TechNavio today launched its report Global Orthobiologics Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”The latest trend in orthopedic surgeries is the increasing use of minimally invasive surgery (MIS). MIS is gaining popularity because it offers several advantages such as less pain, faster recovery, smaller incisions, reduced blood loss, and cost effectiveness.
It has been proven that the treatment using orthobiologics would increase the strength and ability of the repair, and decrease the length of the postoperative period. This trend is expected to have a positive impact on the market in the short term.”
According to the report, the increase in aging population globally provides several opportunities to healthcare providers. The aging population, which includes those above 65 years of age, is expected to increase tremendously by 2020 because of the low mortality rate and increased birth control measures in countries across the globe. Since this aging population is vulnerable to several diseases because of the weakening body, improved healthcare services are needed. This has resulted in an increase in the use of orthopedic devices, which will contribute to the growth of the Global Orthobiologics market. Since the APAC and EMEA regions comprise a majority of the aging population, several MNCs are offering their orthobiologics products in these regions. This is one of the major factors contributing to the growth of the market.
Further, the report also discusses that the shortage of trained orthopedic surgeons is expected to adversely impact the growth of the market in the long term.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-orthobiologics-market-2011-2015
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TechNavio Announces the Publication of its Report – Global Orthobiologics Market 2011-2015
