Bone Growth Stimulators Market 2021 – 2025 | Business Scenario and Development Insight
Category: #healthcare  By Ronak Bora  Date: 2021-03-31
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Bone Growth Stimulators Market 2021 – 2025 | Business Scenario and Development Insight

The U.S. bone growth stimulators market is anticipated to expand at a commendable CAGR of 5.9 per cent over the estimated span. The U.S. is characterized by the high adoption rate of advanced technology, availability of skilled medical professionals, and the surging prevalence of osteoporosis.

A notable surge in nonsurgical treatment options to boost bone growth for spinal patients is likely to fuel bone growth stimulators market share. Prominently, use of bone growth stimulator for use in both the lumbar spine and cervical has boosted fusion results.

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With a rise in number of trauma and an upsurge in bone-related disorders, including arthritis and osteoporosis, stakeholders are expected to infuse funds in bone growth stimulators market. According to the International Osteoporosis Foundation, osteoporosis is responsible for more than 8 million fractures every year.

External bone growth stimulators provide a non-invasive solution to delayed non-union and union bones. The market is driven by the presence of platelet-rich plasma and the zero risk of allergies.

Leading companies are spurring technological advancements to boost the role of bone growth stimulators in spinal fusion surgeries. Further, a surge in number of fractures owing to sports injuries, road accidents and other aspects will fuel the use of bone growth stimulators for spinal fusion surgeries.

Introduced as a non-invasive solution to derail the union and non-union of bones, stakeholders have upped their investments in external growth stimulator products. Further, zero risk of allergies linked with platelet-rich plasma will bolster the adoption of external growth stimulator. External bone growth stimulators market share was pegged at over 40% in 2018 and is likely to witness an upswing in the next five years.

External bone growth stimulators are expected to gain ground as a ruse in spine fusion surgery has augured well for the bone growth stimulators market expansion. It is pertinent to mention that external electrical stimulators have gained traction in recent years for they are powered by a battery and are lightweight.

Some of the leading companies such as Synergy Orthopedics, Bioventus LLC, Orthofix International N.V., Medtronics and expected to boost their value chain and focus on product differentiation.

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Partial Chapter of the Table of Content

Chapter 4.  Bone Growth Stimulators Market, By Product

4.1. Key segment trends

4.2. Bone growth stimulation devices

4.2.1.  Market size, by region, 2014 – 2025 (USD Million & Units)

4.2.2.  External bone growth stimulators

4.2.2.1.  Market size, by region, 2014 – 2025 (USD Million & Units)

4.2.2.2.    Combined Magnetic Field (CMF) Devices

4.2.2.2.1. Market size, by region, 2014 – 2015 (USD Million & Units)

4.2.2.3.  Capacitive Coupling (CC) Devices

4.2.2.3.1. Market size, by region, 2014 – 2015 (USD Million & Units)

4.2.2.4.  Pulsed Electromagnetic Field (PEMF) Devices

4.2.2.4.1. Market size, by region, 2014 – 2015 (USD Million & Units)

4.3. Bone morphogenetic proteins (BMP)

4.3.1.  Market size, by region, 2014 – 2025 (USD Million)

4.4. Bone morphogenetic proteins (BMP)

4.4.1.  Market size, by region, 2014 – 2025 (USD Million)

Chapter 5.  Bone Growth Stimulators Market, By Application

5.1. Key segment trends

5.2. Spinal fusion surgeries

5.2.1.  Market size, by region, 2014 – 2025 (USD Million)

5.3. Delayed union & nonunion bone fractures

5.3.1.  Market size, by region, 2014 – 2025 (USD Million)

5.4. Oral and maxillofacial surgeries

5.4.1.  Market size, by region, 2014 – 2025 (USD Million)

5.5. Others

5.5.1.  Market size, by region, 2014 – 2025 (USD Million)

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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