Orthobiologics Market, by Product Type (Bone Allograft, Machined Bones, Demineralized Bone Matrix, Synthetic Bone Substitutes, Bone Morphogenetic Protein (BMP), Stem Cell Therapy, Viscosupplementation), by Application (Spinal Fusion, Trauma, Reconstructive Surgeries), by End User (Hospitals, Ambulatory Surgical Centers, and Orthopedic Center), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Orthobiologics are substances that are used to heal injuries such as fractures and injured muscles, ligaments, and tendons within a short period of time. Orthobiologics are made from substances that naturally occur in the body. Orthobiologics help to improve the healing of broken bones and injured muscles, tendons and ligaments. These products are often made from substances that are naturally found in body. When they are used in higher concentrations, they may help speed up the healing process.Some examples of orthobiologics are bone grafts, autologous blood, autologous conditioned serum,platelet richplasma,growth factors, and stem cells. Orthobiologics are derived from a patient’s own tissues, such as bone marrow or blood hat are filled with signalling molecules or cells which stimulate and enhance the repair of musculoskeletal injuries. One can think of it as a treatment aimed at restoring joint function by harnessing the natural healing processes of the body. Orthobiologics can help delay or avoid more invasive treatments. Increasing prevalence of injury and facture due to falls and road accidents along with increasing prevalence of chronic arthritis are expected to augment growth of the orthobiologics market.
Market Dynamics
Increasing adoption of inorganic strategies such as product launches by key market players is expected to drive the global orthobiologics market growth over the forecast period. For instance, in July 2020, Spine Wave, Inc., a medical device company, announced that it had launched Tempest allograft bone matrix, which is composed of cancellous and partially demineralized cortical bone. Tempest allograft bone matrix yields a bone allograft that is both osteoconductive and osteoinductive to support bone growth and cellular migration.
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