Global Bone Growth Stimulators Market Size was valued nearly USD 1.04 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.76% during the forecast period that is 2017-2025. The market growth witnessing significant growth because of increasing number of accident cases, bone grafting, rising prevalence of arthritis due to aging and obesity and increase number of spinal and orthopedic surgeries. These are the major factors will drive the product demand during the forecast timespan which is 2017 to 2025.

Global Bone Growth Stimulators Market Size, Share Analysis, By Region 2017

Bone Growth Stimulators Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Bone Growth Stimulators Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in bone growth stimulators market are included as primary sources of the supply side.

After performing comprehensive engineering of bone growth stimulators market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been lcarried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Regional Analysis

North America led the global market with the largest growth rate in terms of revenue in 2017 and is projected to show its continue dominance over the forecast period in terms of revenue share due to high prevalence of osteoporosis or vertebral fractures. Increasing accidental cases, advanced healthcare infrastructure and growing in prevalence of osteoporosis and VCFs has led to a rise in demand for bone growth stimulators used for enhanced healing, which is drive market growth in coming years. The U.S. bone growth stimulators market will contribute significant growth and to be fastest growing economy throughout the forecast period that is 2017 to 2025. Europe is projected to second largest market for bone growth stimulators because of high demand for innovative therapies for chronic diseases and local presence of leading medical device manufacturers.

In the global market Asia Pacific was the largest shareholder and generated more than half of the demand in overall global market in 2018 and region is expected to exhibit highest CAGR during the forecast period increasing number of accident cases, bone grafting and government highly investing in healthcare infrastructure sector. In additional the emerging economies such as China and India projected to boost the demand in coming years due to high demand for innovative therapies for chronic diseases and local presence of leading medical device manufacturers.

Key Players Landscape

Some of the big companies operating in the global industry include Orthofix Holdings, Inc.; Medtronic; Zimmer Biomet; DJO Global, Inc; Bioventus LLC; Stryker; DePuy Synthes; Arthrex, Inc.; Isto Biologics; and Terumo BCT, Inc. Major manufacturers provide advanced products through strong distribution channels across the globe.

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