High Prevalence of Orthopedic Diseases to be Major Growth Propeller in Bone Growth Stimulators Market: TMR

- Increase in number of geriatric people, particularly those aged 60 and above, will help the market to witness growing demand over the forecast period

- Growing demand for minimally invasive surgeries and treatments will drive the market forward in a major way

- North America to account for a major market share

ALBANY, New York, June 22, 2020 /PRNewswire/ -- Notable growth is projected for global bone growth stimulators market over the period of 2019 to 2027. The compound annual growth rate would be about 5% and the market worth would reach a value of about USD 2.1 billion by the end of the stated period. This would be a marked increase from USD 1.3 billion in the year 2018.

As per Transparency Market Research, "Increase in geriatric population is set to drive the market forward over the forecast period. It is pertinent to note here that this therapy is extensively used in treating fractures and aiding recovery after spinal fusion surgery and since the stated demographic is susceptible to such injuries and is dependent on such procedures, demand for the therapy would increase."

Download a PDF Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28541

Key Findings of Growth in Global Bone Growth Stimulators Market Study:

• Hospitals and clinic segment in the end-user category is set to maintain dominance in the market over the forecast period
• The spinal fusion surgeries segment will account for a sizeable share of the market under the applications category
• Increase in incidence of spinal injuries is fuelling growth in the market

For a detailed analysis of global bone growth stimulators market by product, application, end user, and region, visit TOC at https://www.transparencymarketresearch.com/report-toc/28541

Key Drivers of Growth in Global Bone Growth Stimulators Market:

Transparency Market Research notes that multiple growth factors are helping the market stay buoyant over the forecast period. Of the host of trends and drivers that make this list, driving growth in the global bone growth stimulators market, the prominent ones have been outlined below:

• Demand for minimally invasive surgeries is growing across the globe, driving demand for bone growth stimulators
• Prevalence of orthopedic diseases is growing, leading to demand for better therapies, driving growth in the bone growth stimulators market
• 2 billion people will be aged 60 and above and one in every six people will be aged 65 and above by the year 2050
• Technological advancement is propelling the market on to a high growth trajectory over the forecast period

Purchase the Bone Growth Stimulators Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=28541&ltype=S

Regional Analysis of Global Bone Growth Stimulators Market:

• North America to be a dominant region in the global bone growth stimulators market over the forecast period
• Rapidly ageing population is one of the most notable factors of growth in the region – by 2050, one in every four people will be aged 65 and above
• Robust healthcare infrastructure and notable reimbursement policy to contribute to growth
• Regulatory approvals by FDA are set to propel growth in the regional market over the forecast period

Analyze global bone growth stimulators market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=28541

Competitive Analysis of Global Bone Growth Stimulators Market:

Top players marking the slightly fragmented vendor landscape of global bone growth stimulators market are Zimmer Biomet, DJO Global, Medtronic plc, Terumo Corporation, Bioventus, Inc., Orthofix Medical Inc., IGEA, Ossatec Benelux BV, BTT Health GmbH, and Stimulate Health, among others. Transparency Market Research has profiled these players on a granular level and elaborated upon key strategies, financials, and product details. It is significant to note here that technological advancement and innovation are significant determinant of growth.

Global Bone Growth Stimulators Market: Segmentation

Bone Growth Stimulators Market, by Product

• Devices
• External Devices
• Pulsed Electromagnetic Field Devices
• Combined Magnetic Field Devices
• Capacitive Coupling Devices
• Ultrasound Devices
• Implantable Devices
• Bone Morphogenetic Protein
• Platelet-rich Plasma (PRP)

Bone Growth Stimulators Market, by Application

• Spinal Fusion Surgeries
• Delayed Union & Nonunion Bone Fractures
• Oral & Maxillofacial Surgeries
• Others

Bone Growth Stimulators Market, by End User

• Hospitals & Clinics
• Academic & Research Institutes and CROs
• Home Care

Bone Growth Stimulators Market, by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia & New Zealand
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Platelet-rich Plasma Market: Platelet-rich plasma market to be worth US$ 589.1 Mn, and is projected to expand at a CAGR of 11.4 % from 2019 to 2027, rise in percentage of orthopedic and sports injuries, increase in the number of cosmetic surgical procedures, and surge in adoption about platelet-rich plasma therapies in the treatment of various chronic as well as acute disorders across the globe are anticipated to drive the market

Bone Marrow Aspirate Concentrates Market: The global bone marrow aspirate concentrates market was valued around US$ 130 Million and expected to reach over US$ 200 Million registering a growth rate more than 5.0% during forecast period of 2017 to 2025, Rising demand for technology driven solution, rapid economic growth, increasing disposable income, and growing awareness about stem cell-based treatment are anticipated to drive the market

Bone Wax Market: The global bone wax market was valued at US$ 68.8 Mn in 2017 and is projected to witness a compound annual growth rate (CAGR) of more than 2.3% from 2018 to 2026, to surpass the value of US$ 84.2 Mn by 2026, factors such as increasing number of surgical procedures and rising prevalence of orthopedic disorders are driving the growth of global market

Metastatic Bone Disease Market: The global metastatic bone disease market was valued at US$ 12,450.0 Mn in 2017 and is anticipated to reach US$ 24,886.8 Mn by 2026, expanding at a CAGR of 8.1% from 2018 to 2026, Rise in prevalence of cancers such as lung, breast, and prostate that metastasize to bones is anticipated to drive demand for metastatic bone cancer treatment during the forecast period

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

Contact
Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: https://www.transparencymarketresearch.com/

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg