Bone Growth Stimulators Market Analysis | United States | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 11/28/2016
- Pages: 54
- 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.
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