Orthobiologics Market Report 2021-26: Share, Size, Growth, Outlook, Key Players, Trends, Forecast

According to the latest report by IMARC Group, titled, “Orthobiologics Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the global orthobiologics market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.

Orthobiologics are prescription drugs made by living organisms to heal orthopedic tissues. Some of the common orthobiologics include bone marrow concentrate, platelet-rich plasma (PRP), birth tissues and certain fat grafts. These are autologous or allogeneic substances that are injected or placed surgically toacceleratethe healing of bones, joints, muscles, or tendons.Nowadays, platelet-rich plasma (PRP) is a rapidly gaining tractionin the field of regenerative medicine, showing excellent potential in triggering or expediting the healing process in bones, muscles and ligaments.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Orthobiologics Market Trends:

The market is primarily driven by the increasing prevalence of osteoarthritis(OA), especially among the geriatric population. Older adultsare also highly susceptible to spinal and other orthopedic disorders, resulting in the need foran increased number of orthopedic procedures. Besides this, the rising awareness among physicians and patients aboutthe benefits oforthobiologic therapies and newly introduced treatment procedures and technologies have encouraged them to opt for orthobiologics. Moreover, extensive investments and collaborations by prominent medical device and biotechnology companies in the research and development (R&D) to produce advanced orthobiologics are providing a positive market outlook. Some of the other factors, including the growing preference for minimally invasive (MI) procedures, improving healthcare infrastructure and advent of next-generation biologics technology, are also contributing to the market growth.

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Orthobiologics Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Arthrex Inc, Globus Medical Inc., Integra LifeSciences, Johnson & Johnson, Medline Industries Inc., Medtronic plc, NuVasive Inc, Orthofix Medical Inc., Smith & Nephew plc, Stryker Corporation, Terumo Corporation, Wright Medical Group N.V. and Zimmer Biomet.

The report has segmented the market on the basis on product, type, application and end user.

Breakup by Product:

Demineralized Bone Matrix
Allograft
Bone Morphogenetic Protein
Viscosupplementation Products
Synthetic Bone Substitutes
Others

Breakup by Type:

Knee
Ankle
Hip
Wrist and Shoulder
Spine
Others

Breakup by Application:

Osteoarthritis and Degenerative Arthritis
Spinal Fusion
Fracture Recovery
Soft Tissue Injuries
Maxillofacial and Dental Applications

Breakup by End User:

Hospitals and Ambulatory Centers
Research and Academic Institutes
Dental Clinics and Facilities
Orthopedic Clinics

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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