Bone Growth Stimulators Market Valued at $1.94 Billion by 2030

Meticulous Research®, a leading market research company, has published a new report titled “Bone Growth Stimulators Market by Product (Stimulation Device [External, Ultrasonic, Implantable], Bone Morphogenetic Proteins, Platelet-Rich Plasma), Application (Spinal Fusion, Fracture, Oral Surgeries), End User (Hospital, ASC) – Global Forecast to 2030.”
Download Free Sample Report: utm_content=03-06-2024
According to the report, the global bone growth stimulators market is projected to reach $1.94 billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. The market's growth is primarily driven by the increasing preference for minimally invasive treatments, rising incidences of bone fractures and spinal injuries, a growing geriatric population leading to more orthopedic conditions, and a surge in sports injuries. Additionally, the expanding number of hospitals and surgical centers, broader use of platelet-rich plasma (PRP), and growth in emerging economies present significant opportunities for market expansion.
Market Segmentation: By Product:
Bone Growth Stimulation Devices: External Bone Growth Stimulators (Capacitive Coupling Devices, Combined Magnetic Field Devices, Pulsed Electromagnetic Field Devices), Ultrasonic Bone Growth Stimulators, Implantable Bone Growth Stimulators, Bone Morphogenetic Proteins, Platelet-Rich Plasma.
By Application: Spinal Fusion Surgeries, Union & Non-union Bone Fractures, Oral and Maxillofacial Surgeries, Other Applications
By End User: Hospitals & Specialized Clinics, Ambulatory Surgery Centers (ASC), Other End Users
Geography: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa