According to the recent study the Orthobiologic Market is projected to grow at a CAGR of 6%-9% from 2020 to 2025. Growth in this market is primarily driven by increasing incidence of sports injuries and road accidents, rising incidence of spinal diseases/disorders, and growing geriatric and obese population.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in orthobiologic market by product (viscosupplementation products, DBM, synthetic orthobiologics, BMP, allografts, PRP, and BMAC), application (osteoarthritis and degenerative arthritis, spinal fusion, fracture recovery, soft tissue injuries, and maxillofacial and dental products), end user (hospitals, orthopedic clinics & ambulatory care centers, research and academic institutes, and dental clinics & facilities), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Viscosupplementation products market is expected to remain the largest segment during the forecast period.”
Based on product, the orthobiologic market is segmented into viscosupplementation products, DBM, synthetic orthobiologics, BMP, allografts, PRP, and BMAC. Lucintel forecasts that the viscosupplementation products market is expected to remain the largest segment due to high adoption of the procedure, as it is associated with minimally invasive procedures with reduced pain and low cost.
“Within the orthobiologic market, the hospitals segment is expected to remain the largest end user.”
Based on end user the hospitals segment is expected to witness the highest growth over the forecast period due to the increasing adoption of orthobiological products in a wide range of spinal and reconstructive surgeries performed in hospitals.
“North America will dominate the orthobiologic market in near future.”
North America will remain the largest region over the forecast period due to the presence of a well-established healthcare market and growing geriatric population in the region.
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Major players of orthobiologic market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Bone Biologics, Medtronic Bioventus, Pioneer Surgical Technology, Smith & Nephew, Stryker, DePuy Synthes, Genzyme, Osiris Therapeutics, NuVasive, Zimmer Biomet, and Anthrex are among the major orthobiologic providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/orthobiologic-market.aspx or [email protected]
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Lucintel
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