Bone Marrow Aspirate Concentrates Market to Attain a Value of US$ 200.0 Million by 2025

Concentrated bone marrow aspirate (BMA) is a biologic concentrate derived from a patient’s own bone marrow, which represents 0.001-0.01% mononuclear cell concentration, red blood cell, immature myeloid precursors, granulocytes, and platelets. Gradient centrifugation is applied to BMA to separate mononuclear cells, (also known as BMAC) which can be used for the treatment of bone healing, cartilage repair and new blood vessel growth. The global bone marrow aspirate concentrates market was valued around US$ 130 Million and expected to reach over US$ 200 Million registering a growth rate more than 5.0% during forecast period of 2017 to 2025. Rising demand for technology driven solution, rapid economic growth, increasing disposable income, and growing awareness about stem cell-based treatment in the region have generated more opportunity, creating potential market from players in the U.S. and Europe.

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Technological advancements in the bone marrow aspirate concentrates systems segment will drive growth of the segment in near future. Technological advancement is the development of a better device (in terms of BMAC preparation time, quantity of bone marrow stem cells separated, and cost) than the existing one. For instance, the ‘Harvest SmartPrep BMAC system’ is a point-of-care, easy-to-use system capable of separating a defined concentration of mononucleotide cells within 15 minutes. On the other hand, the existing centrifugation method is labor-intensive and time-consuming. It requires complex logistic considerations. Thus, technologically advanced BMAC solutions are anticipated to replace current procedure in near future. Emergence of biologic alternatives like PRP, BMAC and stem cell derived products are about to set a trend in the current market scenario as the orthobiologic procedures are considered to be less invasive and more effective as compared to traditional implantation procedures.

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With the advancement in production protocol and equipment, BMAC has demonstrated positive results in several cases. After the discovery of bone marrow therapy, the treatment has been associated with painful outcomes and prolonged recovery time. Sometimes, the treatment does not show any positive therapeutic improvement in pain management and wound healing time. Thus, high failure rate has been observed during clinical research trials for dermatological application which may hamper growth of the market. The bone marrow aspirate concentrates market in Asia is expanding with a high potential and has created huge opportunities owing to unmet clinical needs, rising geriatric population, large patient pool, favorable government regulations, development in health care sector, and increased focus on research and developmental activities. Companies operating in the global market for bone marrow aspirate concentrates are focusing on in-licensing and collaboration agreements to put new products in the Asia market.

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