Bone Growth Stimulators Market Size, Share & Trends Analysis Report By Product, By Application, By End-use, By Region, And Segment Forecasts, 2024

Description

Bone Growth Stimulators Market Growth & Trends:

The global bone growth stimulators market size is anticipated to reach USD 1.53 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.1% from 2024 to 2030. Escalating demand for noninvasive and minimally invasive treatments is a major factor estimated to boost market growth during the forecast period. Some advantages offered by minimally invasive surgeries are smaller incisions, low risk of infections, speedy recovery, shorter stay at the hospital, reduced scarring, and minimal blood loss during surgery. Thus, there is high adoption of Bone Morphogenetic Proteins (BMP) and Platelet-rich Plasma (PRP) for minimally invasive spinal and orthopedic surgeries, which is expected to boost the market growth.

The rising number of trauma and accident cases is another major factor projected to support the growth of the bone growth stimulator market. According to WHO, around 20 to 50 million people are injured every year due to road accidents. Road accidents and trauma are likely to result in severe spinal injuries as well as delayed union or nonunion of bone fractures, which is projected to drive demand for bone growth stimulators.

Bone Growth Stimulators Market Report Highlights:

Bone growth stimulation devices segment was the largest revenue grossing segment of the market in 2023 owing to high demand for noninvasive treatments by patients as well as product advancements.
PRP segment is estimated to grow at the highest CAGR during the forecast period owing to its growing popularity for bone and soft tissue healing, as well as its favorable safety profile and potential promising outcome for the development of regenerative treatments.
In the application segment, the spinal fusion surgeries segment accounted for the largest share in 2023 and is projected to maintain its dominance during the forecast period owing to the escalating number of spinal injuries, fractures, and spinal stenosis.
The hospitals segment accounted for the largest share in the overall market and is expected to maintain its dominance during the study period due to escalating number of admissions of patients suffering from traumatic injuries, road accidents, spinal injuries, and bone fractures.
North America dominated the overall market in 2023 mainly due to the existence of several leading medical device companies in this region and highly developed healthcare infrastructure.
The Asia Pacific bone growth stimulator market is projected to grow at the highest rate during the forecast period. The rising number of road accidents and developing healthcare infrastructure in Asian countries, including China, India, and Indonesia, are major factors contributing to growth in this region.

Product Code: GVR-1-68038-585-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Global Bone Growth Stimulators Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Global Bone Growth Stimulators Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Global Bone Growth Stimulators Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Bone Growth Stimulators Market: Product Movement Analysis, 2023 & 2030 (USD Billion)
4.3. Bone growth stimulation devices
- 4.3.1. Bone Growth Stimulation Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Bone Morphogenetic Proteins (BMP)
- 4.4.1. Bone Morphogenetic Proteins (BMP) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.5. Platelet-Rich Plasma (PRP)
- 4.5.1. Platelet-Rich Plasma (PRP) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 5. Global Bone Growth Stimulators Market: Application Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Bone Growth Stimulators Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
5.3. Spinal fusion surgeries
- 5.3.1. Spinal fusion surgeries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Delayed union & nonunion bone fractures
- 5.4.1. Delayed union & nonunion bone fractures Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Orthopedic trauma surgeries
- 5.5.1. Orthopedic trauma surgeries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.6. Other Accessories
- 5.6.1. Other Accessories Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 6. Globe Bone Growth Stimulators Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Bone Growth Stimulators Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
6.3. Hospitals
- 6.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Specialized Orthopedic Clinics
- 6.4.1. Specialized Orthopedic Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Home Care Settings
- 6.5.1. Home Care Settings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6. Ambulatory Surgical Centers
- 6.6.1. Ambulatory Surgical Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 7. Globe Bone Growth Stimulators Market: Regional Estimates & Trend Analysis

7.1. Bone Growth Stimulators Market Share, By Region, 2023 & 2030 (USD Billion)
7.2. North America
- 7.2.1. North America Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
  - 7.2.3.1. Canada Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3. Europe
- 7.3.1. Europe Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. U.K.
  - 7.3.2.1. U.K. Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
  - 7.3.3.1. Germany Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. Italy
  - 7.3.4.1. Italy Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5. Spain
  - 7.3.5.1. Spain Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6. Denmark
  - 7.3.6.1. Denmark Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.7. Sweden
  - 7.3.7.1. Sweden Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.8. Norway
  - 7.3.8.1. Norway Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
  - 7.4.2.1. China Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
  - 7.4.3.1. Japan Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
  - 7.4.4.1. India Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
  - 7.4.5.1. South Korea Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
  - 7.4.6.1. Australia Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7. Thailand
  - 7.4.7.1. Thailand Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5. Latin America
- 7.5.1. Latin America Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.3. Argentina
  - 7.5.3.1. Argentina Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Saudi Arabia
  - 7.6.2.1. Saudi Arabia Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3. UAE
  - 7.6.3.1. UAE Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4. South Africa
  - 7.6.4.1. South Africa Bone Growth Stimulators Market Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.5. Orthofix Holdings, Inc.
- 8.5.1. Participant's Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Developments/ Strategic Initiatives
8.6. Medtronic
- 8.6.1. Participant's Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Developments/ Strategic Initiatives
8.7. Zimmer Biomet
- 8.7.1. Participant's Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Developments/ Strategic Initiatives
8.8. DePuy Synthes
- 8.8.1. Participant's Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Developments/ Strategic Initiatives
8.9. Arthrex, Inc.
- 8.9.1. Participant's Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Developments/ Strategic Initiatives
8.10. Bioventus
- 8.10.1. Participant's Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Developments/ Strategic Initiatives
8.11. DJO Global, Inc.
- 8.11.1. Participant's Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.11.4. Recent Developments/ Strategic Initiatives
8.12. Ossatec benelux
- 8.12.1. Participant's Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.12.4. Recent Developments/ Strategic Initiatives
8.13. Altis biologics
- 8.13.1. Participant's Overview
- 8.13.2. Financial Performance
- 8.13.3. Product Benchmarking
- 8.13.4. Recent Developments/ Strategic Initiatives
8.14. BTT health GMBH
- 8.14.1. Participant's Overview
- 8.14.2. Financial Performance
- 8.14.3. Product Benchmarking
- 8.14.4. Recent Developments/ Strategic Initiatives
8.15. IGEA
- 8.15.1. Participant's Overview
- 8.15.2. Financial Performance
- 8.15.3. Product Benchmarking
8.16. Isto Biologics
- 8.16.1. Participant's Overview
- 8.16.2. Financial Performance
- 8.16.3. Product Benchmarking
- 8.16.4. Recent Developments/ Strategic Initiatives

Bone Growth Stimulators Market Size, Share & Trends Analysis Report By Product, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030