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Orthobiologics Market Rises with Growing Effectiveness of Viscosupplementation and Bone Morphogenetic Proteins (BMPS) Products

A New Market Report Published by Transparency Market Research is Orthobiologics Market (Allografts, Viscosupplements, DBM, BMP, Stem Cell and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Published 11 September 2015

the global orthobiologics market was valued at US$3,745.6 million in 2012. The study suggests that the market is expected to grow further in the next four years to reach US$5,519.9 million by the end of 2019. For the forecast period 2013-2019, the market is estimated to register a growth of CAGR of 5.9% due to the growing need for orthobiologics in treating osteoarthritis and bone injuries. 

 
Orthobiologics are used to treat orthopedic injuries. Orthobiologics is a branch of science that helps to develop tissue and bone replacement materials for rapid recovery of broken bones, injured muscles, or tendons and ligament tear. This market is considered to be highly lucrative owing to the significant growth opportunities and technological advancements. The report discusses some of the major growth trends in the market. They are rise in the incidences of arthritis, increasing obesity rate, and rapidly growing geriatric population across the globe. The rise in number of spinal fusion surgeries and the need for minimally invasive procedures with increasing adoption of bone graft substitutes has consequently boosted the overall growth of the orthobiologics market. 
 
People suffering from sports injuries have also stirred the high demand for high-tech medical equipment in the global orthobiologics market. Rapid recovery, faster healing, quick orthopedic replacement, reduced cost, and the ability to act as an autogenic bone are the main benefits of the orthobiologics.The growth and demand for orthobiologics is also increasing due to the declining popularity of allografts and autografts in orthopedic surgeries, growing consumer awareness about the various surgical devices, rising obese population, and changing lifestyles in developed nations. The global obese population has significantly led to the rise in the prevalence of disorders such as rheumatoid arthritis and osteoarthritis. 
 
 
According to the report, the market for orthobiologics is segmented on the basis of products, applications, and geography. Some of the product types of orthobiologics market are demineralized bone matrix (DBM), synthetic bone substitutes, machined bones, allografts, stem cell therapy, bone morphogenetic proteins (BMPS), and viscosupplementation. Among the varied, viscosupplementation has the largest share in the market.
 
Browse the full Orthobiologics Market (Allografts, Viscosupplements, DBM, BMP, Stem Cell and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/orthobiologics-market.html
 
The applications of orthobiologics market are reconstructive surgery, trauma, and spinal fusion.By geography, North America led the global orthobiologics market in 2012. The region accounted for US$1.5 billion in 2012. The market is also popular in Europe due to the demand for minimally invasive surgeries and increasing popularity of bone grafting and other orthopedic techniques. However, by 2019, Asia Pacific is expected to grow rapidly and witness the fastest growth rate. 
 

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