Bone Growth Stimulator Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2017-2022

Increasing incidence of accidental fractures continues to drive the demand for supplemental medical devices such as bone growth stimulators. With advancements in technology, manufacturers are actively focusing towards development of electrical bone growth stimulators, considering their effectiveness in spinal fusion procedures.  The FactMR report on Global Market for Bone Growth Stimulators provides analytical study on the market’s expansion till date, and also delivers insightful forecast for the period, 2017-2022.

The scope of FactMR’s report is to analyze the global Bone Growth Stimulator Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global bone growth stimulator market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to bone growth stimulator.

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Bone growth stimulators are supplemental medical devices worn by patients following a cervical or lumbar spine surgery. Bone growth stimulators are utilized in boosting the natural fusion of spinal bone after fracture. Advanced bone growth stimulators can also facilitate multi-level fusions, the efficiency of which plays a pivotal role in spine fusion aftercare of patients.

A latest report by FactMR projects the global bone growth stimulators market to account for revenues worth US$ 1,477.2 Mn in 2017. The market is estimated to exhibit a steady expansion during the forecast period. Various devices are developed for bone growth stimulation therapy, which are being highly demanded on the back of growing cases of accidental bone injuries across the globe.

Bone growth stimulators facilitate multi-level fusions in bones with high efficiency, playing a pivotal role in spine fusion aftercare of patients. Medical studies are revealing positive outcomes of utilizing electrical bone growth stimulators for spinal fusion process. With a number of favorable government initiatives, coupled with heavy investments made by several private organizations, there has been a robust increase in research & development activities associated with new treatment methods and product development. For example – the North American Spine Foundation, and American Academy of Orthopedic Surgeons are contributing to the development of spinal implants & devices by raising funds for R&D activities, and conducting training programs for physicians worldwide.

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North America will continue to be dominant in the global bone growth stimulator market. Sales of bone growth stimulators are expected to account for the largest revenues in North America, expanding at the highest CAGR through 2022. Europe will remain the second most lucrative market for bone growth stimulators. The market in Middle East & Africa (MEA) will continue to register a sluggish expansion through 2022.

Bone growth stimulation devices will remain sought-after among products in the global market. Revenues from sales of bone growth stimulation devices will account for over half share of the market during the forecast period. In addition, sales of platelet-rich plasma bone growth stimulator, and bone morphogenetic proteins are expected to exhibit the fastest expansion registering similar CAGRs through 2022.

Hospitals & Clinics will remain the largest End-Users of Bone Growth Stimulators

Based on end-users, sales of bone growth stimulators in academic and research institutes are expected to register the highest CAGR through 2022. Hospitals & Clinics will continue to be the largest end-users of bone growth stimulators, accounting for the highest share of the market over the forecast period. Home care is expected to remain the second most lucrative end-use segment in the global bone growth stimulators market.

Bone growth stimulators are expected to find the largest application in the cases of delayed union & non-union bone fractures, with sales poised to reach US$ 763.4 Mn by 2022-end. Sales of bone growth stimulators in oral & maxillofacial surgeries will account for the lowest revenues during the forecast period, based on application.

Competition Tracking

The report has also profiled key players in the global market for bone growth stimulators, which include Ossatec Benelux B.V., Elizur Corporation, Johnson & Johnson, Arthrex, Inc., DJO Global Inc., Stryker Corporation, Bioventus Inc., Zimmer Biomet Holdings, Inc., Medtronic plc., and Orthofix International N.V.

Table of Contents

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

Continued……………………….

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