Press release
Global Orthobiologics Devices And Equipment Market Trends, Strategies, Opportunities For 2023-2032 | Medtronic, Arthrex Inc., DePuy Synthes (A Subsidiary of Johnson & Johnson), Stryker Corporation, Zimmer Biomet
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the orthobiologics devices and equipment market report by The Business Research Company, the increase in the aging population has increased the patient pool of many orthopedic disorders will continue to be a driver of the orthobiologics devices and equipment market. According to the United Nations report, there were 962 million people aged over 60 across the globe, comprising 13% of the global population. The population aged over 60 is expected to grow at a rate of about 3% every year. The report further estimated that Europe had the highest percentage of the population aged over 60. The number of people globally over the age of 65 grew by 33%, according to estimates based on Population Reference Bureau data.
The global othobiologics devices and equipment market grew from $4.86 billion in 2022 to $5.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The othobiologics devices and equipment market is expected to grow from $6.85 billion in 2027 at a CAGR of 6.7%.
Read More On The Orthobiologics Devices And Equipment Market Report Here:
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Major competitors in the Orthobiologics Devices And Equipment market Medtronic, Arthrex Inc., DePuy Synthes (A Subsidiary of Johnson & Johnson), Stryker Corporation, Zimmer Biomet.
The Orthobiologics Devices And Equipment market is segmented -
• By Product Type: Demineralized Bone Matrix, Synthetic Bone Substitutes, Stem Cell Therapy, Plasma-Rich Protein, Viscosupplementation, Bone Morphogenetic Protein, Synthetic Orthobiologics.
• By Application: Osteoarthritis and Degenerative Arthritis, Soft-Tissue Injuries, Fracture Recovery, Maxillofacial and Dental Applications, Spinal Fusion, Trauma Repair, Reconstructive Surgery
• By End Use: Hospitals, Orthopedic Clinics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Orthobiologics Devices And Equipment market.
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Orthrobiologic devices are implants composed of cells and proteins that are naturally found in the human body and that provide accelerated healing by stimulating efficient regrowth of musculoskeletal tissues, including bones, cartilage, tendons, and ligaments.
The main product types of orthobiologics devices and equipment are demineralized bone matrix, synthetic bone substitutes, stem cell therapy, plasma-rich protein, viscosupplementation, bone morphogenetic protein, and synthetic orthobiologics. Stem cell therapy is promoting the repair response of diseased, dysfunctional, or injured tissue using stem cells or their derivatives. The various applications involved are osteoarthritis and degenerative arthritis, soft-tissue injuries, fracture recovery, maxillofacial and dental applications, spinal fusion, trauma repair, and reconstructive surgery that are used by various end-users such as hospitals, orthopedic clinics, and others
The Table Of Content For The Orthobiologics Devices And Equipment Market Include:
1. Executive Summary
2. Orthobiologics Devices And Equipment Market Characteristics
3. Orthobiologics Devices And Equipment Market Trends And Strategies
4. Orthobiologics Devices And Equipment Market - Macro Economic Scenario
5. Orthobiologics Devices And Equipment Market Size And Growth
……
26. Africa Orthobiologics Devices And Equipment Market
27. Orthobiologics Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Orthobiologics Devices And Equipment Market
29. Orthobiologics Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Orthobiologics Devices And Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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