Bone Growth Stimulator Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2030
Growing patient preference for non-invasive and minimally invasive surgical treatments is a key factor driving bone growth stimulator market revenue growth
VANCOUVER, BRITISH COLUMBIA, CANADA, November 7, 2022 /EINPresswire.com/ -- Emergen Research’s latest market research report focuses on the global Bone Growth Stimulator market, and the report provides in-depth analysis of each of its major segments. Reports about the global Bone Growth Stimulator market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors.
A Bone Growth Stimulator is a piece of durable medical equipment that is the sole non-surgical and least invasive treatment option. When bones are healing or growing, a weak electric field is produced. A Bone Growth Stimulator (BGS) speeds up bone healing by applying extra energy to the surface of the bone that is mending via pulsed electromagnetic or ultrasonic waves. The battery and cables of internal BGS devices must be removed from the body during a second surgery. They are pricy and installed at the time of surgery.
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Rising number of sports and accident-related orthopedic injuries is another factor expected to drive market revenue growth. Different technologies, sizes, and configurations are available for bone stimulators. Electrical and ultrasonic bone stimulators are the most frequently utilized bone stimulators in orthopedics. The majority of contemporary bone stimulators are worn for a period of time each day that can last minutes or hours and are often attached close to the site of the fracture or fusion with a small battery pack. These are used extensively in sports and accident-related injuries to help accelerate healing.
Some Key Highlights From the Report
• The bone growth stimulation devices segment accounted for the largest revenue share in 2021. Magnetic coils that absorb pulsed electrical current are used in bone growth stimulation devices such as pulsed electromagnetic field generators. The endogenous electric streaming potential caused by bone strain is comparable to the magnetic flux the bone feels as a result. These devices work by increasing important cytokines including TGF-b and BMP. For the device to function effectively, the patient must use it regularly and with high compliance. Fortunately, the LCD panel allows the doctor to monitor and record patient usage. Capacitive coupling devices are another example of such devices, which are positioned on the skin across a bone healing site with two surface electrodes placed across from one another.
Target Audience of the Global Bone Growth Stimulator Market Report:
• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers
Major Geographies Analyzed in the Report:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Leading manufacturers profiled in the report:
Orthofix US LLC, Stryker, Medical Device Business Services, Inc., Bioventus, Medtronic, DJO, LLC, Zimmer Biomet, Arthrex, Inc., Terumo Corporation, Ossatec Benelux BV.Market
Emergen Research has segmented the global bone growth stimulator market on the basis of product, application, end-use, and region:
• Product Outlook (Revenue, USD Billion; 2019-2030)
o Bone Growth Stimulation Devices
o Bone Morphogenetic Proteins
o Platelet-rich Plasma
• Application Outlook (Revenue, USD Billion; 2019-2030)
o Spinal Fusion Surgeries
o Delayed Union & Non-Union Bone Fractures
o Oral & Maxillofacial Surgeries
o Other Applications
• End-Use Outlook (Revenue, USD Billion; 2019-2030)
o Hospitals & ASCs
o Home Care Settings
o Academic & Research Institutes
For further details on this report, visit @ https://www.emergenresearch.com/industry-report/bone-growth-stimulator-market
Additional information offered by the report:
• Along with a complete overview of the global Bone Growth Stimulator market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Bone Growth Stimulator market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.
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