Press "Enter" to skip to content

Bone Growth Stimulators Market Size Analysis 2019 By Segmentation and Graphical Overview| Fortune Business Insights

The Global Bone Growth Stimulators Market is likely to gain traction from recent advancements in tissue regeneration and healing. According to a report by Fortune Business Insights, titled “Bone Growth Stimulators Market Size, Share and Global Trend By Product Type (Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Derived Growth Factor (PDGF)), By Application (Spinal Fusion, Maxillofacial & Dental, Non-union and Union Bone Fractures), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Home Care), and Geography Forecast till 2026,” the market was valued at  US$ 1,837.2 Mn in 2018. Fortune Business Insights further states that this market will be valued at US$ 2,624.8 Mn by the end of 2026, thereby exhibiting a CAGR of 4.6%.

Request Sample Copy at  https://www.fortunebusinessinsights.com/enquiry/sample/bone-growth-stimulators-market-100161

Long Awaited FDA Approval for Orthfix’s PhysioStim Has Encouraged Market Competitors

In 2018, Orthofix announced that it has received FDA and CE mark approvals for its PhysioStim bone growth stimulators. PhysioStim offered tissue regeneration and recombining without the need to undergo surgical procedures. The FDA approval for PhysioStim and other such products have encouraged other market players to come up with their own products and improve existing methods. Such drug approvals have a positive impact on the global bone growth stimulators market and are likely to favor the growth of this market in the forecast period.

Conventional bone growth stimulators were mostly manufactured using patented drugs. Most of the stimulators were manufactured with the help of very few drug options. But in recent years, newer drugs have been approved for manufacturing and study of bone growth stimulators.

Electrical and Magnetic Field Concept to Boost Operation of Bone Growth Stimulators

The combined magnetic field (MF) concept was hugely beneficial for spinal fusion. Magnetic Field (MF) is used for pre-processing of osteogenesis, wherein tissue regeneration and growth is initiated. Electrical bone growth stimulation is used in patients with bone healing problems. They supplement tissue regeneration which stimulates spinal fusion and bone growth. Electrical bone growth stimulators play a major part in spinal fusion among patients who possess a higher grade of disorders or in serious cases. Thus, the drawbacks of normal spinal fusion are overcome by electrical and magnetic bone growth stimulators. The benefits of these concepts have a positive impact on the global bone growth stimulators market and are likely to drive the market in the forthcoming years.

Increasing Investment in Research and Development to Boost the Market

The growing investments in research and development of bone growth stimulators is boosting the global market. With increasing awareness about the need for early diagnosis of disorders such as spondylitis and other spinal diseases, there has been a growing emphasis on the research and development of drugs related to bone growth stimulation.

Furthermore, to aid geriatric population, governments across the world have been putting in more efforts to improve health reimbursement policies. The aforementioned factors are likely to favour the growth of the global bone growth stimulators market in the forecast period.

Browse Complete Report Details at  https://www.fortunebusinessinsights.com/industry-reports/bone-growth-stimulators-market-100161

Some of the leading companies that are operating in the global bone growth stimulators market are Zimmer Biomet, Stryker, Medtronic, Wright Medical Group N.V., Orthofix Holdings, Inc., Prospec-Tany Technogene Ltd.,Elizur Corporation, Bioventus Ossatec, Benelux BV, and IGEA S.p.a.

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email[email protected]

Mission News Theme by Compete Themes.