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Global Orthopedic Regenerative Surgical Products Market Comprehensive Study: Forecasted Market Size And Growth Rate | Baxter International Inc., Zimmer Biomet Holdings Inc., Stryker Corporation, Smith&Nephew plc, Allosource, Anika Therapeutics Inc., Veric
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2598The Business Research Company offers in-depth market insights through Orthopedic Regenerative Surgical Products Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The orthopedic regenerative surgical products market size has grown strongly in recent years. It will grow from $4.27 billion in 2023 to $4.66 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to aging population, orthopedic injuries, patient demand, sports medicine, musculoskeletal disorders.
The orthopedic regenerative surgical products market size is expected to see strong growth in the next few years. It will grow to $6.4 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to regulatory approval, sustainable practices, minimally invasive procedures, rehabilitation and physical therapy, joint preservation. Major trends in the forecast period include advanced biomaterials, surgical advancements, artificial intelligence (ai) and predictive analytics, regenerative medicine advancements, orthopedic implants.
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Market Segmentation:
The main type of orthopedic regenerative surgical products is allograft, synthetic, cell-based, and viscosupplements. Allograft is a tissue transplant between genetically distinct individuals of the same species. An allograft is not the same as an autograft, which uses tissue from the same person's body and is thus genetically identical. Anterior tibialis tendon, frozen femoral head, freeze-dried bone chips, DBM putty, acellular dermis, and amniotic membrane are examples of human allografts. These are used by hospitals, ambulatory surgical centers, and others, in the treatment of orthopedic pain management, trauma repair, cartilage and tendon repair, and joint reconstruction.
Major Driver - Elevating Prevalence Of Orthopedic Diseases Fuels Growth In Orthopedic Regenerative Surgical Products Market
The rising prevalence of orthopedic diseases across the globe is likely to contribute to the growth of the orthopedic regenerative surgical products market. The orthopedic regenerative surgical products contribute to the prevention of orthopedic problems such as fractures, sprains, and strains, as well as lifelong conditions associated with ongoing functional limitations and disability. Approximately 1.71 billion people have musculoskeletal conditions worldwide. The orthopedic disease musculoskeletal conditions are the leading contributor to disability worldwide, with low back pain being the single leading cause of disability in 160 countries. Hence, the rising prevalence of orthopedic diseases drives the market for orthopedic regenerative surgical products.
Competitive Landscape:
Major companies operating in the orthopedic regenerative surgical products market include Baxter International Inc., Zimmer Biomet Holdings Inc., Stryker Corporation, Smith&Nephew plc, Allosource, Anika Therapeutics Inc., Vericel Corporation, Amniox Medical Inc., MIMEDX Group Inc., Aptissen S.A, Arthrex Inc., Bioventus LLC, Conmed Corporation, DePuy Synthes Inc., Exactech Inc., Globus Medical Inc., Integra LifeSciences Corporation, Johnson & Johnson Medical Devices group, Kuros Biosciences AG, Medtronic plc, NuVasive Inc., Orthofix Medical Inc., Osiris Therapeutics Inc., RTI Surgical Inc., SeaSpine Holdings Corporation, Terumo BCT Inc., Tissue Regenix Group plc, Wright Medical Group N.V., Xtant Medical Holdings Inc., Camber Spine Technologies, Lima Corporate, Life Spine Inc., CollPlant Biotechnologies Ltd.
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Top Trend - Technological Advancements Transforming Orthopedic Regenerative Surgical Products Market
Technological advancements are a key trend gaining popularity in the orthopedic regenerative surgical products market. For instance, in 2021, the USA-based Anika Therapeutics, Inc., a global, integrated orthopedic and regenerative medicines company specializing in therapeutics based on its proprietary hyaluronic acid (HA) technology, announced the successful completion of the first human surgical procedure with its injectable HA-based bone repair therapy for the treatment of bone voids and other skeletal system bone defects caused by trauma or age-related degeneration. Around 900,000 people require treatment for bone voids and other bone defects of the knee, which cause pain and impaired function and may necessitate total joint replacement therapy.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Orthopedic Regenerative Surgical Products Market Characteristics
3. Orthopedic Regenerative Surgical Products Market Trends And Strategies
4. Orthopedic Regenerative Surgical Products Market - Macro Economic Scenario
5. Orthopedic Regenerative Surgical Products Market Size And Growth
…..
27. Orthopedic Regenerative Surgical Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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