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Global Bone Growth Stimulator Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | Arthrex Inc., DJO Global Inc., Stryker Corporation, Bioventus Inc., Zimmer Biomet Holdings Inc., Medtronic plc
Bone Growth Stimulator Market Report
As per the bone growth stimulators market report by The Business Research Company, the rising number of bone fractures is expected to significantly drive the growth of the bone growth stimulators market. A person's bones typically weaken with age, dietary habitat, and other chronic disorders. The overuse or repetitive motions can tire muscles and put more pressure on the bones, leading to bone fracture.
The global bone growth stimulator market size grew from $1.37 billion in 2022 to $1.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The bone growth stimulator market size is expected to grow to $2.04 billion in 2027 at a CAGR of 8.5%.
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Major competitors in the bone growth stimulators market include Arthrex Inc., DJO Global Inc., Stryker Corporation, Bioventus Inc., Zimmer Biomet Holdings Inc., Medtronic plc, Orthofix Holdings Inc., Depuy Synthes, Terumo BCT Inc., Isto Biologics, Johnson & Johnson, Ossatec Benelux BV, Elizur Corporation, ITO Co. Ltd., BTT Health GmbH, Stimulate Health, Kinex Medical Company LLC, Fintek Bio-Electric Inc., Regen Lab SA and Altis Biologics (Pty) Ltd.
The bone growth stimulators market is segmented -
•By Type: Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP) Therapy
•By Type Of Use: Implantable Device, External Device
•By Application: Fractures, Spinal Fusion, Osteogenesis, Arthrodesis Treatment, Spondylolithesis
•By End User: Hospitals & ASCs, Speciality Clinics, Home Care
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the bone growth stimulators market.
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The bone growth stimulator is an electrical osteogenesis stimulator used to boost the natural fusion of bone after a fracture. The purpose of BGS is to send more energy to the healing bone surface through either pulsed electromagnetic or ultrasound. The electromagnetic field allows attracting the two oppositely charged ends of the bones to each other by stimulating new bone growth and fusion, which leads to healing. The bone growth stimulator is used to boost bone healing for difficult to heal fractures or fusions through applying ultrasonic or electrical current to the fracture/fusion site.
The Table Of Content For The Bone Growth Stimulator Market Include:
1. Market Executive Summary
2. Bone Growth Stimulator Market Characteristics
3. Bone Growth Stimulator Market Trends And Strategies
4. Bone Growth Stimulator - Macro Economic Scenario
5. Bone Growth Stimulator Market Size And Growth
……
26. Africa Bone Growth Stimulator Market
27. Bone Growth Stimulator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bone Growth Stimulator Market
29. Bone Growth Stimulator Market Future Outlook and Potential Analysis
30. Appendix
The "Global Bone Growth Stimulator Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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