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Orthobiologics Market 2026 Global Industry Growth | Share, Size, Regional Industry Overview and Forecast Report

08-27-2021 06:35 AM CET | Health & Medicine

Press release from: Fortune Business Insights Private Limited

Orthobiologics Market

Orthobiologics Market

The global Orthobiologics Market is anticipated to witness considerable growth with the rising number of cases regarding sports injuries and road accidents. Fortune Business Insights published the information in a recent report, titled “Orthobiologics Market” Size, Share and Global Trend by Product Type (Viscosupplements, Bone Growth Stimulators, Demineralized Bone Matrix, Synthetic Bone Substitutes, Stem Cells, Allografts), Application (Spinal Fusion, Maxillofacial & Dental, Soft Tissue Repair, Reconstructive & Fracture Surgery), End User (Hospitals, Ambulatory Surgical Centers, Speciality Clinics) and Geography Forecast till 2026” which predicts the global market to expand at a CAGR of 4.5% in the forecast years. As per the report, the global market was worth US$ 5830.1 Mn in the year 2017 and is estimated to reach a value of US$ 8261.6 Mn by 2026.

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Key Companies Covered in The Report

Zimmer Biomet
Genzyme Corporation
DePuy Synthes
Stryker
Medtronic
Wright Medical Group N.V.
Anika Therapeutics, Inc.
SeaSpine
Bioventus
RTI Surgical Holdings, Inc.
Musculoskeletal Transplant Foundation
Other players

Introduction of 3D Printed Implant Technology in Orthopaedic Surgeries Triggers Growth in the Market

“The emergence of advanced technology is expected to boost the Orthobiologics Market during the forecast duration,” commented a lead analyst at Fortune Business Insights. “Introduction of a technology called 3D printed implant helps to enhance clinical outcomes by reducing the surgery time and offering better stability for orthopedic surgeries,” he added. This technology helps to treat tendon and spinal injuries with minimal invasions.

The increasing incidence of musculoskeletal diseases is likely to give rise to orthopedic surgeries. This, in turn, is indicative of growing demand for orthobiologics treatment. As per a study by the World Health Organization, in 2017, fatal falls were the second-leading cause for fractures and accidental injuries. The rising incidence of falls is expected to increase the chances for fractures, thus fueling demand for orthobiologics solutions. Companies are anticipated to develop new orthobiologic products such as orthobiologic injections to heal injured ligaments, muscles, and fractures within a short span. This is further expected to push the growth of the market by 2026.

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Bioventus Develops Next-Generation Orthobiological Solution to Treat Chronic Injuries

In 2018, a global leader of orthobiologics solutions - Bioventus signed an agreement with a division of LifeLink Foundation Inc. called LifeLink Tissue Bank last year. The aim was to develop a next-generation bone allograft orthobiologic solution for patients suffering from trauma or spine injuries. Companies have also received FDA approvals for the treatment of spine injuries. For instance, Medtronic recently launched a protein called Infuse Bone Morphogenetic which is used for diagnosing spine surgeries. In addition to this, the company is expected to hold the majority of share in the global Orthobiologics Market. Some of the other leading players in the global market are Stryker, Sea Spine, Zimmer Biomet, Bioventus, RTI Surgical Holdings, Inc., DePuy Synthes (Johnson & Johnson Services, Inc.), Wright Medical Group N.V.

Table of Content:

Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Market Trends
Key Insights
Prevalence of Soft Tissue Injuries - For Key Countries, 2018
Regulatory Scenario - For Key Countries
Number of Spinal Fusion Surgrey - For Key Countries, 2018
New Product Launch
Key Industry Developments -Mergers, Acquisitions and Partnerships
Global Orthobiologics Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Viscosupplements
Bone Growth Stimulators
Bone Morphogenetic Proteins (BMP)
Platelet-Derived Growth Factors
Demineralized Bone Matrix (DBM)
Synthetic Bone Substitutes
Stem Cells
Allografts
Others
Market Analysis, Insights and Forecast – By Application
Spinal Fusion
Maxcillofacial & Dental
Soft Tissue Repair
Reconstructive & Fracture Surgery
Others
Market Analysis, Insights and Forecast – By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Competitive Analysis
Strategic Recommendations
Continued…

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About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:

Fortune Business Insights Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com
Website: https://www.fortunebusinessinsights.com

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