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Global Electronic Bone Growth Stimulator Market Revenue, Opportunity, Segment and Key Trends 2018-2024

04-04-2019 08:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

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Electronic Bone Growth Stimulator Market

Electronic Bone Growth Stimulator Market

The report on Electronic Bone Growth Stimulator Market by type (bone growth stimulation devices, bone morphogenetic proteins (BMP) and platelet-rich plasma (PRP)), application (neurological surgeries, oral surgeries and non-unison fractures) trends analysis and forecasts up to 2024 studies the market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. The growth in the world market is primarily driven by a significant contribution by North America (Leading region) region to this market. According to the report the global electronic bone growth stimulator market is projected to grow at a CAGR of 4.18% over the forecast period of 2018-2024.

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Electronic Bone Growth Stimulator Market: Industry Insights

Electrical bone growth stimulators are an electronic device used as a supplemental form of therapy. Electrical bone growth stimulators help to enhance the body’s bone healing process. Bone growth stimulators widely used in the treatment of ankle fusion, delayed union and nonunion after fracture, and spinal fusion. A result of bone growth stimulating is an enhanced osteogenic environment and increased vascularity.

Electronic Bone Growth Stimulator Market: Drivers and Restraints

Increase in the number of orthopedic injuries is the major driving factor for the growth of electronic bone growth stimulator market. Orthopedic issues usually involve degenerative conditions, spinal deformity, spinal deformity, musculoskeletal oncology, and trauma that are commonly happened by road traffic crashes, conflict, and disaster. According to global health education consortium, an international society for orthopedic education and care in developing countries, the World Orthopedic Concern (WOC) is dedicated to improving the standard of orthopedic and reconstructive surgery in all developing countries. However, high treatment cost of surgeries may hamper the growth of electronic bone growth stimulator market.

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Electronic Bone Growth Stimulator Market: Segmentation

The global electronic bone growth stimulator market categorized into segments such as type and application. On the basis of type the global electronic bone growth stimulator market is segmented into bone growth stimulation devices, bone morphogenetic proteins (BMP) and platelet-rich plasma (PRP). Among these type, bone morphogenetic proteins (BMP) are multi-functional growth factors that play an important role in a process during maintenance as well as the formation of several organs such as muscle, bone, blood vessels, and kidney. On the basis of application, the global electronic bone growth stimulator market is categorized into neurological surgeries, oral surgeries, and non-unison fractures. Among these applications, neurological surgery is a medical specialty that is concerned with the diagnosis, prevention, as well as rehabilitation of disorders.

Electronic Bone Growth Stimulator Market: Regional Insights

Among the geographies, North America accounts for the largest market share. The increasing prevalence of osteoporosis, growing investments in healthcare services, a rise in aging population and diseases caused owing to a sedentary lifestyle drives the growth of electronic bone growth stimulator market in the region. Moreover, the presence of major medical devices manufacturers and continuous innovation in the medical devices and new product launches fuels the growth of electronic bone growth stimulator market in the North America region. According to the American Academy of Orthopedic Surgeons fractures caused by osteoporosis most often occur in the spine. These spinal fractures are called vertebral compression fractures that occur in nearly 700,000 patients each year. Europe is one of the fastest growing regions in the Bone Growth Stimulator market owing to the development of medical technologies. In addition, Asia Pacific regions are also expected to gain a rapid development in the electronic bone growth stimulator market.

Read Detailed Index of full Research Study at https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-electronic-bone-growth-stimulator-market

Electronic Bone Growth Stimulator Market: Competitive Analysis

The prominent players in the global electronic bone growth stimulator market are Zimmer Biomet, Ossatec, Exogen, Bioventus LLC, Orthofix International, DJO Global, Medtronic, Stryker, Terumo BCT and Arthex, Inc.

NEWS:

In March 2018 Orthofix won FDA approval in the US and CE Mark approval in the European Union for its next-gen PhysioStim bone growth stimulator devices. Orthofix is a global medical device company based in the U.S. Orthofix develops, manufactures and distributes products and regenerative tissue forms to help restore the quality of life for patients in need of reconstructive and regenerative orthopedic and spine solutions.

Reasons to Buy this Report:

• Comprehensive analysis of global as well as regional markets of the Electronic Bone Growth Stimulator.

• Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

• Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

• Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

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