Market Overview:
The global bone growth simulator market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into stimulation devices, bone morphogenetic proteins (BMPs) and platelet-rich plasma (PRP). Stimulation devices are further sub-segmented into electrical stimulation devices and magnetic stimulation devices. BMPs are further sub-segmented into recombinant human BMPs (rhBMPs) and autologous BMPs. PRP is further sub-segmented into leukocyte rich PRP (LRPRP), platelet poor PRP (PPPRP) and intermediate PRP. On the basis of application, the market is segmented into hospital use and clinic use. Hospital use is further sub-segmented into orthopedic surgery, spine surgery, maxillofacial surgery and other surgeries. Clinic use is further sub-segmented into sports medicine clinics, aesthetic clinics and others clinics). Region wise, North America dominates the global bone growth simulator market followed by Europe due to increasing number of geriatric population in these regions coupled with rising prevalence rates for various orthopedic diseases such as osteoporosis & arthritis which leads to increased demand for bone growth simulators in these regions .
Product Definition:
Bone growth simulator is a software that helps in the simulation of bone growth. It is used to study the effects of various drugs and treatments on bones.
Stimulation Devices:
Stimulation devices are used to increase the blood flow in order to promote bone growth. The most common forms of these devices include electric and magnetic field generators, ultrasound, and radiofrequency (RF) stimulators.
Ultrasound: This device uses high-intensity sound waves to cause vibrations that stimulate osteogenesis by increasing the blood flow in the region.
Bone Morphogenetic Proteins:
Bone Morphogenetic Proteins (BMP) are naturally occurring peptides that are responsible for promoting bone growth and inhibiting bone degeneration. BMPs act as autocrine or paracrine agents that regulate several intracellular signaling pathways involved in the regulation of cell proliferation, differentiation, apoptosis resistance to stress-induced damage and angiogenesis.
Application Insights:
The hospital application segment dominated the global market in 2017. The demand for BGRM is increasing in hospitals as it helps to treat patients with OA and reduce the pain & inflammation associated with this disease. Moreover, it also helps to improve joint mobility and bone quality in case of severe osteoporosis or osteopenia. Thus, rising prevalence of diseases such as OA and growing geriatric population are expected to drive the hospital segment over the forecast period.
The others application segment includes clinics/hospitals, pharmacies, diagnostic centers etc., which use bone growth simulators for treating conditions other than osteoarthritis (OA) such as rheumatoid arthritis (RA), fibrous dysplasia etc., As per U.
Regional Analysis:
North America dominated the global bone growth simulator market in 2017. This is due to the presence of a large number of companies and high investment in R&D for development of novel products. Moreover, availability of reimbursement facilities for expensive devices used for orthopedic procedures is also one factor responsible for its largest share. The U.
Asia Pacific region is expected to grow at an exponential rate during the forecast period due to increasing cases related to bone degenerative diseases such as osteoporosis, which require surgical intervention, thereby driving demand for BFSs in this region.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for bone growth simulator market in the coming years.
- Rising incidence of bone fractures: The number of people suffering from bone fractures is increasing at a rapid pace and this is anticipated to boost the demand for bone growth simulator market in the near future.
- Growing awareness about benefits of using bone growth simulator: There is growing awareness among people about the benefits of using Bone Growth Simulator devices, which is likely to propel the demand for these devices in upcoming years.
- Technological advancements: With technological advancements, new and innovative Bone Growth Simulator devices are being launched in the market, which is projected to fuel the growth of this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Growth Simulator Market Research Report
By Type
Stimulation Devices, Bone Morphogenetic Proteins, Platelet-Rich Plasma
By Application
Hospital, Clinic
By Companies
Medtronic, Stryker, DePuy Synthes, Arthrex, Bioventus, TERUMO, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bone Growth Simulator Market Report Segments:
The global Bone Growth Simulator market is segmented on the basis of:
Types
Stimulation Devices, Bone Morphogenetic Proteins, Platelet-Rich Plasma
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Stryker
- DePuy Synthes
- Arthrex
- Bioventus
- TERUMO
- Medtronic
Highlights of The Bone Growth Simulator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stimulation Devices
- Bone Morphogenetic Proteins
- Platelet-Rich Plasma
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bone Growth Simulator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bone Growth Simulator is a computer program that helps people learn about bone growth and how to promote it.
Some of the major companies in the bone growth simulator market are Medtronic, Stryker, DePuy Synthes, Arthrex, Bioventus, TERUMO, Medtronic.
The bone growth simulator market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Growth Simulator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bone Growth Simulator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bone Growth Simulator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bone Growth Simulator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bone Growth Simulator Market Size & Forecast, 2018-2028 4.5.1 Bone Growth Simulator Market Size and Y-o-Y Growth 4.5.2 Bone Growth Simulator Market Absolute $ Opportunity
Chapter 5 Global Bone Growth Simulator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bone Growth Simulator Market Size Forecast by Type
5.2.1 Stimulation Devices
5.2.2 Bone Morphogenetic Proteins
5.2.3 Platelet-Rich Plasma
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bone Growth Simulator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bone Growth Simulator Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Growth Simulator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bone Growth Simulator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bone Growth Simulator Analysis and Forecast
9.1 Introduction
9.2 North America Bone Growth Simulator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bone Growth Simulator Market Size Forecast by Type
9.6.1 Stimulation Devices
9.6.2 Bone Morphogenetic Proteins
9.6.3 Platelet-Rich Plasma
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bone Growth Simulator Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bone Growth Simulator Analysis and Forecast
10.1 Introduction
10.2 Europe Bone Growth Simulator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bone Growth Simulator Market Size Forecast by Type
10.6.1 Stimulation Devices
10.6.2 Bone Morphogenetic Proteins
10.6.3 Platelet-Rich Plasma
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bone Growth Simulator Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bone Growth Simulator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bone Growth Simulator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bone Growth Simulator Market Size Forecast by Type
11.6.1 Stimulation Devices
11.6.2 Bone Morphogenetic Proteins
11.6.3 Platelet-Rich Plasma
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bone Growth Simulator Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bone Growth Simulator Analysis and Forecast
12.1 Introduction
12.2 Latin America Bone Growth Simulator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bone Growth Simulator Market Size Forecast by Type
12.6.1 Stimulation Devices
12.6.2 Bone Morphogenetic Proteins
12.6.3 Platelet-Rich Plasma
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bone Growth Simulator Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bone Growth Simulator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bone Growth Simulator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bone Growth Simulator Market Size Forecast by Type
13.6.1 Stimulation Devices
13.6.2 Bone Morphogenetic Proteins
13.6.3 Platelet-Rich Plasma
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bone Growth Simulator Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bone Growth Simulator Market: Competitive Dashboard
14.2 Global Bone Growth Simulator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Stryker
14.3.3 DePuy Synthes
14.3.4 Arthrex
14.3.5 Bioventus
14.3.6 TERUMO
14.3.7 Medtronic