Press release
Global Orthobiological Products Market Industry Analysis, Market Size, Market Share And Forecasts 2012 - 2018
The global orthobiological products market is expected to grow to $15.3 billion by the year 2022 as a result of tremendous growth in the medical devices industry mainly due to increase in aging population.
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Growth of orthobiological products is driven by increasing awareness towards adoption of orthobiologics, development in technology, and increasing number of orthopedic related procedures.
As population continues to grow, there is simultaneous rise in aging population which is contributing to the growth of the orthobiological products industry as need for orthopedic procedures is greater in such elderly population. Other factors driving the growth of this market include increasing number of obese patients with rising levels of osteoarthritis and rheumatoid arthritis and patients with need for cartilage repair procedures. Also, there are increasing occurrences of diseases like diabetes which is leading to slower bone and tissue healing, thus resulting in increasing numbers of trauma and sports related injuries.
Orthopedic surgery was limited to metal and screw implants to repair the fractured and damages bones, however, development in technology has propelled the field of orthopedics with the newer alternatives that are offering better comfort and durability.
Orthobiologics involves use of biology and biochemistry in development of bone and tissue replacement materials. This is the fastest growing segment of the orthopedic industry as it has provided alternatives for traditional bone and tissue repairs offering better durability. Orthobiologics is helping in increasing the strength and ability of repair and decreases the length of the postoperative period.
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Market Segmentation
Segmentation Based on Application
Bone Grafting
Fracture Repair
Spinal Surgery
Revision Hip and Knee Replacement
Soft Tissue Repair
Cartilage Repair and Regeneration
Tendon and Ligament Repair
Orthobiological Products Market analyzes this market based in its important segments and major geographies. Geographies analyzed under this research report are
North America
Asia Pacific
Europe
Rest of the World
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This report includes comprehensive analysis of
Current trends in market
Industry growth drivers
Factors affecting market growth
Market structure
Industry projections for upcoming years
This report also includes detailed analysis of technological improvements in the field, Porter’s five force model analysis, and complete company profiles of top industry players. The report provides review of micro and macro factors significant with respect to new entrants and existing market players with value chain analysis.
Major Players
Some of the major players dominating this market are Allograft Tissue systems, Baxter International Inc, Berkeley Advanced Biomaterials Inc., Bone Biologics Inc, Bone Solutions Inc, Interventional Spine Inc, Kinetic Concepts Inc, Medtronic Inc., Osiris Therapeutics Inc, Pioneer Surgical Technology, Smith & Nephew plc, Spinal Restoration, Stryker Corp, Tissue Banks International, Tissue Genesis Inc, and others.
Reasons for Buying this Report
This research report provides forward looking perspective on major factors driving and restricting market growth
Report provides pin-point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by making in-depth analysis of market
It provides distinctive graphics and exemplified SWOT analysis of major industry segments
Report provides technological growth map over time and explains its impact on market
It also provides up-to-date analysis of latest trends in market and helps you stay updated with recent technological improvements
Report provides detailed analysis of major competitors and their strategies
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