Global Orthobiologics Market Trends, Size, Share & Analysis 2019-2027

GLOBAL ORTHOBIOLOGICS MARKET FORECAST 2019-2027

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GLOBAL ORTHOBIOLOGICS MARKET FORECAST 20182026

MARKET OVERVIEW • The increasing rise in the geriatric population is giving rise to implantable medical devices thereby giving rise to conditions like arthritis thus boosting the growth of the market. According to the WHO, there has been a substantial rise in the global geriatric population; the group of people above 65 years of age is the fastest growing population segment. This segment is expected to grow from 13% in 2010 to 53% by 2022.

• Although, the healthcare reorganizations are assessed to have affected the orthobiologics surgeons. Such organizations, restrict a doctor from owing future constructed hospitals. The law stops existing doctors owned facilities from further adding investors and thereby limiting the growth of the market.

• Increasing disposable income globally is estimated to be one of the factors that are creating numerous expansion opportunities for the growth of the orthobiologics market and further leaving a positive impact.

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KEY FINDINGS

• Orthobiologics are substances that orthopedic surgeons use to help injuries heal more quickly.

• They are used to improve the healing of broken bones and injured muscles, tendons, and ligaments.

• These products are made from substances that are naturally available in the human body.

• When they are used in higher concentrations, orthobiologics substances help speed up the healing process.

• The demand for rapid recovery coupled with reduced hospital stay is one of the main factors promoting the growth of this market.

• The global orthobiologics market is growing at a CAGR of 5.14% in the forecasting period 2019-2027.

INTRODUCTION Global Advanced driver assistance system (ADAS) market by End-User, by Products, by Application & by geography.

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NORTH AMERICA ORTHOBIOLOGICS MARKET • North America orthobiologics market finds its application in spinal fusion, trauma repair, reconstructive surgery, tendon and ligament repair, and others. • The orthobiologics market in North America is growing at a CAGR of 5.10% (in million $) owing due to the growth in geriatric population coupled with the rise in disposable income paving the way for the market in this region.

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EUROPE ORTHOBIOLOGICS MARKET • The Europe orthobiologics market growth is expected at the CAGR of 5.04% in the forecast period 2019-2027. • Development of new-end technology coupled with a rise in orthopedic surgeries in European countries is the fundamental factor influencing the growth of the orthobiologics market in the Europe region.

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ASIA PACIFIC ORTHOBIOLOGICS MARKET • The Asia Pacific orthobiologics market is expected to grow at a CAGR of 7.09% in the forecast period 20192027 owing to the increase in hip surgeries coupled with the high percentage of medical tourism promoting the growth of the market in this region.

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COMPETITIVE INSIGHTS AAP Implantate AG, Allosource, Amedica Corporation, Baxter International Inc., Conmed Corporation, Depuy Inc. (Acquired By Johnson And Johnson), Exactech Inc., Integra Lifesciences Holding Corporation, Medtronic Inc., Nuvasive Inc., RTI Surgical Sanofi, Smith & Nephew Plc, Stryker Corporation and Zimmer Biomet Inc. are the major companies mentioned in the report.

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