Bone growth stimulators include the medical devices (external and internal bone growth stimulators) and biologics (PRP and BMP); that are used during or post or after orthopedic treatments related to bone regeneration (including spine fusion surgery, bone fractures, and bone grafts, among others) in order to enhance the bone healing process.
According to Latest Market research report Published by MarketsandMarkets the “Bone Growth Stimulators Market Size, Share, Demand and Growth Analysis, forecast” the global Market is estimated to reach USD 1.41 billion, at a CAGR of 5.4%.
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Major Developments in Bone Growth Stimulators Market:
key players operating in the Global Bone Growth Stimulators Market;
Orthofix International N.V. (U.S.), DJO Finance LLC (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Bioventus LLC (U.S.), Medtronic plc (Ireland), Stryker Corporation (U.S.), DePuy Synthes (U.S.), Arthrex, Inc. (U.S.), and Harvest Technologies Corporation (U.S.)
Major Drivers Impacting the Bone Growth Stimulators Market;
· Growing Patient Preference for Noninvasive and Minimally Invasive Surgical Treatments
· Increasing Target Patient Population
· Procedural Benefits Offered by Bone Stimulation Devices in Bone Fracture Treatment
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Global Bone Growth Stimulators Market Segmentation:
On the basis of product, the global bone growth stimulators market is segmented into bone growth stimulation devices, bone morphogenetic protein (BMPs), and platelet-rich plasma (PRP). The bone growth stimulation devices segment accounted for the largest share of the market
On the basis of application, the global bone growth stimulators market is segmented into spinal fusion surgeries, delayed union and nonunion bone fractures, oral and maxillofacial surgeries, and other applications. The spinal fusion surgeries segment accounted for the largest share of the market.
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