Bone Growth Stimulator Market

1
Bone Growth Stimulator Market
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Bone Growth Stimulator Market Global Scenario,
Market Size, Outlook, Trend, and Forecast, 2019
2028

• The global bone growth stimulators market is
  expected to reach at US 2.1 billion by 2028,
  registering a CAGR of 5.3 from 2021 to 2028.
  Bone growth stimulator devices are the medical
  devices that boost the fracture healing process
  that fail to heal. They raise the natural speed
  of healing by giving electric shocks to patients.
  A bone stimulator delivers ultrasonic or pulsed
  electromagnetic waves to the fracture site to
  stimulate healing. Some bone growth stimulators
  available in the market include bone growth
  stimulation devices, bone morphogenetic proteins,
  and platelet-rich plasma. There are three types
  of bone growth stimulation devices, which include
  pulsed electromagnetic field devices, capacitive
  coupling devices, and combined magnetic field
  devices.

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Bone Growth Stimulator Market Dynamics

• The demand of minimal invasive procedures has
  seen a significant rise over traditional
  treatment procedures due to its advantages which
  include low operative complications, less
  hospitalization period, less pain, smaller and
  more cosmetic incisions, lower infection risk,
  and quick recovery. Medical reimbursement is the
  major factor which affects the adoption and
  demand of specific diagnostic or therapeutic
  products between patients and healthcare
  providers in a country. Growing economies like
  China, India, Brazil, and Mexico are expected to
  offer significant growth opportunities in bone
  growth stimulators market. Factor includes
  presence of large patient population, increasing
  healthcare cost, government initiatives for
  supporting healthcare industry, and growing
  awareness among doctors and patients about modern
  treatment options for spinal fusion and bone
  healing which is expected to boost the demand for
  bone growth stimulation products in these
  countries. Moreover, patients from developed
  countries are expected to travel to these growing
  markets to undergo medical treatment. The
  increasing use of Bone Morphogenetic proteins
  (BMP) in spinal fusion and bone healing have
  associated side effects such as tissue swelling,
  male infertility, and implant dislodgement.
  During bone healing, BMPs are reported to cause
  antigenic reactions and stimulation of oncogenes.
• North America dominates the bone growth
  stimulator market due to dominance of vertebral
  fractures in this region. Europe is the
  second-largest region in terms of growth in bone
  growth stimulator market due to high demand for
  innovative therapies for chronic diseases and the
  local presence of leading medical device
  manufacturers. Asia-Pacific presents productive
  opportunities to the key players due to
  increasing road accidents, patient awareness, and
  the rise in number of hospitals with advanced
  medical facilities, and RD development.

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• The bone growth stimulators market is segmented
  into product, application, distribution channel,
  and region. By product, it is categorized into
  bone growth stimulation devices, bone
  morphogenetic proteins, and platelet-rich plasma.
  Depending on application, it is categorized into
  spinal fusion surgeries, delayed union
  non-union bone fractures, oral maxillofacial
  surgeries, and others. By distribution channel,
  it is divided into hospitals clinics, home
  care, and others. Region wise, it is analyzed
  over North America (the U.S., Canada, and
  Mexico), Europe (Germany, France, the UK, Italy,
  Spain, and rest of Europe), Asia-Pacific (Japan,
  China, Australia, India, South Korea, and rest of
  Asia-Pacific), and LAMEA (Brazil, South Africa,
  Saudi Arabia, and rest of LAMEA).
• The prominent players operating in the global
  bone growth stimulator market include Orthofix
  Medical, Inc. (US), DJO Finance, LLC (US), Zimmer
  Biomet (US), Bioventus LLC (US), Medtronic plc
  (Ireland), Stryker (US), DePuy Synthes (US),
  Arthrex, Inc. (US), Isto Biologics (US), Terumo
  Corporation (Japan), Ember Therapeutics, Inc.
  (US), Ossatec Benelux Ltd. (Netherlands), Altis
  Biologics (Pty) Ltd. (South Africa), Regen Lab SA
  (Switzerland), ITO Co., Ltd. (Japan), Elizur
  Corporation (US), BTT Health GmbH (Germany),
  Stimulate Health Inc. (Canada), VQ OrthoCare
  (US), Kinex Medical Company, LLC (US), Fintek
  Bio-Electric Inc. (Canada), Biomedical Tissue
  Technologies Pty Ltd. (Germany), T-Biotechnology
  (Turkey), DrPRP America LLC (US), Ivy Sports
  Medicine, LLC (US), Glofinn Oy (Finland), and
  REMI GROUP (India) among others.

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Global Bone Growth Stimulator Market Segmentation

• The bone growth stimulators market is segmented
  into product, application, distribution channel,
  and region.
• By Product
• Bone Growth Stimulation Devices
• Bone Morphogenetic Proteins
• Platelet-Rich Plasma
• By Application
• Spinal Fusion Surgeries
• Delayed Union Non-union Bone Fractures
• Oral Maxillofacial Surgeries
• Others
• By Distribution Channel
• Hospitals Clinics
• Home Care
• Others

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• By Region
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
  

• Asia-Pacific
• Japan
• China
• Australia
• India
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

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The prominent key players  key players involved
in the Global Bone Growth Simulator

• Orthofix Medical Inc
• DJO Finance LLC
• Zimmer Biomet
• Bioventus LLC
• Medtronic plc
• Stryker
• DePuy Synthes
• Arthex Inc
• IstoBiologics
• Terumo Corporation
• Ember Therapeutics

• Ossatec Benelux Ltd
• Altis Biologics (Pty) Ltd
• Regen Lab SA
• ITO Co Ltd
• Elizur Corporation
• BTT Health GmbH
• Stimulate Health Inc
• VQ Orthocare
• Kinex Medical Company
• Fintek Bio-Electric Inc.
• Biomedical Tissue Technologies. Pty Ltd

• T-Biotechnology
• DrPRP America LLC
• Ivy Sports Medicine LLC
• Glofinn Oy
• REMI GROUP.

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