Bone Growth Stimulators Market Segmentation by product, by end, by application, by key regions and key players. In 2014, the bone growth stimulators market was valued at us$ 922.2 Mn, accounting for approximately 20% of the global orthobiologics market.
Valley Cottage, NY -- (SBWIRE) -- 12/15/2017 -- According to the latest market report published by Future Market Insights titled, "Bone Growth Stimulators Market: Global Industry Analysis and Opportunity Assessment, 2015-2025", the bone growth stimulators market is anticipated to expand at a CAGR of 9.5% during the forecast period.
By product, the global bone growth stimulators market is segmented into invasive bone growth stimulators, non-invasive bone growth stimulators and ultrasound bone growth stimulators. The non-invasive bone growth stimulators product segment-which comprises capacitive coupling devices, combined magnetic field devices and pulsed ultrasound magnetic field devices-accounts for the highest market share currently and is expected to remain the leading segment in terms of value during the forecast period. In terms of application segmentation, trauma injury and fractures segment is expected to expand at the highest CAGR in terms of value and volume over the forecast period as compared to other applications. Hospitals end user segment, though projected to account for the highest share in market, is expected to expand at an average CAGR in terms of value and volume over the forecast period. Orthopedic clinics and home care end user segments are expected to represent significant market attractiveness indices over the forecast period.
By region, North America is expected to remain the market leader in the bone growth stimulators market mainly due to consumer awareness about chronic pain related to bone fracture and injury and subsequent disability costs. Western Europe is the second-largest contributor to the global market in terms of value and volume owing to availability of public health systems and subsidies coupled with reliance of patients on the Internet to research about new technologies, such as bone growth stimulators. MEA is projected to expand at a significant pace mainly due to large (particularly expatriate) population, improvements in life expectancy and decline in mortality rates, combined with increased budgetary spend on healthcare, resulting in a major shift and boost in growth of the bone growth stimulators market in the MEA countries. The MEA bone growth stimulators market is still untapped, so companies have substantial growth opportunities in this region.
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Summary of Table of Content
1. Research Methodology
2. Assumptions & Acronyms Used
3. Executive Summary
4. Global Bone Growth Stimulators Market Overview
5. Global Bone Growth Stimulators Market Analysis and Forecast By Product
6. Global Bone Growth Stimulators Market Analysis and Forecast By Application
7. Global Bone Growth Stimulators Market Analysis and Forecast By End User
8. Global Bone Growth Stimulators Market Analysis and Forecast By Region
9. Global Bone Growth Stimulators Market
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