The global electronic bone growth stimulators market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing prevalence of orthopedic disorders and rising demand for minimally invasive surgeries. Bone growth stimulators are devices that are used in orthopedic surgeries to stimulate bone growth and healing process. These devices are used in various surgical procedures such as neurological surgeries, oral surgeries, and non-union fractures. Bone morphogenetic proteins (BMP) and platelet-rich plasma (PRP) are two types of bone growth stimulators which have been widely adopted by surgeons due to their effectiveness in stimulating the healing process of bones. BMPs stimulate the production of new cells while PRPs help in repairing damaged tissues through blood clotting process. North America dominated the global electronic bone growth stimulator market with a share of over 40% owing to high adoption rates among surgeons for minimally invasive procedures coupled with increasing awareness about these devices among patients who prefer them over traditional methods like surgery or casting due to their less painful nature and shorter recovery time periods. Europe followed North America with a share close to 30%. Asia Pacific is expected to witness significant gains during the forecast period owing mainly due its large population base which will lead it towards higher adoption rates for these devices across various surgical procedures including neurological surgeries, oral surgeries, and non-union fractures.
Some Of The Growth Factors Of This Market:
- In addition, the growing geriatric population base in developed countries such as North America and Europe is also expected to fuel demand for BGS devices over the forecast period.
- Furthermore, technological advancements in BGS devices are anticipated to provide better treatment options for patients with bone-related diseases such as osteoporosis and arthritis which will further augment market growth over the next few years .
Industry Growth Insights published a new data on “Electronic Bone Growth Stimulators (BGS) Market”. The research report is titled “Electronic Bone Growth Stimulators (BGS) Market research by Types (Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP)), By Applications (Neurological Surgeries, Oral Surgeries, Non-unison Fractures), By Players/Companies Zimmer Biomet, Ossatec, Exogen, Bioventus, Orthofix International, Djo Global, Medtronic, Stryker, Terumo Bct, Arthex”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Bone Growth Stimulators (BGS) Market Research Report
By Type
Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP)
By Application
Neurological Surgeries, Oral Surgeries, Non-unison Fractures
By Companies
Zimmer Biomet, Ossatec, Exogen, Bioventus, Orthofix International, Djo Global, Medtronic, Stryker, Terumo Bct, Arthex
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Bone Growth Stimulators (BGS) Market Report Segments:
The global Electronic Bone Growth Stimulators (BGS) market is segmented on the basis of:
Types
Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP)
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
Neurological Surgeries, Oral Surgeries, Non-unison Fractures
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:
- Zimmer Biomet
- Ossatec
- Exogen
- Bioventus
- Orthofix International
- Djo Global
- Medtronic
- Stryker
- Terumo Bct
- Arthex
Highlights of The Electronic Bone Growth Stimulators (BGS) 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:
- Bone Growth Stimulation Devices
- Bone Morphogenetic Proteins (BMP)
- Platelet-Rich Plasma (PRP)
- By Application:
- Neurological Surgeries
- Oral Surgeries
- Non-unison Fractures
- 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 Electronic Bone Growth Stimulators (BGS) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electronic Bone Growth Stimulators (BGS) are devices that use electrical currents to stimulate the growth of bone. They are used to treat conditions such as osteoporosis and fractures.
Some of the key players operating in the electronic bone growth stimulators (bgs) market are Zimmer Biomet, Ossatec, Exogen, Bioventus, Orthofix International, Djo Global, Medtronic, Stryker, Terumo Bct, Arthex.
The electronic bone growth stimulators (bgs) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Bone Growth Stimulators (BGS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Bone Growth Stimulators (BGS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Bone Growth Stimulators (BGS) Market - Supply Chain
4.5. Global Electronic Bone Growth Stimulators (BGS) Market Forecast
4.5.1. Electronic Bone Growth Stimulators (BGS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Bone Growth Stimulators (BGS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Bone Growth Stimulators (BGS) Market Absolute $ Opportunity
5. Global Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Type
5.3.1. Bone Growth Stimulation Devices
5.3.2. Bone Morphogenetic Proteins (BMP)
5.3.3. Platelet-Rich Plasma (PRP)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
6.3.1. Neurological Surgeries
6.3.2. Oral Surgeries
6.3.3. Non-unison Fractures
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Bone Growth Stimulators (BGS) Demand Share Forecast, 2019-2026
9. North America Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
9.4.1. Neurological Surgeries
9.4.2. Oral Surgeries
9.4.3. Non-unison Fractures
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Type
9.7.1. Bone Growth Stimulation Devices
9.7.2. Bone Morphogenetic Proteins (BMP)
9.7.3. Platelet-Rich Plasma (PRP)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Bone Growth Stimulators (BGS) Demand Share Forecast, 2019-2026
10. Latin America Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
10.4.1. Neurological Surgeries
10.4.2. Oral Surgeries
10.4.3. Non-unison Fractures
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Type
10.7.1. Bone Growth Stimulation Devices
10.7.2. Bone Morphogenetic Proteins (BMP)
10.7.3. Platelet-Rich Plasma (PRP)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Bone Growth Stimulators (BGS) Demand Share Forecast, 2019-2026
11. Europe Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
11.4.1. Neurological Surgeries
11.4.2. Oral Surgeries
11.4.3. Non-unison Fractures
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Bone Growth Stimulators (BGS) Market Siz and Volume Forecast by Type
11.7.1. Bone Growth Stimulation Devices
11.7.2. Bone Morphogenetic Proteins (BMP)
11.7.3. Platelet-Rich Plasma (PRP)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Bone Growth Stimulators (BGS) Demand Share, 2019-2026
12. Asia Pacific Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
12.4.1. Neurological Surgeries
12.4.2. Oral Surgeries
12.4.3. Non-unison Fractures
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Type
12.7.1. Bone Growth Stimulation Devices
12.7.2. Bone Morphogenetic Proteins (BMP)
12.7.3. Platelet-Rich Plasma (PRP)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Bone Growth Stimulators (BGS) Demand Share, 2019-2026
13. Middle East & Africa Electronic Bone Growth Stimulators (BGS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Bone Growth Stimulators (BGS) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Application
13.4.1. Neurological Surgeries
13.4.2. Oral Surgeries
13.4.3. Non-unison Fractures
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Bone Growth Stimulators (BGS) Market Size and Volume Forecast by Type
13.7.1. Bone Growth Stimulation Devices
13.7.2. Bone Morphogenetic Proteins (BMP)
13.7.3. Platelet-Rich Plasma (PRP)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Bone Growth Stimulators (BGS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Bone Growth Stimulators (BGS) Market: Market Share Analysis
14.2. Electronic Bone Growth Stimulators (BGS) Distributors and Customers
14.3. Electronic Bone Growth Stimulators (BGS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zimmer Biomet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ossatec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Exogen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bioventus
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Orthofix International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Djo Global
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medtronic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stryker
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Terumo Bct
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Arthex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook