bone graft substitutes to growth factors such as bone morphogenetic proteins (BMPs) and cell-based matrices. BMPs have the ability to stimulate new bone formation by initiating the differentiation of stem cells into osteoblasts. The BMP products have eliminated the need for bone harvesting and reduced the healing time. Thus, the market for BMPs is increasing owing to better osteoinduction and fusion rate, which have reduced the hospital stay, consequently reducing the overhead expenses.

The global bone morphogenetic proteins market, based on geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2013, North America accounted for the majority share of this market globally in terms of revenue and is anticipated to retain its position during the forecast period. Growth in this market is expected to be driven by aging population and the desire to have an active lifestyle. Similarly, increasing incidences of lower back pain, which is commonly observed in people aged between 40 years and 80 years, is also a key factor that is expected to increase the uptake of BMPs in North America. According to the National Institutes of Health statistics, lower back pain was the most common cause of pain, followed by migraine or headache, and neck pain in the U.S. in 2012. Moreover, 28.4% of the population of the U.S. visits physician clinics for chronic lower back pain. Lower back pain is associated common reason for missed work and job-related disability. Thus, patients with back pain are advised spinal fusion procedures, if non-surgical treatment is ineffective. Therefore, growing incidences of lower back pain that requires spinal surgeries is expected to propel demand for bone morphogenetic proteins in North America. Furthermore, in North America spinal fusion surgeries accounted for the largest share of the market at 76.5% in 2013. In addition, according to the Agency for Healthcare Research and Quality (AHRQ), the number of spinal fusion procedures in the U.S. increased by 72% from 2002 (260,000) to 2011 (460,000). The European region followed the North America bone morphogenetic proteins market globally in 2013.

Press Release for Bone Morphogenetic Proteins Market:

The most promising growth in this market is expected to emerge from the Asia-Pacific region due to rising geriatric population, which is more prone to orthopedic disorders and requires urgent effective care. In addition, the rapidly evolving medical tourism industry in countries such as India, Thailand, and Singapore, rise in disposable income, and growing awareness about orthopedic treatment are few key reasons that are anticipated to propel growth of the BMP market in this region. The BMP market in RoW is underdeveloped and has not expanded due to high cost, reimbursement challenges, and inadequate training of surgeons. Adverse side effects associated with BMP usage have also restricted the uptake of BMPs in these regions.

The market for bone morphogenetic proteins is emerging and is currently occupied by only two players, Medtronic plc and Olympus Biotech Corporation. Of the two, in 2013 Medtronic held the lion’s share due to wide usage of INFUSE. On the other hand, Olympus Biotech accounted for less than 7% of the global BMP market. This is because OP-1/Opgenra is approved for cases, where autologus bone marrow harvesting is not possible or other treatments have failed.

The global bone morphogenetic proteins market is segmented by type as follows:

o  Global Bone Morphogenetic Proteins Market Revenue, by Types
o     rhBMP-2
o     rhBMP-7
o  Global Bone Morphogenetic Proteins Market Revenue, by Application
o     Spinal Fusion
o     Trauma
o     Reconstructive Surgery
o     Oral-Maxillofacial
o  Global Bone Morphogenetic Proteins Market Revenue, by Geography
o     North America
o   Types
o   Applications
o     Europe
o   Types
o   Applications
o     Asia Pacific
o   Types
o   Applications
o     RoW
o   Types
o   Applications

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