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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
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