“Increase in demand for advanced treatment and surge in geriatric population across the globe are anticipated to significantly drive the growth of the orthobiologics market. Furthermore, rise in prevalence of spinal injuries, osteoarthritis, soft tissue injuries, and upsurge in awareness related to use of orthobiologics among patients and athletes are the factors that augment the market growth.”
Orthobiologics are substances that orthopedic surgeons utilize to help injuries heal more quickly. These products are made from substances that are naturally found in human body. These are used to improve the healing of broken bones and injured muscles, tendons, and ligaments.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/845
Leading market players analyzed in the research include 𝐒𝐭𝐫𝐲𝐤𝐞𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐙𝐢𝐦𝐦𝐞𝐫 𝐁𝐢𝐨𝐦𝐞𝐭 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬, 𝐈𝐧𝐜., 𝐖𝐫𝐢𝐠𝐡𝐭 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐆𝐫𝐨𝐮𝐩, 𝐈𝐧𝐜., 𝐈𝐧𝐭𝐞𝐠𝐫𝐚 𝐋𝐢𝐟𝐞𝐒𝐜𝐢𝐞𝐧𝐜𝐞𝐬 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐀𝐫𝐭𝐡𝐫𝐞𝐱, 𝐈𝐧𝐜. (𝐀𝐫𝐭𝐡𝐫𝐞𝐱), 𝐉𝐨𝐡𝐧𝐬𝐨𝐧 𝐚𝐧𝐝 𝐉𝐨𝐡𝐧𝐬𝐨𝐧 (𝐉&𝐉), 𝐄𝐱𝐚𝐜𝐭𝐞𝐜 𝐈𝐧𝐜., 𝐌𝐞𝐝𝐥𝐢𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬, 𝐈𝐧𝐜., 𝐆𝐥𝐨𝐛𝐮𝐬 𝐌𝐞𝐝𝐢𝐜𝐚𝐥, 𝐈𝐧𝐜., 𝐚𝐧𝐝 𝐍𝐮𝐕𝐚𝐬𝐢𝐯𝐞 𝐈𝐧𝐜. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.
The key factors that drive the growth of the global orthobiologics market are increase demand for advanced treatment and rise in prevalence of osteoarthritis, degenerative arthritis, spinal injuries, and soft tissue injuries majorly drive the growth of the market. Further, rise in obesity rate, growth in awareness among the patients, and increase in geriatric population supports the market growth. However, high cost of procedures and stringent regulatory approval process restrict the growth of this market. Advancements in implant technologies and growth in demand for biological solutions create opportunities for market growth.
𝐒𝐩𝐞𝐚𝐤 𝐖𝐢𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 : https://www.alliedmarketresearch.com/connect-to-analyst/845
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, the market is categorized into application such as osteoarthritis & degenerative arthritis, spinal fusion, fracture recovery, soft tissue injuries, maxillofacial, and dental applications. Osteoarthritis & degenerative arthritis is the largest segment due to increase in prevalence of these conditions. Spinal fusion was the fastest growing segment in 2017 owing to the benefits offered by orthobiologics in the treatment.
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐞𝐧𝐝 𝐮𝐬𝐞𝐫, the market is categorized into hospitals & ambulatory centers, research & academic institute, and dental clinics. The hospitals & ambulatory centers segment held largest share in the market in 2017 and is the fastest growing segment as these facilities are fully equipped for performing the surgeries and have the skilled professionals to carry out the procedures.
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
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