The bone growth stimulators market is predicted to be worth US$ 2.1 billion in 2023, rising to US$ 5.4 billion by 2033. Throughout the projected period, sales of bone growth stimulators are expected to expand at a substantial CAGR of 10.1%.
Minimally invasive (MI) procedures are becoming more popular due to fewer operative complications, shorter hospitalisation, reduced postoperative care, smaller and more cosmetic incisions, and a lower risk of infection.
Furthermore, rising sports-related orthopaedic injuries among individuals as a result of poor training practises, insufficient warm-up and stretching, and a lack of conditioning are driving market growth.
Several countries' governments are heavily investing in medical equipment and devices. This, combined with the global burgeoning healthcare industry, is providing lucrative growth opportunities for industry players.
The growing awareness of the benefits of bone growth stimulators for spinal fusion and bone healing among physicians, surgeons, and patients is positively influencing the market.
The increasing prevalence of arthritis, diabetes, and other medical conditions such as obesity, vascular disease, and renal disorders is fuelling market growth.
Competitive Landscape
Manufacturers are on a verge to evolve business models to increase their global presence
The market for bone growth stimulators is highly consolidated and dominated by global players. With the increasing prevalence of orthopaedic diseases and technological advancements, a small number of small to mid-sized companies are entering the market. Medtronic plc, Johnson and Johnson (Depuy Synthes), Bioventus LLC, Orthofix International N.V., Zimmer Biomet, and Stryker Corporation are among the market's key players. Furthermore, as product availability increases, global players' expansion strategies are proving beneficial to the emerging market.
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Bone Growth Stimulators Market by Category
Product Type:
- Non-Invasive Bone Growth Stimulators
- Capacitive Coupling (CC) Devices
- Pulsed Electromagnetic Field (PEMF) Devices
- Combined Magnetic Field (CMF) Devices
- Ultrasound Bone Growth Stimulators
- Invasive Bone Growth Stimulators
Application:
- Trauma Injury and Fractures
- Spinal Fusion
- Osteogenesis
End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Homecare settings
The global External Bone Growth Stimulators market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.This report focuses on External Bone Growth Stimulators volume and value at global level, regional level and company level.
From a global perspective, this report represents overall External Bone Growth Stimulators market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.Key Benefits for External Bone Growth StimulatorsMarket:This study includes the global External Bone Growth Stimulatorsmarket analysis, trends, and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and global External Bone Growth Stimulatorsmarket opportunity.The global External Bone Growth Stimulatorsmarket size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the External Bone Growth Stimulatorsindustry.Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-external-bone-growth-stimulators-2019-241The following manufacturers are covered:Orthofix International N.V. (U.S.)Medtronic plc (Ireland)Zimmer Biomet Holdings, Inc. (U.S.)DJO Finance LLC (U.S.)Bioventus LLC (U.S.)Stryker Corporation (U.S.)DePuy Synthes (U.S.)Arthrex, Inc. (U.S.)Isto Biologics (U.S.)Harvest Technologies Corporation (U.S.)Segment by RegionsNorth AmericaEuropeChinaJapanSegment by TypeCombined Magnetic Field (CMF) DevicesCapacitive Coupling (CC) DevicesPulsed Electromagnetic Field (PEMF) DevicesSegment by ApplicationSpinal Fusion SurgeriesDelayed Union & Nonunion Bone FracturesOral and Maxillofacial SurgeriesOthersResearch objectivesTo study and analyze the global External Bone Growth Stimulatorsconsumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of External Bone Growth Stimulatorsmarket by identifying its various subsegments.Focuses on the key global External Bone Growth Stimulatorsmanufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the External Bone Growth Stimulatorswith respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of External Bone Growth Stimulatorssubmarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC at https://www.24marketreports.com/life-sciences/global-external-bone-growth-stimulators-2019-241CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
Osteoporosis and osteoarthritis are among the common disabling joint disorders that are affecting millions of elderly people across the world.
The cause of delayed bone healing and fractures is not known, however, it is creating a large economic impact on the market of bone growth stimulators.Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-828Various alternative therapies and treatments for fractures, which include synthetic bone grafts, amputation, and allografts, as well as non-invasive therapies, such as electrical bone growth stimulation and low-intensity ultrasound stimulations, have been introduced, which are responsible for driving the global bone growth stimulators market.
According to the World Bank, around 1.25 million people get injured in road accidents, which leads to fractures and the requirement of fusion surgeries for their treatment every year.
These are some of the prime factors that are expected to drive the global Bone growth stimulators market over the forecast period 2019-2029.Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-828The North America bone growth stimulators market and Europe bone growth stimulators market combined are expected to hold a share of approximately 65% of the global bone growth stimulators market during the forecast period.
Non-invasive bone growth stimulators are also segmented into various other sub-segments such as Capacitive Coupling (CC) devices, Pulsed Electromagnetic Field (PEMF) devices, Combined Magnetic Field (CMF) devices, and ultrasound bone growth stimulators.
Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-828Based on applications, the bone growth stimulators market has been segmented into trauma injury & fractures, spinal fusion surgeries, and osteogenesis.
The External Bone Growth Stimulators Market report published by Market.us is an extensive anthology of the essential strand of the External Bone Growth Stimulators market, assessed thoroughly by our team of the inquisitor.
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