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Published Date: November, 2018

Ortho and Osteobiologics Market (Product - Visco-Supplementation Products, Demineralized Bone Matrices, Synthetic Orthobiologics, Bone Morphogenic Protein, Allografts, Plasma-Rich Protein, and Bone Marrow Aspirate Concentrate; Application - Osteoarthritis and Degenerative Arthritis, Spinal Fusion, Soft-Tissue Injuries, Fracture Recovery, and Maxillofacial and Dental Applications; End-User - Hospitals, Research & Academic Institutes, Specialty Clinics, and Dental Clinics and Facilities): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024


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A recent report published by Infinium Global Research on ortho and osteobiologics market provides in-depth analysis of segments and sub-segments in the global as well as regional ortho and osteobiologics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ortho and osteobiologics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global ortho and osteobiologics market. According to the report, the global ortho and osteobiologics market is projected to grow at a CAGR of 6.24% over the forecast period of 2018-2024.

 

Market Insight

Orthobiologics are naturally present substances in the body that orthopedic surgeons use to help injuries heal more quickly. Osteobiologics are engineered materials that have been created as substitutes for natural substances to promote the healing of fractures and bone defects. Ortho and osteobiologics are used to improve the healing of broken bones and injured muscles, tendons, and ligaments. Ortho and Osteobiologics substances include bone grafts, autologous blood, platelet-rich plasma (PRP), autologous conditioned serum and stem cells dons, and ligaments. The list of osteobiologics is rapidly expanding as new products incorporating osteoconductive materials are mixed with a variety of osteoinductive proteins, demineralized bone, and preparations of osteogenic cells.


Orthobiologics is a rapidly advancing field utilizing cell-based therapies and biomaterials to enable the body, to repair and regenerate musculoskeletal tissues. The current metal implants made of stainless steel or titanium that are rigid and bioinert are not favorable for enhancing fracture healing and subsequent remodeling. Therefore, after years of research and development, scientists have proposed an innovative hybrid fixation system with parts composed of Magnesium and titanium or stainless steel. Hybrid fixation system is used to maximize the biological benefits of Magnesium, especially in patients with osteoporosis and other metabolic disorders that are unfavorable conditions for fracture healing. 

 

The rise in aging population and growth in the number of people suffering from spinal and bone disorders such as arthritis and fibromyalgia is driving the ortho and osteobiologic market. Arthritis prevalence increases with age. Moreover, the use of ortho and osteobiologic offers benefits such as the minimal impact of degenerative disease and rapid recovery than surgery, thus promoting the growth of this market. The growth in ortho and osteobiologics has been stimulated by the increasing demand for allografts in all areas of orthopedics owing to the rising number of sports injuries and road accidents. The number of donors has grown much slower than demand leading to the development of artificial materials, thus promoting the growth of the osteobiologics market. The osteobiologics attempt to mimic the components of an autogenous bone graft by reproducing the bone matrix, which is osteoconductive and osteoinductive. Furthermore, the recent increase in the use of bone graft substitutes in the repair of fractures is boosting the ortho and osteobiologic market. Bone grafting and various forms of fixation account for 2.2 million procedures worldwide annually. There is a rising demand for ortho and osteobiologic products owing to the low cost and higher success-rate of the treatment. However, the lack of FDA approval hampers the growth of the ortho and osteobiologics market. Moreover, the ongoing development in the arena of ortho and osteobiologics and its growing uses in foot and ankle surgeries are anticipated to create the opportunities for the growth of ortho and osteobiologics market. Among the geographies, North America dominated the ortho and osteobiologics market in the year 2017. The increasing use of bone grafting, high disposable income and the benefits offered by ortho and osteobiologics drives the growth of ortho and osteobiologics market in this region. Europe is the second largest ortho and osteobiologics market owing to the growth of the elderly population and the rising occurrences of arthritis in this region. Asia- Pacific is the fastest growing region in the ortho and osteobiologics market. Rising prevalence of fractures and injuries owing to road accidents, sports injuries facilitates the growth of the ortho and osteobiologics market in the Asia- Pacific region

 

Among the geographies, North America dominated the ortho and osteobiologics market in the year 2017. The increasing use of bone grafting, high disposable income and the benefits offered by ortho and osteobiologics drives the growth of ortho and osteobiologics market in this region. Europe is the second largest ortho and osteobiologics market owing to the growth of the elderly population and the rising occurrences of arthritis in this region. Asia- Pacific is the fastest growing region in the ortho and osteobiologics market. Rising prevalence of fractures and injuries owing to road accidents, sports injuries facilitates the growth of the ortho and the market in the Asia- Pacific region


Ortho and Osteobiologics Market


Segment Covered

The report on global ortho and osteobiologics market covers segments such as product, application, and end-user. On the basis of product, the global ortho and osteobiologics market is categorized into visco-supplementation products, demineralized bone matrices, synthetic orthobiologics, bone morphogenic protein, allografts, plasma-rich protein, and bone marrow aspirate concentrate. On the basis of application, the global ortho and osteobiologics market is categorized into osteoarthritis and degenerative arthritis, spinal fusion, soft-tissue injuries, fracture recovery, and maxillofacial and dental applications. On the basis of end-user, the global ortho and osteobiologics market is categorized into hospitals, research & academic institutes, specialty clinics, and dental clinics and facilities.

 

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while the Asia-Pacific region includes countries such as China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are the major markets included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in the region. In the Asia-pacific region, rapid industrial growth in India and China offer a substantial potential for the growth in the ortho and osteobiologics market. As a result, the APAC region is projected to experience a growth at a CAGR of x.x% over the forecast period 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global ortho and osteobiologics market such as Medtronic, DePuy Synthes, Zimmer Biomet, Stryker Corporation, Orthofix, K2M, Inc., LifeNet Health, Inc., Fuse Medical, Inc., NuVasive, Inc., and Wright Medical Group N.V.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global ortho and osteobiologics market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of ortho and osteobiologics market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the ortho and osteobiologics market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the ortho and osteobiologics market to understand the present and future trends in this market and formulate their strategies accordingly.

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