Orthobiologics Market Size, Share and Growth Analysis

Orthobiologics Market Analysis Size, Growth rate and Overview:

The Orthobiologics Market was valued at USD xx billion in 2018 and is expected to reach almost USD 10 billion by the end of 2025, growing at a CAGR of around xx% over the predicted period.

Orthobiologics are used by orthopaedic surgeons to heal wound faster. They accelerate the healing of broken bones and injured muscles, tendons and ligaments. These products consist of substances that occur naturally in our body. Orthobiological procedures have recently become known as one of the most prominent treatment options for early knee arthritis (OA). The interests of orthobiologists and the growing research in the field of regenerative medicine, as well as clinical outcomes that promise the use of orthobiology, are helping to make the clinical applications of this treatment more diverse every day. The repair of damaged cartilage and biological restoration may be possible through the appropriate use of autologous biological products. This will help the world market to thrive in the forecasting period.

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Orthobiologics Market Key Drivers, Challenges, and Opportunities:

Factors such as increasing burden of orthopaedic lesions; increase in sports injuries and traffic accidents; increased incidence of spinal fusion surgery; risk factors associated with the increase in population aging, obesity, and high frequency of musculo-skeletal disorders; and the growing preference of patients for minimally invasive procedures is driving this market.

Treatments containing ortobiologics are expensive and often not covered by governments. This is due to the fact that this form of treatment is relatively new and there are not enough studies to prove its efficacy and effectiveness in the treatment of patients. In addition, the possibility of alternative treatment means that patients who are sceptical of this form of treatment may choose other kinds of treatments. This will lead to a slowdown in the growth of this market.

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Orthobiologics Market – Regional Presence:

It is expected that North America will obtain the highest market share in 2017, since medullar illnesses increase, the population of the geriatric and obese population increases, the preference for minimally invasive procedures and the awareness of doctors and patients on new introduce procedures and technologies of treatment.

However, Asia-Pacific is likely to show the highest growth rate during the forecast period. The presence of a large geriatric and target population, a high incidence of osteoarthritis and obesity, the increase in public health expenditure and the improvement of health infrastructure are some of the key factors that drive the growth of the Asian orthobiologics market.

Some of the Key Players Profiled in this Orthobiologics Market Report are:

Artthrex, Alphatec Spine, Inc., Bioventus, DePuy Synthes, Exactech, Inc., Globus Medical, Inc., Integra LifeSciences, Medtronic, MTF Biologics, RTI Surgical, Inc., Seikagaku Corporation, Sanofi, Stryker, and others.

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