The Global Bone Growth Stimulators market was valued at USD 1.26 billion in 2021

The Global Bone Growth Stimulators market was valued at USD 1.26 billion in 2021, growing at a CAGR of 5.34% during the forecast period from 2022 to 2027 to reach USD 1.73 billion by 2027. The Bone Growth Stimulators market is witnessing positive market growth owing to the factors such as the prevalence of degenerative bone-related disorders, increasing cases of accidents and traumatic cases such as road crashes, sports injuries, and others, the growing burden of the geriatric population who are susceptible to developing various bone degenerative disorders, and the accumulative focus on developing technologically advanced devices with respect to Bone Growth Stimulators among others.

Bone Growth Stimulators Market Companies
Some of the key market players operating in the Bone Growth Stimulators market include Zimmer Biomet, Orthofix Medical Inc., DJO, LLC, Bioventus, ITO Co., Ltd., BTT Health GmbH, Stimulate Health, Kinex Medical Company, LLC, Fintek Bio-Electric Inc., Regen Lab SA, Arthrex, Inc., Altis Biologics (Pty) Ltd, TERUMO BCT, INC., Medtronic, DePuy Synthes (Johnson & Johnson), T-Biotechnology, Dr PRP USA LLC, Ossatec Benelux BV, and others.

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Bone Growth Stimulators Overview
A bone stimulator is a device that generates an electric current used to promote bone growth. It uses ultrasonic or pulsed electromagnetic waves. Bone stimulators are either external or surgically implanted into the area of the affected bone.

Recent Developmental Activities in the Bone Growth Stimulators Market:
• On February 23, 2020, Orthofix announced the approval by the FDA, of an updated version of its bone growth stimulator app, STIM onTrack.
• On March 7, 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.
• Key Takeaways from the Bone Growth Stimulators Market Report Study
• Market size analysis for current Bone Growth Stimulators market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Bone Growth Stimulators market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the global Bone Growth Stimulators market.
• Various opportunities available for the other competitor in the Bone Growth Stimulators market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current Bone Growth Stimulators market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Bone Growth Stimulators market growth in the coming future?

Bone Growth Stimulators Market Dynamics
The Bone Growth Stimulators market is witnessing a growth in product demand owing to various reasons, one of the key factors being the rising prevalence of various degenerative bone disorders such as Osteoporosis, Osteoarthritis. As per the International Osteoporosis Foundation (2021), over 8.9 million fractures related to osteoporosis occur annually worldwide. It further stated that about one in five men and one in three women over the age of 50 are susceptible to suffering from a fracture due to weak bones. The osteoporotic bones become less dense, become weak, and are more prone to fractures. Therefore, the rising global prevalence of degenerative bone diseases such as osteoporosis would lead to an increasing number of bone fractures of the musculoskeletal system, which in turn would increase the demand for Bone Growth Stimulators.

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COVID-19 Impact in the Bone Growth Stimulators Market
The outbreak of the pandemic led to the cancellation of outpatient visits and the suspension of non-emergency hospitals and procedures. This resulted in the reduced number of routine clinical examinations and orthopedic procedures. However, vaccine development of COVID-19 has initiated the process of economic recovery with the easing of lockdown restrictions and the return of normalcy in the economic landscape which has initiated the process of resumption of regular healthcare services such as outpatient's visits, thereby bringing the demand for products on track in the Bone Growth Stimulators market. However, limited medical reimbursements and the high cost of procedures may be certain limiting factors of the Bone Growth Stimulators market growth.

Bone Growth Stimulators Market Segment Analysis
Bone Growth Stimulators Market By Product (Bone Growth Stimulation Devices [Non-invasive Bone Growth Stimulators {Combined Magnetic Field (CMF) Devices, Capacitive Coupling (CC) Devices, Pulsed Electromagnetic Field (PEMF) Devices, Ultrasonic Bone Growth Stimulators}, Invasive Bone Growth Stimulators], Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP)), By Application (Spinal Fusion Surgeries, Delayed Union & Nonunion Bone Fractures, Oral & Maxillofacial Surgeries, Others), By End-User (Hospitals, Home Care, Others), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World).

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Scope of the Bone Growth Stimulators Market
• Coverage- Global
• Study Period- 2019-2027
• Bone Growth Stimulators Companies- Zimmer Biomet, Orthofix Medical Inc., DJO, LLC, Bioventus, ITO Co., Ltd., BTT Health GmbH, Stimulate Health, Kinex Medical Company, LLC, Fintek Bio-Electric Inc., Regen Lab SA, Arthrex, Inc., Altis Biologics (Pty) Ltd, TERUMO BCT, INC., Medtronic, DePuy Synthes (Johnson & Johnson), T-Biotechnology, Dr PRP USA LLC, Ossatec Benelux BV, and others.
• Bone Growth Stimulators Market Key Factors Analysis
• Bone Growth Stimulators Market Porter's Five Forces Analysis
• Bone Growth Stimulators Market Company and Product Profiles

Table of Content
1. Bone Growth Stimulators Market Report Introduction
2. Bone Growth Stimulators Market Executive Summary
3. Regulatory Analysis
4. Bone Growth Stimulators Market Key Factors Analysis
5. Bone Growth Stimulators Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Bone Growth Stimulators Market
7. Bone Growth Stimulators Market Layout
8. Bone Growth Stimulators Market Global Company Share Analysis - Key 3-5 Companies
9. Bone Growth Stimulators Market Company and Product Profiles
10. KOL Views
11. Project Approach
12. About DelveInsight
13. Disclaimer & Contact Us

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