Technology Evolution on Bone Growth Stimulators Market

The Global Bone Growth Stimulators Market is likely to gain traction from recent advancements in tissue regeneration and healing. According to a report by Fortune Business Insights, titled “Bone Growth Stimulators Market Size, Share and Global Trend By Product Type (Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Derived Growth Factor (PDGF)), By Application (Spinal Fusion, Maxillofacial & Dental, Non-union and Union Bone Fractures), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Home Care), and Geography Forecast till 2026,” the market was valued at US$ 1,837.2 Mn in 2018. Fortune Business Insights further states that this market will be valued at US$ 2,624.8 Mn by the end of 2026, thereby exhibiting a CAGR of 4.6%.

The report covers:

• Global Bone Growth Stimulators Market trends, with detailed analysis on consumer trends & manufacturer trends.
• Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
• Key areas of investments identifying market opportunities and challenges in forecast timeframe.
• Competitive analysis of the industry players along with the overview on strategic management.
• Comprehensive company profiles of the major industry players.

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Leading Players operating in the Bone Growth Stimulators Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

• Zimmer Biomet
• Stryker
• Medtronic
• Wright Medical Group N.V.
• Orthofix Holdings, Inc.
• Prospec-Tany Technogene Ltd.
• Elizur Corporation
• Bioventus Ossatec
• Benelux BV
• IGEA S.p.a.

Long Awaited FDA Approval for Orthfix’s PhysioStim Has Encouraged Market Competitors

In 2018, Orthofix announced that it has received FDA and CE mark approvals for its PhysioStim bone growth stimulators. PhysioStim offered tissue regeneration and recombining without the need to undergo surgical procedures. The FDA approval for PhysioStim and other such products have encouraged other market players to come up with their own products and improve existing methods. Such drug approvals have a positive impact on the global bone growth stimulators market and is likely to favour growth of this market in the forecast period.

Conventional bone growth stimulators were mostly manufactured using patented drugs. Most of the stimulators were manufactured with the help of very few drug options. But in recent years, newer drugs have been approved for manufacturing and study of bone growth stimulators.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/bone-growth-stimulators-market-100161

Electrical and Magnetic Field Concept to Boost Operation of Bone Growth Stimulators
The combined magnetic field (mf) concept was hugely beneficial for spinal fusion. Magnetic Field (MF) is used for pre-processing of osteogenesis, where-in tissue regeneration and growth is initiated. Electrical bone growth stimulation is used in patients with bone healing problems. They supplement tissue regeneration which stimulate the spinal fusion and bone growth. Electrical bone growth stimulators play a major part in spinal fusion among patients who possess a higher grade of disorders or in serious cases. Thus, the drawbacks of normal spinal fusion are overcome by electrical and magnetic bone growth stimulators. The benefits of these concepts have a positive impact on the global bone growth stimulators market and is likely to drive the market in the forthcoming years.

Key Segmentation of Bone Growth Stimulators Market:
By Product Type
• Bone Growth Stimulation Devices
 Electrical Bone Growth Stimulators
 Capacitive Coupling (CC) Devices
 Combined Magnetic Field Devices (CMF)
 Pulsed Electromagnetic Field Devices (PEMF)
 Implantable Bone Growth Stimulators
 Ultrasonic Bone Growth Stimulators
• Bone Morphogenetic Proteins (BMP)
• Platelet-Derived Growth Factor (PDGF)
By Application
• Spinal Fusion
• Maxillofacial & Dental
• Nonunion and Union Bone Fractures
By End User
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
• Home Care
By Geography
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Report Focus:

• Extensive product offerings
• Customer research services
• Robust research methodology
• Comprehensive reports
• Latest technological developments
• Value chain analysis
• Potential Bone Growth Stimulators Market opportunities
• Growth dynamics
• Quality assurance
• Post-sales support
• Regular report updates

Reasons to Purchase this Report:

• Comprehensive analysis of the Bone Growth Stimulators Market growth drivers, obstacles, opportunities, and other related challenges.
• Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
• Identifies market restraints and boosters.
• Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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