BoneGrowth Stimulators are devices which help promote bone growth
in conditions where healing process of fractures is difficult due to over
damage. These devices use the technique of applying electric current in order
to stimulate healing. Beyond
conventional use, these Bone Growth Stimulators are also used as an Adjunct for
Spinal Fusion.
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According to analysis, 7.9 Million
fractures occur every year in the United States. Since these fractures require
treatment or surgical intervention; bone growth stimulators are frequently
used. Globally, there has been a significant rise in the geriatric population,
leading to majority cases of fractures, and osteoporosis. Clearly, the
requirement of treatment for the fractures seems like the main factor that
increases the demand for Bone Growth Stimulators.
Table of Contents and Insights:
Market
Overview:
Market for Bone Growth Stimulators
is expected to grow with the factors like rise in investments for better
healthcare facilities in the developed countries leading to increase in demand
for non-surgical treatments.
For the Bone Growth
Stimulators Market growth in the US, factor constraining the growth includes
reimbursement issues.
In Asia, the population of
people who are above 65 years of age is expected to touch 440 million by 2020.
The incidence of fractures is more prevalent in the geriatric population due to
increase in bone related disorders that tag along with old age. The rise in
demand for treatment of fractures will provide strong impetus to the Bone
Growth Stimulator market in the region.
Table of Contents and Insights:
Report
Scope:
The Bone Growth Stimulators Market is classified on various aspects:
- By Type: Invasive Electrical, Non Invasive Electrical and Ultrasound Bone Growth Stimulators.
- By Application: Fractures, Spinal Fusion and Others.
- By Use Type: Implantable and External Devices.
- By Geography: Americas, Europe, APAC and RoW.
Key
Players in the Report:
- DJO, LLC
- Biomet, Inc.
- Ossatec Benelux Ltd.
- Orthofix, Inc.
- Elizur
- Smith & Nephew
- Aetna, Inc.
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