Orthobiologics Market by Product Type (Bone Graft Substitutes, Viscosupplements, Stem Cell Therapy, Bone Marrow Aspirate Concentrates (BMAC), Platelet-Rich Plasma (PRP)), Application (Spinal Fusion, Trauma Repair, Osteoarthritis and Degenerative Arthritis, Soft Tissue Repair, Fracture Recovery), End-User (Hospitals and Surgical Centers, Orthopedic Clinics, Ambulatory Surgical Centers, Dental Clinics, Research and Academic Institutes), & Region for 2024-2031
Report ID: 19674|No. of Pages: 202
Orthobiologics Market by Product Type (Bone Graft Substitutes, Viscosupplements, Stem Cell Therapy, Bone Marrow Aspirate Concentrates (BMAC), Platelet-Rich Plasma (PRP)), Application (Spinal Fusion, Trauma Repair, Osteoarthritis and Degenerative Arthritis, Soft Tissue Repair, Fracture Recovery), End-User (Hospitals and Surgical Centers, Orthopedic Clinics, Ambulatory Surgical Centers, Dental Clinics, Research and Academic Institutes), & Region for 2024-2031
Orthobiologics Market Valuation – 2024-2031
Increasing demand for minimally invasive procedures is driven by a growing preference among patients and healthcare providers for treatments that reduce recovery time and minimize surgical risks, thereby positively impacting the market size of the Orthobiologics sector. According to the analyst from Verified Market Research, the Orthobiologics Market is estimated to reach a valuation of USD 8.27 Billion over 2031 the forecast subjugating around USD 5.57 Billion valued in 2024.
The rapid expansion of the orthobiologics market is primarily driven by advancements in regenerative medicine and biomaterials, which enhance treatment effectiveness and support a higher CAGR. It enables the market to grow at a CAGR of 5.05% from 2024 to 2031.
Orthobiologics Market: Definition/ Overview
Orthobiologics are biologically derived materials utilized in medical treatments to promote faster healing of musculoskeletal injuries, including bone, cartilage, ligament, and tendon repair. Often produced from substances found naturally within the body, such as growth factors, proteins, and stem cells, these materials are engineered to enhance the body’s natural healing mechanisms. Applications of orthobiologics have been concentrated in orthopedic and sports medicine, where they are employed in procedures ranging from spinal fusion surgeries to joint replacements and soft tissue repairs.
Increasing demand for minimally invasive and regenerative treatments has been observed, contributing significantly to the market’s expansion. Growth factors, such as technological advancements in biomaterials and increased awareness of non-invasive therapeutic options, have further fueled the adoption of orthobiologics across healthcare settings. With a growing focus on improving patient recovery times and reducing the long-term impact of musculoskeletal disorders, the orthobiologics market is expected to witness sustained growth in the coming years.
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How is the Increasing Demand for Minimally Invasive Procedures Influencing the Orthobiologics Market?
The orthobiologics market is significantly impacted by the rising demand for minimally invasive procedures, which has been observed to accelerate the adoption of biologically derived materials in musculoskeletal treatments. A survey indicated that 66.1% of orthopedic surgeons reported using at least one type of orthobiologic in their practice, with many citing an increase in utilization due to patient demand for less invasive treatment options. It is seen that healthcare providers are increasingly implementing orthobiologic therapies to meet patient preferences for reduced surgical risks, lower recovery times, and enhanced postoperative outcomes.
Additionally, advancements in regenerative medicine and biomaterials are being leveraged to improve the efficacy and accessibility of these procedures, thereby expanding the orthobiologics market. With demand for non-invasive alternatives on the rise, higher investments in research and development are being allocated, and strategic partnerships are being formed within the industry to support innovation and broaden the product range. As a result, a strong growth trajectory is anticipated for the orthobiologics sector, driven by evolving patient preferences and technological advancements.
What Market Restraints are Currently Limiting the Expansion of the Orthobiologics Sector?
The orthobiologics sector is being restrained by high costs and stringent regulatory requirements, which have been observed to create significant barriers to entry for new market players. The approval process for orthobiologics is rigorously monitored by regulatory bodies to ensure safety and efficacy, often leading to extended timelines for product approvals and increased development costs.
Furthermore, the high costs associated with orthobiologic treatments are seen to limit their accessibility in certain regions, where healthcare systems and insurance providers may be less likely to cover these advanced therapies. Additionally, reimbursement policies are not consistently supportive of orthobiologic procedures, which has resulted in slowed market penetration, particularly in emerging economies. The cumulative effect of these factors is impacting the market’s overall growth potential, as regulatory and cost constraints pose considerable challenges to market expansion.
Category-Wise Acumens
What Factors Contribute to the Dominance of Bone Graft Substitutes in the Orthobiologics Market?
According to VMR analyst, bone graft substitutes are observed as the dominant product type within the orthobiologics market, driven by their wide application across various orthopedic and trauma procedures. Their dominance is attributed to their versatility in both regenerative and structural applications, particularly in spinal fusion and fracture recovery, where bone graft substitutes have been employed as critical elements in bone healing and structural support.
Significant advancements in synthetic and natural graft materials, such as ceramics and demineralized bone matrices, have been leveraged to improve patient outcomes, which has further solidified the dominance of bone graft substitutes. The rising incidence of orthopedic conditions and the growing aging population prone to fractures and musculoskeletal disorders has fueled demand. Furthermore, high adoption rates of bone graft substitutes have been observed in hospitals and surgical centers, where complex procedures are performed frequently, thereby reinforcing this segment’s market-leading position.
Which Application is Projected to Grow Rapidly within the Orthobiologics Market?
According to VMR analyst, osteoarthritis and degenerative arthritis applications are expected to experience rapid growth within the orthobiologics market, primarily fueled by the increasing prevalence of these conditions due to an aging population and the growing adoption of advanced treatment options. This application segment has been increasingly prioritized for orthobiologic therapies, including viscosupplements and platelet-rich plasma (PRP), which have shown effectiveness in reducing pain and improving joint function in arthritic patients.
A rise in patient awareness and preference for minimally invasive treatments has been observed, contributing further to demand within this application area. Expanding investments in regenerative medicine and clinical studies on the efficacy of orthobiologic treatments for arthritis management have been instrumental in driving growth. Additionally, partnerships between research institutes and key market players are being established to accelerate product development, further supporting rapid expansion in this application segment.
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Country/Region-wise Acumens
What Factors Contribute to North America’s Leading Position in the Orthobiologics Market?
According to VMR analyst, North America’s leading position in the orthobiologics market is driven by advanced healthcare infrastructure, significant investments in research and development, and the early adoption of innovative medical technologies. High healthcare expenditure across the United States and Canada has enabled widespread adoption of orthobiologic therapies in both public and private healthcare settings.
Additionally, increasing incidence rates of orthopedic conditions and an aging population, have led to higher demand for regenerative treatments like stem cell therapy and platelet-rich plasma. According to the U.S. Census Bureau, adults aged 65 and older will reach 80.8 million by 2040, representing 21.6% of the population. The CDC reports that approximately 54.4 million adults (about 1 in 4) have doctor-diagnosed arthritis, with projections showing this number could reach 78.4 million by 2040. This demographic shift has directly contributed to a 32% increase in orthobiologic procedures between 2019 and 2023.
Favorable reimbursement policies and the presence of major market players in the region have further strengthened North America’s position as a market leader. Furthermore, a strong emphasis on clinical trials and product innovation has been observed, which supports sustained growth and dominance in this geography.
How are Government Initiatives Expected to Shape the Orthobiologics Market in the Asia Pacific Region?
According to VMR analyst, the orthobiologics market in the Asia Pacific region is being significantly influenced by government initiatives that promote healthcare access and drive advancements in medical technologies. Several Asia Pacific countries, including China, Japan, and India, have implemented policies to expand healthcare infrastructure and increase funding for regenerative medicine research, creating favorable conditions for orthobiologic applications.
The rising prevalence of musculoskeletal disorders and injuries in the region has encouraged governments to support advanced treatment options, which has accelerated market growth. The World Health Organization’s Asia Pacific Observatory reported that the region’s elderly population will reach 922.7 million by 2030. The Asian Development Bank estimates that musculoskeletal disorders affect approximately 400 million people in Asia, with a 28% increase in orthopedic procedures observed between 2020-2023.
Additionally, incentives for local production and a growing focus on medical tourism have been observed, further enhancing the region’s attractiveness for orthobiologics. Partnerships between government bodies and private companies are expected to support the development of innovative products, positioning the Asia Pacific region as a rapidly growing market for orthobiologics.
Competitive Landscape
The Orthobiologics Market’s competitive landscape is characterized by a varied range of companies, including technology developers, plant operators, and service providers, all striving for market share in an increasingly dynamic and growing industry.
Some of the prominent players operating in the orthobiologics market include:
- Arthrex, Inc.
- Globus Medical, Inc.
- Johnson & Johnson (DePuy Synthes)
- Medtronic plc
- MTF Biologics
- NuVasive, Inc.
- SeaSpine Holdings Corporation
- Smith & Nephew plc
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
Orthobiologics Latest Developments:
- In March 2022, SeaSpine introduced the NorthStar cervical facet fusion and Flash navigation lumbar facet fusion orthobiologic systems. These systems aim to enhance procedural efficiency by providing a standardized workflow while maximizing fusion area using OsteoStrand demineralized bone matrix (DBM) fibers within the facet joint.
- In January 2022, Bone Solutions Inc. launched Mg OSTEOINJECT, the first injectable bone void filler in the United States incorporating magnesium. This product is designed to support bone repair and regeneration in cases of insufficiency and micro fractures, leveraging magnesium’s critical role in bone health and development.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~5.05% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players | Arthrex, Inc., Globus Medical, Inc., Johnson & Johnson (DePuy Synthes), Medtronic plc, MTF Biologics, NuVasive, Inc., SeaSpine Holdings Corporation, Smith & Nephew plc, Stryker Corporation, Zimmer Biomet Holdings, Inc. |
| Customization | Report customization along with purchase available upon request |
Orthobiologics Market, By Category
Product Type:
- Bone Graft Substitutes
- Viscosupplements
- Stem Cell Therapy
- Bone Marrow Aspirate Concentrates (BMAC)
- Platelet-Rich Plasma (PRP)
Application:
- Spinal Fusion
- Trauma Repair
- Osteoarthritis and Degenerative Arthritis
- Soft Tissue Repair
- Fracture Recovery
End-User:
- Hospitals and Surgical Centers
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Dental Clinics
- Research and Academic Institutes
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. Orthobiologics Market, By Type of Product
• Bone Growth Stimulators
• Bone Graft Substitutes
• Products for Viscosupplementation
• Stem Cell Therapies
• Platelet-Rich Plasma (PRP) Therapy
5. Orthobiologics Market, By Application
• Spine Surgery
• Orthopedic Trauma
• Joint Reconstruction
• Sports medicine
• Dental Applications
6. Orthobiologics Market, By the End User
• Hospitals and Surgical Centers
• Orthopedic Clinics
• Ambulatory Surgical Centers (ASCs)
• Dental Clinics
• Research and Academic Institutes
7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
9. Competitive Landscape
• Key Players
• Market Share Analysis
10. Company Profiles
• Medtronic plc (Ireland)
• Depuy Synthes (US), a subsidiary of Johnson & Johnson (US)
• Zimmer Biomet Holdings, Inc. (US)
• Stryker Corporation (US)
• Globus Medical, Inc. (US)
• MTF Biologics, LLC (US)
• RTI Surgical, Inc. (US)
• SeaSpine Holdings Corporation (US)
• Alphatec Spine, Inc. (US)
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
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- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
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- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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