Bone Growth Stimulators Market Trends 2023: Projected to Surpass USD 3.3 Billion by 2030, Claims AMR
The bone growth stimulators market size was valued at $2.0 billion in 2020, and is estimated to reach $3.3 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.
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KEY FINDINGS OF STUDY
- On the basis of product, the bone growth stimulation devices segment held 51.6% share in the global market in 2020.
- By application, the spinal fusion surgeries segment held largest market share in 2020, and is expected to remain dominant throughout the forecast period.
- On the basis of distribution channel, the hospitals and clinics segment exhibits the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
- On the basis of region, North America is expected to experience largest market share during the forecast period. This was attributed to higher adoption of bone growth stimulator products, large presence of medical device companies, well developed healthcare infrastructure, and wide availability of bone growth stimulators drugs.
Bone Growth Stimulators Market Players-
- ZIMMER BIOMET HOLDINGS
- Essex Woodlands Healthcare Partners (Bioventus LLC)
- Arthrex
- Terumo Corporation
- JOHNSON and JOHNSON
- IGEA Pharma
- THERAGEN ETEX CO., LTD
- Manamed Inc
- Isto Biologics
- MEDTRONIC PLC.
- Orthofix Medical Inc.
- Colfax Corporation (DJO Global)
- STRYKER CORPORATION
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Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bone growth stimulators market analysis from 2020 to 2030 to identify the prevailing bone bone growth stimulators market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porterβs five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the bone growth stimulators market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global bone growth stimulators market trends, key players, market segments, application areas, and market growth strategies.
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