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The global bone growth stimulator market is expected to reach USD 1.4 billion by 2025.
Escalating demand for noninvasive and minimally invasive treatments is a major factor estimated to boost market growth during the forecast period. Some advantages offered by minimally invasive surgeries are smaller incisions, low risk of infections, speedy recovery, shorter stay at the hospital, reduced scarring, and minimal blood loss during surgery. Thus, there is high adoption of Bone Morphogenetic Proteins (BMP) and Platelet-rich Plasma (PRP) for minimally invasive spinal and orthopedic surgeries, which is expected to boost market growth.
Rising number of trauma and accident cases is another major factor projected to support growth of the bone growth stimulator market. According to WHO, around 20 to 50 million people are injured every year due to road accidents. Road accidents and trauma are likely to result in severe spinal injuries as well as delayed union or nonunion of bone fractures, which is projected to drive demand for bone growth stimulators.
Some of the major players are Orthofix Holdings, Inc.; Medtronic; Zimmer Biomet; DJO Global, Inc; Bioventus; Stryker; DePuy Synthes Companies; Arthrex, Inc.; Isto Biologics; and Terumo BCT, Inc.
Key Topics Covered:
Chapter 1 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Bone Growth Stimulator Market Variables, Trends & Scope
Chapter 4 Bone Growth Stimulator Market: Product Estimates & Trend Analysis
Chapter 5 Bone Growth Stimulator Market: Application Estimates & Trend Analysis
Chapter 6 Bone Growth Stimulator Market: End Use Estimates & Trend Analysis
Chapter 7 Bone Growth Stimulator Market: Regional Estimates & Trend Analysis, by Product, Application, End Use
Chapter 8 Competitive Landscape
- Orthofix Holdings, Inc.
- Zimmer Biomet
- DePuy Synthes
- Arthrex, Inc.
- DJO Global, Inc.
- Isto Biologics
- Terumo BCT, Inc.
More details can be found here.