Press release
Bone Growth Stimulator Market is Likely to Upsurge USD 1.88 Billion by 2029
Bone growth stimulators are increasingly being used to treat delayed union and non-union after fracture, ankle fusion, and spinal fusion. There is substantial basic science, animal research, and clinical evidence to support the use of bone growth stimulation. Aging people are more prone to osteoarthritis and gouty arthritis. According to the Arthritis Foundation, over 50 million Americans suffered from arthritis in 2016, with that figure expected to rise to 78.4 million by 2040. As a result, the prevalence of arthritis is driving demand for these products.Get Full Report: https://www.databridgemarketresearch.com/reports/global-bone-growth-stimulator-market
Data Bridge Market Research analyses that the bone growth stimulator market which was USD 1.2 billion in 2021, is expected to reach USD 1.88 billion by 2029, at a CAGR of 5.8% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
The bone growth stimulator market is analyzed and market size insights and trends are provided by country, product, end-user and application as referenced above.
The countries covered in the bone growth stimulator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the bone growth stimulator market due to high prevalence of osteoporosis or vertebral fractures in this region. Companies are growing the availability of electrical bone growth stimulators that play an instrumental role post spinal fusion surgeries.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to rising number of road accidents and trauma cases in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The bone growth stimulator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bone growth stimulator market.
Some of the major players operating in the bone growth stimulator market are:
Zimmer Biomet (U.S.)
Bioventus (U.S.)
Synergy Orthopedics (U.S.)
Ito Co., Ltd. (Japan)
Boston Scientific Corporation (U.S.)
BTL (Canada)
Cyberonics, Inc. (U.S.)
DJO LLC (U.S.)
Medtronic (Ireland)
Nevro Corp (U.S.)
NeuroMetrix, Inc (U.S.)
Abbott (U.S.)
Uroplasty Inc (U.S.)
Cogentix Medical (U.S.)
Aleva Neurotherapeutics (Switzerland)
NeuroPace Inc (U.S.)
AxioBionics (U.S.)
Beurer GmbH (Germany)
Omron Healthcare, Inc (Japan)
RS Medical (Japan),
Stryker (U.S.)
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