Uploaded on Aug 27, 2019
The global orthobiologics market was valued at $7378.42 billion in 2018 & is estimated to generate net revenue of approximately $11575.02 billion by 2027, growing at a CAGR of 5.14% between 2019-2027. Read more: https://www.inkwoodresearch.com/reports/global-orthobiologics-market/
Global Orthobiologics Market Trends, Size, Share & Analysis 2019-2027
GLOBAL ORTHOBIOLOGICS
MARKET
FORECAST 2019-2027
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GLOBAL MARKET
ORTHOBIOLOGICS OVERVIEW
MARKET FORECAST • The increasing rise in the geriatric population is giving rise to implantable medical devices
2018-2026 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 maTrkReEt aYnd
further leaving a positive impact. 2
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• Orthobiologics are substances that
Korthopedic surgeons use to help injuries heal morEe quYickl y.
• They are used to improve the healing of
FbroIkeNn boDnes IanNd injGuredS 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 INTRODUCTI
factors promoting the growth of this market.
• The global orthobiologics market is growing ON
at a CAGR of 5.14% in the forecasting period Global Advanced driver assistance
2019-2027. 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 2019-2027 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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ABOUT US
Inkwood Research specializes in syndicated research reports,
customized research reports and consulting services. We offer market
intelligence studies across a range of industries including Technology,
Chemicals, Materials, Healthcare and Energy. With 20 years of
research experience, we ensure you efficient deliverables with global
and country industry knowledge and research expertise. Our analysis
covers North & South America, Europe, CEE, CIS, Middle East, Africa
and Asia.
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