The global Bone Growth Stimulator Market was estimated at $654.1M in 2016 across the 39 markets covered in this report. By the end of the forecast period in 2023, GlobalData estimates the market will grow to approximately $801.4M at a Compound Annual Growth Rate (CAGR) of 2.9%.
Key players listed in the report are Bioventus, DJO Global, IGEA, Orthofix, and Zimmer Biomet.
When a bone is fractured, the body naturally generate a low-level electric field to stimulate healing. For some patients, however, the body’s natural healing processes are ineffective, and fractures experience delayed or non-union. Additionally, patients treated with spinal fusion procedures may have difficultly healing. Bone growth stimulators have been developed in order to promote healing in patients at risk for failed unions of long bone fractures or spinal fusion. The growing aging populations, as well as patient preference for non-surgical treatment regimens, are primarily driving the expansion of the bone growth stimulator market in the forecast period. However, competition from innovations in bone grafts and substitutes and reimbursement limitations are demanding obstacles to be overcome.
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Scope
– Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for bone growth stimulators.
– Company share analysis in 2016, for bone growth stimulators.
– Market insights and competitive assessment of the key players within bone growth stimulators market.
Reasons to buy the bone growth stimulators market:
– Identify the unmet needs and understand physicians’ perceptions of the current bone growth stimulators
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global bone growth stimulators market in the future
– Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors
GlobalData estimates sales of Total Ankle Replacement Industry implants to be approximately $146M across all 39 countries in 2016. This market will grow at a CAGR of 6.3% over the forecast period, reaching sales of $223.8M by 2023. Changing population demographics and the physical activity levels associated with the older generation are the drivers for growth in the TAR market. Compared to past years, people tend to engage in competitive sports and other intense physical activities from an early age and until later in life. As a result, there will be an expected increase in the incidence of ankle-related sports injuries in addition to normal degradation of the joint due to aging. These joint dysfunctions lead to an increased likelihood of TAR in later years.
Key players listed in the report are Stryker, Wright Medical Group, Zimmer Biomet, Integra LifeSciences, Depuy Synthes, and Exactech.
Given the heightened competitive pressures and shrinking reimbursement, the average selling prices for TAR products are expected to continue to decline in all of the geographies covered in this report, partially offsetting the healthy growth of revenue from increased procedure volumes.
Results from long-term clinical research trials on existing prostheses will tip the scales in favour or against different products. Products that are not durable will lose market share and be restricted to older patients. On the other hand, successful trials will drive growth in sales and the resulting credibility will increase revenue from other product lines.
Note: This is an on-demand report and will be delivered within 3 working days (excluding weekends) of the purchase.
Requets a sample of the total ankle replacement Market report @ http://www.orbisresearch.com/contacts/request-sample/299044 .
Scope
– Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for total ankle replacement implants.
– Company share analysis in 2016, for total ankle replacement implants.
– Market insights and competitive assessment of the key players within the total ankle replacement market.
Reasons to buy
– Identify the unmet needs with the current generation of ankle replacement devices and understand how emerging technologies will meet these unmet needs.
– Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global ankle replacement market in the future
– Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the performance of various competitors
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