Surge in bone related problems due to rise in the geriatric population has increased demand for the use of bone stimulators to determine the bone structure and defects associated with it. Increase in the number of people with post-traumatic skeletal difficulties and high number of patients demanding orthopedic surgeries have also led to rise the need of spine bone stimulators in clinical practices. Rise in the number of cases associated with bone diseases such as osteoporosis, Paget’s disease of bone, traumatic incidents, and other conditions are the factors driving the global spine bone stimulators market. However, lack of experienced personnel in this field is a key restraint of the market. Moreover, development of bone stimulator drugs, usage of fixation instrument during fusion and on-fusion fractures, and expenses related to these devices hamper the growth of the global spine bone stimulators market. However, awareness programs by government and non-profit organizations present lucrative opportunities for the major players to enter the market.

Bone stimulators are utilized to support bone's regeneration process, which is critical for spinal fusion. A bone trigger, inside or outer, is a little gadget that conveys low-voltage electrical streams exactly to the spinal zone where bone development (spine fusion) is going to happen. Ordinarily, these gadgets are worn after spine fusion procedure. Nonetheless, newer approach of bone development medications, and high initial expenses of these gadgets are the factors responsible to hinder the growth of this market. Hence, different kinds of stimulators such as electrical stimulators and pulse ultrasound of low-intensity can be used to heal bone faster. Currently, stimulators with low complications such as pulse electromagnetic field stimulators are widely used in the market.

The global spine bone stimulators market can be segmented based on type of product and surgery. In terms of type of product, the global market can be bifurcated into non-invasive and invasive stimulators. Non-invasive stimulators can be attached outside the body without any surgery. Invasive stimulators are implanted inside the body through surgery. Invasive stimulators have to be used by a surgeon only in patients whose bone healing capacity is poor. Non-invasive stimulators can be of two types: pulsed electromagnetic field device and capacitive coupling & combined (electro) magnetic field devices. On the basis of surgery, the global spine bone stimulators market can be segmented into open surgery and minimally invasive surgery.

Geographically, the global spine bone stimulators market can be segmented into five major region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America (particularly the U.S.) dominated the global market owing to increase in the geriatric population leading to rise in bone deformities. Europe was the second largest market for spine bone stimulators in 2017. Growth of the market in the region is attributed to increase in sedentary lifestyle. However, the market in Asia Pacific is expected to grow at a rapid pace in the next few years due to rise in awareness about bone disorders and booming medical tourism. The market in Middle East & Africa and Latin America is estimated to witness sluggish growth during the forecast period.

Major players operating in the global spine bone stimulators market are IGEA S.p.A., Aetna, Inc., Rockforge Co., Verve Consulting, Inc., Bioventus LLC, Klein Tools Co., Zimmer Biomet Holdings, Medtronic plc, Elizur Corporation, TEKTON, Inc., Smith & Nephew plc, and Orthofix International N.V.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.