Orthobiologics Market Industry Report By 2030: Top Players – Stryker Corporation, Genzyme

Orthobiologics Market

Pune, Feb 12, 2019 (Issuewire.com) – Market Industry Reports (MIR) has published a new report titled Orthobiologics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 20192030. According to the report, the global orthobiologics market was valued at over US$ 5.5 Bn. in 2017 and is expected to grow at a considerable CAGR during the forecasted period.

The Study On key vendors in this Global Orthobiologics Market includes is Medtronic, Stryker Corporation,  Smith & Nephew plc, Genzyme and DePuy Synthes, Inc.

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Download free PDF sample of the report from the official linkhttps://www.marketindustryreports.com/pdf/2 

Global Orthobiologics Market is expected to strongly dominate the global economy with a substantial growth rate in upcoming years.

The growth of this market can be attributed to factors such as increase in sports injuries and road accidents, awareness among patients & athletes, a rise in obesity rate, and continuously ageing population. According to the World Health Organization, 2017, fatal road accidents are the second primary cause of fractures and accidental injury worldwide with almost 646000 individuals die every year around the world.

Rising R&D investment to widen the base for growth

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Collaborations and rising R&D investments by the prominent biotechnology and medical device companies are leading to the introduction of advanced orthobiologics which is expected to widen the base for growth of the orthobiologics. For instance, Bone Biologics Corp., is in development stages of its ortho-biological product bone growth stimulator Nell-1, in collaboration (2015) with the University of California. This subsequent increase in R&D efforts led to the development of a series of pipeline products that are projected to provide the vertical with profitable growth opportunities in the future.

Request Free Sample Copy of Orthobiologics [email protected] https://www.marketindustryreports.com/sample/2 

This report provides an in-depth study of “Orthobiologics Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Orthobiologics Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Increasing hip and knee replacement surgeries

Osteoarthritis is one of the most disabling diseases majorly in developed countries. Substantial advances in treatment and surgical methods have provided effective options to decrease the disability and pain associated with some of the musculoskeletal conditions. Hip and knee joint replacement surgery is considered as the most effective intervention for the severe form of osteoarthritis and fractures, reducing disability and pain, also restoring some patients to normal function. According to the data published by the OECD Health Statistics, in 2017, the hip replacement rate is increased by 30% between 2000 and 2015 while the rate of knee replacement doubled.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report Orthobiologics Market by Product (Viscosupplementation, Allograft, Stem Cell Therapy, Demineralized Bone Matrix (DBM)), Application (Spinal Fusion, Reconstructive Surgery, Soft Tissue), End User (Hospitals, ASCs, Academia) End User (Hospital & Clinics, Ambulatory Care Centers & Orthopedic Clinics) – Global Analysis & Forecast 2019-2030 in detail along with the table of contents: https://www.marketindustryreports.com/2/orthobiologics-market

Lack of reimbursement to hinder the market growth

Regulatory directives for treatment of hip replacement and knee surgery and lack of reimbursement policies are expected to delay growth in the orthobiologics market. However, the market offers profit-making prospects, especially in the developed regions where the incidence of arthritis and obesity is particularly high. Demand for the minimally invasive procedures is witnessed to grow due to the rise of various diseases and bone disorders.

Key players are focusing on new product development as the major market strategy

The companies are extensively integrating new product development activities, distribution enhancement strategies, collaborations, mergers & acquisitions and frequent product approval. For instance, in 2016, NuVasive Inc. launched AttraX Putty, its next-generation biologics technology. It is an artificial bone graft, specified in posterolateral spinal surgery, as autograft extender. The product launch was approved to gain a competitive advantage and also to expand the product portfolio to differentiate from the other market players.

Key Point of Table of Contents: 

11     COMPANY PROFILES

(Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*

11.1     Depuy Synthes

11.2     Sanofi

11.3     Stryker

11.4     Medtronic  

11.5     Zimmer Biomet Holdings, Inc.

11.6     Arthrex, Inc.

11.7     NuVasive

11.8     MTF

11.9     Bioventus

11.10   Seikagaku

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The report holds answers to important questions 

1. What will the local and international competition for vendors operating in the Orthobiologics Market look like during the forecast period, 2019 to 2030? 
2. What impact will innovative technology and product substitutes have on the use of a service and product?
3. What are the trade barriers in the Orthobiologics Market?
4. What are the important catalysts that will shape the preference of the customers during the forecast period, 2019 to 2030?
5. What will be the expected ROI (return on investment)? How much profit will the Orthobiologics Market players make? 
6. Which distribution trends and developments will continue to dominate the Orthobiologics Market in the coming years? 

Interested in owning the report right away? Buy your original copy from the official link [email protected] https://www.marketindustryreports.com/checkout/2 

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Source :MIR

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