A detailed analysis of the Global Bone Growth Stimulator Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Bone Growth Stimulator Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.

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Market Overview:

The global Bone Growth Stimulator market size was USD 1,241.8 Million in 2020 and is expected to register a CAGR of 5.5% during the forecast period. Bone growth stimulator has come up as the treatment of choice to stimulate natural healing process of bone through passing low-level pulses of electromagnetic energy to the site of injury or fusion. In order to avoid the need for painful ortho-surgical procedures and assist bone healing, preventive & therapeutic bone growth stimulation technologies have been developed over time.

The market is driven by several factors that includes advantages provided by bone growth stimulation techniques over conventional methods, Increasing incidences of target diseases/condition, rising demand for minimally invasive surgeries and advancement in bone growth stimulation technologies. For instance, in June 2017, announced a clinical trial study for the company’s bone growth stimulator.  In January 2017, Orthofix received FDA approval and CE Mark Approval for sales of its Bone Growth Stimulators in the regions.

Key Players covered in this report are

Orthofix International N.V., Medtronic plc, Zimmer Biomet Holdings, Inc., Harvest Technologies Corporation, DJO Finance LLC, Isto Biologics, Arthrex, Inc., Bioventus LLC, DePuy Synthes, and Stryker Corporation.

Type Outlook (Revenue, USD Million, 2018 - 2028)

• Bone Growth Stimulation Devices
  • External Bone Growth Stimulators
    • Combined Magnetic Field (CMF) Devices
    • Capacitive Coupling (CC) Devices
    • Pulsed Electromagnetic Field (PEMF) Devices
  • Implanted Bone Growth Stimulators
  • Ultrasonic Bone Growth Stimulators
• Bone Morphogenetic Proteins (BMP)
• Platelet-rich Plasma (PRP)            

Application Outlook (Revenue, USD Million, 2018 - 2028)

• Spinal Fusion Surgeries
• Delayed Union & Nonunion Bone Fractures
• Oral and Maxillofacial Surgeries
• Others

End User Outlook (Revenue, USD Million, 2018 - 2028)

• Hospitals and Clinics
• Home Care Settings
• Academic Institutes & Research Centers
• Others

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Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Major Points covered in this report are as below:

• An analysis of Bone Growth Stimulator industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.

• In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.

• In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.

• This report provides information on the market status of Bone Growth Stimulator manufacturers and provides valuable insight into the market for companies and individuals.

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