The Bone Growth Stimulator Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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Top Leading Companies of Global Bone Growth Stimulator Market are Arthrex, Inc., Bioventus LLC (U.S.), Johnson and Johsnon (Depuy Synthes), Medtronic Plc, Orthofix International N.V, Smith & Nephew Plc, Stryker Corporation, Zimmer Biomet, and others.
Key Market Trends
External Bone Growth Stimulators are Believed to Register Highest CAGR Over the Forecast Period
The external bone growth stimulators are expected to register the highest growth in the coming future. This is majorly due to the features of these devices such as their lightweight, ease of handling, and portability.
The demand for these products is increasing due to the rising fracture cases and the effectiveness of the external bone growth stimulators in healing fractures. As per the Australian Institute of Health and Welfare, around 23,948 minimal trauma fractures were reported in men aged 50 and above in Australia. Also, the United Kingdom has an incidence of 3.6 fractures per 100 people per year. This indicates the rising burden of fracture on major countries. Therefore, there is a rising demand for the external bone growth stimulators which will contribute to the growth of the same.
North America to Dominate the Market
North America holds the largest share of the bone growth stimulator market. This is majorly attributed to the increasing geriatric population and high prevalence of Arthritis. American Physical Therapy Association has stated that the adult prevalence of Arthritis in the United States is around 27% experiences severe joint pain. Furthermore, around 1 in 4 adults in the United States are likely to suffer from the arthritis. As per the National Institute of Health, around 7.9 million fractures occur every year in the United States and 5-10% of them develop nonunions and/or delayed unions, which is one of the major complications in the treatment of bone fractures.With the burden of Arthritis in the United States, it is expected that the demand for bone growth stimulators will increase which will ultimately boost the market growth.
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Highlights of the Bone Growth Stimulator Market Report:
– Detailed overview of Bone Growth Stimulator Market
– Changing the Bone Growth Stimulator market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Bone Growth Stimulator market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Bone Growth Stimulator Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Bone Growth Stimulator Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Bone Growth Stimulator industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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