Bone Growth Stimulators Market Analysis | United States | 2019-2025 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Pages: 54
- Published Date: 11/28/2016
- Type: MedCore
General Report Contents
– Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends
– Market Drivers & Limiters for each chapter segment
– Competitive Analysis for each chapter segment
– Section on recent mergers & acquisitions
The U.S. market for bone growth stimulators defined in this report as internal and external devices used to stimulate bone growth in acute and non-union fractures in long bones. The external segment is further broken-down by mode of operations (i.e. electrical and ultrasound). The bone growth stimulators related to the spine anatomy are not included in this report.
The bone growth stimulator market is witnessing a slowdown in growth due to market limiters related to the strict cost consideration of device payers, who collectively seek to negotiate lower prices. The majority of the bone growth stimulator market consists of external devices. Approximately every 9.5 out of 10 bone growth stimulators sold are external devices. Their lower average selling price, lack of requirement for additional implant surgeries, and ease of application are all beneficial features that are attractive to patients. Therefore, the popularity of external bone growth stimulation devices is expected to remain above that of their internal counterparts over the forecast period.
Technologies behind bone growth stimulation are mature and have proven efficacy. The science is well understood, and there is overall consensus that these devices do accelerate healing for their appropriate target patients.
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.