DUBLIN, May 20, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Orthobiologics Market 2016-2020" report to their offering.
The report forecasts the global orthobiologics market to grow at a CAGR of 7.03% during the period 2016-2020.
Orthobiologics is an advancing medical field that involves the use of biomaterials and cell-based therapies to repair broken bones, prevent bone degeneration, and provide bone stability. Innovations in orthobiologics led to the development of bone grafts and tissue regeneration products that accelerate the bone healing process, reducing hospital visits, and stays.
A major trend that is expected to boost the market growth during the forecast period is the increase in funds to enhance orthobiologics. Vendors in the market are extensively investing in research to develop a wide range of innovative products, strengthening their portfolio and successful commercialization of products. Such developments will lead to the growth of the orthobiologics market over the next five years.
According to the report, forming strategic partnerships for marketing is one of the primary drivers of the market. Vendors form strategic partnerships to expand their businesses, extend their product offerings, and increase their market shares. These partnerships also help companies align their technologies with each other's innovative medical device portfolio.
Further, the report states that the high cost of spinal fusion surgeries is restricting the sales of orthobiologics.
- DePuy Synthes
- Zimmer Biomet
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Funding for orthobiologics development
PART 06: Market landscape
PART 07: Market segmentation by product
PART 08: Market segmentation by procedure
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/kc6x5s/global
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SOURCE Research and Markets