Learn about the global orthobiologics devices and equipment market through The Business Research Company, which provides information on orthobiologics devices and equipment market size, orthobiologics devices and equipment market drivers and restraints, orthobiologics devices and equipment market players, the COVID-19 impact on the orthobiologics devices and equipment market, and more.

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The global orthobiologics devices and equipment market is expected to grow from $5.23 billion in 2020 to $5.98 billion in 2021 at a compound annual growth rate (CAGR) of 14.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $7.85 billion in 2025 at a CAGR of 7%.

The aging population profile of most countries are expected to drive innovation in orthobiologics devices and equipment manufacturing, thus driving the market during the forecast period.

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The orthobiologics devices and equipment market consists of sales of orthobiologics devices and equipment. Orthrobiologics devices are implants composed of cells and proteins naturally found in human body that provide accelerated healing by stimulating efficient regrowth of musculoskeletal tissues including bones, cartilage, tendons and ligaments. They consist of tissues and bone replacement materials used for recovery of ligaments, tendons, muscles and bones. Orthobiologics devices and equipment include demineralized bone matrix, synthetic, synthetic bone substitute, bone marrow aspirate concentrate and viscosupplementation.

Global Orthobiologics Devices and Equipment Market Segments Include:

By Product Type: Demineralized Bone Matrix, Synthetic Bone Substitutes, Stem Cell Therapy, Plasma-Rich Protein, Viscosupplementation, Bone Morphogenetic Protein, Synthetic Orthobiologics

By Application: Osteoarthritis and Degenerative Arthritis, Soft-Tissue Injuries, Fracture Recovery, Maxillofacial and Dental Applications, Spinal Fusion, Trauma Repair, Reconstructive Surgery

By End Use: Hospitals, Orthopaedic Clinics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Biodegradable implants are increasingly being used in orthobiologics treatment and trauma orthopaedic surgeries. Biodegradable implants are used to replace a missing biological structure, support a damaged biological structure, and enhance the existing bone structure. Biodegradable products such as reabosorbable polymers composed of polyglycolic acid and poly lactic acid manufactured in the form of plates, screws, and pins are replacing traditional devices like plates and screws which are more expensive. Surgeons are preferring biodegradable implants to replace conventional implants, as biodegradable implants can be engineered to provide temporary support for bone fractures, can degrade at a rate matching new tissue formation, eliminate the need for second surgery, and highly useful in fracture fixation in children with less implant related infections.

TBRC’s orthobiologics devices and equipment market report covers:

Major Market Players: Medtronic, Arthrex Inc., DePuy Synthes (A Subsidiary of Johnson & Johnson), Stryker Corporation, Zimmer Biomet.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Orthobiologics Devices And Equipment Global Market Report 2021: COVID-19 Impact And Recovery to 2030 is one of a series of new reports from The Business Research Company that provides orthobiologics devices and equipment market overviews, analyses and forecasts market size, share, orthobiologics devices and equipment market players, orthobiologics devices and equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s orthobiologics devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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