Orthobiologics market dimension to extend by USD 2,638.44 million: North America will account for 41% of market progress

NEW YORK, Jan. 24, 2023 /PRNewswire/ — The orthobiologics market by product and geography – forecast and analysis 2023-2027 report has been printed by Technavio. Market progress is estimated to speed up at a CAGR of 7.88% and register an incremental progress of USD 2,638.44 million in the course of the forecast interval. The report gives a complete evaluation of progress alternatives at regional ranges, new product launches, the most recent traits, and the post-pandemic restoration of the worldwide market. Download a PDF sample report

Firm profiles

The orthobiologics market report consists of info on the important thing merchandise and up to date developments of main distributors, together with:

• Superior Medical Options Group Plc: The corporate presents orthobiogenics options that embody artificial bone substitutes, collagen membranes, and bioabsorbable screws.

• Anika Therapeutics Inc.: The corporate presents orthobiogenic options, together with early intervention orthopedic care, osteoarthritis ache administration, regenerative options, smooth tissue restore, and bone-preserving joint applied sciences.

• Bioventus LLC: The corporate presents orthobiogenics options that embody a totally automated system, which makes use of 3-sensor expertise (3ST) and one-button automation to arrange personalized platelet-rich plasma (PRP) formulations.

• Globus Medical Inc.: The corporate presents orthobiogenics options, together with porous, biocompatible, and resorbable bi-phasic scaffold implants consisting of interconnected pure inorganic calcium carbonate (aragonite).

• Integra Lifesciences Holdings Corp.: The corporate presents orthobiogenics options that embody superior stem cell allografts, bioactive bone void fillers, demineralized bone matrices, and amniotic barrier merchandise.

• Johnson and Johnson

• Kuros Biosciences AG

• Medtronic Plc

• MTF Biologics

• To achieve entry to extra vendor profiles obtainable with Technavio, buy the report!

Regional evaluation

Primarily based on area, the worldwide orthobiologics market is segmented into North America, Europe, Asia, and the Remainder of World (ROW). North America is estimated to account for 41% of the expansion of the worldwide market in the course of the forecast interval. The expansion of the market within the area will probably be pushed by components such because the presence of a well-established healthcare system that gives high-quality orthobiologics.

Market dynamics

The market is pushed by components such because the rising prevalence of orthopedic problems, the rise in concentrate on lowering orthopedic surgical procedures, and the rise in approvals and clearances for orthobiologics merchandise. Nonetheless, the excessive prices and insufficient reimbursements for orthobiologics merchandise and procedures are hindering the market progress.

Aggressive evaluation

The aggressive situation categorizes firms based mostly on numerous efficiency indicators. A few of the components thought of embody the monetary efficiency of firms over the previous few years, progress methods, product improvements, new product launches, investments, progress in market share, amongst others. Request a sample

Market segmentation

• Primarily based on software, the market is segmented into spinal fusion, reconstructive surgical procedure, trauma restore, and others. The spinal fusion phase accounted for the most important share of the market in 2022.

• Primarily based on geography, the market is segmented into North America, Europe, Asia, and the Remainder of World (ROW). North America held the most important share of the market in 2022.

• Primarily based on product, the market is segmented into bone graft substitutes, viscosupplementation, and stem cells.

Associated reviews:

The ortho pediatric devices market dimension is predicted to extend by USD 1.36 billion from 2021 to 2026, and the market’s progress momentum will speed up at a CAGR of 6.89%. The rising incidence of pediatric orthopedic accidents is notably driving the ortho pediatric gadgets market progress, though components akin to excessive prices related to orthopedic gadgets and surgical procedures might impede the market progress.

The orthostatic hypotension drugs market dimension is predicted to extend by USD 571.76 million from 2021 to 2026, and the market’s progress momentum will speed up at a CAGR of 9.06%. The rising prevalence of OH within the geriatric inhabitants is notably driving the orthostatic hypotension medication market progress, though components such because the low analysis price of oh might impede the market progress.

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What are the important thing information coated on this orthobiologics market report?

• CAGR of the market in the course of the forecast interval

• Detailed info on components that may drive the expansion of the orthobiologics market between 2023 and 2027

• Exact estimation of the dimensions of the orthobiologics market and its contribution to the mother or father market

• Correct predictions about upcoming traits and modifications in shopper conduct

• Development of the market throughout North America, Europe, Asia, and the Remainder of World (ROW)

• A radical evaluation of the market’s aggressive panorama and detailed details about distributors

• Complete evaluation of things that may problem the expansion of orthobiologics market distributors

Browse for Technavio’s healthcare market reviews

Desk of contents:

1 Govt Abstract

2 Market Panorama

3 Market Sizing

4 Historic Market Measurement

5 5 Forces Evaluation

6 Market Segmentation by Utility

7 Market Segmentation by Product

8 Buyer Panorama

9 Geographic Panorama

10 Drivers, Challenges, and Developments

11 Vendor Panorama

12 Vendor Evaluation

13 Appendix

About Us

Technavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation concentrate on rising market traits and supply actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in current and potential markets and assess their aggressive positions inside altering market eventualities.

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SOURCE Technavio