Global Bone Growth Stimulator Market Expected to Reach USD 3.4 Billion by 2033 - IMARC Group

December 02, 2024 | Healthcare

Global Bone Growth Stimulator Market Statistics, Outlook and Regional Analysis 2025-2033

The global bone growth stimulator market size was valued at USD 2.2 Billion in 2024, and it is expected to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.8% from 2025 to 2033.

Bone Growth Stimulator Market

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The global bone growth stimulator market is witnessing robust growth, driven by the rising cases of bone-related illnesses such as osteoporosis and osteoarthritis, which is increasing the risk of fractures and surging the demand for effective treatment alternatives. According to the Centers for Disease Control and Prevention (CDC), osteoporosis affects approximately 12.6% of the U.S. population aged 50 and above, with a higher prevalence of 13.1% in women between 50 and 64 years, whereas 27.1% in women over 65 years of age. This growing patient population emphasizes the need for bone growth stimulators to improve healing processes, strengthening the market share. Additionally, the aging global population is contributing to the market expansion, as elderly individuals are inherently more liable to bone fractures and degenerative bone issues. The World Health Organization (WHO) projects that by 2050, the global population aged 60 years and older will reach 2 billion, indicating a substantial increase in the elderly population. This factor has increased the demand for novel therapeutic solutions to address bone health problems across the globe, thereby providing an impetus to the market growth.

Simultaneously, ongoing technological advancements in devices related to bone growth stimulation, including non-invasive and minimally invasive (MI) ones, are supporting the growth of the market. In addition, ongoing innovations, for instance, pulsed electromagnetic field devices and low-intensity pulsed ultrasound (LIPUS) stimulators, offer alternative options against conventional surgical treatments that prove to be attractive to both patients and healthcare providers, pushing the market growth further ahead. Besides this, the exponential surge in number of sports-related injuries and car accidents is acting as another significant growth-inducing factor for bone growth stimulators, as these devices allow for faster recovery and better outcomes. According to the WHO, between 20 million and 50 million people suffer non-fatal injuries in road accidents, leading to fractures and injuries that require effective treatment options, highlighting the need for efficient bone healing solutions. In addition, the patient as well as the health-care provider level of awareness on the benefit of bone growth stimulators, for example, faster healing with less complication, has increased rapid adoption rate to make their demand in the market higher. Apart from this, favorable reimbursement policies and insurance coverage for bone growth stimulation therapies in numerous countries are making these treatments more accessible to a larger patient population, thereby propelling the market forward.

Global Bone Growth Stimulator Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share on account of ongoing technological advancements, well-established healthcare infrastructure, and stringent regulatory frameworks for medical devices.

North America Bone Growth Stimulator Market Trends:

The growing number of orthopedic surgeries, specifically spinal fusion procedures are propelling the market in North America. According to ASA, over 4000,000 spinal fusion procedures are conducted annually in the United States. In addition, the growing rate of diabetes accelerates the need for efficient bone development therapy, which impairs the process of healing. According to the CDC, 38.4 million people suffer from diabetes, and Americans account for 11.6% of all people. As a result, the demand in the area is a derivative of various needs for bone growth stimulators and advancement in the region of medical technology, which is propelling the market demand.

Asia-Pacific Bone Growth Stimulator Market Trends:

The demand for bone growth stimulators in the Asia Pacific region is mainly impelled by the increasing fracture incidences from road accidents and health infrastructure growth. This is further supported by Southeast Asia because they have one of the fastest-growing traffic injury rates globally, which in turn increases the demand for recovery tools and boosts the market demand.

Europe Bone Growth Stimulator Market Trends:

In Europe, investment in healthcare technology, along with government initiatives, is shifting towards better treatment alternatives and an increased focus on outpatient care, which is supporting the market growth. Furthermore, the increase in healthcare expenditure by the European Commission, particularly on the enhancement of treatment for orthopedic disorders, is presenting lucrative growth opportunities for market expansion.

Latin America Bone Growth Stimulator Market Trends:

The market in Latin America is propelled by an increasing prevalence of osteoporosis and other bone diseases because of the aging populations, along with improved access to advanced medical devices. Besides this, countries like Brazil and Mexico are extending their healthcare coverage so that patients can be integrated into non-invasive technologies for bone healing and the restoration of various other skeletal disorders, which is fostering market expansion.

Middle East and Africa Bone Growth Stimulator Market Trends:

There is increased demand in the Middle East and Africa, mainly due to an increase in medical tourism, especially orthopedic care, and awareness concerning advanced bone healing solutions. Also, many governments have heavily invested in better health facilities, and countries such as the United Arab Emirates (UAE) and South Africa have implemented bone growth stimulation therapies.

Top Companies Leading in the Bone Growth Stimulator Industry

Some of the leading bone growth stimulator market companies include Arthrex Inc., DJO Global Inc., Elizur Corporation, IGEA S.p.A., Isto Biologics, Ito Co. Ltd., Medical Device Business Services Inc. (Johnson & Johnson), Medtronic Plc, Orthofix Medical Inc., Ossatec Benelux B.V., Stryker Corporation, Terumo Bct Inc. (Terumo Corporation), and Zimmer Biomet, among many others.

  • In May 2024, Zimmer Biomet collaborated with CBRE Group, Inc. and achieved credit facilities of $ 2 billion to construct orthopedic ambulatory surgery centers (ASC) across the United States, combining their strength and technologies in healthcare and commercial real estate for integrating more advanced medical technology in more surgery centers nationwide.


Global Bone Growth Stimulator Market Segmentation Coverage

  • On the basis of the product, the market has been categorized into bone growth stimulation devices, bone morphogenetic proteins, and platelet-rich plasma, wherein bone growth stimulator represents the leading segment due to extensive usage of bone growth stimulation devices. These products are generally used for their efficiency in promoting the inflammatory phase in fracture cases and spinal fusion surgeries. Also, its non-invasive nature and proven clinical outcomes bring it above many other preferences for patients and several healthcare providers.
  • Based on the application, the market is classified into spinal fusion surgeries, delayed union and nonunion bone fractures, oral and maxillofacial surgeries, and others. Amongst these, spinal fusion surgeries dominate the market owing to the high prevalence of spinal fusion surgeries and delayed fracture healing cases. Moreover, with the rising rates of orthopedic surgeries as well as the demand for appropriate recovery alternatives, there is a demand for effective treatments that is continuously growing. Furthermore, the increased knowledge of bone stimulation in complicated fractures is driving a significant market demand.
  • On the basis of the end user, the market has been divided into hospitals and clinics, home care, and others. Hospitals and clinics account for the majority of the market share because of the rising number of orthopedic procedures performed in these facilities. These clinics provide the necessary infrastructure and competence for effectively employing bone growth stimulators, resulting in the best patient outcomes. The accessibility and trust associated with these establishments further bolster their leadership in the market.

 

Report Features Details
Market Size in 2024 USD 2.2 Billion
Market Forecast in 2033 USD 3.4 Billion
Market Growth Rate 2025-2033 4.8%
Units Billion USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Product
  • Application
  • End User
  • Region
Products Covered Bone Growth Stimulation Devices, Bone Morphogenetic Proteins, Platelet-Rich Plasma
Applications Covered Spinal Fusion Surgeries, Delayed Union and Nonunion Bone Fractures, Oral and Maxillofacial Surgeries, Others
End Users Covered Hospitals and Clinics, Home Care, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arthrex Inc., DJO Global Inc., Elizur Corporation, IGEA S.p.A., Isto Biologics, Ito Co. Ltd., Medical Device Business Services Inc. (Johnson & Johnson), Medtronic Plc, Orthofix Medical Inc., Ossatec Benelux B.V., Stryker Corporation, Terumo Bct Inc. (Terumo Corporation), Zimmer Biomet, etc.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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