Global Bone Growth Stimulators Strategic Business Report 2024: Market to Reach $1.5 Billion by 2030 from $1.1 Billion in 2022 - Spinal Fusion Surgery Holds Strong Opportunities


Dublin, Feb. 15, 2024 (GLOBE NEWSWIRE) -- The "Bone Growth Stimulators - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Bone Growth Stimulators Market to Reach $1.5 Billion by 2030

The global market for Bone Growth Stimulators estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.5 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Stimulation Devices, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$855.7 Million by the end of the analysis period. Growth in the Bone Morphogenetic Proteins (bmp) segment is estimated at 4.4% CAGR for the next 8-year period.



The U.S. Market is Estimated at $544 Million, While China is Forecast to Grow at 6.6% CAGR

The Bone Growth Stimulators market in the U.S. is estimated at US$544 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$109.1 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report AttributeDetails
No. of Pages492
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.1 Billion
Forecasted Market Value (USD) by 2030$1.5 Billion
Compound Annual Growth Rate4.0%
Regions CoveredGlobal


MARKET OVERVIEW

  • Bone Growth Stimulators - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • COVID-19 Casts Shadow over Normalcy of Orthopedic Surgery Volumes
  • Number of Elective Orthopaedic Surgical Procedures Conducted in the US: April-June 2020 Vs April-June 2019
  • Pandemic Scare Helps Hospitals Shift Gears from In-patient to Out-patient Surgeries
  • Bone Growth Stimulator: A Prelude
  • Types of Bone Growth Stimulators
  • Market Overview and Outlook
  • Hospitals & Clinics: Primary End-User Segment
  • US Holds Predominance in Global Bone Growth Stimulators Market
  • US FDA Proposes Down-Classification of Non-Invasive Bone Growth Stimulators
  • Competition
  • Market Share of Leading Players in Global Bone Growth Stimulators Market: 2019
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Increase in Number of Fractures and Rise in incidence of Delayed Union & Nonunion Bone Fractures Elevates Demand for Bone Stimulators
  • Osteoporosis and Other Bone Related Health Concerns: Factsheet
  • Hip Fracture Stats
  • Select Musculoskeletal Conditions - Percentage Breakdown by Age Group
  • Percentage Share Breakdown of Number of Fractures by Age Group: 2019
  • Rise in Vertebral Fractures to Steer Growth
  • Vertebral Fracture Stats
  • Increasing Cases of Trauma Underpins Demand
  • Rise in Incidence Osteoporosis to Benefit Market Growth
  • Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P
  • Spinal Fusion Surgery Holds Strong Opportunities
  • US Spinal Fusion Surgery Market: Percentage Breakdown of Procedure Volume by Age Group
  • Bone Stimulators Display Potential for Application in Treatment of Osteoarthritis
  • Role of Platelet-Rich Plasma (PRP) as Bone Growth Stimulants
  • Rise in Minimally Invasive Surgeries and Robotic Surgeries to Boost Prospects
  • World Surgical Robots Market by Surgery Type: 2019
  • Technology Advancements in Implants Drive Surgery Volumes, Supporting the demand for Bone Stimulators
  • Demographic Factors Buoying Growth
  • Epidemic Proportion of Obesity
  • Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
  • Average Per Capita Annual Health Expenditure (In US$) due to Obesity
  • Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Alarming Levels of Diabetes Incidence and Increased Risk of Impaired Fracture Healing to Benefit Demand
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • World Diabetes Prevalence (2000-2045P)
  • Aging Population and their Vulnerability to Various Bone and Joint Related Diseases and Disorders Drive Healthy Market Growth
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • TABLE 19: Global Life Expectancy at Birth (Years) by Geographic Region: 1950-2050
  • Rise in Healthcare Expenditure to Drive Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023

FOCUS ON SELECT PLAYERS(Total 62 Featured)

  • AIDP, Inc.
  • Bioiberica SAU
  • Douglas Laboratories
  • Bioventus LLC
  • DePuy Synthes
  • Hellenia Ltd.
  • Isto Biologics
  • Dr. PRP America LLC
  • EmCyte Corporation
  • Innophos, Inc.
  • Amway, Inc. - Nutrilite
  • G&G Vitamins
  • Isotonix
  • Cellumed Co., Ltd.
  • Glofinn Oy

For more information about this report visit https://www.researchandmarkets.com/r/8nt6ne

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Bone Growth Stimulators Market

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