Orthobiologics Market Size to Hit $6.87 Billion by 2025 | Current Trends and Industry Analysis
Orthobiologics are substances that orthopedic surgeons utilize to help injuries heal more quickly. These products are made from substances that are naturally found in human body. These are used to improve the healing of broken bones and injured muscles, tendons, and ligaments.
Orthobiologics market was valued at $4,870 million in 2017, and is projected to reach $6,870 million by 2025, growing at a CAGR of 4.3% from 2018 to 2025.
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Stryker Corporation, Zimmer Biomet Holdings, Inc., Wright Medical Group, Inc., Integra LifeSciences Holdings Corporation, Arthrex, Inc. (Arthrex), Johnson and Johnson (J&J), Exactec Inc., Medline Industries, Inc., Globus Medical, Inc., and NuVasive Inc.
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The orthobiologics market can be segmented based on various factors. Here are some common segments within the orthobiologics market:
- Product Type: a. Demineralized Bone Matrix (DBM): DBM is derived from allograft bone and contains growth factors and proteins that promote bone healing. b. Bone Morphogenetic Proteins (BMP): BMPs are synthetic proteins that stimulate bone growth and regeneration. c. Viscosupplementation: Viscosupplements are injectable products used to lubricate and cushion joints, commonly used in the treatment of osteoarthritis. d. Stem Cell Therapy: Stem cell-based orthobiologics involve the use of mesenchymal stem cells or adipose-derived stem cells to promote tissue regeneration and healing. e. Allografts: Allografts are grafts derived from human donors and are used for bone or tissue replacement. f. Others: This category may include orthobiologic products such as synthetic bone grafts, autografts, and platelet-rich plasma (PRP).
- Application: a. Spinal Fusion: Orthobiologics are used to facilitate bone fusion in spinal surgeries. b. Joint Reconstruction: Orthobiologics are utilized in joint replacement procedures to enhance bone healing and improve implant fixation. c. Trauma & Fracture Repair: Orthobiologics are used to accelerate the healing process in fractures and traumatic injuries. d. Soft Tissue Repair: Orthobiologics can be employed in the repair of ligaments, tendons, and other soft tissues. e. Maxillofacial & Dental Applications: Orthobiologics find application in procedures such as bone grafting and dental implant surgeries.
- End User: a. Hospitals and Clinics: Orthobiologic products are used in various orthopedic procedures performed in hospitals and clinics. b. Ambulatory Surgical Centers (ASCs): ASCs are increasingly adopting orthobiologics for outpatient orthopedic surgeries. c. Research & Academic Institutes: Orthobiologics are also utilized in research studies and academic settings.
- Geography: The orthobiologics market can be segmented by region, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region may have different market dynamics, regulatory frameworks, and adoption rates of orthobiologic products.
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