Product Description
The global bone growth stimulation market was valued at $400 million in 2024. This is expected to increase over the forecast period at a CAGR of 3.1% to reach $495 million.
The full report suite on the global market for bone growth stimulation includes electrical and ultrasound bone growth stimulators.
This report includes data for 65+ countries across 7 different regions. These regions are North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2024
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL BONE GROWTH STIMULATION MARKET TRENDS
The bone growth stimulation market is seeing an important shift toward devices that are easy to use and understand by the patient. Proper patient compliance is a key factor in the efficacy of bone growth stimulators. Investment in devices that allow this ease is of use is the trending focus of investment for companies in the market.
GLOBAL BONE GROWTH STIMULATION MARKET SHARE INSIGHTS
- Bioventus was the leading company in the bone growth stimulation market. The company’s Exogen® bone healing system owned the majority of the ultrasound stimulation market, which led to its leading share of the total market. Bioventus not only has a strong presence in North America and Western Europe but also commands a noteworthy share of the rest of the world market.
- ZimVie/Highridge Medical was the second-leading competitor in the bone growth stimulation market. The company currently offers the only notable internal stimulation system, the OsteoGen® system. The company maintains a strong market presence around the globe and is expected to maintain it over the over the coming years.
- Orthofix was the third-leading competitor in the bone growth stimulation market. Orthofix offers the PhysioStim™ external bone growth stimulator. The company is expected to see some expansion of its market share as the interest in developing new devices rises.
MARKET SEGMENTATION SUMMARY
- Ultrasound Bone Growth Stimulator Market
- Electrical Bone Growth Stimulator Market
RESEARCH SCOPE SUMMARY
| Report Attribute | Details |
|---|---|
| Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2023 |
| Forecast Period | 2025-2031 |
| Historical Data | 2021-2023 |
| Quantitative Data | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Data | Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
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