Bone Growth Stimulators Market Valued at $1.94 Billion by 2030

Bone Growth Stimulators Market Valued at $1.94 Billion by 2030

Bone Growth StimulatorsMarket2023-2030 Meticulous Research , a leading market research company, has published a new report titled Bone Growth Stimulators Market by Product (Stimulation Device [External, Ultrasonic, Implantable], Bone Morphogenetic Proteins, Platelet-Rich Plasma), Application (Spinal Fusion, Fracture, Oral Surgeries), End User (Hospital, ASC) - Global Forecast to 2030. Download Free Sample Report: https://www.meticulousresearch.com/download- samplereport/cp_id=3530?utm_source=pdf&utm_medium=social&utm_campaign=product& utm_content=31- 05-2024 According to the report, the global bone growth stimulators market is projected to reach $1.94 billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. The market's growth is primarily driven by the increasing preference for minimally invasive treatments, rising incidences of bone fractures and spinal injuries, a growing geriatric population leading to more orthopedic conditions, and a surge in sports injuries. Additionally, the expanding number of hospitals and surgical centers, broader use of platelet-rich plasma (PRP), and growth in emerging economies present significant opportunities for market expansion. Market Segmentation: By Product: Bone Growth Stimulation Devices:External Bone Growth Stimulators (Capacitive Coupling Devices, Combined Magnetic Field Devices, Pulsed Electromagnetic Field Devices), Ultrasonic Bone Growth Stimulators,Implantable Bone Growth Stimulators,Bone Morphogenetic Proteins,Platelet-Rich Plasma. By Application:Spinal Fusion Surgeries, Union & Non-union Bone Fractures,Oral and Maxillofacial Surgeries, Other Applications By End User:Hospitals & Specialized Clinics, Ambulatory Surgery Centers (ASC), Other End Users Geography: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa Key Findings: Product Insights: In 2023, the bone growth stimulation devices segment is expected to dominate the market, driven by increasing bone fracture cases, demand for cost-effective and less painful treatments, and a preference for non-invasive surgical procedures. Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

Bone Growth StimulatorsMarket2023-2030 Browse in Depth: https://www.meticulousresearch.com/product/bone-growthstimulator-market- 3530?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_content= 31-05-2024 Application Insights: The delayed union & non-union bone fractures segment is projected to register the highest CAGR during the forecast period. This growth is linked to the rising incidence of bone fractures in the geriatric population and conditions such as osteoporosis, which leads to significant healthcare expenditures. End User Insights: The hospitals and specialized clinics segment are anticipated to hold the largest market share in 2023. This is due to the widespread availability of hospitals, increasing patient visits, and a growing number of medical professionals. Geographical Insights: North America is expected to lead the market in 2023, attributed to high healthcare expenditure, a growing elderly population, technological advancements, and the early adoption of innovative healthcare products. Market Drivers: The bone growth stimulators market's expansion is supported by (Minimally Invasive Treatments: Increasing patient preference for treatments that reduce recovery time and pain), Orthopedic Conditions (Rising incidences of bone fractures, spinal injuries, and sports injuries),Geriatric Population (An aging population leads to more cases of orthopedic diseases), Healthcare Infrastructure (Growth in the number of hospitals and surgical centers, especially in emerging economies), Technological Advancements (Enhanced efficacy of bone growth stimulators through innovative technologies) Opportunities: Emerging markets, increased application of PRP in various treatments, and the growing healthcare infrastructure present significant growth opportunities for market players. Key Players: Key companies operating in the bone growth stimulators market are Orthofix Medical Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Medtronic, plc (Ireland), Stryker Corporation (U.S.), Johnson & Johnson Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

Bone Growth StimulatorsMarket2023-2030 Private Limited (U.S.), DJO, LLC (U.S.), Bioventus LLC (U.S.), OssaTechnics BV (Germany), Arthrex GmbH (U.S.), Smith & Nephew plc (U.K.), and ITO CO., Ltd. (Japan). Buy Now: https://www.meticulousresearch.com/Checkout/73200843?utm_source=pdf&utm_medi um=social&utm_campaign=product&utm_content=31-05-2024 About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com