The latest trending report published by Crystal Market Research titled, Orthobiologics Market approximates that the Orthobiologics Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
Check sample pages of this report:
Orthobiologics Market – Report Overview:
The orthobiologics market is expected to be around $10 billion by 2025. The market is primarily driven by factors such as increasing number of orthopedic surgical procedures performed worldwide due to rising incidence of accidents and sports related injuries. Increasing prevalence of geriatric population around the world is another key factor contributing to the market growth. According to the 2015 World Aging Population report by the United Nations (UN), between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion.
This number is projected to further rise up to 2.1 billion by 2050. As geriatric people are more susceptible to orthopedic and spinal disorders, such high prevalence will largely contribute to the growth of orthobiologics market during the forecast period. However, factors such as high cost of the procedures and stringent regulatory approval processes can hinder the growth of orthobiologics market during the forecast period.
Orthobiologics Market – Regional Outlook:
North America dominated the orthobiologics market in 2016 due to the abundant presence of prominent players in orthobiologics market in the region along with favorable reimbursement policies for fusion enhancement products and soft tissue healing. The Asia-Pacific orthobiologics market is expected to grow at the fastest rate over the forecast period owing to increasing healthcare expenditure in emerging countries along with rising disposable income of the people.
.Orthobiologics Market – Top Major Market Players:
Some of the key players operating in the orthobiologics market are, Bone Biologics Corporation, Bioventus LLC., RTI Surgical, Inc., Smith & Nephew PLC, Musculoskeletal Transplant Foundation, Seikagaku Corporation, AlloSource, Stryker Corporation, DePuy Synthes (a subsidiary of Johnson & Johnson Services, Inc.), Medtronic plc, Osiris Therapeutics, Inc., Kuros Biosciences AG, Globus Medical Inc., Wright Medical Group N.V, Arthrex, Inc., ISTO Technologies, Inc., CollPlant Ltd, OsteoMed and NuVasive, Inc.
Key Findings of the Research Study:
What was the orthobiologics size in 2016 and forecast from 2017 to 2025?
What will be the industry orthobiologics growth from 2017 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the orthobiologics forecast?
What are the major segments leading the orthobiologics growth and why?
Which are the leading players in the orthobiologics and what are the major strategies adopted by them to sustain the orthobiologics competition?
List of Tables:
Table 1.Orthobiologics Market, By Product, 2016-2025, ($Million)
Table 2.Demineralized Bone Matrix Market, By Region, 2016-2025, ($Million)
Table 3.Viscosupplementation Market, By Region, 2016-2025, ($Million),
Table 4.Bone Morphogenetic Protein Market, By Region, 2016-2025, ($Million)
Table 5.Allograft Market, By Region, 2016-2025, ($Million)
Table 6.Stem Cell Therapy Market, By Region, 2016-2025, ($Million)
Table 7.Synthetic Bone Substitutes Market, By Region, 2016-2025, ($Million)
Table 8.Orthobiologics Market, By Application, 2016-2025, ($Million)
Table 9.Trauma Repair Market, By Region, 2016-2025, ($Million)
Table 10.Spinal Fusion Market, By Region, 2016-2025, ($Million),
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