Asia-Pacific Orthobiologics Market by Type (Bone Allograft, Bone Graft Substitutes, Bone Growth Factors & Spinal Stimulation, Stem Cell Therapy, Viscosupplementation), by End-User (Hospitals, Point-of-Care Testing) – Forecast to 2019

Date: 2015-07

“The Asian orthobiologics market is expected to present significant growth opportunities for its stakeholders. This market was valued at $1,181.9 million in 2014 and is estimated to reach $1,651.6 million by 2019, at a CAGR of 6.9% from 2014 to 2019.
Browse through the TOC of the Asian orthobiologics market, to get an idea of the market segmentation and the in-depth analysis provided in this report.
The increasing demand for biological implants over mechanical implants, coupled with the rising awareness levels about the benefits of orthobiologics, is driving the growth of this market. Moreover, the rising demand for orthopedic devices is also contributing to the growth of the Asian orthobiologics market. The orthobiologics market has seen impressive growth since 2012 owing to the increase in the number of research and development activities in this field as well as the rising demand for orthobiologics due to the various benefits associated with their use.
Japan accounts for the largest share of the Asian orthobiologics market. The market in this geographic segment is slated to grow further due to the augmented growth in research, and the growth in aging population in the country. The market in India is expected to witness the highest growth owing to the rising geriatric population and increasing number of road accidents in the country.
The Asian orthobiologics market is segmented and forecasted based on products and end users. Based on geography, the market has been segmented into Japan, China, India, Republic of Korea, and the Rest of Asia (RoA). This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities. In addition, it presents a competitive landscape and company profiles of key players operating in the Asian orthobiologics market.

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