Orthobiologics are the substances that are found in the human body which are used to improve the healing of broken bones and injured muscles, tendons, and ligaments. The global orthobiologics market will be growing at a CAGR of 5.4% to reach $7.1 Billion by 2025 from $5.1 Billion in 2019 during 2019-2025. Increasing incidence of sports injuries and road accidents, the rise in obesity rate, growing patient preference for minimally invasive procedures are major factors leading the growth of the market. Strict regulations and approval procedures, side effects associated with BMP-based treatments and high cost associated with orthobiologics-based treatments are major restraints hampering the growth of the market. Advancements in implant technologies and growing demand for biological solutions are offering major opportunities to the orthobiologics market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Orthobiologics market statistics by product, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Orthobiologics market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Orthobiologics Market Analysis
- Analysis and conclusions on the future Orthobiologics market outlook.
Top-down and bottom-up approaches are used to validate the Orthobiologics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations
and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Orthobiologics Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Orthobiologics market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Orthobiologics market segmentation is as follows:
BY PRODUCT
- Viscosupplementation
- Demineralized Bone Matrices
- Synthetic Orthobiologics
- Bone Morphogenic Protein
- Allografts
- Plasma-Rich Protein
- Bone Marrow Aspirate Concentrate
- Stem Cell Therapy
- Bone Graft Substitutes
- Others
BY APPLICATION
- Osteoarthritis and Degenerative Arthritis
- Spinal Fusion
- Soft-Tissue Injuries
- Fracture Recovery
- Maxillofacial and Dental
BY END USER
- Hospitals, Orthopedic Clinics, & Ambulatory Care Centers
- Research & Academic Institutes
- Dental Clinics and Facilities
Geographical Analysis:
Orthobiologics Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore
and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Orthobiologics Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Orthobiologics Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Orthobiologics market players, such as
- Globus Medical Inc.
- Harvest Technologies Corporation
- K2M Group Holdings Inc.
- Kuros Biosciences Ltd
- Medtronic PLC
- Along with these companies, many other companies are considered in the report while analysing the Global Orthobiologics competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.