Orthobiologics treatment helps healing procedure of different injured muscles, fractures, ligaments, tendons, and more with the help of the naturally occurring substances in the human body, known as orthobiologics. Particularly, orthobiologics comprise the growth factors, stem cells, (PRP) the platelet-rich-plasma, the conditioned serum, autologous blood, and the bone grafts. All these elements or substances are naturally occur in the body. The domain of orthobiologics is today, speedily gaining popularity and is also expanding. It allows the human body to recreate itself via countless treatment alternatives available that previously were either extremely painful or also not very effective. Hence, considering the contemporary orthobiological procedure available today, the recovery is comparatively faster and patients report returning back to their normal lives with no injury and better physical state.
Orthobiologics market was valued at over US$ 5.5 Bn. in 2017. It is anticipated to grow at a CAGR of 5.2% from 2019 to 2030.
The growth of this market can be attributed to the factors such as, increase in sports injuries and road accidents, awareness among patients & athletes, rise in obesity rate, and continuously aging population. According to the World Health Organization, 2017, fatal road accidents are the second primary cause of factures and accidental injury worldwide with almost 646000 individuals die every year around the world.
Major Key Players of the Orthobiologics Market are:
Medtronic, DePuy Synthes, Zimmer Biomet, MTF, Sanofi, Bioventus, Arthrex, Seikagaku and NuVasive among others.
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Collaborations and rising R&D investments by the prominent biotechnology and medical device companies are leading to the introduction of advanced orthobiologics which is expected to widen the base for growth of the orthobiologics. For instance, Bone Biologics Corp., is in development stages of its orthobiological product bone growth stimulator Nell-1, in collaboration (2015) with the University of California. This subsequent increase in R&D efforts led to development of a series of pipeline products that is projected to provide the vertical with profitable growth opportunities in the future.
The Orthobiologics Market is segmented on the basis of Product, Applications and region.
Major Types of Orthobiologics Market covered are:
- Introduction & Definition
- Demineralized Bone Matrix (DBM)
- Bone Morphogenetic Protein
- Viscosupplementation
- Allograft
- Stem Cell Therapy
- Others
Major Applications of Orthobiologics Market covered are:
- Introduction
- Spinal Fusion
- Trauma
- Soft-Tissue Injuries
- Reconstructive Surgery
- Other Applications
Osteoarthritis is one of the most disabling diseases majorly in developed countries. Substantial advances in treatment and surgical methods have provided effective options to decrease the disability and pain associated with some of the musculoskeletal conditions. Hip and knee joint replacement surgery is considered as the most effective intervention for severe form of osteoarthritis and fractures, reducing disability and pain, also restoring some patients to normal function. According to the data published by the OECD Health Statistics, in 2017, hip replacement rate is increased by 30% between 2000 and 2015 while the rate of knee replacement doubled.
Research objectives:-
– To study and analyze the global Orthobiologics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Orthobiologics Market by identifying its various sub-segments.
– Focuses on the key global Orthobiologics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Orthobiologics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Technological Advancement
- Regulatory & Reimbursement Scenario Snapshot
- Application Horizon Assessment
- GLOBAL MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Introduction & Definition
- Demineralized Bone Matrix (DBM)
- Bone Morphogenetic Protein
- Viscosupplementation
- Allograft
- Stem Cell Therapy
- Others
- GLOBAL MARKET – ANALYSIS & FORECAST, BY APPLICATION
- Introduction
- Spinal Fusion
- Trauma
- Soft-Tissue Injuries
- Reconstructive Surgery
- Other Applications
- GLOBAL MARKET – ANALYSIS & FORECAST, BY END USER
- Introduction
- Ambulatory Care Centers & Orthopedic Clinics
- Hospitals & Clinics
- Other End User
- GLOBAL MARKET – ANALYSIS & FORECAST, BY REGION
- North America Market
- Europe Market
- Asia Pacific Market
- Rest of the World (ROW) Market
- COMPETITIVE LANDSCAPE
- Market Share Analysis (2018)
- Key Strategies Assessment
- COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
- Depuy Synthes
- Sanofi
- Stryker
- Medtronic
- Zimmer Biomet Holdings, Inc.
- Arthrex, Inc.
- NuVasive
- MTF
- Bioventus
- Seikagaku (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
- APPENDIX
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