The global bone morphogenetic protein (BMP) market is estimated to grow at a CAGR of nearly 3.0% during the forecast period. The major factors contributing to the market growth include the rising spinal cord injuries and increasing demand for minimally invasive surgeries. The incidences of spine disorders and injuries have been increasing owing to the rising number of road accidents, sports injuries, congenital disorders, and degenerative disc diseases, and spinal stenosis. As per the data published by the National Spinal Cord Injury Statistical Center, as of 2019, in the US, the annual incidence of spinal cord injury is approximately 54 cases per one million people, or nearly 17,730 new spinal cord injury cases each year.

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The rising incidences of spinal cord injuries led the demand for spinal fusion procedures which,in turn, encourages the adoption of BMP. It is a protein used in spinal fusion surgeries that promotes new bone growth. It has several applications in spinal fusion procedures. BMP is considered as a safe and effective alternative to bone grafting. The avoidance of a hip graft reduces the operative period and might decrease complication rates. This enables for a faster and less painful recovery period. In addition, it simplifies fusion at a rate equal to or higher as compared to conventional bone grafts, including the own auto graft bone of the patients. Therefore, BMP enables surgeons to carry out spinal fusion procedure with an improved fusion rate. It eliminates the potential risks and problems associated with iliac crest autograft (hip) graft harvest.

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Market Segmentation

Global BMP Market by Type
Recombinant Human BMP (rhBMP)-2
Recombinant Human BMP (rhBMP)-7
Global BMP Market by Application
Trauma
Spinal Fusion
Reconstructive
Oral-Maxillofacial
Others
Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles

Abbiotec, Inc.
ACROBiosystems Inc.
American Research Products, Inc.
BioLegend, Inc.
Cellumed Co.,Ltd.
Creative BioMart
DePuy Synthes (Johnson & Johnson Services, Inc.)
Ember Therapeutics, Inc.
LifeSpan BioSciences, Inc.
Medtronic plc
Merck KGaA
OriGene Technologies, Inc.
Prospec-Tany Technogene Ltd.
R&D Systems (Bio-Techne Co.)
Thermo Fisher Scientific Inc.
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