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Global Electronic Bone Growth Stimulator Market (2022-2027) by Product, Application, End-Users, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 172 Pages
  • June 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635812
UP TO OFF until Dec 31st 2023

In 2022, Orthofix Medical received the US FDA pre-market approval for the AccelStim™ bone healing therapy Class III device

The Global Electronic Bone Growth Stimulator Market is estimated to be USD 511.31 Mn in 2022 and is expected to reach USD 715.13 Mn by 2027, growing at a CAGR of 6.94%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Electronic Bone Growth Stimulator Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Electronic Bone Growth Stimulator Market is segmented based on Product, Application, End-Users, and Geography.
  • By Product, the market is classified into Bone Growth Stimulation Devices, Bone Morphogenetic Proteins, and Platelet-Rich Plasma.
  • By Application, the market is classified into Neurological Surgeries, Delayed Union & Nonunion Bone Fractures, and Oral & Maxillofacial Surgeries.
  • By End-Users, the market is classified into Hospitals & ASCs, Home Care Settings, and Academic & Research Institutes.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Arthrex, Inc., DePuy Synthes, Medtronic PLC, Sino Biological Inc., Stryker Corp., Thermo Fisher Scientific, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Electronic Bone Growth Stimulator Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Electronic Bone Growth Stimulator Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Electronic Bone Growth Stimulator Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Electronic Bone Growth Stimulator Market

What is the estimated value of the Global Electronic Bone Growth Stimulator Market?

The Global Electronic Bone Growth Stimulator Market was estimated to be valued at $511.31 Million in 2022.

What is the growth rate of the Global Electronic Bone Growth Stimulator Market?

The growth rate of the Global Electronic Bone Growth Stimulator Market is 6.9%, with an estimated value of $715.13 Million by 2027.

What is the forecasted size of the Global Electronic Bone Growth Stimulator Market?

The Global Electronic Bone Growth Stimulator Market is estimated to be worth $715.13 Million by 2027.

Who are the key companies in the Global Electronic Bone Growth Stimulator Market?

Key companies in the Global Electronic Bone Growth Stimulator Market include Arthrex, Inc., Bioventus LLC, DePuy Synthes, DJO Global, Smith & Nephew PLC, Medtronic PLC, Merck Group, Orthofix Medical Inc., Ossatec BeNeLux B.V. and Sino Biological Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Incidence of Trauma, Road Accidents, and Associated Injuries
4.1.2 Growing Geriatric Population Worldwide
4.1.3 Rising Prevalence of Orthopedic Disorders such as Osteoarthritis and Arthritis
4.2 Restraints
4.2.1 Stringent Regulatory Framework
4.2.2 High Treatment Costs Associated with BMP And PRP Products
4.3 Opportunities
4.3.1 Rapid Technological Advancements in Bone Stimulation Devices
4.3.2 Ongoing Awareness and Demand in Emerging Economies
4.4 Challenges
4.4.1 Probable Product Recalls
4.4.2 Limited Clinical Evidence to Support the Therapeutic Efficacy of Bone Growth Stimulators
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Electronic Bone Growth Stimulator Market, By Product
6.1 Introduction
6.2 Bone Growth Stimulation Devices
6.2.1 External Bone Growth Stimulator
6.2.2 Ultrasonic Bone Growth Stimulator
6.2.3 Implanted Bone Growth Stimulators
6.3 Bone Morphogenetic Proteins
6.4 Platelet-Rich Plasma
7 Global Electronic Bone Growth Stimulator Market, By Application
7.1 Introduction
7.2 Neurological Surgeries
7.3 Delayed Union & Nonunion Bone Fractures
7.4 Oral & Maxillofacial Surgeries
8 Global Electronic Bone Growth Stimulator Market, By End-Users
8.1 Introduction
8.2 Hospitals & ASCs
8.3 Home Care Settings
8.4 Academic & Research Institutes
9 Americas’ Electronic Bone Growth Stimulator Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Electronic Bone Growth Stimulator Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Electronic Bone Growth Stimulator Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Electronic Bone Growth Stimulator Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Arthrex, Inc.
14.2 Bioventus LLC
14.3 DePuy Synthes
14.4 DJO Global
14.5 Smith & Nephew PLC
14.6 Medtronic PLC
14.7 Merck Group
14.8 Orthofix Medical Inc.
14.9 Ossatec BeNeLux B.V.
14.10 Sino Biological Inc.
14.11 Stryker Corp.
14.12 Terumo BCT, Inc.
14.13 Thermo Fisher Scientific, Inc.
14.14 ZimVie
14.15 Xtant Medical Holdings, Inc.
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Arthrex, Inc.
  • Bioventus LLC
  • DePuy Synthes
  • DJO Global
  • Smith & Nephew PLC
  • Medtronic PLC
  • Merck Group
  • Orthofix Medical Inc.
  • Ossatec BeNeLux B.V.
  • Sino Biological Inc.
  • Stryker Corp.
  • Terumo BCT, Inc.
  • Thermo Fisher Scientific, Inc.
  • ZimVie
  • Xtant Medical Holdings, Inc.