Ortho Biological Products Market
Global Ortho Biological Products Market Size, Share & Trends Analysis Report By Type (Viscosupplementation, Demineralized Bone Matrices (DBM), Bone Morphogenic Protein (BMP), Allografts, and Others), By Application (Osteoarthritis and Degenerative Arthritis, Spinal Fusion, Trauma, Reconstructive Surgeries, and Others), Forecast 2022-2028 Update Available - Forecast 2024-2030
The ortho biological products market is expected to grow at a significant CAGR of 4.3% during the forecast period. The ortho biological products market is expected to grow due to increasing incidences of sports injury, road accidents, osteoarthritis, and increasing adoption of minimally invasive surgeries. Furthermore, a global increase in the number of geriatrics and obese people is likely to drive the market. As per the information by United Nations in 2020, there are an estimated 727 million persons aged 65 years or over across the globe. Additionally, this number is anticipated to be more than double by 2050, reaching over 1.5 billion persons.
Impact of COVID-19 Pandemic on Ortho Biological Products Market
The COVID-19 pandemic had impacted the global economy due to a slowdown in the manufacturing of various industries due to restrictions imposed by governmental bodies around the globe. Most of the elective surgeries have taken a back seat due to the prioritization of emergency surgeries due to the COVID-19 pandemic. Orthopedics surgery had the finest impact with the postponement of the surgeries. Many hospitals turned down ortho surgeries for more emergency surgeries. This reduced the surgeries conducted for both orthopedic surgery and biologics which adversely impacted the market.
Segmental Outlook
Ortho biological products market is segmented on the type and application. By type, the market is segmented into viscosupplementation, demineralized bone matrices (DBM), bone morphogenic protein (BMP), allografts, and others. Based on the application, the market is sub-segmented into osteoarthritis and degenerative arthritis, spinal fusion, trauma, reconstructive surgeries, and others. Among all these segments, by application, the osteoarthritis and degenerative arthritis segment is expected to experience the fastest growth in the market.
Global Ortho Biological Products Market Share by Application, 2021 (%)
The Osteoarthritis and Degenerative Arthritis Drugs are Holding a Prominent Share in the Global Ortho Biological Products Market
Osteoarthritis and Degenerative Arthritis holds a prominent share in the market, due to the increasing prevalence of osteoarthritis and degenerative arthritis. As per the information provided by the Centers for Disease Control and Prevention (CDC) which estimates that 1 in 4 (or 54.4 million) US adults have some form of arthritis, which is anticipated to reach 78 million by the year 2040. While there are estimated to be more than 100 types of arthritis and osteoarthritis (OA), affecting 32.5 million US adults. Ortho biologics can be one such option for the treatment of Osteoarthritis and Degenerative Arthritis. As per the American academy of orthopedic surgeons (AAOS), ortho biologics are biological substances found naturally in the body that supports to heal injuries. However, these treatments include platelet-rich plasma (PRP), prolotherapy, ozone therapy, autologous conditioned serum (ACS), and many others. So, with the increasing prevalence of Osteoarthritis and Degenerative Arthritis, and the development of innovative products, the market growth is expected to be augmented.
Regional Outlooks
Ortho Biological Products Market is further segmented in geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). In Asia-Pacific region, rising health care expenditure is one of the prime factors affecting the growth of the market. Additionally, increasing demand for viscosupplements in India and the rising number of standalone orthopedic clinics along with key market companies expanding their reach in this region, especially in South Korea, China, and India are impacting the growth of the market.
Global Ortho Biological Products Market Growth, by region 2022-2028
North America region is estimated to Hold the Significant Share in the Global Ortho Biological Products Market
North America is anticipated to hold a prominent share in the market mainly due to the constant rise in the incidences of spinal disorders, and rising geriatric and obese populations. Furthermore, growing preference for minimally invasive procedures, and increasing physician and patient awareness about newly introduced treatment procedures and technologies will drive the market in this region. Moreover, established healthcare infrastructure, accessibility to novel technologies and increase in R&D are also the reason for holding a significant share in this region.
Market Players Outlook
The major companies serving the global ortho biological products market include Baxter International Inc., Johnson & Johnson Services, Inc., Medtronic plc, Royal Biologics, Surgalign Holdings Inc., and others. The growth of the market is considerably contributed by the market player for the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2021, Surgalign Holdings Inc. announced the commercial launch and the completion of the first surgery of ViBone Moldable in the US. ViBone Moldable is the newest ortho biologics solution that supports spinal fusion.
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ortho biological products market. Based on the availability of data, information related to the market, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on The Global Ortho Biological Products Market
- Recovery Scenario of Global Ortho Biological Products Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Baxter International Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Johnson & Johnson Services, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Medtronic Plc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Royal Biologics
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Surgalign Holdings Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Ortho Biological Products Market by Type
4.1.1. Viscosupplementation
4.1.2. Demineralized Bone Matrices (DBM)
4.1.3. Bone Morphogenic Protein (BMP)
4.1.4. Allografts
4.1.5. Others (Machined Bones, Plasma-rich Protein)
4.2. Global Ortho Biological Products Market by Application
4.2.1. Osteoarthritis and Degenerative Arthritis
4.2.2. Spinal Fusion
4.2.3. Trauma
4.2.4. Reconstructive Surgeries
4.2.5. Others (Soft-tissue Injuries)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alphatec Spine, Inc.
6.2. Arthrex
6.3. Bioventus LLC
6.4. Bone Biologics Corp.
6.5. Globus Medical, Inc.
6.6. Integra LifeSciences Corp.
6.7. MTF Biologics
6.8. Orthofix Medical Inc.
6.9. Pioneer Surgical Technology
6.10. RTI Surgical, Inc.
6.11. Seikagaku Corp.
6.12. Smith & Nephew Global Group
6.13. Stryker
6.14. Zimmer Biomet
1. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL VISCOSUPPLEMENTATION FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DEMINERALIZED BONE MATRICES (DBM) FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BONE MORPHOGENIC PROTEIN (BMP) FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL ALLOGRAFTS FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHERS FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN OSTEOARTHRITIS AND DEGENERATIVE ARTHRITIS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN SPINAL FUSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN TRAUMA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN RECONSTRUCTIVE SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. EUROPEAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. REST OF THE WORLD ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. REST OF THE WORLD ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET, 2022-2028 (%)
4. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET BY TYPE, 2021 VS 2028 (%)
5. GLOBAL VISCOSUPPLEMENTATION FOR ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL DEMINERALIZED BONE MATRICES (DBM) FOR ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL BONE MORPHOGENIC PROTEIN (BMP) FOR ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL ALLOGRAFTS FOR ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL OTHERS FOR ORTHO BIOLOGICAL PRODUCTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
10. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN OSTEOARTHRITIS AND DEGENERATIVE ARTHRITIS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN SPINAL FUSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN TRAUMA MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
14. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN RECONSTRUCTIVE SURGERIES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15. GLOBAL ORTHO BIOLOGICAL PRODUCTS IN OTHERS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
16. GLOBAL ORTHO BIOLOGICAL PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ORTHO BIOLOGICAL PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
