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Bone growth stimulation is utilized to promote bone healing in difficult to heal fractures. Bone growth stimulators are used to enhance the bone healing process without the sensation of electrical shocks or currents or vibrations when being worn by the user. The devices stimulate the natural healing process of bone by sending low?level pulses of electromagnetic energy to the injury or fusion site.
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Increasing prevalence of osteoporosis and osteoarthritis is expected to boost growth of the global bone growth stimulators market over the forecast period. For instance, according to the study ‘Epidemiology and awareness of osteoporosis: a viewpoint from the Middle East and North Africa’ published in the International Journal of Clinical Rheumatology, in 2018, the prevalence of osteoporosis was 15.1% among women and 10.7% among men in Turkey. Moreover, high incidence of the osteoporosis and osteopenia was detected among patients admitted to the geriatric department.Therefore, increasing geriatric population is also expected to contribute to growth of the market. For instance, according to the same source, by 2050, the population of Egypt is expected to reach 130 million, of which over 30% will be aged 50 years and over.
North America region held dominant position in the global bone growth stimulators market in 2018, accounting for 42.3% share in terms of volume, followed by Europe.
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Table of Contents
1. Research Objectives and Assumptions
◦ Research Objectives
◦ Assumptions
◦ Abbreviations
2. Market Purview
◦ Report Description
▪ Market Definition and Scope
◦ Executive Summary
▪ Market Snippet, By Drug Type
▪ Market Snippet, By Distribution Channel
▪ Market Snippet, By Region
◦ Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
◦ Market Dynamics
▪ Drivers
▪ Restraints
▪ Market Opportunities
◦ Impact Analysis
◦ Market Trends
◦ Regulatory Scenario
◦ Reimbursement Scenario
◦ Epidemiology
◦ PEST Analysis
◦ Recent Product Launch
◦ Merger and Acquisition Scenario
Top players in the market
Key players in the market are also focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in December 2019, Bone Bank Allografts (BBA), a provider of regenerative medicine technologies, announced partnership with Yankee Alliance, a group purchasing organization (GPO). The agreement covers BBA’s comprehensive portfolio of orthobiologics that include surgical allograft options from traditional bone and soft tissues to specialty custom products for transplant.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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