Bone Growth Stimulators Market

1
The Global Bone Growth Stimulators Market is
likely to gain traction from recent advancements
in tissue regeneration and healing. According to
a report by Fortune Business Insights, titled
Bone Growth Stimulators Market Size, Share and
Global Trend By Product Type (Bone Growth
Stimulation Devices, Bone Morphogenetic Proteins
(BMP), Platelet-Derived Growth Factor (PDGF)),
By Application (Spinal Fusion, Maxillofacial
Dental, Non-union and Union Bone Fractures), By
End User (Hospitals, Ambulatory Surgical Centers,
Specialty Clinics, Home Care), and Geography
Forecast till 2026, the market was valued at US
1,837.2 Mn in 2018. Fortune Business Insights
further states that this market will be valued at
US 2,624.8 Mn by the end of 2026, thereby
exhibiting a CAGR of 4.6. Request Sample Copy
at https//www.fortunebusinessinsights.com/enquiry
/sample/bone-growth-stimulators-market-100161 Lo
ng Awaited FDA Approval for Orthfixs PhysioStim
Has Encouraged Market Competitors In 2018,
Orthofix announced that it has received FDA and
CE mark approvals for its PhysioStim bone growth
stimulators. PhysioStim offered tissue
regeneration and recombining without the need to
undergo surgical procedures. The FDA approval for
PhysioStim and other such products have
encouraged other market players to come up with
their own products and improve existing methods.
Such drug approvals have a positive impact on the
global bone growth stimulators market and is
likely to favour growth of this market in the
forecast period. Conventional bone growth
stimulators were mostly manufactured using
patented drugs. Most of the stimulators were
manufactured with the help of very few drug
options. But in recent years, newer drugs have
been approved for manufacturing and study of bone
growth stimulators. Electrical and Magnetic Field
Concept to Boost Operation of Bone Growth
Stimulators The combined magnetic field (mf)
concept was hugely beneficial for spinal fusion.
Magnetic Field (MF) is used for pre-processing
of osteogenesis, where-in tissue regeneration and
growth is initiated. Electrical bone growth
stimulation is used in patients with bone healing
problems. They supplement tissue regeneration
which stimulate the spinal fusion and bone
growth. Electrical bone growth stimulators play
a major part in spinal fusion among patients who
possess a higher grade of disorders or in
serious cases. Thus, the drawbacks of normal
spinal fusion are overcome by electrical and
magnetic bone growth stimulators. The benefits of
these concepts have a positive impact on the
global bone growth stimulators market and is
likely to drive the market in the forthcoming
years. Increasing Investment in Research and
Development to Boost the Market
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The growing investments in research and
development of bone growth stimulators is
boosting the global market. With increasing
awareness about the need for early diagnosis of
disorders such as spondylitis and other spinal
diseases, there has been a growing emphasis on
the research and development of drugs related to
bone growth stimulation. Furthermore, to aid
geriatric population, governments across the
world have been putting in more efforts to
improve health reimbursement policies. The
aforementioned factors are likely to favour the
growth of the global bone growth stimulators
market in the forecast period. Browse Complete
Report Details at https//www.fortunebusinessinsig
hts.com/industry- reports/bone-growth-stimulators
-market-100161 Some of the leading companies
that are operating in the global bone growth
stimulators market are Zimmer Biomet, Stryker,
Medtronic, Wright Medical Group N.V., Orthofix
Holdings, Inc., Prospec-Tany Technogene
Ltd.,Elizur Corporation, Bioventus Ossatec,
Benelux BV, and IGEA S.p.a. About Us Fortune
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