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Electronic Bone Growth Stimulator Market Poised to Grow at a CAGR of 4.18% by 2024


Infinium Global Research has added a new report On Electronic Bone Growth Stimulator Market. The report presents analysis of global as well as regional markets of electronic bone growth stimulator market over the period of 2016 to 2024. Bone Growth Stimulator (BGS) is an electrical device used in the medical industry for the healing process of a fracture. BGS enhances this process by stimulating the production of new cells by applying the proper amount of electrical energy to the bone, allowing the fracture to heal considerably faster. Stimulators are commonly used for hard-to-treat fractures, non-unions, and poorly healing stress fractures of the scaphoid, distal tibia, femur, humerus, and fifth metatarsal shaft. The bone growth stimulating results in an enhanced osteogenic environment with calcification and mineralization of the fibrocartilage, repairs the fracture site and increases vascularity.

 

The rise in obesity and the increase in a number of orthopedic injuries are the major driving factors for the growth of bone growth stimulator market. The rise in non-invasive medical practices to enhance the success of the bone grafting procedures and low risk of adverse effects are also expected to boost the demand for BGS. The complication rates in BGS are low as compared to other invasive medical treatment methods. The rapid rise in motor vehicle users also results in a considerable rise in road accidents leading to spinal injuries thus eventually promoting the growth of the BGS market. However, insufficient knowledge about the success rates of BGS and the higher treatment cost are the major restraints in the growth of the bone growth stimulator. Moreover, the increasing demand for safe, innovative and modern effective treatment techniques can create an opportunity for the bone growth stimulator market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global electronic bone growth stimulator market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

 

Get 15% discount for early purchase of global electronic bone growth stimulator market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1849

 

The recent report identified that North America dominated the global electronic bone growth stimulator market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the electronic bone growth stimulator market worldwide.

 

The report segments the global electronic bone growth stimulator market on the basis of Type and Application.

 

Global Electronic Bone Growth Stimulator Market by Type

·         Bone Growth Stimulation Devices

·         Bone Morphogenetic Proteins (BMP)

·         Platelet-Rich Plasma (PRP)

 

Global Electronic Bone Growth Stimulator Market by Application

·         Neurological Surgeries

·         Oral Surgeries

·         Non-unison Fractures

 

Companies Profiled in the Report

·         Zimmer Biomet

·         Ossatec

·         Exogen

·         Bioventus LLC

·         Orthofix International

·         DJO Global

·         Medtronic

·         Stryker

·         Terumo BCT

·         Arthex, Inc.

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.




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