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Bone Growth Stimulator Global Market to reach USD 1.75 billion by 2026

03-25-2020 11:43 AM CET | Health & Medicine

Press release from: Analytical Research Cognizance

Analytical Research Cognizance

Analytical Research Cognizance

Global Bone Growth Stimulator Market is valued approximately at USD 1.14 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2019-2026.

Bone growth stimulator is a type of device which stimulates the natural healing of bone by transferring low-level pulses of electromagnetic energy to injury or fusion site. For the healing purpose, these devices use several techniques such as stimulations or ultrasounds. Bone growth stimulator is helpful after a multi-level fusion process or for patients who have specific comorbidities, such as diabetes or smoking habit. It also helps in the production of new cell and works on all fractures. It is increasingly used for the healing of long bones such as tibia and in procedures such as spinal fusions, that are complex to heal. Rising patient preference for non-invasive and minimally invasive surgical treatments, surging incidences of osteoarthritis & hip fractures, along with growing technological advancements are the few factors responsible for high CAGR of the market over the forecast period. For instance, Credible reports has revealed that around 1.6 million hip fractures occur around the world in each year and is expected to rise to between 4.5 million and 6.3 million by 2050.

Request a sample of Bone Growth Stimulator Market report @ https://www.arcognizance.com/enquiry-sample/877511

Moreover, growing obese and diabetic population along with the procedural advantages offered by bone stimulation devices in treatment of bone fracture is another factor which influencing the growth of market in the upcoming years. However, limited availability of medical reimbursement for bone stimulation products along with side effects associated with orthopedic treatment are the few factor anticipated to restraining the growth of global Bone Growth Stimulator market during the forecast period.

The regional analysis of global Bone Growth Stimulator Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the improved reimbursement policies, improving healthcare infrastructure, and increasing incidences of obesity and fractures in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing aging population and rising incidences of bone fractures & spinal fusion surgical procedures would fuel-up the adoption of bone growth stimulator in the Asia-Pacific region.

Major market player included in this report are:
Orthofix International N.V.
DJO Finance LLC
Zimmer Biomet Holdings, Inc.
Bioventus LLC
Medtronic PLC
Stryker Corporation
Arthrex, Inc.
Isto Biologics
Harvest Technologies (A Terumo BCT Company)
Depuy Synthes (A Subsidiary of Johnson & Johnson)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Bone Growth Stimulation Devices
Bone Morphogenetic Proteins
Platelet-Rich Plasma

By Application:
Spinal Fusion Surgeries
Delayed Union & Non-union Bone Fractures
Oral and Maxillofacial Surgeries
Others

By End-User:
Hospitals and Clinics
Home Care
Academic & Research Institutes

Access this report Bone Growth Stimulator Market @ https://www.arcognizance.com/report/global-bone-growth-stimulator-market-size-study-by-product-bone-growth-stimulation-devices-bone-morphogenetic-proteins-platelet-rich-plasma-by-application-by-end-user-and-regional-forecasts-2019-2026

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026

Target Audience of the Global Bone Growth Stimulator Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Buy this Report @ https://www.arcognizance.com/purchase/877511?license=single

Table of Content
Chapter One: Executive Summary
Chapter Two: Global Bone Growth Stimulator Market Definition and Scope
Chapter Three: Global Bone Growth Stimulator Market Dynamics
Chapter Four: Global Bone Growth Stimulator Industry Analysis
Chapter Five: Global Bone Growth Stimulator Market, by Product & Services
Chapter Six: Global Bone Growth Stimulator Market, by Application
Chapter Seven: Global Bone Growth Stimulator Market, by End-User
Chapter Eight: Global Bone Growth Stimulator Market, Regional Analysis
Chapter Nine: Competitive Intelligence
Chapter Ten: Research Process

Other Trending Report:
Global Network Analytics Market Size study and Forecasts 2019-2026 @ https://www.marketwatch.com/press-release/network-analytics-market-size-share-trends-growth-global-industry-perspective-and-forecast-to-2026-2020-03-24

Contact Us:
Ranjeet Dengale
Director Sales
Analytical Research Cognizance
Office no, 201, 2nd Floor, Jachak Chambers,
Pimple Saudagar, Pune - 411027, Maharashtra, India
+1 (646) 403-4695, +91 90967 44448
sales@arcognizance.com

About us:
Analytical Research Cognizance (ARC) is a trusted hub for research reports that critically renders accurate and statistical data for your business growth. Our extensive database of examined market reports places us amongst the best industry report firms. Our professionally equipped team further strengthens ARC's potential. ARC works with the mission of creating a platform where marketers can have access to informative, latest and well researched reports. To achieve this aim our experts tactically scrutinize every report that comes under their eye.

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