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Orthopedic Industry: 2022 Outlook & Trends

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Like most trends in healthcare these days, specialty medicine is seeing profound growth, including the field of orthopedics. There are many emerging factors contributing to this escalation like the active but aging baby boomer generation, athletes — be it weekend warriors or professionals and injuries at any age.

Orthopedics itself focuses on musculoskeletal issues — bones, joints, muscles, ligaments, tendons, and nerves. The field includes diagnosis, prevention, and treatment.

This means that for those interested in owning an orthopedics business, the time is right. Currently, the orthopedic industry, like most healthcare fields, is recovering from the effects of the initial shutdowns associated with the COVID-19 pandemic. Meaning, due to health concerns early in 2020, many patients who may have needed care opted to wait due to safety concerns, which, in many cases, may have exacerbated their conditions.

What’s Trending

But back on track now, the orthopedic industry is seeing technological advances carried over from this year, like image-guided robotic surgery and innovative surgical and orthopedic devices. The field continues to advance in sports medicine — looking at new ways to improve athletic performance and safety. Plus, there continues to be growth in the emerging field of orthobiologics. Considered a part of regenerative medicine, orthobiologics refers to the use of natural biologics found in your body to help treat musculoskeletal muscle and bone issues.

Orthobiologic Growth in 2022

The global orthobiologics market is forecast to reach a value of $8.7 billion by 2027. Contributing factors to that number are driven by the rise in the geriatric population and lifestyle changes, coupled with the growth of sports and outdoor activities among both the older and younger generations.

First, let’s look at the major factor in the growth of the orthobiologic market. Based on information from the Centers for Disease Control and Prevention (CDC), an estimated 55 million adults here in the U.S. have been diagnosed with arthritis, which is about one in every four people. As the baby boomer generation grows, that number will climb. According to the U.S. Census Bureau, the senior population is projected to reach 77 million by 2034. Medical professionals will need to treat these patients. Thus, the high prevalence of chronic arthritis is expected to propel growth of the global orthobiologics market in the coming years, as physicians look for surgical alternatives.

Not only is this generation active and living longer, but they are also well-informed and carry high expectations when it comes to their care. The orthopedic industry, along with most medical fields, is seeing patients who have researched and are well-versed on possible treatment options and demand quality care.

That demand is fueling a shift in the orthopedic industry as well as other medical specialties. Patients, tired of having high insurance premiums, being denied coverage, and battling mounds of paperwork, are welcoming cash transactions in healthcare. This is why, according to The Business Research Company, the concierge medicine market size is expected to reach $1.93 trillion in 2025.

Usher in 2022 With QC Kinetix

 

These trends are indicative of the growing market and prove how lucrative the opportunity is for you to start an orthopedic business in the new year. If you’re looking for the ideal next step to be part of shaping the future of medicine, QC Kinetix gives you the benefits of business ownership with the safety of a proven franchise model and the use of our highly respected name. We position you for success, and understand you want further information; these medical franchise frequently asked questions may help guide you. Plus, we are always available to help you through your ownership process.

At QC Kinetix, we are in the business of helping our patients enjoy a higher quality of life by treating musculoskeletal pain and injuries with natural treatment options that prolong or eliminate the need for surgical intervention. Our patients receive an effective alternative to traditional treatments for musculoskeletal conditions with customized regenerative medicine therapies.

As a franchise owner, you and your staff will utilize highly researched, leading-edge equipment, and we will keep you up to date regarding FDA regulations and the latest techniques. Regenerative medicine is the next great frontier in medical treatment, and we are leading the charge at QC Kinetix.

We model the growing trends of providing quality care to your patients, spending ample time with them to explain diagnosis and treatment options, in a concierge medical practice, eliminating the red tape of insurance companies.

The orthopedic industry is seeing solid growth potential with innovations designed to provide better treatment for patients. Among those trends is the field of regenerative medicine, and QC Kinetix is a franchise leader. If you are interested in providing high-quality patient care in a lucrative field as a business owner, let’s get started on your QC Kinetix location in 2022.

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Joint & Bone Health Quickstart Program

QC Kinetix Joint & Bone Health supplements help your body to repair and renew injured joint tissues, including cartilage, ligaments, and tendons, while reducing inflammation of the bursae. Unlike steroids or pharmaceuticals, our supplements for joints work with your body to promote healing.

Supplements can boost your overall joint health as part of a general fitness program. However, they are particularly valuable for treating damaged or inflamed and painful joints. The Arthritis Foundation finds that joint health supplements show promise for relieving pain, stiffness, and other symptoms of arthritis.

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