Global Orthopedic Regenerative Surgical Products market data 2024, Forecast To 2033
7 Feb, 2024
The orthopedic regenerative surgical products market has experienced strong growth, increasing from $4.27 billion in 2023 to $4.66 billion in 2024, with a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period is attributed to factors such as the aging population, orthopedic injuries, increased patient demand, growth in sports medicine, and the prevalence of musculoskeletal disorders. The orthopedic regenerative surgical products market is expected to see strong growth, reaching $6.4 billion in 2028, with a CAGR of 8.3%. The forecasted growth is driven by factors such as regulatory approvals, sustainable practices, increased adoption of minimally invasive procedures, emphasis on rehabilitation and physical therapy, and a focus on joint preservation. Major trends in the forecast period include advancements in biomaterials, innovations in surgical procedures, the integration of artificial intelligence (AI) and predictive analytics, developments in regenerative medicine, and advancements in orthopedic implants.
Global Orthopedic Regenerative Surgical Products Market Key Driver
The rising prevalence of orthopedic diseases worldwide is anticipated to contribute to the growth of the orthopedic regenerative surgical products market. Musculoskeletal conditions, affecting 1.71 billion people globally, are a significant contributor to disability. The increasing incidence of orthopedic diseases is expected to drive the market for regenerative surgical products. (2023: 1.71 billion, 2024: - , 2028: -)
Get A Free Sample Of The Global Orthopedic Regenerative Surgical Products Market ReportGlobal Orthopedic Regenerative Surgical Products Market Segments
The global orthopedic regenerative surgical products market covered in this report is segmented –
1) By Product: Allograft, Synthetic, Cell-based, Viscosupplements
2) By Application: Orthopedic Pain Management, Trauma Repair, Cartilage and Tendon Repair, Joint Reconstruction
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users
By Geography: The regions covered in the Orthopedic Regenerative Surgical Products market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North Americawas the largest region in the orthopedic regenerative surgical products market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the orthopedic regenerative surgical products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Orthopedic Regenerative Surgical Products Industry Players
Baxter International Inc., Zimmer Biomet Holdings Inc., Stryker Corporation, Smith&Nephew plc, Allosource, Anika Therapeutics Inc., Vericel Corporation, Amniox Medical Inc., MIMEDX Group Inc., Aptissen S.A, Arthrex Inc., Bioventus LLC, Conmed Corporation, DePuy Synthes Inc., Exactech Inc., Globus Medical Inc., Integra LifeSciences Corporation, Johnson & Johnson Medical Devices group, Kuros Biosciences AG, Medtronic plc, NuVasive Inc., Orthofix Medical Inc., Osiris Therapeutics Inc., RTI Surgical Inc., SeaSpine Holdings Corporation, Terumo BCT Inc., Tissue Regenix Group plc, Wright Medical Group N.V., Xtant Medical Holdings Inc., Camber Spine Technologies, Lima Corporate, Life Spine Inc., CollPlant Biotechnologies Ltd.
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Orthopedic Regenerative Surgical Products Market Overview
Orthopedic regenerative surgical products are used for the treatment of joint pains, gout, articular defects, fibromyalgia, and osteoarthritis, as well as trauma and joint replacement, joint problems, regenerative orthopedic medicine using platelet-rich plasma (PRP) which is frequently the nonsurgical treatment of choice to assist patients in healing and repairing many musculoskeletal (orthopedic) injuries such as joint, tendon, ligament, and muscular injuries. The orthopedic regenerative surgical products are curing many other musculoskeletal injuries.
Orthopedic Regenerative Surgical Products Global Market Report 2023 provides data on the global orthopedic regenerative surgical products market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The orthopedic regenerative surgical products market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.