Product Code: 1904
The bone growth stimulators market is speculated to showcase steady expansion by 2028 on account of increasing patient preference for minimally invasive surgical treatments around the world.
Recent technological advancements and the rollout of innovative products in the market have augmented industry uptake over the past few years. Furthermore, industry participants have been employing gainful strategies to tap into emerging trends in the market, which has positively impacted the overall business outlook.
For instance, in February 2022, Orthofix Medical Inc., a leading medical device company specializing in orthopedics, launched its novel synthetic bioactive bone graft solution dubbed the Opus BA to expand its synthetic bone growth offerings. The Opus BA has been designed to fill bone gaps or voids to re-establish the structural integrity of the bones.
The bone growth stimulators industry has been bifurcated based on end-use, type, application, and region. With respect to type, the market has further been bifurcated into platelet-rich plasma (PRP), bone morphogenetic proteins (BMP), and bone growth stimulation devices.
In 2021, the bone growth stimulation devices sub-segment held a significant valuation and is projected to progress at a notable CAGR through the review timeline. Increasing accidental injuries and trauma that result in a higher number of fractures are likely to boost segmental growth in the coming time period.
From the application point of view, the industry has been classified into spinal fusion surgeries, oral and maxillofacial surgeries, delayed non-union and union bone fractures, and others. The bone growth stimulators market from the spinal fusion surgeries sub-segment recorded a considerable valuation in 2021 and is set to develop at a sturdy growth rate over the study timeline. This growth is attributed to mounting adoption of bone growth stimulation devices in spinal fusion surgeries.
With respect to end-use, the market has been divided into ambulatory surgical centers, hospitals & clinics, and others. The bone growth stimulators market size from the hospitals & clinics sub-segment garnered a notable revenue in 2021 and is anticipated to witness optimistic expansion through the assessment period. Hospitals and clinics are widely preferred owing to several factors, such as high success rate, availability of board-certified skilled doctors, and faster and more efficient work culture, among others.
On the regional front, the Latin America bone growth stimulators market surpassed a substantial valuation in 2021 and is poised to grow at a significant CAGR between 2022 and 2028. Rising prevalence of bone & joint disorders and growing awareness among patients regarding minimally invasive surgeries in countries across the LATAM region are estimated to propel market development over the forthcoming years.
Table of Contents
Chapter 1 Methodology
- 1.1 Market definition
- 1.2 Base estimates & working
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Bone growth stimulators industry 360 degree synopsis, 2017 - 2028
- 2.1.1 Business trends
- 2.1.2 Type trends
- 2.1.3 Application trends
- 2.1.4 End-use trends
- 2.1.5 Regional trends
Chapter 3 Bone Growth Stimulators Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2017 - 2028 (USD Million)
- 3.3 Industry impact factors
- 3.3.1 Growth drivers
- 3.3.1.1 Rising number of bone fractures
- 3.3.1.2 Growing incidence of bone and joint disorder
- 3.3.1.3 Surging patient preference for non-invasive and minimally invasive surgical treatment
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 High treatment cost related to bone morphogenetic proteins (BMP)
- 3.4 Growth potential analysis
- 3.4.1 By type
- 3.4.2 By application
- 3.4.3 By end-use
- 3.5 COVID-19 impact analysis
- 3.6 Regulatory landscape
- 3.7 Porter's analysis
- 3.8 Competitive landscape, 2021
- 3.8.1 Company matrix analysis, 2021
- 3.9 PESTEL analysis
Chapter 4 Bone Growth Stimulators Market, By Type
- 4.1 Key segment trends
- 4.2 Bone growth stimulation devices
- 4.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.2 Electrical bone growth stimulator
- 4.2.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.2.2 Combined magnetic field devices
- 4.2.2.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.2.3 Capacitive coupling devices
- 4.2.2.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.2.4 Pulsed electromagnetic field devices
- 4.2.2.4.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.3 Implanted bone growth stimulator
- 4.2.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.2.4 Ultrasonic bone growth stimulators
- 4.2.4.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.3 Bone morphogenetic proteins
- 4.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 4.4 Platelet-rich plasma therapy
- 4.4.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 5 Bone Growth Stimulators Market, By Application
- 5.1 Key segment trends
- 5.2 Spinal fusion surgeries
- 5.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 5.3 Delayed union & nonunion bone fractures
- 5.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 5.4 Oral and maxillofacial surgeries
- 5.4.1 Market size, by region, 2017 - 2028 (USD Million)
- 5.5 Others
- 5.5.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 6 Bone Growth Stimulators Market, By End-use
- 6.1 Key segment trends
- 6.2 Hospitals
- 6.2.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.3 Ambulatory Surgical Centers
- 6.3.1 Market size, by region, 2017 - 2028 (USD Million)
- 6.4 Others
- 6.4.1 Market size, by region, 2017 - 2028 (USD Million)
Chapter 7 Bone Growth Stimulators Market, By Region
- 7.1 Key regional trends
- 7.2 North America
- 7.2.1 Market size, by country, 2017 - 2028 (USD Million)
- 7.2.2 Market size, by type, 2017 - 2028 (USD Million)
- 7.2.2.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.2.2.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.2.3 Market size, by application, 2017 - 2028 (USD Million)
- 7.2.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.2.5 U.S.
- 7.2.5.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.2.5.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.2.5.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.2.5.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.2.5.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.2.6 Canada
- 7.2.6.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.2.6.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.2.6.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.2.6.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.2.6.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3 Europe
- 7.3.1 Market size, by country, 2017 - 2028 (USD Million)
- 7.3.2 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.2.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.2.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.3 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3.5 Germany
- 7.3.5.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.5.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.5.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.5.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.5.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3.6 UK
- 7.3.6.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.6.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.6.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.6.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.6.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3.7 France
- 7.3.7.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.7.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.7.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.7.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.7.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3.8 Spain
- 7.3.8.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.8.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.8.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.8.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.8.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.3.9 Italy
- 7.3.9.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.3.9.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.3.9.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.3.9.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.3.9.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Market size, by country, 2017 - 2028 (USD Million)
- 7.4.2 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.2.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.2.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.3 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4.5 China
- 7.4.5.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.5.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.5.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.5.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.5.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4.6 Japan
- 7.4.6.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.6.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.6.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.6.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.6.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4.7 India
- 7.4.7.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.7.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.7.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.7.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.7.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4.8 Australia
- 7.4.8.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.8.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.8.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.8.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.8.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.4.9 South Korea
- 7.4.9.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.4.9.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.4.9.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.4.9.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.4.9.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.5 Latin America
- 7.5.1 Market size, by country, 2017 - 2028 (USD Million)
- 7.5.2 Market size, by type, 2017 - 2028 (USD Million)
- 7.5.2.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.5.2.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.5.3 Market size, by application, 2017 - 2028 (USD Million)
- 7.5.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.5.5 Brazil
- 7.5.5.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.5.5.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.5.5.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.5.5.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.5.5.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.5.6 Mexico
- 7.5.6.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.5.6.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.5.6.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.5.6.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.5.6.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.5.7 Argentina
- 7.5.7.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.5.7.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.5.7.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.5.7.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.5.7.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.6 MEA
- 7.6.1 Market size, by country, 2017 - 2028 (USD Million)
- 7.6.2 Market size, by type, 2017 - 2028 (USD Million)
- 7.6.2.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.6.2.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.6.3 Market size, by application, 2017 - 2028 (USD Million)
- 7.6.4 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.6.5 South Africa
- 7.6.5.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.6.5.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.6.5.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.6.5.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.6.5.3 Market size, by end-use, 2017 - 2028 (USD Million)
- 7.6.6 Saudi Arabia
- 7.6.6.1 Market size, by type, 2017 - 2028 (USD Million)
- 7.6.6.1.1 Market size, by bone growth stimulation device, 2017 - 2028 (USD Million)
- 7.6.6.1.1.1 Market size, by electrical bone growth stimulators, 2017 - 2028 (USD Million)
- 7.6.6.2 Market size, by application, 2017 - 2028 (USD Million)
- 7.6.6.3 Market size, by end-use, 2017 - 2028 (USD Million)
Chapter 8 Company Profiles
- 8.1 Competitive dashboard, 2021
- 8.2 Zimmer Biomet
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
- 8.3 Orthofix
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
- 8.4 DJO Global
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
- 8.5 Bioventus
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 Strategic outlook
- 8.5.5 SWOT analysis
- 8.6 Medtronic
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 Strategic outlook
- 8.6.5 SWOT analysis
- 8.7 Ossatec
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
- 8.8 Cellumed Co. Ltd.
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
- 8.9 Johnson and Johnson
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis