Bone Growth Stimulators Market to Attain $3.3 billion by 2030; Driven by Rise in Bone Growth Stimulator Devices Demand

The bone growth stimulators market size is estimated to reach $3.3 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.

WILMINGTON, DELAWARE , UNITED STATES, April 12, 2024 /EINPresswire.com/ -- The bone growth stimulators market size was valued at $2.0 billion in 2020, and is estimated to reach $3.3 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.

Rise in geriatric population, increase in incidences of fracture and accidents, rise in prevalence of arthritis surge in cases of diabetes and other medical conditions such as obesity, vascular disease, and renal disorders, and rise in inclination of patients toward minimally invasive & non-invasive surgical treatments drive the growth of the global bone growth stimulators market. However, stringent approval processes and limited medical reimbursement policies for bone stimulation products restrain the market to some extent. On the other hand, rise in platelet-rich plasma and bone morphogenetic proteins and availability of cost-effective bone growth stimulation devices present new opportunities in the upcoming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/A06065

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐒𝐓𝐔𝐃𝐘
On the basis of product, the bone growth stimulation devices segment held 51.6% share in the global market in 2020.
By application, the spinal fusion surgeries segment held largest market share in 2020, and is expected to remain dominant throughout the forecast period.
On the basis of distribution channel, the hospitals and clinics segment exhibits the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
On the basis of region, North America is expected to experience largest market share during the forecast period. This was attributed to higher adoption of bone growth stimulator products, large presence of medical device companies, well developed healthcare infrastructure, and wide availability of bone growth stimulators drugs.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bone growth stimulators market analysis from 2020 to 2030 to identify the prevailing bone bone growth stimulators market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the bone growth stimulators market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global bone growth stimulators market trends, key players, market segments, application areas, and market growth strategies.

𝐕𝐀𝐋𝐔𝐄 𝐏𝐑𝐎𝐏𝐎𝐒𝐈𝐓𝐈𝐎𝐍𝐒 𝐑𝐄𝐋𝐀𝐓𝐄𝐃 𝐓𝐎 𝐓𝐇𝐄 𝐑𝐄𝐏𝐎𝐑𝐓:
Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
Comprehensive quantitative and qualitative insights at segment and sub-segment level
Covid 19 impact trends and perspective
Granular insights at global/regional/country level
Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
Blanket coverage on competitive landscape
Winning imperatives
Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 https://www.alliedmarketresearch.com/connect-to-analyst/A06065

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐨𝐧𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐬𝐭𝐢𝐦𝐮𝐥𝐚𝐭𝐨𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭
3M Company
Ambu A/S
Becton, Dickinson and Company
Cognionics, Inc.
ConMed
The Cooper Companies, Inc.
DyMedix
Koninklijke Philips N.V.
Medtronic, Plc.
Natus Medical Inc.

David Correa
Allied Market Research
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