13-Aug-2021

North America Orthobiologics Market Report Analysis And Insights For Highly Profitable Investment Decision: Industry Outlook By 2021-2028

North America orthobiologics market is registering a substantial CAGR of 6.58% in the forecast period of 2019-2026. This rise in the market value can be attributed to the surging orthopedic related diseases due to lifestyle choices and increased consciousness among individuals due to orthobiological advantages.

Orthobiologics can also be referred to as regenerative cellular therapies. Orthobiological products include development factors to enhance and stimulate the pain, tissue healing, and help in repairing ordinary functioning.

Major factors that are expected to boost the growth of the orthobiologics market in the forecast period are the rise in the prevalence of sports injuries and road accidents. Furthermore, the increase in the cases of spinal diseases and disorders is further anticipated to propel the growth of the orthobiologics market. Moreover, the increasing in the patient preference for minimally invasive procedures is further estimated to cushion the growth of the orthobiologics market. On the other hand, the rise in the cost regarding the orthobiologics-based treatments is further projected to impede the growth of the orthobiologics market in the timeline period.

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Major Market Key Competitors:

Few of the major market competitors currently working in the North America orthobiologics market are Baxter, CONMED Corporation, DePuy Synthes, Exactech, Inc., Integra LifeSciences Corporation, Medtronic, NuVasive, Inc., RTI Surgical Holdings, Inc., Sanofi, Smith & Nephew, Stryker, Zimmer Biomet, SINTX Technologies, Inc., AlloSource, aap Implantate AG, and others.

Market Definition: North America Orthobiologics Market

Orthobiologics are drugs that are used by orthopedic surgeons to assist cure wounds faster. They are used to enhance regeneration of damaged joints and tissues, tendons and ligaments that have been wounded. These products are produced of normally occurring drugs in your flesh. Using orthobiologics drugs in greater levels helps speed up the healing process. Some main advantages connected with conservative orthobiologics therapies include minimizing the effect of degenerative disease, completing all processes as an outpatient in the workplace, and regeneration is faster than surgery.

Market Drivers

Growing old population, is driving the growth of the market
Surging orthopedic related diseases due to lifestyle choices, is propelling the growth of the market
Technological advancement in the orthobiologics, is boosting the growth of the market
Increased consciousness among individuals due to orthobiological advantages, is contributing to the growth of the market

Market Restraints

Strict government guidelines, are restricting the growth of the market.
Post-surgery difficulties, is hindering the growth of the market
High charge of orthopedic implants, is hampering the growth of the market,

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Segmentation: North America Orthobiologics Market

By-Products

Demineralized bone matrix (DBM)
Allograft
Bone morphogenetic protein (BMP)
Viscosupplementation
Synthetic bone substitutes
Stem cell therapy
Bone Marrow Aspirate Protein
Plasma-Rich Protein
Other Products

By Application

Spinal fusion
Trauma repair
Reconstructive surgery
Tendon and ligament
Osteoarthritis and Degenerative Arthritis
Soft-Tissue Injuries
Fracture Recovery
Maxillofacial and Dental Applications
Others

By Type

Knee
Ankle
Hip
Wrist & Shoulder
Spine
Others

By End-User

Hospitals
Orthopedic clinics & Ambulatory Care Centers
Research & Academic Institutes
Dental Clinics and Facilities

By Country

U.S.
Canada
Mexico

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Key Offerings:

– Market Size and Forecast by Revenue | 2021−2028
– Market Dynamics – Leading patterns, development drivers, limitations, and venture openings
– Market Segmentation – An itemized examination by item, by types, end-client, applications, fragments, and geology
– Competitive Landscape – Top key sellers and other conspicuous vendorsInquire

Key Developments in the Market:

In August 2019, SeaSpine Holdings Corporation has declared the restricted release and accomplishment of the primary operation of its Shoreline RT Cervical Interbody Implant System. Shoreline RT is the initial in a series of products to mix exclusive NanoMetalene technology with the Reef Topography. This system involves big footprint implants and various lordosis choices intended to allow surgeons to respond to a multitude of patient anatomies and pathologies.
In March 2019, Fidia is presenting NuDYN, its first item in the class of regenerative medicine. NuDYN is a stable, injectable, flow-proof amniotic membrane-derived allograft of donor placenta acquired through cesarean delivery. It is designed to be acellular to allow shelf-stable retention while maintaining the useful characteristics of the amniotic membrane including hyaluronic acid, collagen and development variables. These intrinsic characteristics of the allograft provide safety, lubrication and help.

Competitive Analysis:

North America orthobiologics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthobiologics market for North America.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others

Reasons to Purchase this Report

Current and future of North America orthobiologics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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Last Updated: 13-Aug-2021