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Orthopedic Growth Factor Market Size, Share, and COVID-19 Impact Analysis | Global | 2023-2029 | MedCore

  • Year: 2023
  • Scope: 10 Years
  • Region: Global
  • Pages: 31
  • Published Date: 12/30/2022
  • Type: MedCore

Overall, the global orthopedic growth factor market was valued at $860 million in 2022. This is expected to increase over the forecast period at a CAGR of 3.5% to reach $1.1 billion.

The orthopedic growth factor market experienced a decline in sales as a result of the COVID-19 pandemic. The primary reason for this was the mass cancellation and postponement of scheduled procedures, which greatly disrupted the ecosystem. Although these changes are only temporary, and the market is expected to return to steady growth in the long run, the impact has been significant, and many companies have been forced to accept unprecedented losses in this area for 2020.

DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Sports Medicine Procedure Volumes
  • Market Forecasts Until 2029, and Historical Data to 2022
  • Market Drivers & Limiters for each Sports Medicine market segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

 PROCEDURE NUMBERS

Aside from the decline and recovery during 2020 and 2022, associated with the delay and cancellation of elective procedures, the total number of orthopedic growth factor procedures is projected to grow at a mid-single-digit rate over the forecast period.

GLOBAL ORTHOPEDIC GROWTH FACTOR MARKET INSIGHTS

global orthopedic growth factor marketThe global orthopedic growth factor market has been steadily increasing in value over the past few years. Medtronic has been largely dominant in the market with its INFUSE® product. However, Wright Medical has been gaining traction with its AUGMENT® product line, which has seen strong growth since its inception in 2015 and the introduction of AUGMENT® Injectable into the market in 2018.

GLOBAL ORTHOPEDIC GROWTH FACTOR MARKET SHARE INSIGHTS

The global orthopedic growth factor market is controlled by three main companies: Medtronic, Stryker, and Cerapedics.global orthopedic growth factor

In 2022, Medtronic was the leader in the orthopedic growth factor market. Medtronic’s INFUSE® product remains the gold standard for spinal fusion therapies.

GLOBAL ORTHOPEDIC GROWTH FACTOR MARKET SEGMENTATION SUMMARY

  • Orthopedic Growth Factor Market

RESEARCH SCOPE SUMMARY

Report Attribute Details
Regions North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan,   Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand,   Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year 2022
Forecast 2023-2029
Historical Data 2019-2022
Quantitative Coverage Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

 

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Table of Contents

Orthopedic Growth Factor Market
6.1 Executive Summary
6.1.1 Global Orthopedic Growth Factor Market Overview
6.1.2 Competitive Analysis
6.1.3 Regions Included
6.2 Introduction
6.3 Procedure Numbers
6.4 Market Analysis and Forecast
6.5 Drivers and Limiters
6.5.1 Market Drivers
6.5.2 Market Limiters
6.6 Competitive Market Share Analysis

Companies Included:

Medtronic
Stryker
Cerapedics
Others include: Rebone Biomaterials, etc.

List of Charts

Chart 6‑1: Orthopedic Growth Factor Market, Global, 2022 & 2029
Chart 6‑2: Orthopedic Growth Factor Procedures, Global, 2022
Chart 6‑3: Orthopedic Growth Factor Procedures by Segment, Global, 2019 – 2029
Chart 6‑4: Orthopedic Growth Factor Device Market, Global, 2019 – 2029
Chart 6‑5: Leading Competitors, Orthopedic Growth Factor Market, Global, 2022

List of Figures

Figure 6‑1: Orthopedic Growth Factor Procedures by Region, Global, 2019 – 2029
Figure 6‑2: Orthopedic Growth Factor Procedures by Country, North America, 2019 – 2029
Figure 6‑3: Orthopedic Growth Factor Procedures by Country, Latin America, 2019 – 2029 (1 of 2)
Figure 6‑4: Orthopedic Growth Factor Procedures by Country, Latin America, 2019 – 2029 (2 of 2)
Figure 6‑5: Orthopedic Growth Factor Procedures by Country, Western Europe, 2019 – 2029
Figure 6‑6: Orthopedic Growth Factor Procedures by Country, Central & Eastern Europe, 2019 – 2029 (1 of 2)
Figure 6‑7: Orthopedic Growth Factor Procedures by Country, Central & Eastern Europe, 2019 – 2029 (2 of 2)
Figure 6‑8: Orthopedic Growth Factor Procedures by Country, Middle East, 2019 – 2029
Figure 6‑9: Orthopedic Growth Factor Procedures by Country, Asia-Pacific, 2019 – 2029 (1 of 3)
Figure 6‑10: Orthopedic Growth Factor Procedures by Country, Asia-Pacific, 2019 – 2029 (2 of 3)
Figure 6‑11: Orthopedic Growth Factor Procedures by Country, Asia-Pacific, 2019 – 2029 (3 of 3)
Figure 6‑12: Orthopedic Growth Factor Procedures by Country, Africa, 2019 – 2029
Figure 6‑13: Orthopedic Growth Factor Market, Global, 2019 – 2029
Figure 6‑14: Units Sold by Region, Orthopedic Growth Factor Market, Global, 2019 – 2029
Figure 6‑15: Average Selling Price by Region, Orthopedic Growth Factor Market, Global, 2019 – 2029 (US$)
Figure 6‑16: Market Value by Region, Orthopedic Growth Factor Market, Global, 2019 – 2029 (US$M)
Figure 6‑17: Leading Competitors, Orthopedic Growth Factor Market, Global, 2022

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

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Orthopedic Growth Factor Market Size, Share, and COVID-19 Impact Analysis | Global | 2023-2029 | MedCore

$4,995$8,995

Growth factors are a group of small, soluble proteins that bind onto cell surface receptors, triggering a series of signals that regulate the body’s ability to grow, renew and heal. Due to the regenerative properties of growth factors, they have been exploited for bone healing in orthopedic applications.

  • 2023
  • 10 Years
  • Global
  • 12/30/2022
  • 31
  • MedCore
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