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(Medical-NewsWire.com, September 26, 2018 ) According to Data Bridge Market Research new Market report Global Bone Growth Stimulator Market, By Product (Device, Boner Morphogenetic Protein, PRP);Application (Spinal Fusion, Delay Union & Non-union Bone Fracture, Oral-maxillofacial); End User (Hospitals, Home Care, Academia, CROs);Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Trends and Forecast to 2024, the global bone growth stimulator market accounted to USD 1.01 billion in 2016 at a CAGR of 5.70% during the forecast period of 2017 to 2024.
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Key Market Points : Global Bone Growth Stimulator Market
Bone Growth Stimulator Market is basically driven by the factors such as increasing growthof aged population and rise of chronic diseases such as diabetes, obesity, smoking and many more which creates more delays in the bone healing process after surgery. For instance, according to World Health Organization, in 2014, more than 1.9 billion adults in the age bracket of 18 and above were overweight of which 600 million people were obese and it was 688 million in the age group from 60 and above and is projected to grow to almost 2.0 billion by 2050.
Due to the rising prevalence of non-invasive treatment, which is considered as a conservative process and is also preferred by people, is increasing the growth for this market. Another factor such as increasing use of bone growth stimulator product by the sports medicine industry and rise in disposable income are also fueling up the demand for this market.
North America held the largest market share in 2016 followed by the Europe whereas APAC region is expected to witness the highest CAGR due to the rising awareness and healthcare investments along with modernization as well as formulation of different new methods.
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Market Segmentation : Global Bone Growth Stimulator Market
The global bone growth stimulator market is segmented on the basis of product, applications, and end user.
Product
o Devices
o Boner morphogenetic protein
o PRP
Application
o Spinal Fusion
o Delayed Union and Non Union Bone Fractures
o Oral Maxillofacial
End users
o Hospitals
o Home care
o Academia
o CROs
Geographical Segmentation : Global Bone Growth Stimulator Market
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Competitive Landscape : Global Bone Growth Stimulator Market
The Global Bone Growth Stimulator Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America bone growth stimulator market.
Some of the major players of the bone growth stimulator market are
Orthofix Holdings, Inc.,
Bioventus,
DJO Finance LLC,
Medtronic,
Zimmer Biomet,
Ossatec Benelux BV,
IGEA S.p.A.,
Stryker,
Arthrex, Inc.,
DePuySynthes Companies,
elizur corporation,
Isto Biologics,
Ember Therapeutics,
Altis Biologics,
Regen Lab,
SA.,
Verve Consulting,
Smith & Nephew Plc.,
Harvest Technologies Corporation
Aetna, Inc. among others.
Report Access: https://databridgemarketresearch.com/reports/global-bone-growth-stimulator-market/
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Email: sopan.gedam@databridgemarketresearch.com
Data Bridge Market Research
Data Bridge Market Research
+1-888-387-2818
sopan.gedam@databridgemarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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