“Increased demand for advanced treatment and a growing geriatric population worldwide are anticipated to significantly drive growth in the orthobiological market. Furthermore, increasing prevalence of spinal cord injuries, osteoarthritis, soft tissue injuries and increased awareness related to the use of orthobiological products among patients and athletes are the factors increasing the growth of the market. ”.
Orthobiologics are substances that orthopedic surgeons use to help injuries heal faster. These products are made from substances that are naturally found in the human body. These are used to enhance the healing of broken bones and injured muscles, tendons, and ligaments.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/845
The main market actors analyzed in the investigation include 𝐒𝐭𝐫𝐲𝐤𝐞𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐙𝐢𝐦𝐦𝐞𝐫 𝐁𝐢𝐨𝐦𝐞𝐭, 𝐈𝐧𝐜., 𝐖𝐫𝐢𝐠𝐡𝐭 𝐌𝐞𝐝𝐢𝐜𝐚𝐥, 𝐈𝐧𝐜., 𝐈𝐧𝐭𝐞𝐠𝐫𝐚 𝐋𝐢𝐟𝐞𝐒𝐜𝐢𝐞𝐧𝐜𝐞𝐬 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐀𝐫𝐭𝐡𝐫𝐞𝐱, 𝐈𝐧𝐜. (𝐀𝐫𝐭𝐡𝐫𝐞𝐱), 𝐉𝐨𝐡𝐧𝐬𝐨𝐧 𝐚𝐧𝐝 (𝐉 & 𝐉), 𝐄𝐱𝐚𝐜𝐭𝐞𝐜., 𝐌𝐞𝐝𝐥𝐢𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬, 𝐈𝐧𝐜., 𝐆𝐥𝐨𝐛𝐮𝐬, 𝐈𝐧𝐜., 𝐚𝐧𝐝 𝐍𝐮𝐕𝐚𝐬𝐢𝐯𝐞 𝐈𝐧𝐜. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions and others to gain a strong foothold in the industry.
The key factors driving the growth of the global market for orthobiological products are the increasing demand for advanced treatments and the increasing prevalence of osteoarthritis, degenerative arthritis, spinal injuries and soft tissue injuries, which which mainly drives the growth of the market. Additionally, the rising rate of obesity, rising awareness among patients, and rising geriatric population support the growth of the market. However, the high cost of the procedures and the strict regulatory approval process restrict the growth of this market. Advances in implant technologies and growth in demand for biologic 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 applications such as osteoarthritis and degenerative arthritis, spinal fusion, fracture recovery, soft tissue injury, maxillofacial, and dental applications. Osteoarthritis and degenerative arthritis are the largest segment due to the increased prevalence of these conditions. Spinal fusion was the fastest growing segment in 2017 due to the benefits offered by orthobiologicals in treatment.
Furthermore, the market is categorized into hospitals and outpatient centers, academic and research institutes, and dental clinics. The hospital and outpatient center segment had the largest market share in 2017 and is the fastest growing segment as these facilities are fully equipped to perform surgeries and have the trained professionals to perform the procedures.
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, the market is studied in North America (USA, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain and the 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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