The global bone growth stimulators market is estimated to register a CAGR of over 5% during the forecast period. Major players are contributing significantly to the growth of the global bone growth stimulators industry. The prominent players operating in the market have introduced various new bone growth stimulators devices in order to cater tothe growing demands of the patients.
The prominent players operatingin the global bone growth stimulators market include Orthofix Medical Inc., Medtronic Plc, Zimmer Biomet Holdings Inc., Stryker Corp., Bioventus LLC, Arthrex Inc., and many others. Also, these players have adopted several growth strategies to cope withthe highly competitive bone growth stimulators market. For instance –
- In July 2018, Orthofix Medical Inc., a Texas-based company focused on musculoskeletal healing products and services received the US Food and Drug Administration (FDA) and European CE Mark approvals for the latest bone growth stimulator device named PhysioStim.
- In January 2018, Bioventus LLC introduced a new website named Exogen for its EXOGEN Ultrasound Bone Healing System. Exogen utilizes Effective Low-Intensity Pulsed Ultrasound (LIPUS)aids in stimulating the natural bone healing process of the body.
- In 2017, Orthofix Medical Inc., a Texas-based company, has introduced new bone growth stimulators, the CervicalStim and the SpinalStim, which have been approved by the European CE Mark as well as the Food and Drug Administration of the US. Also, the company has introduced Stim on Track, an application that offers physicians with real-time data. These devices are used to stimulate and enhance the natural healing process of the body post spinal fusion operation.
- In 2016, Bioventus LLC introduced its novel Ultrasound Bone Healing System for the treatment of delayed unions, non-unions, and joint fusion surgeries in Saudi Arabia, which helped the company to grow its product portfolio and serves its customers across the region.
Browse the full report description of "Global Bone Growth Stimulators Market Size, Share & Trends Analysis Report by Product (Bone Growth Stimulation Devices, Platelet-Rich Plasma (PRP), Bone Morphogenetic Protein (BMP)), By Application (Delayed Union and Non-Union Bone Fractures, Spinal Fusion Surgeries, Oral and Maxillofacial Surgeries, and Others), By End-User (Hospitals & Clinics, Homecare, and Others), Forecast 2019-2025" at https://www.omrglobal.com/industry-reports/bone-growth-stimulators-market
Global Bone Growth Stimulators Market - Segmentation
By Product
- Bone Growth Stimulation Devices
- Platelet-Rich Plasma (PRP)
- Bone Morphogenetic Protein
By Application
- Delayed Union and Non-Union Bone Fractures
- Spinal Fusion Surgeries
- Oral and Maxillofacial Surgeries
- Other
By End-User
- Hospitals and Clinics
- Home care
- Others (Research Institutes and Universities)
Global Bone Growth Stimulators Market – Segment by Region
North America
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
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