Bone Growth Stimulators Market Revenue to Cross US$ 2.6

Pune, Oct. 07, 2022 (GLOBE NEWSWIRE) — The global bone growth stimulators market is expected to clock US$ 2.6 billion by 2030. The global bone growth stimulators market is driven by the increasing geriatric population, growing prevalence of orthopedic diseases, and rising cases of sports injuries. Additionally, the introduction of novel products and a growing number of players are contributing to the growth of the global bone growth stimulators market.

Bone growth stimulators induce the healing factor of bone and shorten the bone healing time by using external electromagnetic waves or ultrasound, which transfer shock waves to the bone. Bone growth stimulators are primarily used in spinal injury, sports injury, and trauma. These injuries take a long time to heal, or sometimes after healing, pain is still there, which blocks regular body movements.

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Growth Drivers

One of the major factors driving the global bone growth stimulators market is the growing geriatric population. Aging is linked to various cellular and molecular conditions that cause physical and mental abilities to deteriorate over time. It also impacts bone strength and density, wherein bones become less flexible and stiffer, joints become more fragile, and body posture shifts. This makes the geriatric population more prone to fractures, ligament injuries, rheumatoid arthritis, osteoarthritis, and joint pain. The World Health Organization reported in 2020 that the people of those over the age of 60 is nearly one billion and will grow to 1.4 billion by 2021. It is expected to reach about 2 billion by 2050.

The global bone growth stimulators market has been analyzed from four different perspectives – Product, Application, End User, and Region

Excerpts From ‘by Product’

Based on product, the global bone growth stimulators market has been segmented into:

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