Albany, NY -- (SBWIRE) -- 03/29/2019 -- A compendious study on the orthobiologics market has been added by ResearchMoz.us. It is titled "Orthobiologics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026". The report bring out every stop to present through information about the growth drivers, major trends, and restraints in the global orthobiologics market. This enables it to uncover the growth pace of the market. The report also provides readers with a detailed collection of figures, tables, and statistics that shed light on the size of the market and its growth pace.
Orthobiologics are a type of substances which are mainly used to heal various types of injuries such as injured ligaments, muscles, and tendons, and fractures within a short period of time. These substances are usually made up of naturally occurred bodily substances. A few examples of orthobiologics are autologous blood, bone grafts, autologous conditioned serum, stem cells, growth factors, and platelet rich plasma. Orthobiologics accelerate the healing process and also helps in faster recovery along with reducing number of hospital visits for injured patients. Such USPs are mainly driving the global orthobiologics market.
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According to WHO, fatal falls are the second leading cause of accidental injury and fractures globally. Many people are dying from falls worldwide. Thus, rising cases of fall is the major reason to increase the chances of injuries and fractures, which in turn is fueling demand in the global orthobiologics market. Apart from this major fact, increasing road accidents, rising incidences of sports injuries, and growing obesity rate are also the crucial factors boosting the global orthobiologics market. Along with these, increasing incidences of various orthopedic disorders, and burgeoning aging population suffering from fractures due to fragile skeletal framework are also propelling growth in the global orthobiologics market.
Furthermore, orthobiologic therapy includes minimally invasive therapy, and it is considered as one of the major components of regenerative medicine. Orthobiologics are also used to treat numerous musculoskeletal alignments such as degenerative osteoarthritis. Such substances are also accepted as a prominent treatment option for early osteoarthritis of the knee. Such advantages are fueling demand in the global orthobiologics market. Rapid advancements in implant technologies, and rising demand for biological solutions over the conventional mechanical solution are also the vital factors boosting growth in the global orthobiologics market.
Region wise, North America is leading the global orthobiologics market as the region has seen rapid technological advancements in healthcare industry. Additionally, growing cases of sports injuries, increasing orthopedic procedures, and rising spine and trauma injuries are also responsible for fueling growth in the orthobiologics market in this region.
Some of the major players operating in the global orthobiologics market are DePuy Synthes, Medtronic, Stryker, Sanofi, and MTF Biologics. The report unravels their market standing, product offerings, geographical outreach, and strategies for progress. It also furnishes information on their sales and revenues and their growth potential.
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