Overview
Global Bone Growth Stimulators Market reached US$ YY million in 2022 and is expected to reach US$ YY million by 2030, growing at a CAGR of YY% during the forecast period 2023-2030.
Bone growth stimulators are a non-invasive tool to enhance natural bone healing and help you recover from your fracture or surgery faster. Bone growth stimulator sends more energy to the healing bone surface through either pulsed electromagnetic or ultrasound waves, which helps the bone heal more quickly. These devices promote faster natural healing in fractures that may be slow to heal on their own.
Market Dynamics: Drivers & Restraints
Rising incidence of bone and joint disorders
The increasing number of joint and bone disorders is expected to drive the market growth in the forecast period. The geriatric population is experiencing an increased number of bone disorders such as osteoporosis, arthritis, and fractures that increase the use of bone growth stimulators.
For instance, according to the report published by the National Institute of Health (NIH), it is estimated that each year an estimated 1.5 million individuals suffer a fracture due to bone disease. The risk of a fracture increases with age and is greatest in women. Roughly 4 in 10 White women age 50 or older in the United States will experience a hip, spine, or wrist fracture sometime during the remainder of their lives.
Additionally, one in 3 females and 1 in 5 males over the age of 50 will have an osteoporotic fracture. Areas of the world with less vitamin D through sunlight than regions closer to the equator have higher fracture rates in comparison to people living at lower latitudes. Thus, the above factors are expected to drive the market growth.
Restraint
High cost of the devices and technique
The high cost of the treatment as well as the devices are expected to hinder the market growth. This technology is expensive and costs range from $500-$5000. The cost of the device and technique varies from the site of manufacturing and the complexity of the condition.

Segment Analysis
The global bone growth stimulators market is segmented based on product, application, end-user and region.
Implanted Bone Growth Stimulators accounted for 56.4% of the market share
The implanted bone growth stimulators segment is expected to hold a dominant position in the market growth. During the spinal fusion procedure, an internal bone growth stimulator is placed. The tiny device is placed in a soft tissue pocket beneath the skin in the lower back, close to the side of the spine. It directly applies tiny electrical currents to the part of the spine that will undergo bone growth or spine fusion.
An implanted stimulator is independent of the spine surgeon’s approach selection for the spine fusion operation and can be utilized in conjunction or isolation with other fusion-related devices, such as a cage or pedicle screws. Depending on the patient’s and surgeon’s preferences, the implanted device may be removed when its useful life is coming to an end. Thus, the huge applications of the devices are expected to hold a dominant position in the market share.

Geographical Analysis
North America is expected to hold a significant position in the global bone growth stimulators market share
North America is expected to hold a dominant position in the market share owing to the increasing technological advancements in medical devices, the increasing geriatric population, and an increasing number of bone disorders that increase the demand for bone growth stimulators in the region.
Increase in the demand for minimally invasive tools and procedures in the region also acts as a driving factor of the market growth. The increasing manufacturing of the devices in the region also plays an important role in the market growth.
For instance, in 2022, Orthofix Medical Inc. received the U.S. Food and Drug Administration (FDA) pre-market approval for the AccelStim bone healing therapy Class III device.
Additionally, in August 2022, Theragen received U.S. Patent acknowledging its innovative approach to the development of the ActaStim-S Spine Fusion Bone Growth Stimulator system. Thus, many factors are expected to drive the market growth in the region.

COVID-19 Impact Analysis
COVID-19 has had a significant impact on the bone growth stimulators. The onset of lockdown has led to the disruption of the supply chain of medical devices and many manufacturing units have been closed due to the lockdown. The reduced diagnostic procedures, and treatments and the shutdown of the non-essential medical services have impacted the market growth.
Market Segmentation
By Product

  • Implanted Bone Growth Stimulators
  • Ultrasonic Bone Growth Stimulators
  • External Bone Growth Stimulators


o Combined Magnetic Field (CMF) Devices
o Pulsed Electromagnetic Field (PEMF) Devices
o Capacitive Coupling (CC) Devices

  • Others


By Application

  • Spinal Fusion Surgeries
  • Oral and Maxillofacial Surgeries
  • Delayed Union & Nonunion Bone Fractures
  • Others


By End-User

  • Hospitals & Clinics
  • Orthopedic Centers
  • Others


By Region

  • North America


o U.S.
o Canada
o Mexico

  • Europe


o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe

  • South America


o Brazil
o Argentina
o Rest of South America

  • Asia-Pacific


o China
o India
o Japan
o Australia
o Rest of Asia-Pacific

  • Middle East and Africa



Competitive Landscape
The leading companies with a significant market share include Kinex Medical Company, LLC, VQ OrthoCare, DJO, LLC, Ito Co., Ltd., SIG Orthopaedic, Elizur, OssaTechnics, ZimVie Inc., Orthofix US LLC., and IGEA S.p.A. among others.
Why Purchase the Report?

  • To visualize the global bone growth stimulators market segmentation based on product, application, end-user and region as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development.
  • Excel data sheet with numerous data points of bone growth stimulators market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.


The global bone growth stimulators market report would provide approximately 61 tables, 59 figures, and 180 Pages.
Target Audience 2023

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies