Global Bone Growth Stimulator Market is expected to reach
USD 1.4 billion by 2025, according to a new report by Grand View Research,
Inc. Escalating demand for non-invasive 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 non-union of bone
fractures, which is projected to drive demand for bone growth stimulators.
Full Research Report On Global Bone
Growth Stimulator Market Analysis:
http://www.grandviewresearch.com/industry-analysis/bone-growth-stimulator-market
http://www.grandviewresearch.com/industry-analysis/bone-growth-stimulator-market
Further Key Findings From the Report
Suggest:
- Bone growth stimulation devices segment was the largest revenue
grossing segment of the market in 2016 owing to high demand for
noninvasive treatments by patients as well as product advancements
- PRP segment is estimated to grow at the highest CAGR during the
forecast period owing to its growing popularity for bone and soft tissue
healing, as well as its favorable safety profile and potential promising
outcome for development of regenerative treatments
- In the application segment, the spinal fusion surgeries segment
accounted for the largest share in 2016 and is projected to maintain its
dominance during the forecast period owing to escalating number of spinal
injuries, fractures, and spinal stenosis
- 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
- North America dominated the overall market in 2016 mainly due
to the existence of several leading medical device companies in this
region and highly developed healthcare infrastructure
- The Asia Pacific 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
- 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.
View
more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the Global Bone Growth Stimulator Market on the
basis of product, application, end use, and region:
Product Outlook (Revenue, USD Million;
2014 - 2025)
- 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; 2014 - 2025)
- Spinal fusion surgeries
- Delayed union & nonunion bone fractures
- Oral and maxillofacial surgeries
- Others
End-Use Outlook (Revenue, USD Million;
2014 - 2025)
- Hospitals and clinics
- Home care
- Others
Regional Outlook (Revenue, USD Million;
2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
View Press Release Of This Report by
Grand View Research: http://www.grandviewresearch.com/press-release/global-bone-growth-stimulator-market
About Grand View
Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit: www.grandviewresearch.com
No comments:
Post a Comment