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According to the latest report by IMARC Group, titled “ Bone Growth Stimulator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forec ast 2022-2027
” the global bone growth stimulator market reached a strong growth in 2021.
A bone growth stimulator represents the medical device used to boost the healing process of bones after a spinal fusion surgery or fracture. It usually relies on ultrasonic or pulsed electromagnetic waves to aid the body in tissue repairing and cell creation while increasing bone density. In addition to this, a bone growth stimulator offers various benefits, including a painless healing process and low complication rates as compared to other invasive methods. Consequently, it finds extensive applications in hospitals, clinics, home care centers, etc.
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The growing prevalence of diabetes, arthritis, and other medical conditions, such as obesity, vascular disease, renal disorders, etc., is primarily driving the bone growth stimulator market. Additionally, the expanding geriatric population and the rising sports-related orthopedic injuries among individuals, on account of poor training practices, improper equipment, insufficient warm-up and stretching, lack of conditioning, etc., are further catalyzing the market growth.
Besides this, the escalating demand for minimally invasive (MI) procedures, owing to their fewer operative complications, shorter hospitalization, less pain, reduced postoperative care, quicker recovery, smaller and more cosmetic incisions, lower risk of infection, etc., is acting as another significant growth-inducing factor. Moreover, the increasing awareness among physicians, surgeons, and patients towards the benefits of bone growth stimulators for spinal fusion and bone healing is also augmenting the global market. Apart from this, the elevating investments in medical equipment and devices are anticipated to fuel the bone growth stimulator market over the forecasted period. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Report Description Report Description and Highlights want and secondary data (2022-2027) Business Strategy, Distribution Channel, etc. free sample report.
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