Demand For Bone Growth Stimulator Is Anticipated To Reach A Valuation Of US$ 3 Bn By 2031

The global bone growth stimulator market was valued at US$ 1.89 Billion in 2021. By 2022, the market is expected to touch a valuation of US$ 1.99 Billion, exhibiting a Y-o-Y increase of 5.3%. During the forecast period of 2022-2032, the bone growth stimulator market is anticipated to display a CAGR of 5.07% while securing a value worth US$ 3.1 Billion. The expansion of the market can be attributed to the increasing incidence of arthritis across the globe.

The report provides an in-depth analysis of the Bone Growth Stimulator market, including market size, segmentation, competitive landscape, key players, and regional analysis. It also provides an overview of the industry trends and dynamics that are impacting the market. The report also covers the key drivers and restraints of the market, as well as the opportunities and challenges faced by the industry. Additionally, it provides a comprehensive analysis of the competitive landscape and profiles of major players in the market. The report also includes a detailed analysis of the current trends in technology, regulatory framework, and product development.
Download Sample Copy of This Report :- https://www.factmr.com/connectus/sample?flag=S&rep_id=54

Bone Growth Stimulator Market Insights Segmentation

• Product

o Bone Growth Stimulation Devices
o Platelet-Rich Plasma Bone Growth Stimulators
o Bone Morphogenetic Protein Stimulators
• End User
o BGS for Hospitals & Clinics
o BGS for Home Care
o BGS for Academic & Research Institutes and CROS
o BGS for Other End Users

• Application

o BGS for Delayed Union & Nonunion Bone Fractures
o BGS for Spinal Fusion Surgeries
o BGS for Oral and Maxillofacial Surgeries
o BGS for Other Applications

Request for Customization:- https://www.factmr.com/connectus/sample?flag=RC&rep_id=54

Major Bone Growth Stimulator Provider

• Ossatec Benelux B.V.
• Elizur Corporation
• Johnson & Johnson
• Arthrex Inc.
• DJO Global Inc.
• Stryker Corporation
• Bioventus Inc.
• Zimmer Biomet Holdings Inc.
• Medtronic plc.
• Orthofix International N.V.

Increasing preference for non-invasive bone growth

is expected to drive the market during the forecast period. The non-invasive bone growth stimulators are used to treat fractures, which are not healing properly. These stimulators are used to increase the rate of healing and reduce the time taken for healing. The non-invasive bone growth stimulators are also used in cases where surgery is not an option due to medical conditions or other reasons. The increasing preference for these devices is expected to drive the market during the forecast period. North America Dominates the Market North America dominates the global bone growth stimulators market due to factors such as high healthcare expenditure, availability of advanced healthcare infrastructure, and presence of major players in this region. According to a report by Centers for Medicare & Medicaid Services (CMS), in 2018, total healthcare expenditure in the U.S. was USD 3.6 trillion, which accounted for 17.7% of its GDP. Moreover, presence of major players such as Zimmer Biomet Holdings Inc., Stryker Corporation, and Orthofix International N.V., among others is also expected to drive the market in this region during the forecast period.

Get Full Access of This Premium Report :- https://www.factmr.com/checkout/54

Why Choose Fact.MR

• One of the most established market research companies in India
• Round the clock customer support for clients across the globe
• Tailor-made reports available without additional costs
• Analysis of markets in over 150 countries
• Data collected from credible primary and secondary sources

What research methodology we use at FactMR?

FactMR offers off-the-shelf (syndicated) market research reports as well as custom market research reports which are based on client's requirements. Besides, FactMR also maintains a vast repository of upcoming or work-in-progress market research reports, which are published at a stipulated time. Based on client requirements, these upcoming reports can be expedited.

Read More Trending Reports of Fact.MR-
https://www.globenewswire.com/en/news-release/2022/09/22/2521139/0/en/Global-Softgels-Dietary-Supplements-Market-Value-to-reach-US-15-8-Billion-by-2032-General-Well-Being-remains-primary-Application-Area-Fact-MR-Forecast.html

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Us:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.