Bone growth stimulation devices Market Size, Share & Trends | Industry Report, 2018-2026

-

Increasing incidence of target diseases such as diabetes, arthritis across the globe coupled with high incidence of bone injuries is expected to stimulate market growth
Market Size – USD 1117.0 Million in 2018, Market Growth - CAGR of 5.5%, Market Trends – Product launches and research for advanced bone stimulation technologies

The Bone growth stimulator market is projected to grow at a CAGR of 5.5%, in terms of value, from USD 1117.0 Million in 2018 to reach USD 1,695.3 Million by 2026. Bone growth stimulation is emerging as a preferred method to stimulate natural healing process of bone through passing low‑level pulses of electromagnetic energy to the site of injury or fusion. It provides an alternative for painful ortho-surgical procedures and assist bone healing, for which preventive & therapeutic bone growth stimulation technologies are developed by various market players.

Request For Sample: https://www.reportsanddata.com/sample-enquiry-form/1055
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. Similarly, in January 2017, Orthofix received FDA approval and CE Mark Approval for sales of its Bone Growth Stimulators in the regions.

Further key findings from the report suggest
  • Bone growth stimulation devices market is rising at a growth rate of 5.9 percent in Asia Pacific followed by North America and Europe. High number of ortho-procedures in the region coupled with technological advancements will drive the demand for the market during forecast period across all regions.
  • Spinal Fusion Surgeries are likely to contribute to the overall growth. While revenue from delayed union & nonunion bone fractures is likely to increase from around USD 404.5 million to USD 603.0 million by 2026. The delayed union & nonunion bone fractures segment is expected to grow at a CAGR of 5.2 percent in the forecast period.
  • Asia Pacific is expected to witness a CAGR of 6.5 percent in the forecast period. Emerging markets such China and Japan are likely to witness high growth
  • The lack of well-established medical reimbursements for various bone growth stimulation procedures in various developing regions is likely to hinder the market growth
  • Key participants include 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.
To Purchase Full Bone Growth Stimulator Market Report : https://www.reportsanddata.com/checkout-form/1055
For the purpose of this report, Reports and Data has segmented the Genetic Editing market on the basis of type, application, end user and region:
  • Type Outlook (Revenue, USD Million, 2016 - 2026)
    • 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, 2016 - 2026)
    • Spinal Fusion Surgeries
    • Delayed Union & Nonunion Bone Fractures
    • Oral and Maxillofacial Surgeries
    • Others

  • End User Outlook (Revenue, USD Million, 2016 - 2026)
    • Hospitals and Clinics
    • Home Care Settings
    • Academic Institutes & Research Centers
    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2026)
    • North America
      • U.S.
      • Canada

    • Europe
      • Germany
      • France
      • U.K.
      • Spain
      • Italy
      • Rest of the Europe

    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia

    • Latin America
      • Brazil

    • Middle East & Africa
Ask For Discount : https://www.reportsanddata.com/discount-enquiry-form/1055

Comments

Post a Comment

Popular posts from this blog

Medical Waste Management Market: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2026

-
Rise in elderly population, development of advanced manufacturing techniques for medical & drugs equipment, increasing initiative by government towards developing the healthcare infrastructure across the world, favorable research funding scenario, increase in health care expenditure, and rise in awareness regarding medical waste are key factors contributing to high CAGR of Medical Waste Management during forecast period. Market Size – USD 11.77 Billion in 2018, Market Growth - CAGR of 5.3%, Market Trends – Outsourcing of medical waste management services and growing health care industry According to the current analysis of Reports and Data, the global  Medical waste management market  was valued at USD 11.77 billion in 2018 and is expected to reach USD 17.89 billion by the year 2026, at a CAGR of 5.3%. The study talks about the growing population across the globe, which in turn increases the number of patients, resulting in the rising volume of medical waste. To id...
Read more

Automotive Repair & Maintenance service Market Size, Share & Trends | Industry Report, 2018-2026

-
Increasing safety requirements for passengers, especially in growing economies and increase in technological advancements are the major factors influencing market growth. Market Size – USD 516.14 billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –Rise in demand for electric vehicles. The global  Automotive Repair & Maintenance Service Market  is estimated to reach USD 810.30 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing need for passenger’s safety. Increase in awareness related to vehicle maintenance and safety is expected to drive the market. Increased road safety awareness among the general population, the average maintenance and repair expenses by an individual are anticipated to drive the market. Moreover, an increase in sales of used cars in many regions, especially in emerging economies; technological advancements pertaining to vehicle safety, are also fuelling market growth. Furthermo...
Read more

Tire Material Market: Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2026

-
The global  tire material market  is forecast to reach USD 110.76 Billion by 2026, according to a new report by Reports and Data. The market is rising rapidly as the sales of passenger cars are propelling mostly in the developing regions due to an increase in disposable earning. The overall vehicle sales globally have also increased substantially because of the technological advancements in the automotive industry. The rise in demand for green tires in Europe has helped the tire material market grow apace. The Asia Pacific region is forecasted to generate the highest revenue of USD 40.76 Billion in the year 2026, owing to its record increasing sales of passenger vehicles and two-wheelers segment in the developing economies such as India and Thailand. To identify the key trends in the industry, click on the link below:  https://www.reportsanddata.com/report-detail/tire-material-market
Read more