Infinium Global Research has added a new report on Global Orthobiologics Market. The report predicts the market size of Orthobiologics is expected to reach XX billion by 2022.
The market for global orthobiologics was valued at around USD 4.9 billion in 2015 and is expected to reach USD 6.5 billion by 2022, growing at a CAGR of around 4.1% during the forecast period of 2016 to 2022. Orthobiologics are substances that orthopaedic surgeons use to help injuries heal more quickly. They are used to improve the healing of broken bones and injured muscles, tendons, and ligaments. These products are made from substances that are naturally found in your body. Anything that is concerned with muscles, ligaments and joints is considered orthopedic. Disorders are ailments, injuries or diseases that cause knee problems, whiplash, dislocated shoulder, torn cartilages, foot pain and fibromyalgia. These are only a few of the known orthopedic disorders. There are as many treatments for orthopedic disorders as there are problems and injuries in the muscles, ligaments and joints. Orthopedic treatments and devices have helped restore a normal lifestyle for millions of patients globally.
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The increasing incidence of sports injuries, osteoarthritis, osteoporosis, and obesity, combined with the ever-increasing aging population globally is the key growth drivers of the global orthobiologics market. Along with these factors, increasing R&D investments and collaborations between leading medical device and biotechnology companies, leading to advent of advanced orthobiologics is expected to increase the base for growth of orthobiologics.
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Smith & Nephew plc
Wright Medical Technology
Key topics covered:
1. Scope of the report
2 Executive summary
3 Qualitative analysis
4 Global orthobiologics market, by type, 2015 – 2022
5 Global orthobiologics market, by geography, 2015 – 2022
6 Company profiles
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