Bone Growth Stimulators Market : The Spinal Fusion Surgeries Segment is Projected to Remain Dominant throughout 2020-2030

According to a new report published by Allied Market Research, titled, "Bone Growth Stimulators Market," The bone growth stimulators market size was valued at $2.0 billion in 2020, and is estimated to reach $3.3 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/A06065

Bone growth stimulators, also referred to as osteogenesis stimulators, facilitate the natural healing process of bones by providing pain-free ultrasound or electrical stimulation. These stimulators operate by emitting either a low-level pulsed electromagnetic field or pulsed ultrasonic energy. Utilizing minimally invasive bone growth stimulators incurs lower costs compared to traditional surgical treatments for bone injuries. Within the bone growth stimulators industry, various products are available, including bone growth stimulation devices, bone morphogenetic proteins, and platelet-rich plasma.

The analysis of the bone growth stimulators market is expected to witness substantial growth during the forecast period due to several factors. These include an increase in the incidence of fractures and accidents, a growing geriatric population, a rising preference for minimally invasive and non-invasive surgical procedures among patients, a surge in demand for platelet-rich plasma and bone morphogenetic proteins, the availability of cost-effective bone growth stimulation devices, and heightened patient awareness regarding bone growth stimulators.

Additionally, the rising prevalence of conditions such as arthritis, diabetes, obesity, vascular disease, and renal disorders, along with the procedural advantages offered by bone growth stimulation devices in the treatment of bone fractures and orthopedic diseases, further propel market growth. Moreover, the escalating demand for bone growth stimulators augments the growth of the bone growth stimulators industry.

However, the growth of the market may face obstacles due to stringent approval processes and limited medical reimbursement policies for bone stimulation products.

𝑫𝒐 𝑷𝒖𝒓𝒄𝒉𝒂𝒔𝒆 𝑬𝒏𝒒𝒖𝒊𝒓𝒚 - https://www.alliedmarketresearch.com/purchase-enquiry/6430

The Bone Growth Stimulators market is segmented based on product, application, distribution channel, and region.

In terms of product, the bone growth stimulation devices segment emerged as the major revenue contributor in 2020 and is anticipated to witness significant growth in the forecast period. Factors such as the increasing demand for these devices, a growing geriatric population, a rise in spinal deformities, technological advancements, developments in bone growth stimulation devices, and an increase in bone and joint problems drive market growth.

Regarding application, the spinal fusion surgeries segment dominated the market share in 2020. This can be attributed to the increasing incidences of spinal disorders, the adoption of minimally invasive spinal surgeries, technological advancements in spinal surgery, a rise in obesity and degenerative spinal conditions, and patient preference for spinal fusion surgery procedures worldwide.

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 https://www.alliedmarketresearch.com/bone-growth-stimulators-market-A06065

𝑶𝒕𝒉𝒆𝒓 𝑻𝒓𝒆𝒏𝒅𝒊𝒏𝒈 𝑹𝒆𝒑𝒐𝒓𝒕𝒔 𝒊𝒏 𝑳𝒊𝒇𝒆 𝑺𝒄𝒊𝒆𝒏𝒄𝒆 𝑫𝒐𝒎𝒂𝒊𝒏
𝑼𝒓𝒊𝒏𝒂𝒓𝒚 𝑫𝒓𝒂𝒊𝒏𝒂𝒈𝒆 𝑩𝒂𝒈𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 https://www.alliedmarketresearch.com/urinary-drainage-bags-market-A17529

𝑰𝒏𝒕𝒓𝒂𝒑𝒂𝒓𝒕𝒖𝒎 𝑴𝒐𝒏𝒊𝒕𝒐𝒓𝒊𝒏𝒈 𝑫𝒆𝒗𝒊𝒄𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 https://www.alliedmarketresearch.com/intrapartum-monitoring-devices-market-A10998

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com

Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.