Press release
Key Orthobiologics Devices And Equipment Market Trend for 2025-2034: Biodegradable Implants Transforming Orthobiologics And Trauma Orthopedic Surgeries
What Is the Future Outlook for the Orthobiologics Devices And Equipment Market's Size and Growth Rate?In recent times, there has been steady growth in the size of the orthobiologics devices and equipment market. It is projected to rise from $5.74 billion in 2024 to $5.99 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.4%. Factors contributing to this growth during the historical period include the introduction of innovative devices in the market, clinical research and trials, an increase in sports-related injuries and an aging population, compliance with regulatory standards, and advancement in implant designs.
In the coming years, the market size for orthobiologics devices and equipment is predicted to witness robust growth, reaching $7.98 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 7.4%. The anticipated growth within the forecast period can be credited to advancements such as AI-assisted surgical planning, initiatives focusing on value-based healthcare, the expansion of the market in developing economies, introduction of precise surgical tools, and an increased emphasis on regenerative medicine. Key trends likely to be observed in the forecast period cover areas like AI-enhanced planning and simulation, solutions tailored to individual patients, improvements in biologic integration, adoption of minimally invasive procedures, and an increased focus on regenerative therapies.
What Is Stimulating Growth in the Orthobiologics Devices And Equipment Market?
The rising aging population in many countries has played a significant role in propelling the growth of the orthobiologics devices and equipment market worldwide. Data from a United Nations report shows that there was an aged 60 and above population of 962 million worldwide, making up 13% of the total global population. This population segment is projected to keep expanding by roughly 3% annually. Moreover, the report revealed that Europe houses the largest percentage of the population aged over 60. Based on data from the Population Reference Bureau, the global population over 65 years has seen a 33% surge. This rise in the aging population has expanded the patient pool for various orthopedic disorders, thus escalating the demand in the orthobiologics devices and equipment market.
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Which Key Market Leaders Are Driving Orthobiologics Devices And Equipment Industry Growth?
Major companies operating in the orthobiologics devices and equipment market include BONESUPPORT AB, Medtronic plc, Kuros Biosciences Ltd., Stryker Corporation, Baxter International Inc., DePuy Synthes, Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Arthrex Inc., Enovis Corp., Integra Lifesciences Holding Corporation, NuVasive Inc., Globus Medical Inc., Bioventus LLC, Orthofix Medical Inc., SeaSpine Holdings Corporation, Xtant Medical Holdings Inc., Acumed LLC, Bone Biologics Corp.
What Are the Emerging Trends in the Orthobiologics Devices And Equipment Industry?
There is a rising trend in the use of biodegradable implants for orthobiologics treatment and trauma orthopedic operations. The function of these implants is to substitute a missing biological structure, bolster a hurt biological structure, or improve the current bone structure. Biodegradable items like re-absorbable polymers made from polyglycolic acid and polylactic acid which are produced as plates, screws, and pins, are slowly taking the place of high-cost traditional devices like plates and screws. Surgeons are beginning to favor biodegradable implants over the standard ones as these can be designed to temporarily support bone fractures, degrade at a pace equal to the formation of new tissue, remove the necessity for a second operation, and significantly aid in fracture fixation in children with lower implant-related infections. One example being Stryker Corp., which provides orthobiologics including bone repair biodegradable products that assist in bone regeneration, bone healing, soft tissue regeneration, and muscle to bone connection.
What Are the Main Segments in the Orthobiologics Devices And Equipment Market?
The orthobiologics devices and equipment market covered in this report is segmented -
1) By Product Type: Demineralized Bone Matrix, Synthetic Bone Substitutes, Stem Cell Therapy, Plasma-Rich Protein, Viscosupplementation, Bone Morphogenetic Protein, Synthetic Orthobiologics
2) By Application: Osteoarthritis and Degenerative Arthritis, Soft-Tissue Injuries, Fracture Recovery, Maxillofacial and Dental Applications, Spinal Fusion, Trauma Repair, Reconstructive Surgery
3) By End Use: Hospitals, Orthopedic Clinics, Other End Users
Subsegments:
1) By Demineralized Bone Matrix: Injectable Demineralized Bone Matrix, Paste and Putty Forms, Demineralized Bone Matrix Scaffolds
2) By Synthetic Bone Substitutes: Calcium Phosphate Ceramics, Bioactive Glasses, Polymers and Composites
3) By Stem Cell Therapy: Adipose-Derived Stem Cell Products, Bone Marrow-Derived Stem Cell Products, Umbilical Cord Blood-Derived Stem Cell Products
4) By Plasma-Rich Protein: Platelet-Rich Plasma (PRP) Products, Platelet-Rich Fibrin (PRF) Products
5) By Viscosupplementation: Hyaluronic Acid Injections, Combination Viscosupplementation Products
6) By Bone Morphogenetic Protein (BMP): Recombinant Bone Morphogenetic Proteins, BMP Delivery Systems
7) By Synthetic Orthobiologics: Growth Factor-Enhanced Products, Biodegradable Scaffolds with Bioactive Agents, Other Synthetic Formulations
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Which Geographic Area Leads the Orthobiologics Devices And Equipment Market?
The countries covered in the orthobiologics devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Is Covered In The Orthobiologics Devices And Equipment Global Market Report?
- Market Size Analysis: Analyze the Orthobiologics Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Orthobiologics Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Orthobiologics Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Orthobiologics Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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