Navigation Links
Global Orthobiologics Market to Reach $5,519.9 Million by 2019: Transparency Market Research
Date:8/29/2014

Albany, New York (PRWEB) August 29, 2014

According to a new market report published by Transparency Market Research “Global Orthobiologics Market” the global orthobiologics market was valued at USD 3,754.6 million in 2012 and is estimated to reach a market worth USD 5,519.9million in 2019at a CAGR of 5.9% from 2013 to 2019.

Nearly half of the population aged 50 years and above is afflicted by bone and joint disorders, and this number is expected to almost double by the year 2020. This has and will continue to increase the demand for orthobiologics. Other factors which have fueled the growth of the orthobiologics market are technological advances, declining usage of allografts and autografts in orthopedic procedures, change in lifestyle, increase in obesity cases, and rise in sports activities and sports injuries.

To browse through the ToC or purchase the market report on orthobiologics, please visit: http://www.transparencymarketresearch.com/orthobiologics-market.html.

However, the strict regulatory requirements and lack of reimbursement are expected to restrain market growth.

According to the report, the market for orthobiologics can be segmented on the basis of products, applications, and geography.

  • Product: The various product types of orthobiologics include machined bones, allografts, bone morphogenetic proteins (BMPS), demineralized bone matrix (DBM), stem cell therapy, synthetic bone substitutes, and viscosupplementation.
  • Applications: The numerous applications of orthobiologics are trauma, spinal fusion, and reconstructive surgery.
  • Geography: The orthobiologics industry is classified into four main regions – North America, Europe, Asia-Pacific and Rest of the World.

Get report sample PDF copy from here: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1747.

Among all the products, viscosupplementation make up the largest share in the market. It is comparatively more powerful and effective as a painkiller than other pain relievers and with the number of knee treatments on the rise, demand for viscosupplementation has gone up. Bone morphogenetic proteins (BMPs) follow next in terms of market share, although its growth is likely to decline during the forecast period of 2013-2019 owing to its falling sales of INFUSE – a Medtronic product with severe side effects. Faster recovery, lower costs and no risk of transmission will enable stem cell based products and synthetic bone substitutes gain significant growth in future.

In terms of location, North America and Europe both lead the global market due to increasing popularity and demand for minimally invasive surgeries such as growth factor treatment and bone grafting. Asia-Pacific, however, is expected to witness the fastest growth rate between 2013 and 2019.

The TMR report profiles some of the major players and their contribution to the global orthobiologics market. The leading companies include Stryker Corporation, Medtronic, Inc., Wright Medical Technology, Inc., Orthofix, Inc., NuVasive, Inc., and DePuySythes.

Contact:
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA/Canada Toll Free: 866-552-3453
Email: sales(at)transparencymarketresearch(dot)com
Web: http://www.transparencymarketresearch.com/

Read the full story at http://www.prweb.com/releases/2014/08/prweb12125119.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related biology technology :

1. Whole Exome Sequencing Market by Product (Systems, Kits (Library Preparation, Target Enrichment), by Services (Sequencing), by Technology (Sequencing by Synthesis), by Application (Cancer, Monogenic disorders) - Global Forecast to 2018
2. Global Biodegradable Packaging Materials Market 2014-2018
3. Global Chelating Agents Market 2014-2018
4. Global Lactic Acid (Biodegradable Polymer, Food & Beverage, Personal Care & Pharmaceutical) Market - Trends & Forecasts to 2019
5. Global Enzyme for Pulp & Paper Industry Report 2014
6. Global Stable Isotope Ratio Mass Spectrometer Industry Report 2014
7. AMRI CEO to Present at the Morgan Stanley Global Healthcare Conference
8. Utah Governor’s Office of Economic Development to Sponsor ITRA Global Conference in Salt Lake City
9. Rare Earth Polishing Powder Market Overview for Global, China Regions Now Available at ReportsnReports.com
10. Papain Industry Global & China Development Trend and Proposals Analysis Research Report Available at DeepResearchReports.com
11. Ocular Drug Delivery Technologies Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/10/2017)... SANTA BARBARA, CALIFORNIA (PRWEB) , ... October 10, ... ... risk management, technological innovation and business process optimization firm for the life sciences ... the BoxWorks conference in San Francisco. , The presentation, “Automating GxP ...
(Date:10/9/2017)... ... October 09, 2017 , ... At its national board meeting in ... professor in Harvard University’s Departments of Physics and Astronomy, has been selected for membership ... the winning team for the 2015 Breakthrough Prize in Fundamental physics for the discovery ...
(Date:10/7/2017)... ... October 06, 2017 , ... ... ProxiMeta™ Hi-C metagenome deconvolution product, featuring the first commercially available Hi-C kit. ... to perform Hi-C metagenome deconvolution using their own facilities, supplementing the company’s ...
(Date:10/5/2017)... LINDA, CA (PRWEB) , ... October 05, 2017 , ... ... innovators, engineers, and scientists from around the world, is giving back to cancer research ... sold in October. , Now through October 31, shoppers can use promo code ...
Breaking Biology Technology:
(Date:4/13/2017)... Calif. , April 13, 2017 UBM,s ... York will feature emerging and evolving technology ... Both Innovation Summits will run alongside the expo portion ... speaker sessions, panels and demonstrations focused on trending topics ... largest advanced design and manufacturing event will take place ...
(Date:4/11/2017)... 11, 2017 Crossmatch®, a globally-recognized leader ... today announced that it has been awarded a ... Activity (IARPA) to develop next-generation Presentation Attack Detection ... "Innovation has been a driving force within Crossmatch ... allow us to innovate and develop new technologies ...
(Date:4/11/2017)... BROOKLYN, N.Y. , April 11, 2017 /PRNewswire-USNewswire/ ... identical fingerprints, but researchers at the New York ... University College of Engineering have found that partial ... fingerprint-based security systems used in mobile phones and ... previously thought. The vulnerability lies in ...
Breaking Biology News(10 mins):