New York, NY -- (SBWIRE) -- 05/06/2019 -- Market Industry Reports (MIR) has published a new report titled "Orthobiologics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global orthobiologics market was valued at over US$ 5.5 Bn. in 2017 and is expected to grow at a considerable CAGR during the forecasted period.

The market intelligence report offers a clear sense of different consumer groups and their needs to help product owners meet the requirements and generate riches and profitability. Apart from this, the report aims at outlining whom the business owners operating in the Orthobiologics market should not target and also what are the main alternatives and competitive offerings are. Defining the major challenges and problems remains the key focus of the study. Problem definition covered in the report provides a systematic approach to recent investments and makes product marketing both easier and effective.

The Top key vendors in Orthobiologics Market include are Smith & Nephew, B.Braun, ConvaTec Group, Integra Lifesciences, 3M, Cardinal Heatch, Medtronic, MPM Medical, Paul Hartmann, MiMedx Group.

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Increasing hip and knee replacement surgeries

Osteoarthritis is one of the most disabling diseases majorly in developed countries. Substantial advances in treatment and surgical methods have provided effective options to decrease the disability and pain associated with some of the musculoskeletal conditions. Hip and knee joint replacement surgery is considered as the most effective intervention for severe form of osteoarthritis and fractures, reducing disability and pain, also restoring some patients to normal function. According to the data published by the OECD Health Statistics, in 2017, hip replacement rate is increased by 30% between 2000 and 2015 while the rate of knee replacement doubled.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Orthobiologics Market by Product (Viscosupplementation, Allograft, Stem Cell Therapy, Demineralized Bone Matrix (DBM)), Application (Spinal Fusion, Reconstructive Surgery, Soft Tissue), End User (Hospitals, ASCs, Academia) End User (Hospital & Clinics, Ambulatory Care Centers & Orthopedic Clinics) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents:
https://www.marketindustryreports.com/2/orthobiologics-market

Key Points From TOC:

COMPETETIVE LANDSCAPE
1.1. Market Share Analysis (2018)
1.2. Key Strategies Assessment
1.2.1. New Product Launches
1.2.2. Merger & Acquisitions
1.2.3. Agreements, Collaborations, & Partnerships
1.2.4. Expansions
1.2.5. Other Strategies

COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*

2.1. Depuy Synthes
2.2. Sanofi
2.3. Stryker
2.4. Medtronic
2.5. Zimmer Biomet Holdings, Inc.
2.6. Arthrex, Inc.
2.7. NuVasive
2.8. MTF
2.9. Bioventus
2.10. Seikagaku

(*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)

Rising R&D investment to widen the base for growth

Collaborations and rising R&D investments by the prominent biotechnology and medical device companies are leading to the introduction of advanced orthobiologics which is expected to widen the base for growth of the orthobiologics. For instance, Bone Biologics Corp., is in development stages of its orthobiological product bone growth stimulator Nell-1, in collaboration (2015) with the University of California. This subsequent increase in R&D efforts led to development of a series of pipeline products that is projected to provide the vertical with profitable growth opportunities in the future.

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