The latest research report by Emergen Research, named ‘Global Orthobiologics Market – Forecast to 2032 The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
The global orthobiologics market size was USD 6.07 Billion in 2022 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Increasing orthopedic procedures and surgeries, rising orthopedic and spinal diseases, and growing sports injuries and accidents are some of the major factors driving the market revenue growth. Furthermore, increasing adoption of minimally invasive surgeries and rising initiatives and investments by medical device companies are contributing to the market revenue growth.
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Some major players in the market include Bone Biologics Corp., Medtronic, Arthrex, Inc, Orthofix US LLC., NuVasive, Inc., Zimmer Biomet., Wright Medical Group N.V., Smith+Nephew., Stryker, Sano orthopedics.
Covid impact analysis:
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
Scope of the Global Orthobiologics Market Report
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Orthobiologics Market industry, which turns out to be beneficial for readers interested in this sector.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Orthobiologics Market
- Critical understanding of the key Orthobiologics Market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the Orthobiologics Market
Market Segmentation:
Emergen Research has segmented the global orthobiologics market on the basis of product, application, end-use, and region:
- Product Outlook (Revenue, USD Billion; 2019-2032)
- Viscosupplementation
- Synthetic Bone grafts
- Bioactive glass
- BiPhasic
- Hydroxyapatite
- Others
- Bone Morphogenetic Protein (BMP)
- Allograft
- Xenografts
- Demineralized Bone Matrix (DBM)
- Application Outlook (Revenue, USD Billion; 2019-2032)
- Spinal Fusion
- Fracture recovery
- Reconstructive Surgery
- Osteoarthritis and degenerative arthritis
- Others
- End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals and clinics
- Orthopedic clinics
- Others
To learn more details about the report visit @ https://www.emergenresearch.com/industry-report/orthobiologics-market
Geographical Overview:
- The latest report broadly categorizes the global Orthobiologics Market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
- The report further estimates the revenue accumulated by these regions over the forecast period.
Competitive Hierarchy:
- The latest research report studies the major market players, their regional presence, industry share, and production facilities.
- The report offers significant data pertaining to these market competitors’ company profiles, product types, and application outlook.
- Moreover, the pricing models and gross margins of these industry majors have also been mentioned in the report.
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About Emergen Research :
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a ‘Circular Economy,’ fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.