Bone Growth Stimulator, A New Alternative Therapy Gives Hopes To Bone Disease Sufferers, says Market.us
Bone growth stimulation has been a popular alternative therapy in recent years. It is used to stimulate bone growth and promote bone healing. Bone stimulators can be used to treat fractures that have not healed on their own.
Bone growth stimulator gadgets are medical devices that speed up the healing of fractures in the event of failure or delay. Patients are given electric shocks to speed up healing. Many bone growth stimulators are on the market, including bone morphogenetic protein, platelet-rich plasma, and bone growth stimulation devices. There are three types: pulsed electromagnetic fields, capacitive coupling, and combined magnet field devices.
According to Market.us,” The Bone Growth Stimulator market was valued at approximately USD 1258 million in 2020 and is expected to witness a revenue of USD 2296.7 million in 2026, with a CAGR of 6.2% over the forecast period.”
Gaurav Yadav, a senior research analyst at Market.us, said,” The major factors driving the growth of the global market for bone growth stimulators are an increase in geriatric populations, increase in fractures and accidents, the rise of arthritis, surge in cases of diabetes and other medical conditions like obesity and renal disease, and rise of patients’ inclination toward minimally invasive and non-invasive surgical treatment options.”
The Bone Growth Stimulator device stimulates bone healing by sending low-level pulses of electromagnetic energy to the site of injury or fusion. Patients with certain comorbidities, such as diabetes or smoking addiction, can benefit from a bone growth stimulator.
As sports injuries and bone fractures are on the rise, so is the need for bone growth stimulators around the world. Orthopedic surgery has been positively affected by bone growth stimulation devices. Numerous clinical studies have been conducted on bone morphogenetic proteins to assess their market potential.
These simulators are widely used in many areas, including spinal fusion, dental and maxillofacial surgery, fracture repair, as well as spinal fusion. Market growth is also being driven by the rising incidence of osteoarthritis and degenerative bone diseases. The market is expected to grow due to increased demand and adoption of bone morphogenetic protein and platelet-rich plasma factor, which have better healing results.
Other factors contributing to the growth of the bone growth stimulators’ market include increased awareness among patients about bone stimulation devices, the procedural benefits offered by bone stimulation devices in the treatment of bone fractures and orthopedic diseases, technological advances in bone growth stimulators, and an increase in the adoption rate by both patients as well as prescribers.
These simulators are being used to boost market growth because of the increasing incidence of bone diseases in certain regions of the world. Osteoporosis, one of the most common causes of fractures in the world, is a leading cause. It is estimated that the condition causes more than 8.9 million fractures each year, which affects 75 million people in Japan, Europe, and the U.S. The market for bone growth stimulators will continue to grow due to the increasing prevalence of these conditions and the rapid development of high-tech products that can be used to treat them. The market will also be supported by the growing number of oral and maxillofacial surgeries around the world.
The global bone growth stimulator market will experience significant growth over the forecast period. This can be attributed to growing geriatric populations and increasing incidences of bone disorders along with accidental injuries.
The market is expected to grow due to the increasing prevalence of diabetes-like conditions, arthritis, and other medical conditions such as obesity and vascular disease.
The market has seen significant growth due to technological advances in bone growth stimulators and increasing adoption rates by patients and healthcare professionals. Growing Prevalence of Bone Diseases
The increasing incidence of bone diseases around the world due to the growing population is expected to drive lucrative growth over the forecast period.
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