Bone Growth Stimulator Market Scenario
Market Research Future (MRFR) studied the Global Bone Growth Stimulator Market 2020 through the analysis period till 2023. Across the assessment period from 2017 to 2023, the bone growth stimulator market is likely to surge at 5.86% CAGR. By 2023, the bone growth stimulator market value is anticipated at USD 1,213 Mn. Hectic schedule of professionals require quick healing, thus increase in the adoption of bone growth stimulators can boost their market in the review near future. Increase in cases of ailments, such as; orthopedic fixation and spinal fixation are reported that demand effective alleviation solutions. Bone growth stimulators can significantly aid in the treat for fresh fractures, fractures that are healing slowly, factures not healing, and fractures that offer elevated risk. Bone growth stimulators are repute to be used as supportive therapy in fracture surgeries and in the corrective osteotomy. These are other causes that are expected to support expansion of the market.
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Bone Growth Stimulator Market Segmentation
The segment evaluation of the Global Bone Growth Stimulator Market is based on Product, End user, and Application.
The products-based segments of the market are bone morphogenetic proteins, bone growth stimulation devices, and platelet-rich plasma among others. The sub-segments of the bone growth stimulation devices segment are implanted bone growth stimulators, external bone growth stimulators, and ultrasonic bone growth stimulators. External bone growth stimulators include capacitive coupling devices, pulsed electromagnetic field devices, and combined magnetic field devices. The segment of Bone Growth Stimulation Devices segment can secure the largest share of the market on the conclusion of the assessment period. Wider acceptance of innovative devices and high patient compliance offered by them over other techniques can favor surge of the segment.
The application-based segments of the market are delayed union & non-union bone fractures, spinal fusion surgeries, and oral and maxillofacial surgeries among other. The segment of spinal fusion surgeries can win high profit for the market by 2023.
The end users-based segments of the bone growth stimulator market are home care, hospitals & clinics, and academic and research institutes among others. The segment of hospitals & clinics of account for the highest share of the world bone growth stimulator market by 2023. The rise in the demand for effective home care services across developing countries can cause the market surge in the forecast period.
Bone Growth Stimulator Market Regional Analysis
In the Americas, the bone growth stimulator market can surge at decent pace due to increase in cases of orthopaedic ailments, such as; spinal damage and fractures among others. The introduction of effective therapeutic approaches and the availability of advanced treatments can favor the bone growth stimulator market in the Americans. Additionally, the surge in cases of spinal fusion procedures, and need for orthopaedic fixation among geriatric populace can favor the regional market surge. Rise in awareness and escalation of disposable income can drive the bone growth stimulator market through the review period.
In Europe, the bone growth stimulator market can win substantial profit by 2023. The expansion of EU bone growth stimulator market can expand at decent pace on the conclusion of the analysis period. The region has effective device manufacturing base that can also favour the regional market surge.
Bone Growth Stimulator Market Key players
Bioventus LLC, Arthrex, Inc., DJO Finance LLC, Depuy Synthes (A Subsidiary of Johnson & Johnson), Harvest Technologies (A Terumo BCT Company), Medtronic PLC, Isto Biologics, Orthofix International N.V., Zimmer Biomet Holdings, Inc. and Stryker Corporation are some reputed names in the global bone growth stimulator market that are recognised by MRFR.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
LIST OF TABLES
Table 1 Global Bone Growth Stimulator Market Synopsis, 2018–2023
Table 2 Global Bone Growth Stimulator Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3 Global Bone Growth Stimulator Market, By Product, 2018–2023 (USD Million)
Table 4 Global Bone Growth Stimulator Market, By Application, 2018–2023 (USD Million)
Table 5 Global Bone Growth Stimulator Market, By End User, 2018–2023 (USD Million)
Table 6 Global Bone Growth Stimulator Market, By Region, 2018–2023(USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Bone Growth Stimulator Market
Figure 3 Segmentation Market Dynamics For Global Bone Growth Stimulator Market
Figure 4 Global Bone Growth Stimulator Market Share, By Product, 2017 (%)
Figure 5 Global Bone Growth Stimulator Market Share, By Application, 2017 (%)
Figure 6 Global Bone Growth Stimulator Market Share, By End User, 2017 (%)
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