Bone Growth Stimulators market size is estimated to be worth US$ 1046.2 million in 2021 and is forecast to a readjusted size of US$ 1353.3 million by 2028 with a CAGR of 3.7% - Valuates reports

Due to the COVID-19 pandemic, the global Bone Growth Stimulators market size is estimated to be worth US$ 1046.2 million in 2021 and is forecast to a readjusted size of US$ 1353.3 million by 2028 with a CAGR of 3.7% during the forecast period 2022-2028.

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Fully considering the economic change by this health crisis, the Europe Bone Growth Stimulators market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bone Growth Stimulators landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Bone Growth Stimulators
Bone growth stimulators are used in cases of delay or failure of fracture healing as they enhance the bone-healing process without the sensation of electrical shocks or currents or vibrations when worn by the user. An internal bone growth stimulator or invasive bone growth stimulator is implanted on the fusion site of the bone and it delivers small electrical currents. The internal bone growth stimulator is removed from the body after 6-12 months. External bone growth stimulator or non-invasive bone growth stimulators are portable devices worn externally and do not require surgical implantation. An external bone growth stimulator is prescribed for use for two to nine hours every day for around three to nine months.

Bone Growth Stimulators Market Insights
Economic factors such as improvement in service sector, increase in personal income and increase in per capita healthcare expenditure are expected to drive market growth globally. However, various factors such as availability of alternative therapies, uncertainty about efficacy, device-related issues and competition from bone grafts restraint growth of the bone growth stimulators market.

This report focuses on Bone Growth Stimulators volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bone Growth Stimulators market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.

Segment By Type
➣Devices
➣Bone Grafts
➣BMP
➣PRP

Segment By Application
➣Hospitals and Clinics
➣Home-Care
➣Academic and Research Institutions
➣CROs

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