Bone Growth Stimulator Market Overview:
Bone growth stimulators or BGSs are supplemental devices that are worn after a lumbar (low back) or cervical (neck) spine surgery. Bone growth stimulators can be used to assist spinal bone fuse after a failed fusion procedure. Bone growth stimulation for the cervical and lumbar spine has significant benefits after a fusion procedure. Various doctors recommend BGS for post-operative lumbar and cervical cases. A bone growth stimulator sends low intensity electrical signals to the site of fusion. These electrical signals trigger natural bone healing process of the body, which are sometimes impaired in surgery patients. The global demographic scenario is quite diverse. For instance, India is a country with more than half of the population in the youth bracket, whereas China and the U.S. have the maximum geriatric population. Bone growth stimulators have observed an implausible demand in the past few years. The early development of BGS began in the U.S. and the innovation in technology has made developed and sophisticated products to enter the market.
According to the International Osteoporosis Foundation, osteoporosis causes around 8.9 million fractures per year that is around one osteoporotic fracture every 3 seconds. Moreover, osteoporosis is expected to affect around 200 million women worldwide. Around 80%, 75%, 70% and 58% of forearm, humerus, hip and spine fractures, respectively, affects women. A fracture, especially in the spinal cord requires bone surgery. Out of these surgeries, a significant number of patients will need bone growth stimulators due to steady recovery. This in turn will drive the growth of the overall bone growth stimulator market during the forecast period.
Fill the form for an exclusive sample of this report @ https://www.coherentmarketinsights.com/insight/request-sample/225
Bone growth stimulator market Taxonomy
On the basis of the type of product, the global bone growth stimulator market is classified into:
Pulsed Electromagnetic Field (PEMF) Devices
Capacitive Coupling (CC) Devices
Combined Magnetic Field (CMF) Devices
Ultrasound Bone Growth Stimulators Surgical Devices
Invasive Electrical Bone Growth Stimulators
On the basis of the type of application, the global market is classified into:
Some of the factors are ascending as a result of the growth of the health care sector. Nonetheless, a variety of factors such as uncertainty about efficacy, and availability of alternative therapies may hinder the growth of the overall market.
Request to viewTable of content @ https://www.coherentmarketinsights.com/ongoing-insight/toc/225
Increasing prevalence of vertebral fractures, especially in the geriatric population
According to the International Osteoporosis Foundation, the number of vertebral fractures is 45% in North America and 46% in Latin America. After a surgery for a vertebral fracture, there is a high risk of requiring hospitalization for another fracture in the following years. To decrease the morbidity rates in patients with a history of bone surgeries, bone growth stimulators are used extensively. As the number of cases is increasing at an alarming rate, so is the need for bone growth stimulators. This will stimulate the growth of the global bone growth stimulator.
As per the International Osteoporosis Foundation, white women aged 50 years, at 16% lifetime risk of a vertebral fracture. The staggering percentage of the population with risk of vertebral fracture over the age of 50 will be responsible for increased number of bone surgeries, thereby augmenting the growth of bone growth stimulators. By geography, North America is likely to dominate the bone growth stimulus industry. Western Europe wants to follow North America in terms of market share. Availability of advanced public health systems and subsidies,
Orthodontics, NV, Aetna Inc., Smith & Nephew, Biomet Holdings Inc., Ossatec Benelux BV, Elizur, Bioventus LLC, Orchid Medical, IGEA SpA, and Verve Consulting Inc.
Coherent Market Insights is a prominent market research and consulting company offering comprehensive, comprehensive, and market-oriented analysis, consulting, and consulting services
Coherent Market Insights
1001 4th Ave,
# 3200
Seattle, WA 98154
E-mail: sales@coherentmarketinsights.com