Bone Growth Stimulators Industry Forecast: $1.94 Billion by 2030

Meticulous Research®, a leading market research firm, has released a new report titled “Bone Growth Stimulators Market by Product (Stimulation Device [External, Ultrasonic, Implantable], Bone Morphogenetic Proteins, Platelet-Rich Plasma), Application (Spinal Fusion, Fracture, Oral Surgeries), End User (Hospital, ASC) – Global Forecast to 2030.”
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According to the report, the global bone growth stimulators market is expected to reach $1.94 billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. Key drivers of this growth include a rising preference for minimally invasive treatments, an increase in bone fractures and spinal injuries, a growing elderly population leading to more orthopedic conditions, and a surge in sports injuries. The market also benefits from the expansion of hospitals and surgical centers, wider use of platelet-rich plasma (PRP), and growth in emerging economies.
Market Segmentation:
By Product:
• Bone Growth Stimulation Devices: External Bone Growth Stimulators (Capacitive Coupling Devices, Combined Magnetic Field Devices, Pulsed Electromagnetic Field Devices), Ultrasonic Bone Growth Stimulators, Implantable Bone Growth Stimulators
• Bone Morphogenetic Proteins
• Platelet-Rich Plasma
By Application:
• Spinal Fusion Surgeries
• Union & Non-union Bone Fractures
• Oral and Maxillofacial Surgeries
• Other Applications
By End User:
• Hospitals & Specialized Clinics
• Ambulatory Surgery Centers (ASC)
• Other End Users