The latest Orthobiologics Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 – 2030.The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
The global orthobiologics market size was USD 6.07 Billion in 2022 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Increasing orthopedic procedures and surgeries, rising orthopedic and spinal diseases, and growing sports injuries and accidents are some of the major factors driving the market revenue growth. Furthermore, increasing adoption of minimally invasive surgeries and rising initiatives and investments by medical device companies are contributing to the market revenue growth. Increasing orthopedic procedures and surgeries is a major factor driving revenue growth of the market. Currently, rising number of orthopedic diseases along with age is creating a high demand for this treatment. According to the report, the total amount of joint replacements in India is expected to increase at the fastest rate across the globe.
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Covid 19 impact analysis:
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market
Major companies profiled in the market report include
Bone Biologics Corp., Medtronic, Arthrex, Inc, Orthofix US LLC., NuVasive, Inc., Zimmer Biomet., Wright Medical Group N.V., Smith+Nephew., Stryker, Sano orthopedics.
Research objectives:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals. The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the orthobiologics products is expected to drive the demand for orthobiologics, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Emergen Research has segmented the global orthobiologics market on the basis of product, application, end-use, and region:
· Product Outlook (Revenue, USD Billion; 2019-2032)
- Viscosupplementation
- Synthetic Bone grafts
- Bioactive glass
- BiPhasic
- Hydroxyapatite
- Others
- Bone Morphogenetic Protein (BMP)
- Allograft
- Xenografts
- Demineralized Bone Matrix (DBM)
· Application Outlook (Revenue, USD Billion; 2019-2032)
- Spinal Fusion
- Fracture recovery
- Reconstructive Surgery
- Osteoarthritis and degenerative arthritis
- Others
· End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals and clinics
- Orthopedic clinics
- Others
Regional Outlook:
The global Orthobiologics market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Orthobiologics market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Objectives of the Global Orthobiologics Market Report:
- Chapter 1 includes the global Orthobiologics market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Orthobiologics market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Orthobiologics market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Orthobiologics industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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