The North America Spine Bone Stimulators Market would witness market growth of 3.7% CAGR during the forecast period (2022-2028).
A bone growth stimulator (BGS) helps the bone mend faster by sending more power to the healing bone surface via pulsed electromagnetic or ultrasonic waves. Only external bone growth stimulators are used by the Orthopedic doctors at OSC. Internal BGS units are costly, require a second operation to remove the unit's battery and wires from the body, and are implanted at the moment of surgery.
External BGS can be used on practically any part of the body if there has been a fracture or surgery. They come in two forms devices that link to electrodes that supply electricity to the skin over the non-healing bone and braces or belts that can be worn or used to recline a patient when sitting. To be effective, the BGS device must be used for multiple hours each day for three to nine months, and patients’ satisfaction is needed to attain the greatest results. The units are lightweight, comfy, and secure. Unlike TENs units, they do not require any modifications. The electric current is imperceptible to the patient and produces no discomfort.
The rise in spine surgery usage in the United States has been very well reported. Technological developments, elderly patients anticipating greater levels of function, and funding mechanisms that favor advanced fusion surgery have all assisted the growth of the spine bone stimulator market in the United States. According to the 2019 SCI Datasheet from the National Spinal Cord Injury Statistical Center, the annual incidence of spinal cord injury (SCI) in the United States is roughly 54 cases per one million people, or around 17,810 new SCI-related cases each year. There were millions of people with spinal cord injuries in the United States in 2019.
Furthermore, according to the American Chiropractic Association, nearly 31 million people in the United States suffer from lower back pain at some point in their lives in 2018. Obesity, an inactive lifestyle, athletics, and accident-related ailments all contribute to the rise in spinal non-fusion treatments. Furthermore, posterior operations have gained in popularity in recent years and are expected to expand faster in the future than anterior treatments. As a result, as the number of treatments performed in the country grows, so does the number of spine bone stimulators utilize.
The US market dominated the North America Spine Bone Stimulators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $170.1 million by 2028. The Canada market is anticipated to grow at a CAGR of 6% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 5.1% during (2022 - 2028).
Based on Device Type, the market is segmented into Non-Invasive and Invasive. Based on End User, the market is segmented into Hospitals, Specialty Clinics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Spine Bone Stimulators Market is Estimated to reach $626.2 Million by 2028, at a CAGR of 4.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DJO Global, Inc. (Enovis), Zimmer Biomet, Orthofix Medical Inc., Elizur Corporation, Ossatec Benelux BV, IGEA S.p.A., ManaMed Inc., Theragen, Inc., Intelligent Implants, and Orchid Medical, Inc
Scope of the Study
Market Segments Covered in the Report:
By Device Type
By End User
- Hospitals
- Specialty Clinics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- DJO Global, Inc. (Enovis)
- Zimmer Biomet
- Orthofix Medical Inc.
- Elizur Corporation
- Ossatec Benelux BV
- IGEA S.p.A.
- ManaMed Inc.
- Theragen, Inc.
- Intelligent Implants
- Orchid Medical, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Spine Bone Stimulators Market, by Device Type
1.4.2 North America Spine Bone Stimulators Market, by End User
1.4.3 North America Spine Bone Stimulators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Spine Bone Stimulators Market
Chapter 4. North America Spine Bone Stimulators Market by Device Type
4.1 North America Non-Invasive Market by Country
4.2 North America Invasive Market by Country
Chapter 5. North America Spine Bone Stimulators Market by End User
5.1 North America Hospitals Market by Country
5.2 North America Specialty Clinics Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Spine Bone Stimulators Market by Country
6.1 US Spine Bone Stimulators Market
6.1.1 US Spine Bone Stimulators Market by Device Type
6.1.2 US Spine Bone Stimulators Market by End User
6.2 Canada Spine Bone Stimulators Market
6.2.1 Canada Spine Bone Stimulators Market by Device Type
6.2.2 Canada Spine Bone Stimulators Market by End User
6.3 Mexico Spine Bone Stimulators Market
6.3.1 Mexico Spine Bone Stimulators Market by Device Type
6.3.2 Mexico Spine Bone Stimulators Market by End User
6.4 Rest of North America Spine Bone Stimulators Market
6.4.1 Rest of North America Spine Bone Stimulators Market by Device Type
6.4.2 Rest of North America Spine Bone Stimulators Market by End User
Chapter 7. Company Profiles
7.1 DJO Global (Enovis)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Orthofix Medical, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Approvals and Trails:
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Elizur Corporation
7.4.1 Company Overview
7.5 Ossatec Benelux BV
7.5.1 Company Overview
7.6 IGEA S.p.A.
7.6.1 Company Overview
7.7 ManaMed, Inc.
7.7.1 Company Overview
7.8 Theragen, Inc.
7.8.1 Company Overview
7.9 Intelligent Implants, Ltd.
7.9.1 Company Overview
7.10. Orchid Medical, Inc.
7.10.1 Company Overview
TABLE 1 North America Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 2 North America Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 3 North America Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 4 North America Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 5 North America Non-Invasive Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Non-Invasive Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Invasive Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Invasive Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 10 North America Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 11 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Specialty Clinics Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Specialty Clinics Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Spine Bone Stimulators Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Spine Bone Stimulators Market by Country, 2022 - 2028, USD Million
TABLE 19 US Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 20 US Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 21 US Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 22 US Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 23 US Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 24 US Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 25 Canada Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 26 Canada Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 27 Canada Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 28 Canada Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 29 Canada Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 30 Canada Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 31 Mexico Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 32 Mexico Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 33 Mexico Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 34 Mexico Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 35 Mexico Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 36 Mexico Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 37 Rest of North America Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 40 Rest of North America Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 41 Rest of North America Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 42 Rest of North America Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 43 Key Information – DJO Global
TABLE 44 Key Information – Orthofix Medical, Inc.
TABLE 45 key Information – Zimmer Biomet Holdings, Inc.
TABLE 46 Key Information – elizur Corporation
TABLE 47 Key Information – Ossatec Benelux BV
TABLE 48 Key Information – IGEA S.p.A.
TABLE 49 Key Information – ManaMed, Inc.
TABLE 50 Key Information – Theragen, Inc.
TABLE 51 Key Information – Intelligent Implants, Ltd.
TABLE 52 Key Information – Orchid Medical, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: DJO Global