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Orthobiologics Market Size Forecasted To Achieve $9.7 Billion By 2029 With Steady Growth
Orthobiologics
What Is the Orthobiologics Market Size and Projected Growth Rate?
The orthobiologics market has shown strong growth over recent years. It is anticipated to grow from $7.08 billion in 2024 to $7.56 billion in 2025, with a CAGR of 6.7%. Historic growth drivers include increased orthopedic disorders, a shift to less invasive techniques, more reconstructive procedures, rising healthcare spending, greater awareness, and improved economic conditions in developing regions.
The orthobiologics market is set to experience strong growth in the upcoming years. It will reach $9.7 billion by 2029, with a CAGR of 6.5%. The market's growth is fueled by the aging population, sedentary lifestyles, the ongoing development of advanced products, favorable reimbursement policies, regulatory approvals, and expanding indications for existing products. Key trends include progress in regenerative medicine, innovations in products, technological advancements, and market expansion efforts.
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What Are the Major Segments in the Orthobiologics Market?
The orthobiologics market covered in this report is segmented -
1) By Product Type: Viscosupplements, Bone Growth Factors, Demineralized Bone Matrix, Synthetic Bone Substitutes, Cellular Allograft, Other Products
2) By Application: Spinal Fusion, Maxillofacial And Dental, Soft Tissue Repair, Reconstructive And Fracture Surgery, Other Applications
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Viscosupplements: Hyaluronic Acid Injections, Gel-Based Viscosupplements, Cross-linked Hyaluronic Acid, Other Viscosupplement Products
2) By Bone Growth Factors: Bone Morphogenetic Proteins (BMPs), Recombinant Human Bone Morphogenetic Proteins (rhBMPs), Platelet-Rich Plasma (PRP), Osteogenic Protein-1 (OP-1), Growth Factors For Bone Healing
3) By Demineralized Bone Matrix: DBM Grafts, DBM Putty, DBM Sponges, DBM Paste And Chips
4) By Synthetic Bone Substitutes: Calcium Phosphate-Based Substitutes, Calcium Sulfate-Based Substitutes, Tricalcium Phosphate (TCP), Hydroxyapatite (HA), Bioactive Glasses, Other Synthetic Bone Substitutes
5) By Cellular Allograft: Osteocellular Allografts, Mesenchymal Stem Cells (MSCs) Allografts, Bone Marrow-Derived Cellular Allografts, Adipose Tissue-Derived Cellular Allografts
6) By Other Products: Autografts, Collagen-Based Grafts, Synthetic Bone Graft Substitutes (Non-Bioactive), Amniotic Membrane-Based Grafts, Exosome-Based Products, Other Miscellaneous Orthobiologic Products
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What Are The Driving Orthobiologics Market Evolution?
The increasing number of road accidents and sports injuries is expected to contribute to the growth of the orthobiologics market. These injuries, often involving the musculoskeletal system, are rising due to factors like distracted driving, poor road conditions, and improper sports equipment. Orthobiologics, such as bone grafts and stem cells, aid in faster healing. Eurostat reported an increase in road accident fatalities in Europe, further driving the demand for orthobiologics.
Which Firms Dominate The Orthobiologics Market Segments?
Major companies operating in the orthobiologics market are Johnson & Johnson, Medtronic plc, Zimmer Biomet, Arthrex Inc., Integra Lifesciences Corporation, NuVasive Inc., Globus Medical, Bioventus, MTF Biologics, ATEC Spine Inc., Exactech Inc., SeaSpine, RTI Surgical, AlloSource, XTANT MEDICAL, Spine Wave Inc., Bone Biologics Corp., Locate Bio Limited, Wright Medical Group N.V., BoneSupport AB, Graftys, Regenexx, Acumed LLC, Baxter International Inc., LifeNet Health
What Trends Are Driving Growth in The Orthobiologics Market?
Companies in the orthobiologics market are launching innovative solutions like dry allograft mixtures to improve outcomes in bone fusion surgeries. In May 2024, U.S.-based Isto Biologics released Fibrant Liberty allograft, which combines robust cortical fibers with mineralized bone chips. When hydrated, the graft becomes pliable and remains structurally stable during procedures, promoting bone healing and preventing migration.
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Which Is The Largest Region In The Orthobiologics Market?
North America was the largest region in the orthobiologics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthobiologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Orthobiologics Market?
2. What is the CAGR expected in the Orthobiologics Market?
3. What Are the Key Innovations Transforming the Orthobiologics Industry?
4. Which Region Is Leading the Orthobiologics Market?
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