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Orthobiologics Market

Orthobiologics Market

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Orthobiologics Market

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  1. Orthobiologics Market Booming Industry Growth, Research Scope, Advance Technology, and Innovations by 2031 Market Overview: Factors contributing to the growth of the orthobiologics market include the rising prevalence of arthritis and spinal disorders and the increasing number of orthopedic surgeries. Moreover, the growing incidence of sports injuries, rising geriatric population base, and increasing demand for minimally invasive surgeries are some of the other factors playing a pivotal role in driving the orthobiologics market growth. However, the high cost of biologics-based treatments and the chances of severe side effects are some of the factors hindering the orthobiologics market growth to a certain extent. The global orthobiologics market was pegged at ~US$ 5.44 billion in 2020. The market is expected to witness a CAGR of ~5.4% from 2021 to 2031. The rising popularity of various sports globally and increasing incidence of sports-related injuries are also driving the growth of the orthobiologics market. According to the statistics from Stanford Children’s Health, in the U.S., ~30 million children and teens participate in some form of organized sports and more than 3.5 million children and adolescents ages 14 years and younger get hurt annually playing sports or participating in recreational activities. Such a high incidence of sports-related injuries has led to the increasing need for medicines and devices to manage these injuries, which in turn is propelling the growth of the orthobiologics market. The Sample PDF of this research study, please request here: https://growthplusreports.com/inquiry/request-sample/orthobiologics- market/7693 Key players: Medtronic, DePuy Synthes, Stryker, Zimmer Biomet, Orthofix Medical Inc., Smith & Nephew, Bone Biologics Corp., Globus Medical, Bioventus, and RTI Surgical, among others. Segmentation By Product: •Viscosupplementation Products •Synthetic Bone Substitutes •Demineralized Bone Matrices •Bone Morphogenic Protein By Application:

  2. •Osteoarthritis & Degenerative Arthritis •Spinal Fusion •Fracture Recovery •Soft-Tissue Injuries •Maxillofacial & Dental Applications Regional Analysis- •The Asia-Pacific market is anticipated to grow at a higher CAGR during the forecast period. •Major factors contributing to the growth of Orthobiologics market in this region include the rising incidence of chronic infectious diseases, rising awareness regarding growing applications of Orthobiologics, and increasing research activities in the field of Orthobiologics. •The emergence of local players and new product launches has also played a critical role in boosting the Orthobiologics market in this region. Browse the full report now: https://growthplusreports.com/report/orthobiologics-market/7693 Key Questions Answered in the Report Include: (1) This report gives all the information about the industry analysis, revenue, and overview, of this market. (2) What will be the rate of increase in market size and growth rate by the end of the forecast period? (3) What are the major global Orthobiologics Market trends influencing the development of the market? (4) What are the vital results of SWOT analysis of the major players operating in the Orthobiologics Market? (5) What are the potential growth opportunities and threats faced by Major competitors in the market? About Us: Growth+Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association). Growth+ portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis, and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth

  3. and success. We were awarded by the prestigious CEO Magazine as "Most Innovative Healthcare Market Research Company in 2020.

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