Orthobiologics Market|Stryker Corporation, Zimmer Biomet Holdings, Inc., Wright Medical Group
Regenerative cellular therapies are another name for orthobiologics. Orthobiologics products contain or produce growth factors to aid tissue repair, reduce pain, and help restore normal function. There are many distinct forms of orthobiologics on the market, each with its own mode of action. Autologous stem cells are produced from the patient's own body and divide under the correct conditions to form progenitor cells. Orthobiologics are used to treat a variety of ailments, including fracture rehabilitation, spinal fusion, and more. Hips, knees, ankles, spines, wrists, and other body parts are also accessible.
From 2018 to
2025, the global orthobiologics market is expected to grow at a CAGR of 4.3
percent, from $4,870 million in 2017 to $6,870 million in 2025.
The rise in
the global geriatric population, which is more susceptible to diseases like
osteoarthritis and others, is fueling the expansion of the orthobiologics
market. Other factors projected to drive market growth include increased
awareness of orthobiologics and increased demand for improved therapy. Other
important reasons driving the growth of the orthobiologics market are the rise
in obesity and the number of sports and road accidents.
Furthermore,
during the projected period, strong development potential in developing
countries and an increase in demand for sophisticated treatment are expected to
generate new possibilities for market competitors.
The global
orthobiologics market is divided into product, application, type, end user, and
geographic segments. Demineralized bone matrix (DBM), allograft, bone
morphogenetic protein (BMP), Viscosupplementation products, synthetic bone
substitutes, and others are the different types of items in the market. The
market is divided into knee, ankle, hip, wrist & shoulder, spine, and
others based on kind. The market is segmented into three types of end users:
hospitals and ambulatory centres, research and academic institutes, and
dentistry clinics. The market is further segmented by application into
osteoarthritis and degenerative arthritis, spinal fusion, fracture recovery,
soft tissue injuries, and maxillo-facial injuries.
It is
studied in North America (the United States, Canada, and Mexico), Europe
(Germany, France, the United Kingdom, Italy, Spain, and the rest of Europe),
Asia-Pacific (China, Japan, Australia, India, South Korea, and the rest of
Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) (Brazil,
South Africa, Saudi Arabia, and rest of LAMEA).
Stryker
Corporation, Zimmer Biomet Holdings, Inc., Wright Medical Group, Inc., Integra
LifeSciences Holdings Corporation, Arthrex, Inc. (Arthrex), Johnson and Johnson
(J&J), Exactec Inc., Medline Industries, Inc., Globus Medical, Inc., and
NuVasive Inc. are some of the major competitors in the industry.

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