According to a new report, published by KBV research, The Global Spine Bone Stimulators Market size is expected to reach $626.2 million by 2028, rising at a market growth of 4.1% CAGR during the forecast period.
The Non-Invasive segment acquired maximum revenue share in the Global Spine Bone Stimulators Market by Device Type in 2021, thereby, achieving a market value of $445.1 million by 2028. As it is a non-surgical medical gadget that uses capacitive coupling (CC) technology to aid in the healing of a spinal fusion. It is FDA-approved and can only be administered by licensed physician. When recent imaging indicates nonunion and it has been at least nine months since the lumbar fusion surgery, a noninvasive spinal electrical bone growth stimulator is deemed medically required for therapy of a failed lumbar fusion.
The Specialty Clinics market is showcasing a CAGR of 4.3% during (2022 - 2028). A specialty clinic focuses on a specific medical field. A specialized clinic's providers would have had specialized training in medical specialties. Hospital specialist clinics serve as a vital link between hospital and community treatment. Medical, nursing, midwifery, and allied health specialists are available for assessment, diagnosis, and treatment. They also provide continuous specialist management of chronic and complicated illnesses in partnership with community healthcare providers, as well as pre- and post-hospital care.
The North America market dominated the Global Spine Bone Stimulators Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $235.8 million by 2028. The Asia Pacific market is estimated to witness a CAGR of 4.7% during (2022 - 2028). Additionally, The Europe market would experience a CAGR of 4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/spine-bone-stimulators-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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Companies Profiled
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