Global Ortho Biological Products Market to Gain Impetus with the Rising Geriatric Patient Population: Forecast 2017-2022

Published on : May 30, 2017

Albany, New York, May 30, 2017: The use of ortho biologic products and inclusion of biology and biochemistry in the treatment of bone and soft tissue injuries has been a growing area of interest for surgeons in many fields. Presently, there is a growth of orthobiological products is driven by increasing awareness towards the adoption of ortho biologics and increasing number of orthopedic related procedures. A new study, focusing on the driving trends and the factors that are active in this market are analyzed by the researchers and now added to the wide portfolio of Market Research Hub’s offerings, with a title of “Global Ortho Biological Products Market Research Report 2017”. This study offers detailed insights to the market current scenario and provides future growth predictions for the given forecast period of 2017 to 2022.

Geographically, the research highlights some of the key regions including North America, Europe, China, Southeast Asia, Japan and India. For each region, it also carried out the details of production, consumption, revenue (million USD), market share and growth rate. Initially, an in-depth and comprehensive understanding of the ortho biological products industry along with its key pointers such as development status, industrial chains, market drivers, barriers as well as investment opportunities for the companies in the coming few years are highlighted.

Orthobiologics is a relatively new area of study that has captured the interest of orthopedic surgeons in their effort to find ways to facilitate the body's healing process. These products are made from substances that are naturally found in human body. These products are gaining popularity as it provides accelerated healing, faster recovery, and reduction in a number of hospital visits. As per the findings, currently, rising prevalence of osteoporosis, rheumatoid arthritis and obesity needs therapeutic consideration and surgeries by utilizing orthobiological products is a major factor which is anticipated to boost the market growth during the forecast period. Rising worldwide geriatric patient base and rising outdoor activities combined with accidents are other important drivers for the business sector.

Moreover, the report segments the market on the basis of product type which includes DBM, Allograft, BMP, Viscosupplementation, Machined Bones and others. Then, it has been further segmented by the end user/applications that contain Spinal Fusion, Tendon & Ligament Repair, Trauma, Reconstructive Surgeries and others. For each segment, the report carried out the details of production, revenue (value), price, market share and growth rate.

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Some of the key players dominating this market are Bioventus, Pioneer Surgical Technology, Bone Biologics, DePuySynthes, Medtronic, Baxter International, Stryker Corp, Smith and Nephew, Globus Medical, Allograft Tissue Systems, Berkeley Advanced Biomaterials, Integra Life Sciences, Sanofi and Tissue Genesis.

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