Bone growth stimulators refer to the medical device that helps to promote bone healing process and spinal fusion in difficult to heal fractures. These stimulators stimulate natural healing process by sending low level of electromagnetic pulse to the injury or fusion site.
Bone growth stimulators include invasive electrical bone growth stimulators, noninvasive electrical bone growth stimulators and ultrasound bone growth stimulators. The invasive bone growth stimulator is a battery powered small size device that is implanted under the skin that delivers small electrical impulse to the area where bone growth or spine fusion is to occur. Noninvasive bone growth stimulator is a light weighted battery powered portable device. These devices are worn outside the skin and do not required surgical implantation. Ultrasound bone growth stimulators is a noninvasive device delivered low-intensity and high-frequency acoustic pressure waves to promote speed healing to fresh fractures and fractures that are unresponsive to standard fracture treatment.
Globally, the number of fractures and osteoporosis cases are increasing, which results the bone growth stimulators market is also increasing.
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Bone Growth Stimulators Market: Drivers and Restraints
Increasing prevalence of fractures and osteoporosis, growing elderly population, technological advancement, rising demand for noninvasive treatment options are some of the factors that drive the growth of the bone growth stimulators market.
However, side effects from stimulators act as an inhibitor for this market.
Bone Growth Stimulators Market: Segmentation
Global Bone Growth Stimulators market is further segmented into following types:
Product Type
Noninvasive Electrical Bone Growth Stimulators
Capacitive coupling (CC) devices
Pulsed electromagnetic field (PEMF) devices
Combined magnetic field (CMF) devices
Invasive Electrical Bone Growth Stimulators
Ultrasound Bone Growth Stimulators
Application
Trauma injury and Fractures
Spinal Fusion
Ontogenesis
Others
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Bone Growth Stimulators Market: Overview
With rapid growing aging population and increasing number of patients with fracture and osteoporosis, the global bone growth stimulators market is expected to have a healthy growth rate in the forecast period (2015-2021).
Bone Growth Stimulators Market: Region- wise Outlook
The global bone growth stimulators market is expected to register a healthy CAGR for the forecast period. Depending on geographic regions, global bone growth stimulators market is segmented into five key regions: North America, Europe, Asia pacific, Latin America and RoW.
North America followed by Europedominates the global bone growth stimulators market due to technological advancement, increasing aging population and growing prevalence of fractures and osteoporosis. Asia-Pacific is the fastest emerging market for global bone growth stimulators due to the growing elderly population and increasing number of patients with osteoporosis.
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Bone Growth Stimulators Market: Key Players
Some of the key market players in global bone growth stimulators market are DJO, LLC, Biomet, Inc., Ossatec Benelux Ltd., Smith & Nephew, Bioventus LLC, Orthofix, Inc.,., Elizur and Orchid Medical.