Press release
Bone Growth Stimulator Market expected to reach USD 1,397.6 million by 2022 - A new report from Meticulous Research™
Global Bone Growth Stimulator Market Size, by Geography, 2017- 2022
“The bone growth stimulator market is driven by growing geriatric population with the prevalence of orthopaedic issues and rising preference for stimulation treatments. Moreover, emerging economies such as Latin America, Asia, and Africa provides significant opportunities in this market,” mentions Meticulous Research™.
The report also states that, on the basis of application, spinal fusion surgeries share the largest bone growth stimulator market due to “rising number of spine procedures with increasing risk of orthopedic problems; increasing bone related injuries by growing number of road accidents, trauma and sport activities; and rising adoption of bone growth stimulation products due to decreasing normal bone healing process with increase in the age”.
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North America (mainly U.S and Canada) currently have the largest share of the bone growth stimulator market, “due to remarkably advanced healthcare industry with higher healthcare spending and adoption of innovative science & technology; increasing prevalence & incidence of orthopedic diseases such as osteoarthritis, chronic back & neck pain, rheumatoid arthritis, and others with expanding proportion of elderly population; and availability of research funding.”
The key players in this market are Orthofix International N.V., DJO Global, Inc., Zimmer Biomet Holdings, Inc., Medtronic, plc, Johnson & Johnson, Stryker Corporation, Bioventus Inc., Arthrex, Inc., ISTO Biologics, Ossatec Benelux Ltd., Regen Lab SA, ITO CO., Ltd., Altis Biologics (Pty) Ltd, and Harvest Technologies Corporation.
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Scope of the report
Market by Product
• Bone Growth Stimulation Devices
• External Bone Growth Stimulator
Pulsed Electromagnetic Field Devices
Capacitive Coupling Devices
Combined Magnetic Field Devices
• Implanted Bone Growth Stimulators
• Ultrasonic Bone Growth Stimulators
• Bone Morphogenetic Proteins
• Platelet Rich Plasma
Market by Application
• Spinal Fusion Surgeries
• Delayed Union & Non-union Bone Fractures
• Oral and Maxillofacial Bone surgeries
• Others
Market by End User
• Hospitals & Clinics
• Academic and Research Institutes
• Contract Research Organizations
• Home Care
Browse in-depth report on http://www.meticulousresearch.com/product/bone-growth-stimulator-market-2022/
About Meticulous Research™
Meticulous Research™ is one of the leading independent full service global market research and consulting companies focusing on medical devices, biotechnology, healthcare IT, pharmaceuticals, food and beverages, and agriculture domains. Meticulous Research produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and Middle East and Africa regions.
Contact info:
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research™
Email: viren@meticulousresearch.com
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Office No-402, 4th Floor, Pushpak Business Hub, Wakad, Pune-411057
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