Global Orthobiologics Market is Expected to Reach $7,900.2 Million by 2019, at a CAGR of 6.7% from 2014 to 2019

FORT WORTH, Texas, April 20, 2015 /PRNewswire/ --

Orthobiologics are substances that are utilized by orthopedic surgeons for healing bone injuries. The orthobiologics market is a rewarding market, which represents a number of growth opportunities for its stakeholders. The global orthobiologics market report defines and segments the concerned market with analysis and forecast of revenue. The global orthobiologics market was valued at $5,712.4 million in 2014, and is projected to reach $7,900.2 million by 2019, at a CAGR of 6.7% from 2014 to 2019.

Browse through the TOC of global orthobiologics market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The changing preference from mechanical to biological implants, accompanied by the rising awareness of orthobiologics is expediting the growth of this market. The orthobiologics market has seen an impressive growth since 2012, owing to increased research and development activities and rising demand for orthobiologics products.

North America contributes the largest market share in the global orthobiologics market, and is slated to grow further due to recent advancements made in the field of orthopedics. On the other hand, Asia is the fastest growing region in the global orthobiologics market by virtue of its exponential aging population as well as rising prevalence of diabetes and obesity.

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The global orthobiologics market is segmented on the basis of product, end-user, and geography. According to geographical segmentation, this market is classified into North America, Europe, Asia, and the rest of the world (RoW).

This report provides a comprehensive overview of market share and value chain analysis, in addition to in-depth insights on varied market metrics such as drivers, restraints and upcoming opportunities. The report also presents a competitive landscape and company profiles of key players in the market. Biomet, Inc. (U.S.), Medtronic, Plc. (U.S.), Integra Life Sciences Corporation (U.S.), Stryker Corporation (U.S.), Zimmer, Inc. (U.S.), DePuy Synthes (U.S.), Tornier, Inc. (Netherlands), Nuvasive, Inc. (U.S.), Exactech, Inc. (U.S.), Globus Medical, Inc. (U.S.), and Wright Medical Technology, Inc. (U.S.) are some of the leading players in the global orthobiologics market.

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The North America Orthobiologics Market was valued at $1,724.5 million in 2014, and is expected to reach $2,493.5 million by 2019 at a CAGR of 7.7% from 2014 to 2019. The North American orthobiologics market has been segmented on the basis of product, end-user, and country. Orthobiologics market comprises products such as bone graft substitutes, stem cell therapy, bone allografts, viscosupplementation, and bone growth factor & spinal stimulation. The market has been further segmented on the basis of end-users into hospitals, Point of Care (POC) testing, and other end users. The North America Orthobiologics market consists of countries such as the U.S., Canada, and Mexico. 

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