Orthobiologics Market sees multiple opportunities for market expansion – Byron Review
Orthobiologics are substances that are used to heal injuries such as fractures and injured muscles, ligaments and tendons within a short period of time. Orthobiologics are made from the body’s own substances. Some examples of orthobiologics are bone grafts, autologous blood, autologous conditioned serum, platelet rich plasma, growth factors, and stem cells. The increasing prevalence of injuries and fractures from falls and traffic accidents, as well as the increasing prevalence of chronic arthritis, are expected to fuel the growth of the orthobiological drug market
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Key Company Profiles Covered in This Report:
Medtronic Plc, DePuy Synthes, Inc., Zimmer Biomet Holdings, Inc., Bone Biologics Corp, Harvest Technologies Corporation, Globus Medical, Inc., Smith & Nephew plc. NuVasive Inc., Stryker Corporation, and Genzyme.
Global Orthobiologics Market leader
The approval and launch of new products is expected to fuel the growth of the global orthobiotics market over the forecast period. For example, in July 2020 Kuros Biosciences BV, the Dutch subsidiary of Kuros Biosciences, was granted the European patent EP 3268058 entitled “Osteoinductive Composites”, which covers certain combinations of polymers and granular materials and further expands Kuros’ patent portfolio in relation to its MagnetOs product line.
Global Orthobiologics Market: opportunities
The emerging economies in the Asia-Pacific region and Latin America hold immense potential for the orthobiology market due to their growing populations combined with high unmet medical needs and rising customer expectations in the healthcare sector due to the improvement in economic conditions. Such a scenario is expected to offer lucrative growth opportunities for players in the global orthobiotics market.
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The market research report Orthobiotics assesses the market expansion across the most important regional segments. Sorting is done by topography such as Europe, Asia-Pacific, Latin America, North America, Middle East, and Africa.
The main contents covered in the orthobiologics market:
* Top key company profiles.
* Main business and rival information
* SWOT analysis and PESTEL analysis
* Production, sales, revenue, price and gross margin
* Market share and size
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