Overview of Bone Growth Stimulator Market: Size, Trends, Share and Growth Forecast till 2022

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Dublin 2, Ireland, 2018-Apr-17 — /EPR Network/ — The global market discussion on bone growth stimulator industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Bone Growth Stimulator Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on bone growth stimulator market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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As patients of spinal cord fractures continue to struggle with long duration consumed for complete recovery, surgeons and doctors continue to promote the use of bone growth stimulators. The Fact.MR forecast report on global bone growth stimulator market anticipates that global sales of these devices will bring in more than US$ 1.4 Bn by the end of 2017. Spinal fracture patients opting for bone growth stimulators is expected to rise due to increasing advancements in lowering patient discomfort. By the end of 2022, sales of bone growth stimulators in the global market is pegged to bring in US$ 1.91 Bn, exhibiting a steady growth at 5.3% CAGR.

Key Forecast Highlights

1. According to the report, bone growth stimulation devices will account for nearly 56% share on global bone growth stimulator revenues in 2017. Platelet-rich plasmas, on the other hand, will be observed as promising product segment, revenues from which are expected to showcase robust growth at 6.2% CAGR. By the end of 2022, a little over US$ 450 Mn worth of platelet-rich plasmas will be sold in the global market for bone growth stimulators.

2. In the view of poor road infrastructure and inferior healthcare facilities existing in the Asia-Pacific excluding Japan (APEJ) region, the demand for bone growth stimulators is expected to gain grounds. These factors are boosting the incidence of spinal fractures in this region, compelling doctors towards adoption of bone growth simulation therapy. Moreover, manufacturers of bone growth stimulators are expected to benefit from low wage costs and high resource availability by setting up their manufacturing units across APEJ region. By the end of 2022, over US$ 225 Mn worth of bone growth stimulators will be sold across the APEJ market.

3. North America is expected to remain the largest market for bone growth stimulator. The report predicts that high healthcare spending implemented in Canada and the US will urge manufacturers towards developing advanced bone growth stimulators. Meanwhile, revenues amassed from sales of bone growth stimulators in Europe will contribute US$ 600 Mn in revenues by the end of 2022. Towards the end of forecast period, North America’s bone growth stimulator market is likely to soar at a CAGR of 6.2%.

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Table of Content:

Chapter 1. Global Bone Growth Stimulator Market – Executive Summary. 12

Chapter 2. Global Bone Growth Stimulator Market Overview. 14
2.1. Introduction. 14
2.1.1. Global Bone Growth Stimulator Market Taxonomy. 14
2.1.2. Global Bone Growth Stimulator Market Definition. 14
2.2. Global Bone Growth Stimulator Market Size (US$ Mn) and Forecast, 2012-2022. 15
2.2.1. Global Bone Growth Stimulator Market Y-o-Y Growth. 15
2.3. Global Bone Growth Stimulator Market Dynamics. 15
2.3.1. Drivers. 15
2.3.2. Restraints. 15
2.3.3. Trends. 16
2.4. Supply Chain. 16
2.5. Cost Structure. 16

Chapter 3. Global Bone Growth Stimulator Market Analysis and Forecast By Product. 17
3.1. Global Bone Growth Stimulator Market Size and Forecast By Product, 2012-2022. 17
3.1.1. Bone Growth Stimulation Devices Bone Growth Stimulator Market Size and Forecast, 2012-2022. 17
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 17
3.1.1.2. Market Share Comparison, By Region. 19
3.1.1.3. Y-o-Y growth Comparison, By Region. 19
3.1.2. Platelet-Rich Plasma Bone Growth Stimulator Market Size and Forecast, 2012-2022. 20
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 20
3.1.2.2. Market Share Comparison, By Region. 22
3.1.2.3. Y-o-Y growth Comparison, By Region. 22

Continued….

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