Selbyville, Delaware, July 17, 2019 (GLOBE NEWSWIRE) --
The size of bone growth stimulators market is set to rise from USD 861.1 million in 2018 to around USD 1.2 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Increasing cases of injuries and trauma leading to fracture across the world are major growth augmenting factors for bone growth stimulators market growth. Also, cases of road accidents, sports injuries and violence are leading to fracture, thereby propelling market growth. Such factors will boost the market demand in the future.
Bone growth stimulators market size was valued at around USD 861.1 million in the year 2018. Bone growth stimulators were introduced with an aim to provide a solution for treatment of delayed union and non-union of bones. The reasons for delayed union or a non-union of bone may include old age, arthritis, osteoporosis, diabetes or other such medical conditions. Bone growth stimulators are recommended by medical professionals as a solution for above mentioned fracture cases. The mechanism of bone growth stimulators includes encouraging body receptors to enhance the healing response.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1904
Product recalls associated with bone growth stimulators are major reasons hindering the adoption rates in various countries around the world. Also, complex reimbursement policies associated with bone growth stimulators might hamper the market growth in certain emerging economies.
Platelet-rich plasma will grow at 4.4% over the forecast period. This growth is attributed to lower adverse effects associated with platelet-rich plasma. Also, platelets-rich plasma offers high safety and no risk of allergies. Hence, the above-mentioned reasons will augment the growth of platelet-rich plasma over the estimation period.
Bone growth stimulators have application in hospitals, ambulatory surgical centers, and clinics. Hospitals have the highest demand for bone growth stimulators due to greater budget and higher ability to cater to large number of patients suffering from fractures. The bone growth stimulators market share from ambulatory surgical centers will grow at a promising rate owing to rising preference of patients towards ambulatory surgical centers and overall increase in the number of such establishments during the forthcoming years.
Browse key industry insights spread across 200 pages with 354 market data tables & 8 figures & charts from the report, “Bone Growth Stimulators Market Size By Product (Bone Growth Stimulation Devices {External Bone Growth Stimulators [Combined Magnetic Field Devices, Capacitive Coupling Devices, Pulsed Electromagnetic Field Devices], Implanted Bone Growth Stimulators, Ultrasonic Bone Growth Stimulators}, Bone Morphogenetic Proteins, Platelet-Rich Plasma), By End-use (Hospitals, Ambulatory Surgical Centers), By Application (Spinal Fusion Surgeries, Delayed Union & Non-union Bone Fractures, Oral And Maxillofacial Surgeries), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Spain, Italy, China, India, Japan, Australia, Singapore, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/bone-growth-stimulators-market
The spinal fusion surgeries segment is expected to grow with the highest CAGR of 6.0%. This growth is attributed to rising cases of spinal cord injuries. Growing incidence of spinal stenosis and herniated disc are also responsible for rising demand for spinal fusion surgeries in various countries. With old age, bone density lowers and weakened bones are vulnerable to fractures due to excessive loss of bone mass. Also, rising sports injuries and road accidents will also lead to segmental growth.
The U.S. bone growth stimulators market size is the largest in the world and projected to expand at a CAGR of 5.9% over the forecast period. During the forecast timeframe, it will continue to expand at a stable growth rate and lead the industry at a global level. Rising prevalence of osteoporosis in the country, availability of skilled professionals, high adoption rate of advanced technology, presence of highly developed healthcare infrastructure and presence of dominant market players in the country will foster regional growth in foreseeable years. High healthcare expenditure, increasing geriatric population, and rising venture capital investments by manufacturing firms should drive the U.S. bone growth stimulators market during the projection years.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1904
Some of the key industry players operating in the global bone growth stimulators market share are Medtronic, Stryker, DePuy Synthes Companies, Arthrex, Inc., Bioventus LLC, TERUMO, Orthofix International N.V, Zimmer Biomet Holdings Inc., Synergy Orthopedics. The industry participants emphasize on acquisitions and mergers, geographical expansion and novel product developments to strengthen their position in the market and gain competitive advantage over its peers.
Browse Related Reports:
1. Ophthalmic Sutures Market Size By Type (Natural, Synthetic), By Absorption (Absorbable, Non-absorbable), By Application (Corneal Transplantation Surgery, Cataract Surgery, Vitrectomy, Iridectomy, Oculoplastic Surgery), End-Use (Hospitals, Ambulatory Surgical Centers [ASCs]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Japan, India, China, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Potential, Competitive Market Share & Forecast, 2019 - 2025
https://www.gminsights.com/industry-analysis/ophthalmic-sutures-market
2. Stent Market Size By Type (Coronary, Peripheral Vascular {Iliac, Femoral-Popliteal, Renal, Carotid}), By Technology (Bare Metal Stent, Drug Eluting Stent, Bioresorbable Stent), By Mode of Delivery (Self-Expandable, Balloon Expandable), By End-use (Hospitals, Ambulatory Surgical Centres), By Material (Metal, Polymer), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia, Singapore, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/stent-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.