Press release
Orthobiologics Devices And Equipment Market Size, Growth, Trends And Forecast To 2033
Orthobiologics Devices And Equipment Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=2568&type=smp
According to The Business Research Company's, The orthobiologics devices and equipment market size has grown strongly in recent years. It will grow from $5.29 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to market entry of innovative devices, clinical research and trials, rise in sports injuries and aging population, regulatory standards compliance, evolution of implant designs.
The orthobiologics devices and equipment market size is expected to see strong growth in the next few years. It will grow to $7.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to ai-assisted surgical planning, value-based healthcare initiatives, market expansion in emerging economies, precision surgery tools, regenerative medicine emphasis. Major trends in the forecast period include ai-assisted planning and simulation, patient-specific solutions, enhanced biologic integration, minimally invasive procedures, focus on regenerative therapies.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/orthobiologics-devices-and-equipment-global-market-report
Market Drivers and Trends:
The aging population profile of most countries contributed to the growth of orthobiologics devices and equipment market globally. 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 increase in the aging population has increased the patient pool of many orthopedic disorders and led to an increase in the demand for orthobiologics devices and equipment market.
Biodegradable implants are increasingly being used in orthobiologics treatment and trauma orthopedic surgeries. Biodegradable implants are used to replace a missing biological structure, support a damaged biological structure, and enhance the existing bone structure. Biodegradable products such as re-absorbable polymers composed of polyglycolic acid and polylactic acid manufactured in the form of plates, screws, and pins are replacing traditional devices like plates and screws which are more expensive. Surgeons are preferring biodegradable implants to replace conventional implants, as biodegradable implants can be engineered to provide temporary support for bone fractures, can degrade at a rate matching new tissue formation, eliminate the need for the second surgery, and are highly useful in fracture fixation in children with less implant-related infections. For instance, Stryker Corp. offers orthobiologics such as bone repair biodegradable products that are used in bone regeneration and bone healing, soft tissue regeneration, and muscle connection to bone
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
BONESUPPORT AB, Sanofi SA, Medtronic plc, Kuros Biosciences Ltd., Stryker Corporation, Baxter International Inc., DePuy Synthes, Braun Melsungen AG, Zimmer Biomet Holdings Inc., Terumo BCT Inc., Terumo Corporation, Smith & Nephew plc, Arthrex Inc., Enovis Corp., Integra Lifesciences Holding Corporation, NuVasive Inc., Globus Medical Inc., Wright Medical Group NV, Bioventus LLC, Orthofix Medical Inc., Pioneer Surgical Technology Inc., RTI Surgical Inc., SeaSpine Holdings Corporation, Xtant Medical Holdings Inc., Acumed LLC, Bone Biologics Corp., Osiris Therapeutics Inc., K2M Group Holdings Inc., BSN medical Pvt. Ltd.
Orthobiologics Devices And Equipment Market 2024 Key Insights:
• The orthobiologics devices and equipment market size is expected to see strong growth in the next few years. It will grow to $7.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
• Global Aging Population Fuels Growth In The Orthobiologics Devices And Equipment Market
• Biodegradable Implants Transforming Orthobiologics And Trauma Orthopedic Surgeries
• North America was the largest region in the global Ortho biologics devices and equipment market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=2568&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Orthobiologics Devices And Equipment Market Size, Growth, Trends And Forecast To 2033 here
News-ID: 3792410 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Ortho
Ortho Cresol Latest Market Report 2026
Global Info Research's report offers an in-depth look into the current and future trends in Ortho Cresol, making it an invaluable resource for businesses involved in the sector. This data will help companies make informed decisions on research and development, product design, and marketing strategies. It also provides insights into Ortho Cresol' cost structure, raw material sources, and production processes. Additionally, it offers an understanding of the regulations and policies…
Global High Ortho-phthalates Sales Market Size by Application, Type, and Geograp …
USA, New Jersey- According to Market Research Intellect, the global High Ortho-phthalates Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The High Ortho-phthalates sales market is experiencing significant growth due to the expanding demand for plasticizers in various industries, such as automotive, construction, and…
Advanced Orthodontic Care at Quest Ortho!
At Quest Ortho, we're excited to remind you of our unwavering commitment to your orthodontic care and comfort. We proudly offer a suite of cutting-edge technologies, ensuring you receive the most effective and efficient orthodontic care available.
Our mission is to keep you informed about the advanced solutions we offer, so you can take full advantage of them, ensuring a seamless and comfortable orthodontic journey.
We understand the importance of utilizing…
Ortho Rinse Pick Reviews - Does Ortho Rinse Pick Really Work? Read OrthoRinse Pi …
Ortho Rinse Pick is a revolutionary oral hygiene tool that aims to enhance the oral care routine, particularly for individuals with orthodontic appliances such as braces, aligners, or retainers. This innovative device is designed to effectively clean hard-to-reach areas, ensuring optimal oral health during orthodontic treatment.
Orthodontic appliances often pose challenges when it comes to maintaining proper oral hygiene. The brackets, wires, and other components create intricate spaces where food particles,…
Ortho-Dichlorobenzene Market Research Report 2022
Due to the COVID-19 pandemic, the global Ortho-Dichlorobenzene market size is estimated to be worth US$ 78.23 million in 2022 and is forecast to a readjusted size of US$ 104.61 million by 2028 with a CAGR of 4.96% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 99.8% min Purity accounting for 72.22% of the Ortho-Dichlorobenzene global market in 2021, is projected to value US$…
2019 Interlocking Nails Market | BioMedtrix, Innovative Ortho Surgicals, Biotek, …
Interlocking Nails Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
Download PDF Sample of this Report @
https://www.supplydemandmarketresearch.com/home/contact/318183?ref=Sample-and-Brochure&toccode=SDMRLI318183&utm_source=S2
Company Coverage (Sales Revenue, Price, Gross…
