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The global orthobiologics market was valued at USD 6.62 billion in 2022, growing at a CAGR of 5.94% from 2023 to 2032. The market is expected to reach USD 11.79 billion by 2032. The rising participation of individuals in physical and sports activities, along with the rise in the prevalence of sports injuries and road accidents, are expected to propel market growth.
Orthobiology, additionally known as regenerative medication, is a swiftly growing area that offers new methods to deal with acute orthopaedic injuries and chronic or degenerative sicknesses without surgical treatment. It's miles one in every of many promising remedies for joint, muscle and gentle tissue accidents. Orthobiological materials are used by orthopedists to hurry up the restoration of wounds. They're used to enhance the restoration of damaged bones and injured muscle mass, ligaments, and tendons. Some usually used orthobiologic treatments consist of platelet-rich plasma (PRP), autologous conditioned plasma (ACP), stem cells, and bone marrow aspirate concentrate (BMAC). Orthobiology is a subset of regenerative medicine that specializes in the usage of obviously occurring organic agents and their capacity to achieve beneficial clinical effects in musculoskeletal sicknesses.
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The increasing prevalence of chronic diseases and trauma emergencies: The increasing prevalence of chronic illnesses, such as chronic care management solutions such as Asthma and heart disease, is the driving factor of the market growth. Further, the rising geriatric population and raised awareness about orthobiologics are also propelling factors of the market growth. Moreover, the increased investment in research & development and progressive technological innovations by the major market participants are helping to boost market growth. Additionally, the mounting demand for innovative IT services & solutions that promote the efficient delivery of value-based medical care is propelling market growth. Furthermore, the large-scale budgets allocated for healthcare, in addition to the surging need for progressive value-based healthcare and disease management across numerous healthcare settings, are also helping to stimulate market growth.
The high costs & inadequate reimbursements for orthobiologics products and procedures: The high prices & inadequate reimbursements for ortho biologics procedures & products are hindering the market growth. Furthermore, the high cost involved in tissue engineering and regenerative medicine, along with the harmful effects of Bmp-based treatments, are restraining the market growth.
The increase in the development of new products: The increase in the development of new products and the rise in strategic initiatives by key market players are the opportunity factor of market growth. Additionally, the increasing popularity of orthobiologics is expected to drive market growth over the forecast period. Furthermore, orthobiologics treatment focuses on utilizing the healing & rejuvenating properties of the body's cells to repair damaged tissues. Some innovative osteoporosis options for the treatment of osteoporosis include adipose stromal stem cells (ADMSC), platelet-rich plasma (PRP), autologous chondrocyte transplantation (ACI), bone marrow concentrate (BMC) and autologous conditioned serum. Thus, these factors are helping to stimulate market growth over the upcoming year. Further, the extensive potential in developing regions and an expansion in demand for advancement in therapy are expected to drive market growth in the forthcoming year. However, technologically advanced product development, strong development potential in developing countries, and raised demand for sophisticated therapy are helping to boost market growth over the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global orthobiologics market, with a 44.21% market revenue share in 2022. The rising R&D investments and collaborations by prominent medical device and biotechnology companies are expected to propel market growth in this region. Moreover, an advancement in the treatment and growing physician and patient awareness about innovative treatment procedures and technologies are expected to drive market growth in this region. Additionally, the growing demand for minimally invasive surgeries and increasing awareness about the side effects of oral medications for pain relief are expected to propel the market growth in this region. However, the presence of major participants involved in new product development strategies and reimbursement procedures provided for soft tissue healing is helping to boost the market growth in this region. The Asia Pacific region will account for the largest market share with revenue growth. This growth is attributed to the rising investment in research and development for regenerative medicine. Further, the growing number of cases suffering from osteoarthritis & degenerative arthritis and spinal fusion soft tissue injuries propel the market growth in this region. However, an increase in the occurrence of the majority of the important players, along with the rise in healthcare expenditure and disposable income, are expected to propel the market growth in this region.
North America Region Orthobiologics Market Share in 2022 - 44.21%
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The application segment is divided into trauma repair, spinal fusion, maxillofacial and dental applications, osteoarthritis and degenerative arthritis, soft tissue injuries, and reconstructive surgery. The spinal fusion segment dominated the market, with a share of around 27.16% in 2022. This growth is attributed to the rise in the advancements in surgical procedures and the surge in healthcare expenditure.
The product segment is divided into bone morphogenetic protein (BMP), demineralized bone matrix (DBM), viscosupplementation, allograft, stem cell therapy, synthetic bone substitutes, and others. The viscosupplementation segment dominated the market, with a share of around 26.14% in 2022. This growth is attributed to the rising number of osteoarthritis, especially hip and knee joints, and the lesser cost of Viscosupplementation products.
The end-user segment is divided into orthopaedic clinics, research and academic institutes, ambulatory care centres, hospitals, and others. The hospital segment dominated the market, with a share of around 28.12% in 2022. This growth is attributed to the increasing adoption of orthobiological products in a wide range of spinal & reconstructive surgeries performed in hospitals.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 6.62 Billion |
| Market size value in 2032 | USD 11.79 Billion |
| CAGR (2023 to 2032) | 5.94% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Application, Product, End-User |
North America region emerged as the largest market for orthobiologics.
The market's growth will be influenced by the increasing prevalence of chronic diseases and trauma emergencies.
The increase in the cost of orthobiologics-based treatments could hamper the market growth.
The increase in the development of new products will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing participation of individuals in sports and physical activities
5.2.2. The rise in the elderly population
5.2.3. The increasing popularity of stem cell therapy
5.2.4. The increasing prevalence of chronic diseases and trauma emergencies
5.2.5. The growing demand for minimally invasive procedures
5.3. Restraints
5.3.1. The high costs and inadequate reimbursements for orthobiologics products and procedures
5.3.2. The lack of awareness regarding viscosupplementation
5.4. Opportunities
5.4.1. The increase in the development of new Products
5.4.2. The increasing prevalence of orthopedic disorders
6. Global Orthobiologics Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Trauma Repair
6.3. Spinal Fusion
6.4. Maxillofacial and Dental Applications
6.5. Osteoarthritis and Degenerative Arthritis
6.6. Soft Tissue Injuries
6.7. Reconstructive Surgery
7. Global Orthobiologics Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Bone Morphogenetic Protein (BMP)
7.3. Demineralized Bone Matrix (DBM)
7.4. Viscosupplementation
7.5. Allograft
7.6. Stem Cell Therapy
7.7. Synthetic Bone Substitutes
7.8. Others
8. Global Orthobiologics Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Orthopedic Clinics
8.3. Research and Academic Institutes
8.4. Ambulatory Care Centers
8.5. Hospitals
8.6. Others
9. Global Orthobiologics Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Orthobiologics Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Orthobiologics Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Medtronic
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Bone Biologics Corp
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Pioneer Surgical Technology
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Bioventus LLC
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. DePuy Synthes, Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Stryker Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Smith & Nephew plc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Wright Medical Technology
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Globus Medical
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Osiris Therapeutics, Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Genzyme
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Anthrex
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Zimmer Biomet
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Orthofix, Inc.
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. NuVasive, Inc
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global Orthobiologics Market, By Application, 2019-2032 (USD Billion)
2. Global Trauma Repair, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
3. Global Spinal Fusion, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
4. Global Maxillofacial and Dental Applications, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
5. Global Osteoarthritis and Degenerative Arthritis, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
6. Global Soft Tissue Injuries, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
7. Global Reconstructive Surgery, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
8. Global Orthobiologics Market, By Product, 2019-2032 (USD Billion)
9. Global Bone Morphogenetic Protein (BMP), Orthobiologics Market, By Region, 2019-2032 (USD Billion)
10. Global Demineralized Bone Matrix (DBM), Orthobiologics Market, By Region, 2019-2032 (USD Billion)
11. Global Viscosupplementation, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
12. Global Allograft, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
13. Global Stem Cell Therapy, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
14. Global Synthetic Bone Substitutes, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
15. Global Others, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
16. Global Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
17. Global Orthopedic Clinics, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
18. Global Research and Academic Institutes, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
19. Global Ambulatory Care Centers, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
20. Global Hospitals, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
21. Global Others, Orthobiologics Market, By Region, 2019-2032 (USD Billion)
22. North America Orthobiologics Market, By Application, 2019-2032 (USD Billion)
23. North America Orthobiologics Market, By Product, 2019-2032 (USD Billion)
24. North America Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
25. U.S. Orthobiologics Market, By Application, 2019-2032 (USD Billion)
26. U.S. Orthobiologics Market, By Product, 2019-2032 (USD Billion)
27. U.S. Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
28. Canada Orthobiologics Market, By Application, 2019-2032 (USD Billion)
29. Canada Orthobiologics Market, By Product, 2019-2032 (USD Billion)
30. Canada Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
31. Mexico Orthobiologics Market, By Application, 2019-2032 (USD Billion)
32. Mexico Orthobiologics Market, By Product, 2019-2032 (USD Billion)
33. Mexico Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
34. Europe Orthobiologics Market, By Application, 2019-2032 (USD Billion)
35. Europe Orthobiologics Market, By Product, 2019-2032 (USD Billion)
36. Europe Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
37. Germany Orthobiologics Market, By Application, 2019-2032 (USD Billion)
38. Germany Orthobiologics Market, By Product, 2019-2032 (USD Billion)
39. Germany Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
40. France Orthobiologics Market, By Application, 2019-2032 (USD Billion)
41. France Orthobiologics Market, By Product, 2019-2032 (USD Billion)
42. France Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
43. U.K. Orthobiologics Market, By Application, 2019-2032 (USD Billion)
44. U.K. Orthobiologics Market, By Product, 2019-2032 (USD Billion)
45. U.K. Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
46. Italy Orthobiologics Market, By Application, 2019-2032 (USD Billion)
47. Italy Orthobiologics Market, By Product, 2019-2032 (USD Billion)
48. Italy Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
49. Spain Orthobiologics Market, By Application, 2019-2032 (USD Billion)
50. Spain Orthobiologics Market, By Product, 2019-2032 (USD Billion)
51. Spain Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
52. Asia Pacific Orthobiologics Market, By Application, 2019-2032 (USD Billion)
53. Asia Pacific Orthobiologics Market, By Product, 2019-2032 (USD Billion)
54. Asia Pacific Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
55. Japan Orthobiologics Market, By Application, 2019-2032 (USD Billion)
56. Japan Orthobiologics Market, By Product, 2019-2032 (USD Billion)
57. Japan Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
58. China Orthobiologics Market, By Application, 2019-2032 (USD Billion)
59. China Orthobiologics Market, By Product, 2019-2032 (USD Billion)
60. China Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
61. India Orthobiologics Market, By Application, 2019-2032 (USD Billion)
62. India Orthobiologics Market, By Product, 2019-2032 (USD Billion)
63. India Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
64. South America Orthobiologics Market, By Application, 2019-2032 (USD Billion)
65. South America Orthobiologics Market, By Product, 2019-2032 (USD Billion)
66. South America Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
67. Brazil Orthobiologics Market, By Application, 2019-2032 (USD Billion)
68. Brazil Orthobiologics Market, By Product, 2019-2032 (USD Billion)
69. Brazil Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
70. Middle East and Africa Orthobiologics Market, By Application, 2019-2032 (USD Billion)
71. Middle East and Africa Orthobiologics Market, By Product, 2019-2032 (USD Billion)
72. Middle East and Africa Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
73. UAE Orthobiologics Market, By Application, 2019-2032 (USD Billion)
74. UAE Orthobiologics Market, By Product, 2019-2032 (USD Billion)
75. UAE Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
76. South Africa Orthobiologics Market, By Application, 2019-2032 (USD Billion)
77. South Africa Orthobiologics Market, By Product, 2019-2032 (USD Billion)
78. South Africa Orthobiologics Market, By End-User, 2019-2032 (USD Billion)
List of Figures
1. Global Orthobiologics Market Segmentation
2. Global Orthobiologics Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Orthobiologics Market Attractiveness Analysis By Application
9. Global Orthobiologics Market Attractiveness Analysis By Product
10. Global Orthobiologics Market Attractiveness Analysis By End-User
11. Global Orthobiologics Market Attractiveness Analysis By Region
12. Global Orthobiologics Market: Dynamics
13. Global Orthobiologics Market Share By Application (2023 & 2032)
14. Global Orthobiologics Market Share By Product (2023 & 2032)
15. Global Orthobiologics Market Share By End-User (2023 & 2032)
16. Global Orthobiologics Market Share By Regions (2023 & 2032)
17. Global Orthobiologics Market Share By Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global orthobiologics based on below mentioned segments:
Global Orthobiologics Market by Application:
Global Orthobiologics Market by Product:
Global Orthobiologics Market by End-User:
Global Orthobiologics by Region:
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