Our latest research report entitled Electronic Bone Growth Stimulator Market (by type (bone growth stimulation devices, bone morphogenetic proteins (BMP) and platelet-rich plasma (PRP)), application (neurological surgeries, oral surgeries and non-unison fractures)) provides complete and deep insights into the market dynamics and growth of electronic bone growth stimulator.
The latest information on market risks, industry chain structure electronic bone growth stimulator cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential electronic bone growth stimulator growth factors. According to the report the global electronic bone growth stimulator market is projected to grow at a CAGR of 4.18% over the forecast period of 2018-2024.
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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.
Rise in Obesity and the Increase in the Number of Orthopedic Injuries are the Major Driving Factors for the Growth of Bone Growth Stimulator Market
The rise in obesity and the increase in the 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.
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Electronic Bone Growth Stimulator Market: Segmentation
The report on global electronic bone growth stimulator market covers segments such as type and application. On the basis of type the global electronic bone growth stimulator market is categorized into bone growth stimulation devices, bone morphogenetic proteins (BMP) and platelet-rich plasma (PRP). On the basis of application, the global electronic bone growth stimulator market is categorized into neurological surgeries, oral surgeries, and non-unison fractures.
Electronic Bone Growth Stimulator Market: Competitive Landscape
The report provides profiles of the companies in the global electronic bone growth stimulator market such as Zimmer Biomet, Ossatec, Exogen, Bioventus LLC, Orthofix International, DJO Global, Medtronic, Stryker, Terumo BCT and Arthex, Inc.
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- Comprehensive analysis of global as well as regional markets of the electronic bone growth stimulator.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.