Global Orthobiologics Strategic Business Report 2024: Market to Reach $8.2 Billion by 2030 from $5.9 Billion in 2022 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Orthobiologics: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.


Global Orthobiologics Market to Reach $8.2 Billion by 2030

The global market for Orthobiologics estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030.

Viscosupplementation, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic Orthobiologics segment is readjusted to a revised 3.5% CAGR for the next 8-year period.

The Orthobiologics market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 3.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Key Attributes:

Report Attribute
Details

No. of Pages
193

Forecast Period
2022 – 2030

Estimated Market Value (USD) in 2022
$5.9 Billion

Forecasted Market Value (USD) by 2030
$8.2 Billion

Compound Annual Growth Rate
4.2%

Regions Covered
Global

MARKET OVERVIEW

Influencer Market Insights

World Market Trajectories

Impact of Covid-19 and a Looming Global Recession

Orthobiologics – Global Key Competitors Percentage Market Share in 2022 (E)

Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS Select Competitors (Total 44 Featured)

Arthrex, Inc.

Bioventus LLC

DePuy Synthes

Globus Medical, Inc.

K2M Group Holdings, Inc.

Kuros Biosciences AG

Medtronic PLC

NuVasive, Inc.

Orthofix International NV

RTI Surgical, Inc.

SeaSpine Holdings Corporation

Stryker Corporation

XTANT Medical Holdings, Inc.

Zimmer Biomet Holdings, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/cnbjyl

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