Bone Growth Stimulators Market size to exceed $1.2 Bn by 2025

Bone Growth Stimulators Market size is set to exceed USD 1.2 billion by 2025; according to a new research study published by Global Market Insights, Inc.
 

Increasing cases of injuries and trauma leading to fracture across the world are major growth augmenting factors for bone growth stimulators market growth. Also, cases of road accidents, sports injuries and violence are leading to fracture, thereby propelling market growth. Such factors will boost the market demand in the future.

 

Request Sample Buy NowInquiry Before Buying

 

Bone growth stimulators market size was valued at around USD 861.1 million in the year 2018. Bone growth stimulators were introduced with an aim to provide a solution for treatment of delayed union and non-union of bones. The reasons for delayed union or a non-union of bone may include old age, arthritis, osteoporosis, diabetes or other such medical conditions. Bone growth stimulators are recommended by medical professionals as a solution for above mentioned fracture cases. The mechanism of bone growth stimulators includes encouraging body receptors to enhance the healing response.
 

Bone Growth Stimulators Market

Get more details on this report - Request Free Sample PDF
 

Product recalls associated with bone growth stimulators are major reasons hindering the adoption rates in various countries around the world. Also, complex reimbursement policies associated with bone growth stimulators might hamper the market growth in certain emerging economies.
 

Browse key industry insights spread across 200 pages with 354 market data tables & 8 figures & charts from the report, Bone Growth Stimulators Market Size By Product (Bone Growth Stimulation Devices {External Bone Growth Stimulators [Combined Magnetic Field Devices, Capacitive Coupling Devices, Pulsed Electromagnetic Field Devices], Implanted Bone Growth Stimulators, Ultrasonic Bone Growth Stimulators}, Bone Morphogenetic Proteins, Platelet-Rich Plasma), By End-use (Hospitals, Ambulatory Surgical Centers), By Application (Spinal Fusion Surgeries, Delayed Union & Non-union Bone Fractures, Oral And Maxillofacial Surgeries), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Spain, Italy, China, India, Japan, Australia, Singapore, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2019 – 2025  in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/bone-growth-stimulators-market
 

Platelet-rich plasma will grow at 4.4% over the forecast period. This growth is attributed to lower adverse effects associated with platelet-rich plasma. Also, platelets-rich plasma offers high safety and no risk of allergies. Hence, the above-mentioned reasons will augment the growth of platelet-rich plasma over the estimation period.
 

Bone growth stimulators have application in hospitals, ambulatory surgical centers, and clinics. Hospitals have the highest demand for bone growth stimulators due to greater budget and higher ability to cater to large number of patients suffering from fractures. The bone growth stimulators market share from ambulatory surgical centers will grow at a promising rate owing to rising preference of patients towards ambulatory surgical centers and overall increase in the number of such establishments during the forthcoming years.
 

The spinal fusion surgeries segment is expected to grow with the highest CAGR of 6.0%. This growth is attributed to rising cases of spinal cord injuries. Growing incidence of spinal stenosis and herniated disc are also responsible for rising demand for spinal fusion surgeries in various countries. With old age, bone density lowers and weakened bones are vulnerable to fractures due to excessive loss of bone mass. Also, rising sports injuries and road accidents will also lead to segmental growth.
 

The U.S. bone growth stimulators market size is the largest in the world and projected to expand at a CAGR of 5.9% over the forecast period. During the forecast timeframe, it will continue to expand at a stable growth rate and lead the industry at a global level. Rising prevalence of osteoporosis in the country, availability of skilled professionals, high adoption rate of advanced technology, presence of highly developed healthcare infrastructure and presence of dominant market players in the country will foster regional growth in foreseeable years. High healthcare expenditure, increasing geriatric population, and rising venture capital investments by manufacturing firms should drive the U.S. bone growth stimulators market during the projection years.
 

Some of the key industry players operating in the global bone growth stimulators market share are Medtronic, Stryker, DePuy Synthes Companies, Arthrex, Inc., Bioventus LLC, TERUMO, Orthofix International N.V, Zimmer Biomet Holdings Inc., Synergy Orthopedics. The industry participants emphasize on acquisitions and mergers, geographical expansion and novel product developments to strengthen their position in the market and gain competitive advantage over its peers.
 

Inquiry Before BuyingRequest Sample
 

Bone growth stimulators market share research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million and units from 2014 to 2025, for the following segments:

Bone Growth Stimulators Market by Product

  • Bone Growth Stimulation Devices
    • External Bone Growth Stimulators
      • Combined Magnetic Field (CMF) Devices
      • Capacitive Coupling (CC) Devices
      • Pulsed Electromagnetic Field (PEMF) Devices
  • Implanted Bone Growth Stimulators
  • Ultrasonic Bone Growth Stimulators

Bone Growth Stimulators Market by Application

  • Spinal Fusion Surgeries
  • Delayed Union & Nonunion Bone Fractures
  • Oral and Maxillofacial Surgeries
  • Others

Bone Growth Stimulators Market by End-use

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

The above information is provided for the following regions/countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Singapore
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

Chat With Us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info. I Agree