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Bone Growth Stimulators Global Market Propelled by Developments in Non-invasive Devices

05-16-2017 02:07 PM CET | Health & Medicine

Press release from: Market Research Reports Search Engine - MRRSE

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Market Research Reports Search Engine (MRRSE) has added a new report to its compilation of the latest data on the healthcare industry. The report, titled “Bone Growth Stimulators Market: Global Industry Analysis and Opportunity Assessment, 2015-2025,” covers all vital aspects of the market in terms of their contribution to its revenue stream. This includes understanding the various factors of growth, restraint, and major upcoming opportunities that the market is signaling at.

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The report states that one of the greater growth drivers in the global bone growth stimulators market is the introduction of improved non-invasive devices. Typically, the global bone growth stimulators market has been dominated by the conventional internal bone growth stimulator devices that were highly invasive. They hold the advantage of being completely compatible to all humans, but are highly expensive in the long run.

On the other hand, non-invasive bone growth stimulators are relatively much cheaper, increasing their levels of preference. However, non-invasive are not fully compatible all patients, keeping their growth rates still restricted for the time being.

Other growth factors that add to the growth rate of the global bone growth stimulators market include the advancements in technology, allowing for a faster growth rate. Additionally, there is a recorded increase in the amount of disposable income and insurance coverage by patients, allowing a more fluid progress rate in the global bone growth stimulators market.
The report divides the global bone growth stimulators market on the basis of products, end users, applications, and geography.

Based on product, the global bone growth stimulators market is dominated by non-invasive bone growth stimulators, owing to advancements in capacitive coupling devices, pulsed and ultrasound magnetic fields devices, and combined magnetic field devices.

Based on applications, this market is being led by the segment of trauma injuries and fractures, which is also expected to remain the fastest-growing segment for the given forecast period.

Based on end-user segments, the largest share in the global bone growth stimulators market is occupied by the segment of hospitals, although it is expected to show a slow rate of growth. On the other hand, home care and orthopedic clinics segments are expected to show the fastest growth rates.
In terms of geography, the global bone growth stimulators market has been consistently dominated by North America, owing to a high demand and a higher awareness level in the region. It is followed by Europe, which owes its sizeable market share to its wide network of public healthcare systems. The fastest growth rate is expected to be shown by the MEA due to a high population density, coupled with growing healthcare expenditure in terms of the national budgets.

Browse Full Report with TOC :http://www.mrrse.com/bone-growth-stimulators-market

The key players in the global bone growth stimulators market, as discussed in the report, include IGEA S.p.A., DJO LLC, Verve Consulting Inc., Ossatec Benelux BV, Bioventus LLC., Elizur, and Zimmer Biomet Holdings Inc.

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