The global Orthobiologics market is driven by technological advancements in the regenerative medicine and stem cell therapy arena, increasing number of sports related injuries and road accident, rising prevalence of spine related surgeries, and high incidence of musculoskeletal disorders are major factors driving the market. However, high cost related to orthobiologics products and surgeries is likely to restrain the market to certain extent.
New York, NY -- (SBWIRE) -- 05/13/2019 -- Orthobiologics Market, involve the use of biological substances to facilitate the quicker healing of musculoskeletal injuries. The substances used by orthopedic surgeons to make the healing of injuries faster are called orthobiologics. Orthobiologics are made by substances that are already found in the human body, they can help to make broken bones, tendons and ligaments heal better. When orthobiologic substances are used in a higher concentration, they can also help to pick up the healing process.
There are several benefits that come with orthobiologic driven therapy, recovery is much faster in these cases as compared to a surgery the impact of degenerative disease is minimized and finally allsuch procedures are completed in the office as an outpatient.
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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:
MARKET DYNAMICS ASSESMENT
1.1. Overview
1.2. Drivers
1.3. Barriers/Challenges
1.4. Opportunities
UNIQUE SELLING PROPOSITIONS (USPs)
2.1. Technological Advancement
2.2. Regulatory & Reimbursement Scenario Snapshot
2.3. Application Horizon Assessment
COMPANY PROFILES
(Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
3. Depuy Synthes
4. Sanofi
5. Stryker
6. Medtronic
7. Zimmer Biomet Holdings, Inc.
8. Arthrex, Inc.
9. NuVasive
10. MTF
11. Bioventus
12. 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)
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