DALLAS, November 3, 2014 /PRNewswire/ --
ReportsnReports.com adds North American Orthobiologics Market Research Report to the medical devices segment of its online industry intelligence and data library. The North American Orthobiologics Market is mainly driven by innovation in implant technologies and shifting demand from mechanical to biological solutions. This report analyzes the market of Orthobiologics industry by 6 product segments such as Bone Allograft, Bone Graft Substitutes, Bone Growth Factors & Spinal Stimulation, Stem Cell Therapy and Visco-supplementation.
All of these North American orthobiologics market segments experience a positive growth starting 2012 with an increased demand for technological advances in bone graft materials. The markets have been witnessing the maximum growth because of demand for innovative products and Rising prevalence of chronic arthritis and rapidly aging world population. Orthobiologics has been gaining popularity as it provides accelerated healing, faster recovery and reduction in number of hospital visits. A rise in the incidences of arthritis and geriatric population has triggered the growth of this market. Moreover, increase in obesity rate coupled with rise in demand for minimally invasive procedures has created a considerable demand for bone graft substitutes. In addition, technological advancements, growing patient awareness, rising incidences of road accidents and rising participation in sports related activities has considerably augmented the growth of this market.
Geographically, the North American Orthobiologics Market is segmented into U.S., Canada and Mexico. The high prevalence in North America is because of maximum aging population whereas in Asia and Europe it's because of high diabetes and obese population. The report also provides an extensive competitive landscaping of companies operating in this market. Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies have been detailed.
The population aging is high in North America and 14% of the total North American population is above 65 years of age. The number of the older population is expected to increase manifold in future. They are prone to osteoarthritis and bone fracture and require orthopedic treatments and implants on a large scale. Moreover, increase in obesity rate coupled with rise in demand for minimally invasive procedures has created a considerable demand for bone graft substitutes. In addition, technological advancements, growing patient awareness, rising incidences of road accidents and sport injuries has augmented the growth of this market. The U.S. contributes largely to the orthobiologics market in North America, with around 92% alone, in 2014. In addition to rising number of aging population, U.S. also has highest incidence rates of osteoporosis, which is one of the causes of bone fracture among st the elderly.
The main companies operating in North American Orthobiologics market and extensively covered in this report are Stryker, Zimmer, DePuy Synthes, Medtronic, Smith and Nephew, Exactech Inc., Tornier, Biomet Inc., Wright Medical Group and Ottobock. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=313590 .
Customization Options: Along with the market data, you can also customize MMM assessments that meet your company's specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
Product Analysis: Usage pattern (in-depth trend analysis) of products (Segment wise); Product Matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub segment level; End-user Adoption rate analysis of the products (Segment wise and Country wise) and Comprehensive coverage of Product approvals, Pipeline products and Product recalls.
Epidemiology Data: Country specific Prevalence of Knee, Hand, Hip, Spine Osteoarthritis (OA) and Rheumatoid Arthritis (RA); Country specific Patient pool of Knee, Hand, Hip, Spine OA and RA and Disease progression (Pattern analysis).
Procedure Volume Data: Bilateral and Unilateral Hip and Knee procedures performed annually in each Country tracked till sub-segment level; Number of Foot & Ankle, Wrist, Shoulder, Elbow, Digit and Disc Replacement procedures performed in each country.
Surgeons/Physicians Forum: Fast turn-around analysis of Surgeons response to market events and trends; Pattern analysis of usage of Bone cements (antibiotic and non-antibiotic) by Physicians; Surgeons opinion about products from different companies; Surgeons qualitative inputs on epidemiology data.
Perception Matrix: Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs; Analysis of overall brand usage and familiarity and brand advocacy distribution (Detractor/Neutral/Familiar).
A similar report on European Orthobiologics Market covering information on U.K., Germany, France, Italy, Spain and Rest of Europe is available at http://www.reportsnreports.com/reports/313694-european-orthobiologics-market-research-report.html .The high prevalence in Europe is because of maximum aging population. The main companies operating in Orthobiologics market and extensively covered in this report are Stryker, Zimmer, DePuy Synthes, Medtronic, Smith and Nephew, Exactech Inc., Tornier, Biomet Inc., Wright Medical Group and Ottobock. On the same lines Asian orthobiologics market research report is available at http://www.reportsnreports.com/reports/313697-asian-orthobiologics-market-research-report.html .
Explore more medical devices market reports as well as other research by MicroMarketMonitor at http://www.reportsnreports.com/publisher/micromarketmonitor/ .
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