Press release
Electronic Bone Growth Stimulators (BGS) Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027
A novel research report on global Electronic Bone Growth Stimulators (BGS) market has been recently published by Reports and Data to offer a comprehensive assessment of the market combined with current trends in the industry. The report has been generated with rigorous research and is verified by experts and professionals in the industry. The data is curated and represented using various charts, tables, graphs to make the user and investor understand the market scenario. The report also gives insight on the recent market trends, market size, market revenue growth, drivers, constraints, opportunities, and challenges considering the current COVID-19 situation. It also sheds light on various segments like type, application and regional analysis supporting market dynamics along with top companies.Leading companies operating in the market and profiled in the report include:
• Zimmer Biomet
• Ossatec
• Exogen
• Bioventus
• Orthofix International
• Djo Global
• Medtronic
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Market Dynamics:
The pharma & healthcare sectors has been rapidly growing over the last few decades. Technological advancements in healthcare sector, emergence of various diseases, COVID-19 outbreak are key factors boosting global market revenue growth. Growing need to develop new drugs and medical devices to cater to emerging diseases, high investments in research and development activities, and improvements in healthcare infrastructure and facilities is expected to fuel global market growth over the forecast period. In addition, adoption of AI in various healthcare application, funding from various private and public organizations to boost research activities in pharmaceutical and biotechnology sector and vaccine production during the current pandemic situation is also expected to boost market growth.
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Competitive Landscape:
Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.
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Global Electronic Bone Growth Stimulators (BGS) Market Segmentation:
Type Outlook:
By Type (Revenue, USD Million; Volume in Tons, 2017–2027)
• Bone Growth Stimulation Devices
• Bone Morphogenetic Proteins (BMP)
• Platelet-Rich Plasma (PRP)
By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)
• Neurological Surgeries
• Oral Surgeries
• Non-unison Fractures
The global Electronic Bone Growth Stimulators (BGS) market is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Regional Outlook:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
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