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Market Intel: Orthobiologics Market Well-Positioned For Innovative Reconstruction

 
• By Gayle Grimes

Global sales of orthobiologics for musculoskeletal soft tissue replacement and regeneration are predicted to hit $1.4bn by 2021, driven largely by rising numbers of sports injuries requiring treatment, but also by a higher prevalence of osteoarthritis and a need for innovative treatments for musculoskeletal repair. This article offers an in-depth look at the orthobiologics market landscape for cartilage, meniscus and ligament/tendon replacement and regeneration, as well as insight from an orthopedic surgeon. It also analyzes key players in these markets and highlights emerging trends and the greatest barriers for wider adoption of products.

3d rendered medically accurate illustration of a runners bones

The global market for orthobiologic products used in musculoskeletal soft tissue replacement and regeneration is expected to expand at a compound annual growth rate of 5.9% to reach $1.4bn by 2021.

According to a new report by Meddevicetracker, "Orthobiologics Market for Musculoskeletal Soft Tissue Replacement and Regeneration," this market totaled $1bn in 2016 from sales of its three key segments: products for cartilage replacement and regeneration, products for meniscal replacement and regeneration, and – the largest segment of all – products for ligament and tendon replacement and regeneration

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