Bone Growth Stimulator Market By 2025 | With Stryker, Arthrex, Bioventus, Orthofix, Zimmer Biomet, DJO, Medtronic, DePuy Synthes Companies, Ember Therapeutics, Regen Lab SA (Switzerland), Isto Biologics (Formerly Arteriocyte)
The global bone growth stimulator market accounted to USD 1.01 billion and growing at a CAGR of 5.7% during forecast period.
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Forecasting Regional and Global Analysis on Bone Growth Stimulator Market By Product (Device, Boner Morphogenetic Protein, PRP), Application (Spinal Fusion, Delay Union & Non-union Bone Fracture, Oral-maxillofacial), End User (Hospitals, Home Care, Academia, CROs) And Geography.
Some of the major players of the bone growth stimulator market are
· Orthofix Holdings, Inc
· DJO Finance LLC
· Zimmer Biomet
· Ossatec Benelux BV
· IGEA S.p.A.
· Arthrex, Inc.
· DePuySynthes Companies
Others: elizur corporation, Isto Biologics, Ember Therapeutics, Altis Biologics, Regen Lab, SA., Verve Consulting, Smith & Nephew Plc., Harvest Technologies Corporation and Aetna, Inc. among others. The global bone growth stimulator market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes bone growth stimulator market shares for global, Europe, North America, Asia Pacific, and South America.
· Bone growth stimulator is a type of therapy which is utilized as a part of instances of delay or failure of fracture healing as they upgrade the bone-healing process without the vibe of electrical currents or vibrations when worn by the client in faster way.
· Bone development stimulators gadgets work by discharging either a low-level pulsed ultrasonic vitality or beat electromagnetic field as it helps in repairing the damaged tissues and cell formation.
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Market Segmentation: Global Bone Growth Stimulator Market
· On the basis of product, global bone growth stimulator market is segmented into
o Boner Morphogenetic Protein
o Platelet Rich Plasma (PRP)
· In 2016, the devices segment accounted the largest market share due to increase in rising population and non-surgical treatment methods.
· On the basis of application, global bone growth stimulator market is segmented into
o Spinal Fusion
o Delay Union & Non-Union Bone Fracture
· In 2016, spinal fusion segment has accounted the largest market share due to the continuous use of bone growth stimulator products and rise in aging population.
· On the basis of end user, global bone growth stimulator market is segmented into
Hospital segment is expected to witness the highest CAGR in the forecast period 2017-2024.
Major Market Drivers and Restraints:
· Rising preference towards non-invasive methods
· Growing investment opportunities
· Increasing number of patients related to bone related problems
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