Global Orthobiologics Market Is Estimated to Reach $7,900.2 Million by 2019– A Report by MicroMarket Monitor
(PRWEB) April 29, 2015 -- Orthobiologics are utilized by orthopedic surgeons in healing bone injuries. The orthobiologics market is a rewarding market, which represents a number of growth opportunities for its stakeholders. The global orthobiologics market report defines and segments the concerned market with analysis and forecast of revenue. The global orthobiologics market was valued at $5,712.4 million in 2014, and is projected to reach $7,900.2 million by 2019, at a CAGR of 6.7% from 2014 to 2019.
Browse through the TOC of Global Orthobiologics market for an analysis of industry trends, segments & forecasts.
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The changing preference from mechanical to biological implants, accompanied by the rising awareness of orthobiologics is expediting the growth of this market. The orthobiologics market has seen an impressive growth since 2012, owing to increased research and development activities and rising demand for orthobiologics products.
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North America contributes the largest market share in the global orthobiologics market that is slated to grow further due to recent advancements made in the field of orthopedics. On the other hand, Asia is the fastest-growing region in the global orthobiologics market by virtue of its exponential aging population as well as rising prevalence of diabetes and obesity.
The global orthobiologics market is segmented on the basis of product, end-user, and geography. According to geographical segmentation, this market is classified into North America, Europe, Asia, and the rest of the world (RoW).
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This report provides a comprehensive overview of the market share and value chain analyses, in addition to in-depth insights on varied market metrics such as drivers, restraints and upcoming opportunities. The report also presents a competitive landscape and company profiles of key players in the market.
Biomet, Inc. (U.S.), Medtronic, Plc. (U.S.), Integra Life Sciences Corporation (U.S.), Stryker Corporation (U.S.), Zimmer, Inc. (U.S.), DePuy Synthes (U.S.), Tornier, Inc. (Netherlands), Nuvasive, Inc. (U.S.), Exactech, Inc. (U.S.), Globus Medical, Inc. (U.S.), and Wright Medical Technology, Inc. (U.S.) are some of the leading players in the global orthobiologics market.
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