Global Orthobiologics Market Capacity, Production, Sales, and Revenue Growth Over the Forecast Period.

The Key Factors Driving the Growth of the Global Orthobiologics Market are increase in road accidents & sports injuries, rise in obesity rate, awareness among patients & athletes, and rapidly aging population. However, high cost of procedures, stringent regulatory approval procedures for each of the orthobiologic products, and lack of reliable clinical trial data are factors restraining the growth of this market. Advancements in implant technologies and growing demand of biological solutions as compared to mechanical solution create opportunities for its growth.

A Biological Material used to Improve the Healing of Broken Bones and Injured Muscles, Tendons and Ligaments

Orthobiologics Market Report Coverage Highlights: This report covers drivers, restraints, opportunities, challenges, and market trends. The report also covers the product portfolio analysis of the Orthobiologics products and vendor benchmarking of the top players in this market. In addition, this report highlights the growth strategies adopted by the major market players to garner large shares in the Orthobiologics market.

A separate section with Orthobiologics industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information. Development and Research plays a vital role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Orthobiologics market growth over the forecast period.

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The Global Orthobiologics Market is projected to register a CAGR of about 5.4% during the forecast period, 2018-2023. Orthobiologics are used by orthopedic surgeons to help injuries heal more quickly. They are used to quicken the healing of broken bones and injured muscles, tendons, and ligaments. These products are made from substances that are naturally found in our body.

Increasing Patient Preference for Minimally Invasive Procedures

Orthobiologic therapy is a minimally invasive therapy and one of the components of regenerative medicine that are used to treat several musculoskeletal ailments, including degenerative osteoarthritis. Lately, orthobiologics have come to be known as one of the prominent treatment option for early osteoarthritis (OA) of the knee. The interests about orthobiologcs in the medical community and growing research in the field of regenerative medicine, coupled with promising clinical results from the use of orthobiologics are helping to make the clinical applications of this treatment more diverse every day. Biological therapy or cellular arthroplasty is evolving rapidly in the management of OA. Repair of damaged cartilage and biological restitution can be possible by the judicious use of autologous biological products. This will help the orthobiologics market to flourish during the forecast period. 

High Cost Associated with Orthobiologics-Based Treatments

Treatments involving orthobiologics are expensive and often not covered by the governments. This is owing to the fact that this form of treatment is relatively new and there have not been enough studies to prove their efficacy and effectiveness in treating the patients. Also, the possibility of alternative form of treatments mean that patients who are skeptical about this form of treatment can opt for other alternative treatments available. This will lead to the slowdown of the growth of this market. 

North America to Maintain Lead in the Market

North America is expected to command the largest share of the market in 2017 due to the increasing incidence of spinal disorders, rising geriatric and obese population, growing preference for minimally invasive procedures, and growing physician and patient awareness about newly introduced treatment procedures and technologies. However, Asia Pacific is expected to register the highest growth rate during the forecast period. The presence of a large geriatric and target patient population, high incidence of osteoarthritis and obesity, increasing government spending on healthcare, and improving healthcare infrastructure are some of the major factors driving the growth of the Asia Pacific orthobiologics market.

Key Developments:

February 2018 - A conference was comducted that focused on orthobiologics at the Orthobiologic Singularity event, orthopedic medicine from invasive to regenerative.
Sep 2017 - Bioventus, a global leader in orthobiologic solutions, announced that the US FDA approval was granted for DUROLANE, a single-injection, hyaluronic acid.

Major Players:

ARTHREX, INC.,

DEPUY SYNTHES (A SUBSIDIARY OF JOHNSON & JOHNSON),

GLOBUS MEDICAL, INC.,

HARVEST TECHNOLOGIES CORPORATION (A TERUMO BCT COMPANY),

K2M GROUP HOLDINGS, INC.,

MEDTRONIC PLC.,

RTI SURGICAL INC.,

SEASPINE HOLDINGS CORPORATION,

STRYKER CORPORATION, AND ZIMMER BIOMET HOLDINGS INC, amongst others.

Reasons to Purchase the Report

Current and future orthobiologics market outlook in the developed and emerging markets
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)

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Orthobiologics Market Forecast 2018-2023

The Orthobiologics industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Orthobiologics production, supply, sales and market status.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Detailed TOC of Global Orthobiologics Market Forecasts (2018 - 2023)

Introduction
   1.1 Definition of the Market

   1.2 Key Findings of the Study

Research Scope and Methodology
   2.1 Study Deliverables

   2.2 Study Assumptions

   2.3 Research Methodology

   2.4 Research Phases

Market Dynamics
   3.1 Drivers

   3.1.1 Increasing Demand for Orthobiologics

   3.1.2 Evolving R&D Priorities

   3.1.3 Adoption of Orthobiologics

   3.2 Restraints

   3.2.1 Orthobiologics Industry

   3.2.2 Orthobiologics Types and Application

Industry Analysis
    4.1 Porter's Five Forces Analysis

    4.1.1 Bargaining Power of Suppliers

    4.1.2 Bargaining Power of Buyers

    4.1.3 Threats of New Entrants

    4.1.4 Threats of Substitute Products and Services

    4.1.5 Degree of Competition

Market Segmentation
  5.1 By Application

  5.2 By Geography

  5.2.1 North America

  5.2.1.1 US

  5.2.1.2 Canada

  5.2.1.3 Mexico

  5.2.1.4 Others

  5.2.2 Europe

  5.2.2.1 Spain

  5.2.2.2 UK

  5.2.2.3 France

  5.2.2.4 Germany

  5.2.2.5 Russia

  5.2.2.6 Italy

  5.2.2.7 Others

  5.2.3 Asia-Pacific

  5.2.3.1 China

  5.2.3.2 Japan

  5.2.3.3 India

  5.2.3.4 Australia

  5.2.3.5 Others

  5.2.4 South America

  5.2.4.1 Brazil

  5.2.4.2 Argentina

  5.2.4.3 Others

  5.2.5 Africa

  5.2.5.1 South Africa

  5.2.5.2 Others

Competitor Analysis
  6.1 Market Shares of Leading Players

  6.2 Strategies Adopted by Leading Players

Company Profiles
Future Outlook of the Market
Appendix
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