Global Bone Growth Stimulators Market Size & Outlook
Global bone growth stimulators market, 2018-2030 (US$M)
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Global bone growth stimulators market highlights
- The global bone growth stimulators market generated a revenue of USD 1,069.3 million in 2023 and is expected to reach USD 1,533.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, bone growth stimulation devices accounted for a revenue of USD 779.1 million in 2023.
- Platelet-Rich Plasma (PRP) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,069.3 million |
| Market revenue in 2030 | USD 1,533.0 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Bone growth stimulation devices |
| Fastest growing segment | Platelet-Rich Plasma (PRP) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP), Bone Growth Stimulation Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 51.1% of the global bone growth stimulators market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 3.7 million by 2030.
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Bone Growth Stimulators Market Scope
Bone Growth Stimulators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global bone growth stimulators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bone growth stimulators market will help companies and investors design strategic landscapes.
Bone growth stimulation devices was the largest segment with a revenue share of 72.86% in 2023. Horizon Databook has segmented the Global bone growth stimulators market based on bone morphogenetic proteins (bmp), platelet-rich plasma (prp), bone growth stimulation devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bone Growth Stimulators Product Outlook (Revenue, USD Million, 2018-2030)
- Bone Morphogenetic Proteins (BMP)
- Platelet-Rich Plasma (PRP)
- Bone Growth Stimulation Devices
- External Bone Growth Stimulators
- Combined Magnetic Field (CMF) Devices
- Capacitive Coupling (CC) Devices
- Pulsed Electromagnetic Field (PEMF) Devices
- Implanted Bone Growth Stimulators
- Ultrasonic Bone Growth Stimulators
- External Bone Growth Stimulators
- Global Bone Growth Stimulators Application Outlook (Revenue, USD Million, 2018-2030)
- Spinal fusion surgeries
- Delayed union & nonunion bone fractures
- Orthopedic trauma surgeries
- Others
- Global Bone Growth Stimulators End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Specialized Orthopedic Clinics
- Home Care Settings
- Ambulatory Surgical Centers
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bone growth stimulators market, including forecasts for subscribers. This global databook contains high-level insights into Global bone growth stimulators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bone growth stimulator market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bone growth stimulator market size, 2023 (US$M)
Global bone growth stimulator market share, by product, 2023 & 2030 (%, US$M)
Bone growth stimulators market: Opportunity assessment by country
Global bone growth stimulators market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 431.0 | 439.4 | 421.9 | 474.0 | 512.5 | 546.1 | 579.1 | 611.5 | 642.4 | 673.5 | 703.9 | 733.3 | 762.3 | 4.9% |
| Europe | 184.0 | 188.1 | 181.3 | 204.6 | 222.4 | 238.4 | 254.3 | 270.5 | 286.2 | 302.4 | 318.5 | 334.6 | 351.0 | 5.7% |
| Asia Pacific | 122.0 | 125.9 | 122.2 | 139.0 | 152.1 | 164.0 | 176.0 | 188.2 | 200.2 | 212.4 | 224.8 | 237.0 | 249.5 | 6.2% |
| Latin America | 68.4 | 69.6 | 66.7 | 74.9 | 80.9 | 86.1 | 91.2 | 96.1 | 100.9 | 105.7 | 110.3 | 114.8 | 119.1 | 4.8% |
| MEA | 29.1 | 29.1 | 27.5 | 30.5 | 32.7 | 34.8 | 36.8 | 39.0 | 41.2 | 43.5 | 45.9 | 48.4 | 51.1 | 5.7% |
| Overall | 834.5 | 852.1 | 819.7 | 922.9 | 1,000.5 | 1,069.3 | 1,137.4 | 1,205.2 | 1,270.9 | 1,337.5 | 1,403.4 | 1,468.1 | 1,533.0 | 5.3% |
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