Market research reports, consulting: Global Market Insights Inc.

Home > Healthcare > Medical Devices > Therapeutic Devices > spine bone stimulators market

Spine Bone Stimulators Market Size

Report ID: GMI8314 Published Date: February 2024Report Format: PDF
Download Free Sample
Summary
Table of Content

Spine Bone Stimulators Market Size

Spine Bone Stimulators Market size was valued at around USD 661.7 million in 2023 and is anticipated to register a CAGR of over 5.7% between 2024 and 2032. The consistent increase in spinal deformities is expected to be the primary attribute for the rising demand for spine bone stimulators.

 

Spine Bone Stimulators Market

The rising prevalence of spinal deformities is correlated with a surge in demand for spine bone stimulators. Various factors such as congenital deformities, age-related degeneration, and diseases including tumors or infections, and idiopathic causes contribute to these deformities. Specifically, focusing on pediatric cases, the incidence of spinal deformity surgeries has witnessed a notable rise in recent decades.

 

For instance, according to a recent publication in PubMed, the worldwide estimated incidence of adolescent idiopathic scoliosis (AIS), a prevalent type of spinal deformity, ranges from 2% to 4%. It's important to recognize that the increasing incidence of spinal deformity surgeries doesn't necessarily indicate a higher prevalence of spinal deformities themselves. Instead, it reflects a shift toward earlier detection and intervention, potentially leading to improved long-term outcomes for affected individuals, and the increasing demand for spine bone stimulators.

 

Spine bone stimulators are medical devices designed to aid in the healing of spinal bone fractures, fusion procedures, or other spinal conditions by promoting bone growth and regeneration. These devices typically utilize electrical or electromagnetic fields, ultrasound waves, or other mechanisms to stimulate bone cells and accelerate the natural healing process.

 

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Why is the demand for non-invasive spine bone stimulator increasing?+

Non-invasive spine bone stimulator segment held leading revenue share in 2023 and is anticipated to reach USD 834 million by 2032, driven by their safer, more comfortable, and convenient nature compared to invasive surgical procedures.

How big is the spine bone stimulators market?+

Global spine bone stimulators industry was valued at around USD 661.7 million in 2023 and is expected to reach around USD 1.11 billion by 2032, driven by a consistent increase in spinal deformities.

What factors are pushing the growth of North America spine bone stimulators industry?+

North America spine bone stimulators market accounted for USD 368.4 million in 2023 and will record notable growth over 2024 and 2032, driven by greater awareness among patients and healthcare providers in the region about spinal deformity.

Which companies define the competitive landscape of spine bone stimulators industry?+

Bioventus, Elizur Corporation, Enovis (DJO Global, Inc.), IGEA S.p.A., Medtronic plc, Orthofix Medical Inc., Ossatec Benelux BV, Synergy Orthopedics, Theragen, Inc. (Neurotech NA Inc.) are some of the major industry contenders.

Spine Bone Stimulators Market Scope

Related Reports

Buy Now

Premium Report Details

Download Free Sample