Univdatos Whatsapp

Global Bone Growth Stimulator Market is expected to foresee significant growth. North America to lead the growth!

Global bone growth stimulator market is expected to register a CAGR of approx. 5% over the period of 2022-2028. A bone growth stimulator delivers painless electrical or ultrasound stimulation to promote bone growth and speed up bone healing. Several orthopedic surgeons recommend this device for patients who have smoked in the past. Additionally, they advise using this device if there is poor blood flow and open wounds, fracture patterns, or bones do not heal properly. The device is also recommended for spinal or cervical fusion surgery.  The global bone growth stimulator market is rising due to the growing number of trauma, accident cases, and bone fractures across the globe.  For instance, according to studies in 2020, One of the factors causing bone fractures is Road Traffic Accidents (RTAs), which are the first leading cause of death among people aged 15-29 years. In 2019, the global number of new cases of fracture was estimated to be 178 million (95%), an increase of 33·4% since 1990. Owing to these glaring statistics road accidents and trauma are likely to result in several severe spinal injuries which increases the demand for bone growth stimulators and is anticipated to grow in the forthcoming years mainly. Moreover, the surge in patient awareness regarding bone growth stimulators, and procedural benefits provided by bone growth stimulation devices in bone fracture treatment and orthopedic diseases are fueling the demand for the bone growth stimulator market. Furthermore, the rise in technological advancements in bone growth stimulators, and the increase in adoption rate for bone growth stimulators by both patients and prescribers are expected to drive the market for bone growth stimulator market in the coming years.

For a detailed analysis of the Global Bone Growth Stimulator Market browse throughhttps://univdatos.com/report/bone-growth-stimulator-market/

Based on the products, the bone growth stimulator market is segmented into bone growth stimulation devices, bone morphogenetic proteins, and platelet-rich plasma. The bone growth stimulation devices segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe owing to the rise in the geriatric population, and the increase in the incidence of spinal deformities.

Based on the application, the market is fragmented into spinal fusion surgeries, delayed union and non-union bone fractures, oral and maxillofacial surgeries, and others. The spinal fusion surgeries segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the rise in technological advancements in spinal surgery, rise in incidences of spinal disorders, and adoption rate of minimally invasive spinal surgeries.

Based on the end-users, the market is fragmented into hospitals and clinics, home care, and others. The hospital segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to increasing admission of patients suffering from traumatic injuries, road accidents, spinal injuries, and fractures.

Request for Sample of the report browse through – https://univdatos.com/get-a-free-sample-form-php/?product_id=28011

For a better understanding of the market adoption of bone growth stimulator market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the bone growth stimulator industry to the high prevalence of osteoporosis or vertebral fractures, rise in the number of bone and joint problems, the large presence of medical device companies, and well-developed healthcare infrastructure.

Some of the major players operating in the market include Orthofix Medical Inc., DJO Finance, LLC, Zimmer Biomet Holdings Inc, Bioventus Inc, Medtronic PLC, Isto Biologics, Ember Therapeutics Inc, Ossatec Benelux Ltd., Elizur Corporation, Kinex Medical Company LLC.

Global Bone Growth Stimulator Market Segmentation

Market Insight, by Products

  • Bone Growth Stimulation Devices
  • Bone Morphogenetic Proteins
  • Platelet-rich Plasma

Market Insight, by Application

  • Spinal fusion surgeries
  • Delayed union & non-union bone fractures
  • Oral and maxillofacial surgeries
  • Others

Market Insight, by End-Users

  • Hospitals and clinics
  • Home care
  • Others

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Australia
    • Japan
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Orthofix Medical, Inc.
  • DJO Finance, LLC
  • Zimmer Biomet Holdings Inc
  • Bioventus Inc
  • Medtronic PLC
  • Isto Biologics
  • Ember Therapeutics Inc
  • Ossatec Benelux Ltd.
  • Elizur Corporation
  • Kinex Medical Company, LLC

Leave A Comment

Select Language