Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.59 Billion | USD 2.77 Billion | 5.73% | 2024 |
FrequentlyAsked Questions
Bone growth stimulation promotes bone healing in difficult-to-heal fractures or fusions by administering an ultrasonic or electrical current to the fracture site. This is done by an electrical osteogenesis stimulator, it’s a device that stimulates bone regeneration via electrical stimulation. Electrical stimulation can be administered from the outside (noninvasive) or the interior of the body (invasive). An external power supply is connected to electrodes or coil implanted on the skin or plaster or brace over a fusion or fracture site in a noninvasive electrical stimulator.
The global bone growth stimulators market is expected to grow due to rising prevalence of bone-related disorders, increasing geriatric population, advancements in non-invasive therapies, and growing demand for faster recovery post-surgery.
According to a study, the global bone growth stimulators market size was worth around USD 1.59 Billion in 2024 and is expected to reach USD 2.77 Billion by 2034.
The global bone growth stimulators market is expected to grow at a CAGR of 5.73% during the forecast period.
North America is expected to dominate the bone growth stimulators market over the forecast period.
Leading players in the global bone growth stimulators market include Medtronic, Zimmer Biomet, DePuy Synthes, Arthrex, Inc., Bioventus, DJO Global, Inc., Ossatec benelux, BTT Health GmbH, IGEA, Isto Biologics, among others.
The report explores crucial aspects of the bone growth stimulators market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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