Electronic Bone Growth Stimulators are the devices used for bone healing process in fractures or other orthopedic conditions in which bones are hard to heal. Electronic bone growth stimulation can be done from outside as well as inside of body. Electric stimulation from outside of the body is known as non-invasive stimulation and is work through an external power supply. Whereas, the internal electronic stimulation is known as invasive stimulation. Electronic bone growth stimulators are used in, fusion of spine, fracture upper end of tibia, spondylolisthesis, arthritis and other.
MARKET DYNAMICS
The key market drivers for Electronic Bone Growth Stimulators Market are, rising incidences of road accidents, trauma and associated injuries, increasing geriatric population across the globe along with rising prevalence of orthopedic disorders such as arthritis, osteoarthritis. Moreover, technological advancement in bone stimulation devices is also expected to boost market growth during forecast period. Whereas, product recalls, stringent regulatory framework are expected to restrain market growth during forecast period.
MARKET SCOPE
The "Electronic Bone Growth Stimulators Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Electronic Bone Growth Stimulators market with detailed market segmentation by method, product, end user and application. The Electronic Bone Growth Stimulators Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Electronic Bone Growth Stimulators Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Electronic Bone Growth Stimulators Market is segmented on the basis of method, product, application and end user. On the basis of method the market is bifurcated as, invasive electronic bone stimulation, non-invasive bone stimulation and semi-invasive bone stimulation. On the basis of product the market is bifurcated as, bone growth stimulation devices, external bone growth stimulators, combined magnetic field devices, capacitive coupling devices, and implanted bone growth stimulators, bone morphogenetic proteins. On the basis of end user the market is segmented as, hospitals, clinics, homecare, others. And on the basis of application the market is segmented as, spinal fusion surgeries, delayed union and nonunion bone fractures, oral surgeries, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Electronic Bone Growth Stimulators Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Electronic Bone Growth Stimulators Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Electronic Bone Growth Stimulators Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Electronic Bone Growth Stimulators Market in these regions.
MARKET PLAYERS
The report covers key developments in the Electronic Bone Growth Stimulators Markets organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electronic Bone Growth Stimulators Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Electronic Bone Growth Stimulators market in the global market. Below mentioned is the list of few companies engaged in the Electronic Bone Growth Stimulators Market.
The report also includes the profiles of key players in Electronic Bone Growth Stimulators Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Zimmer Biomet Holdings, Inc.
- Orthofix International N.V
- DePuy Synthes Companies
- Terumo
- Wright Medical Group N.V
- Medtronic Plc.
- Bioventus LLC.
- Arthrex, Inc.
- Synergy Orthopedics
- Elizur Corporation
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