Market Overview:
The global bone marrow aspirate concentrates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of cancer, rising demand for minimally invasive surgeries, and technological advancements in bone marrow aspirate concentrates systems and accessories. Based on type, the global bone marrow aspirate concentrates market is segmented into Bone Marrow Aspirate Concentrates Systems and Bone Marrow Aspirate Concentrates Accessories. The Bone Marrow Aspirate Concentrate Systems segment is further sub-segmented into centrifugation systems and filtration systems. The centrifugation systems segment dominated the global bone marrow aspirates concentrate system market in 2017 owing to its ability to separate cells from plasma with high efficiency. Based on application, the global bone marrow aspirates concentrate market is divided into hospitals, specialty clinics, diagnostic laboratories, and others segments.
Product Definition:
A Bone Marrow Aspirate Concentrate (BMAC) is a medical procedure that extracts stem cells and other growth factors from bone marrow. These substances can be used to treat various diseases and conditions, such as cancer, leukemia, anemia, and joint pain.
Bone Marrow Aspirate Concentrates Systems:
Bone marrow aspirate concentrates are prepared from the bone marrow of the pelvis. Bone Marrow Aspirates (BMAs) are used in hematology procedures and for the preparation of cellular therapy products such as stem cells, platelets, and granulocytes. The process is done to obtain a small quantity of these cell types which can be processed further to produce various blood components like red blood cells, platelets or granulocytes.
Bone Marrow Aspirate Concentrates Accessories:
Bone marrow aspirate concentrates are used for the treatment of leukemia, lymphoma and multiple myeloma. These products are also useful in treating diseases such as AIDS, cancer and bone disorders. The main function of these products is to stimulate the bone marrow to produce new blood cells which help in fighting infections and other diseases that cannot be cured with antibiotics.
These products have been approved by the U.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The segment includes research institutes and private hospitals. Increasing number of bone marrow aspirates procedures performed at these institutions for various diseases including multiple myeloma, acute lymphoblastic leukemia (ALL) and anemia is expected to drive the market over the forecast period.
Infectious disease treatment centers are also anticipated to contribute significantly toward revenue growth during the study period owing to increasing prevalence of infectious diseases such as HIV, tuberculosis and malaria across regions coupled with rising geriatric population that is highly susceptible to infections which may require a stem cell transplantation procedure for cure or management purposes drives this industry growth during forecast years.
Regional Analysis:
North America dominated the global bone marrow aspirate concentrates market in 2017. Increasing incidence of blood disorders such as leukemia and other cancers, rising adoption of advanced therapies, increasing healthcare expenditure, and favorable reimbursement policies are some factors attributing to the largest share held by North America.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing number of patients suffering from cancer & leukemia and growing awareness about available treatment options in emerging countries like India & China. In addition, government initiatives for improving healthcare infrastructure coupled with an increase in research funding for developing novel drug molecules is also anticipated to drive regional growth during the forecast period.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is one of the key growth drivers for the Bone Marrow Aspirate Concentrates market. According to a study by the American Cancer Society, it is estimated that around 1,685,350 new cases of cancer will be diagnosed in the U.S. in 2017 and around 600,920 people will die from this disease. This growing prevalence of cancer is expected to drive demand for Bone Marrow Aspirate Concentrates products over the forecast period.
- Rising awareness about stem cell therapies: The rising awareness about stem cell therapies is another major factor driving growth for the Bone Marrow Aspirate Concentrates market. Stem cells are undifferentiated cells that have potential to develop into different types of specialized cells in body tissues such as brain, heart muscle and blood vessels etc., which makes them very important for regenerative medicine therapies such as bone marrow transplantation or tissue engineering applications etc.. This growing awareness about stem cell therapies is expected to boost demand for Bone Marrow Aspirate Concentrates products over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Marrow Aspirate Concentrates Market Research Report
By Type
Bone Marrow Aspirate Concentrates Systems, Bone Marrow Aspirate Concentrates Accessories
By Application
Hospitals, Specialty Clinics, Diagnostic Laboratories, Others
By Companies
Ranfac Corp., Arthrex, Inc., Globus Medical, Inc., Terumo Corporation (Terumo BCT), Cesca Therapeutics Inc., Zimmer Biomet Holdings, Inc., MK Alliance Inc. (TotipotentSC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Bone Marrow Aspirate Concentrates Market Report Segments:
The global Bone Marrow Aspirate Concentrates market is segmented on the basis of:
Types
Bone Marrow Aspirate Concentrates Systems, Bone Marrow Aspirate Concentrates Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Specialty Clinics, Diagnostic Laboratories, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ranfac Corp.
- Arthrex, Inc.
- Globus Medical, Inc.
- Terumo Corporation (Terumo BCT)
- Cesca Therapeutics Inc.
- Zimmer Biomet Holdings, Inc.
- MK Alliance Inc. (TotipotentSC)
Highlights of The Bone Marrow Aspirate Concentrates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bone Marrow Aspirate Concentrates Systems
- Bone Marrow Aspirate Concentrates Accessories
- By Application:
- Hospitals
- Specialty Clinics
- Diagnostic Laboratories
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bone Marrow Aspirate Concentrates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bone marrow aspirate concentrates are a type of medical waste that is made from the bone marrow of human beings or animals. Bone marrow aspirate concentrates are used to treat cancer and other diseases.
Some of the key players operating in the bone marrow aspirate concentrates market are Ranfac Corp., Arthrex, Inc., Globus Medical, Inc., Terumo Corporation (Terumo BCT), Cesca Therapeutics Inc., Zimmer Biomet Holdings, Inc., MK Alliance Inc. (TotipotentSC).
The bone marrow aspirate concentrates market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Marrow Aspirate Concentrates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bone Marrow Aspirate Concentrates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Marrow Aspirate Concentrates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bone Marrow Aspirate Concentrates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bone Marrow Aspirate Concentrates Market Size & Forecast, 2020-2028
4.5.1 Bone Marrow Aspirate Concentrates Market Size and Y-o-Y Growth
4.5.2 Bone Marrow Aspirate Concentrates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bone Marrow Aspirate Concentrates Systems
5.2.2 Bone Marrow Aspirate Concentrates Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.2.3 Diagnostic Laboratories
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Marrow Aspirate Concentrates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bone Marrow Aspirate Concentrates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bone Marrow Aspirate Concentrates Systems
9.6.2 Bone Marrow Aspirate Concentrates Accessories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.10.3 Diagnostic Laboratories
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bone Marrow Aspirate Concentrates Systems
10.6.2 Bone Marrow Aspirate Concentrates Accessories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.10.3 Diagnostic Laboratories
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bone Marrow Aspirate Concentrates Systems
11.6.2 Bone Marrow Aspirate Concentrates Accessories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.10.3 Diagnostic Laboratories
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bone Marrow Aspirate Concentrates Systems
12.6.2 Bone Marrow Aspirate Concentrates Accessories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.10.3 Diagnostic Laboratories
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bone Marrow Aspirate Concentrates Systems
13.6.2 Bone Marrow Aspirate Concentrates Accessories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.10.3 Diagnostic Laboratories
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bone Marrow Aspirate Concentrates Market: Competitive Dashboard
14.2 Global Bone Marrow Aspirate Concentrates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ranfac Corp.
14.3.2 Arthrex, Inc.
14.3.3 Globus Medical, Inc.
14.3.4 Terumo Corporation (Terumo BCT)
14.3.5 Cesca Therapeutics Inc.
14.3.6 Zimmer Biomet Holdings, Inc.
14.3.7 MK Alliance Inc. (TotipotentSC)
