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
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900