Analyzing the Future of Orthobiologics Devices And Equipment Market Dynamics 2025-2034: Growth Rate, Trends, and Major Opportunities
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What is the Future CAGR of the Orthobiologics Devices And Equipment Market, and How Will It Impact Industry Expansion?
In the recent past, the market size for orthobiologics devices and equipment has seen a consistent growth. The market is anticipated to increase from $5.74 billion in 2024 to $5.99 billion in 2025, with a compound annual growth rate (CAGR) of 4.4%. Factors attributing to this growth during the historical period include the entry of innovative devices into the market, regulatory standards compliance, the evolution of implant designs, an increase in sports-related injuries, and clinical trials and research, coupled with an aging population.
The market for orthobiologics devices and equipment is anticipated to experience significant growth in the upcoming years, ballooning to a value of $7.98 billion by 2029 at a compound annual growth rate (CAGR) of 7.4%. This anticipated increase during the forecast period can be attributed to factors such as ai-assisted surgical planning, the push for value-based healthcare initiatives, the expansion of the market into up-and-coming economies, the use of precision tools in surgery, and an increased emphasis on regenerative medicine. Notable trends for the forecast period encompass ai-assisted planning and simulation, bespoke patient solutions, improved biological integration, the popularity of minimally invasive procedures, and a continued spotlight on regenerative therapy options.
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Orthobiologics Devices And Equipment Market?
The rise in the number of elderly people in most countries has triggered the expansion of the orthobiologics devices and equipment market worldwide. A United Nations report reveals that there were 962 million individuals over the age of 60 globally, accounting for 13% of the total global populace. The over-60 population segment is projected to increase by around 3% annually. The same report conjectured that Europe had the greatest proportion of the population aged above 60. Based on data from the Population Reference Bureau, the global count of individuals over 65 rose by 33%. This demographic growth in the elderly population has widened the pool of patients with a variety of orthopedic conditions, thereby driving the demand for orthobiologics devices and equipment market.
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What Are the Top Market Players Propelling the Growth of the Orthobiologics Devices And Equipment Industry?
Major companies operating in the orthobiologics devices and equipment market include BONESUPPORT AB, Medtronic plc, Kuros Biosciences Ltd., Stryker Corporation, Baxter International Inc., DePuy Synthes, Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Arthrex Inc., Enovis Corp., Integra Lifesciences Holding Corporation, NuVasive Inc., Globus Medical Inc., Bioventus LLC, Orthofix Medical Inc., SeaSpine Holdings Corporation, Xtant Medical Holdings Inc., Acumed LLC, Bone Biologics Corp.
What New Trends Are Reshaping the Orthobiologics Devices And Equipment Market and Its Opportunities?
In the realms of orthobiologics treatment and orthopedic trauma surgeries, the usage of biodegradable implants is on the rise. Serving the purpose of substituting a lost biological structure, bolstering a weakened biological structure, or augmenting an existing bone structure, biodegradable implants are fast replacing their traditional counterparts like expensive plates and screws. Comprising of re-absorbable polymers such as polyglycolic acid and polylactic acid, and available in forms of plates, screws, and pins, these biodegradable implants are favored over the conventional implants by surgeons. They can be designed to offer temporary support for fractured bones, disintegrate at a pace consistent with new tissue generation, negate the need for a follow-up surgery, and are especially beneficial in children’s fracture fixation, reducing implant-related infections. Companies like Stryker Corp., bring to the market orthobiologics such as bone repair debgradable products which facilitate bone regeneration, healing of the bone, and soft tissue regeneration along with linking muscle to bone.
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How Are Market Segments in the Orthobiologics Devices And Equipment Industry Positioned for Long-Term Growth?
The orthobiologics devices and equipment market covered in this report is segmented –
1) By Product Type: Demineralized Bone Matrix, Synthetic Bone Substitutes, Stem Cell Therapy, Plasma-Rich Protein, Viscosupplementation, Bone Morphogenetic Protein, Synthetic Orthobiologics
2) By Application: Osteoarthritis and Degenerative Arthritis, Soft-Tissue Injuries, Fracture Recovery, Maxillofacial and Dental Applications, Spinal Fusion, Trauma Repair, Reconstructive Surgery
3) By End Use: Hospitals, Orthopedic Clinics, Other End Users
Subsegments:
1) By Demineralized Bone Matrix: Injectable Demineralized Bone Matrix, Paste and Putty Forms, Demineralized Bone Matrix Scaffolds
2) By Synthetic Bone Substitutes: Calcium Phosphate Ceramics, Bioactive Glasses, Polymers and Composites
3) By Stem Cell Therapy: Adipose-Derived Stem Cell Products, Bone Marrow-Derived Stem Cell Products, Umbilical Cord Blood-Derived Stem Cell Products
4) By Plasma-Rich Protein: Platelet-Rich Plasma (PRP) Products, Platelet-Rich Fibrin (PRF) Products
5) By Viscosupplementation: Hyaluronic Acid Injections, Combination Viscosupplementation Products
6) By Bone Morphogenetic Protein (BMP): Recombinant Bone Morphogenetic Proteins, BMP Delivery Systems
7) By Synthetic Orthobiologics: Growth Factor-Enhanced Products, Biodegradable Scaffolds with Bioactive Agents, Other Synthetic Formulations
What Regions Are Dominating the Orthobiologics Devices And Equipment Market Growth?
The countries covered in the orthobiologics devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Are the Defining Aspects of the Orthobiologics Devices And Equipment Market Landscape?
Orthro biologic devices are implants composed of cells and proteins that are naturally found in the human body and that provide accelerated healing by stimulating efficient regrowth of musculoskeletal tissues, including bones, cartilage, tendons, and ligaments.
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