Infinium Global Research Electronic Bone Growth Stimulator Market | Page 2
Electronic Bone Growth Stimulator Market: Trends and Forecast -2024
The Infinium Global Research analyzes the report of Electronic Bone Growth
Stimulator Market over the period of 2018 to 2024. This report also provides
detailed qualitative and quantitative analyses of the market dynamics, market size
and future trends in Global Electronic Bone Growth Stimulator Market. It will help a
lot of decision makers to develop strategies and find new opportunities in the
Global markets of Electronic Bone Growth Stimulator.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Electronic Bone Growth Stimulator Market during the said period. The report also
provides market attractiveness analysis, by geography, and market share analysis,
by key players respectively. Some of the prominent participants in the Global
Electronic Bone Growth Stimulator Market are Zimmer Biomet, Ossatec, Exogen,
Bioventus LLC, Orthofix International, DJO Global, Medtronic, Stryker, Terumo BCT
and Arthex, Inc. According to report the global electronic bone growth stimulator
market is projected to grow at a CAGR of 4.18% over the forecast period of 2018-
2024.
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Bone Growth Stimulator (BGS) is an electrical device used in the medical industry
for the healing process of a fracture. BGS enhances this process by stimulating the
production of new cells by applying the proper amount of electrical energy to the
bone, allowing the fracture to heal considerably faster. Stimulators are commonly
used for hard-to-treat fractures, non-unions, and poorly healing stress fractures of
the scaphoid, distal tibia, femur, humerus, and fifth metatarsal shaft. The bone
growth stimulating results in an enhanced osteogenic environment with
calcification and mineralization of the fibrocartilage, repairs the fracture site and
increases vascularity.
The rise in obesity and the increase in a number of orthopedic injuries are the
major driving factors for the growth of bone growth stimulator market. The rise in
non-invasive medical practices to enhance the success of the bone grafting
procedures and low risk of adverse effects are also expected to boost the demand
for BGS. The complication rates in BGS are low as compared to other invasive
medical treatment methods. The rapid rise in motor vehicle users also results in a
considerable rise in road accidents leading to spinal injuries thus eventually
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