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.
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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.
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