Bone Growth Stimulators Market on the Rise Anticipating a US$ 2 Billion Milestone by 2031 | Transparency Market Research

Bone Growth Stimulators Market
The high prevalence of bone marrow transplants and bone cancers is also augmenting the demand for bone stimulators.
WILMINGTON, DELAWARE, UNITED STATES, September 8, 2023/EINPresswire.com/ -- Bone Growth Stimulators Market in terms of revenue was estimated to be worth USD 1.2 billion in 2021 and is poised to reach USD 2 billion by 2031, growing at a CAGR of 5.8 % from 2022 to 2031 according to a new report published by Transparency Market Research.The electrical or ultrasound stimulation provided by a bone growth stimulator, which is painless, encourages bone development and speeds up bone repair. For patients with a history of smoking, this device is advised by several orthopedic doctors. They also advise using this gadget when blood flow is compromised and open wounds, fracture patterns, and bones do not heal adequately. Additionally, the use of the device is advised during cervical or spinal fusion surgeries.
๐๐๐ญ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ โ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=28541
๐ฆ๐ฐ๐ผ๐ฝ๐ฒ ๐ผ๐ณ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ป๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ฆ๐๐ถ๐บ๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ โ
According to the medical industry, the patients who sustain broken bones typically will heal these fractures with appropriate treatment that may include casts, realignment and surgery. Occasionally, the bone healing is needed when people requireโฏsurgical procedures to fuse bonesโฏtogether. Hence, the bone growth stimulation includes the usage of invasive, semi-invasive or non-invasive techniques. Bone growth stimulation is used to aid in the healing process after a fracture or spinal fusion surgery. It also helps in promoting quicker healing in fractures, which take a longer duration to heal by the normal healing process. Bone stimulators are often used to treat nonunion, which are broken bones that fail to heal. The noninvasive electrical bone growth stimulator and noninvasiveโฏultrasound bone growth stimulator are benefits of Texas Medicaid for DME providers when provided in the home setting. An invasive electrical bone growth stimulator is a profit of Texas Medicaid for freestanding and hospital-based ambulatory surgical centers when provided in the outpatient setting. Electrical and ultrasonic bone growth stimulator devices are used for the treatment of orthopedic and neurosurgical conditions and area advantageous for those patients who experiences non-union of a fracture, requires an adjunct to spinal fusion surgery, or experiences congenital pseud arthrosis.
๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ โ
Zimmer Biomet
Medtronic plc
Terumo Corporation
Bioventus, Inc.
Orthofix Medical Inc.
Ossatec Benelux BV
BTT Health GmbH
Stimulate Health
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐จ๐ซ ๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ ๐๐ง๐ฒ ๐๐๐๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ โ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=28541
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ป๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ฆ๐๐ถ๐บ๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ
North America currently dominates the market for orphan drugs and is predictable to continue its monopoly for a few more years. In the north American region, the United States holds the largest market share. The hospitals segment accounted for the largest share in the overall market and is expected to maintain its dominance during the study period due to escalating number of admissions of patients suffering from traumatic injuries, road accidents, spinal injuries, and bone fractures. In addition to this rise in population, the prevalence of invasive surgeries associated with them has also risen which is responsible for the growth of the Bone Growth Stimulators market. The Asia Pacific bone growth stimulator market is projected to grow at the highest rate during the forecast period. Rising number road accidents and developing healthcare infrastructure in Asian countries, including China, India, and Indonesia, are major factors contributing to growth in this region.
๐๐ฒ๐ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bone growth stimulators market analysis from 2022 to 2031 to identify the prevailing bone growth stimulators market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porterโs five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the bone growth stimulators market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global bone growth stimulators market trends, key players, market segments, application areas, and market growth strategies.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐
The increasing dominance of bone disease drives product demand. Moreover, the rising diagnosis of conditions and fast development of technologically advanced products for effective treatment will further support market expansion. Also, the rising number of oral and maxillofacial surgeries worldwide will drive market growth. Rising efforts from various manufacturers to develop new and innovative technologically advanced products will significantly support industry growth. In addition, minimally invasive processes are increasingly preferred due to their benefits, such as reduced postoperative hospital stay, reduced surgical trauma, painless treatment, and greater affordability.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป
๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐
Devices
Bone Morphogenetic Protein
Platelet-rich Plasma (PRP)
๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
Spinal Fusion Surgeries
Delayed Union & Nonunion Bone Fractures
Oral & Maxillofacial Surgeries
Others
๐๐ป๐ฑ-๐๐๐ฒ๐ฟ
Hospitals & Clinics
Academic & Research Institutes and CROs
Home Care
๐๐ฌ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐ข๐ง ๐๐๐ฌ๐ ๐ช๐ฎ๐๐ซ๐ข๐๐ฌ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=28541
๐ข๐๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป ๐ฃ๐ฟ๐ผ๐๐ถ๐ฑ๐ฒ๐ ๐ฌ๐ผ๐ ๐๐ป๐๐๐ฒ๐ฟ ๐๐ผ ๐๐ฒ๐น๐ผ๐ ๐ ๐ฒ๐ป๐๐ถ๐ผ๐ป๐ฒ๐ฑ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
Which region has more opportunities?
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก โ
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Nikhil Sawlani
Transparency Market Research Inc.
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