Global Bone Growth Stimulators Market Research Report 2022

Bone growth stimulators are used in cases of delay or failure of fracture healing as they enhance the bone-healing process without the sensation of electrical shocks or currents or vibrations when worn by the user. An internal bone growth stimulator or invasive bone growth stimulator is implanted on the fusion site of the bone and it delivers small electrical currents. The internal bone growth stimulator is removed from the body after 6–12 months. External bone growth stimulator or non-invasive bone growth stimulators are portable devices worn externally and do not require surgical implantation. An external bone growth stimulator is prescribed for use for two to nine hours every day for around three to nine months.
Due to the COVID-19 pandemic, the global Bone Growth Stimulators market size is estimated to be worth US$ 1046.2 million in 2021 and is forecast to a readjusted size of US$ 1353.3 million by 2028 with a CAGR of 3.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bone Growth Stimulators market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bone Growth Stimulators landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Economic factors such as improvement in service sector, increase in personal income and increase in per capita healthcare expenditure are expected to drive market growth globally. However, various factors such as availability of alternative therapies, uncertainty about efficacy, device-related issues and competition from bone grafts restraint growth of the bone growth stimulators market.
This report focuses on Bone Growth Stimulators volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bone Growth Stimulators market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Bone Growth Stimulators Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Devices
Bone Grafts
BMP
PRP
Segment by Application
Hospitals and Clinics
Home-Care
Academic and Research Institutions
CROs
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bioventus
DJO Global
Medtronic
Orthofix International
Stryker
Zimmer Biomet

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