Global bone growth stimulator market is expected to reach USD 1,397.6 million by 2022, at a CAGR of 5.8% during the forecast period of 2017 to 2022. Recently, the use of bone growth stimulators has been increasing due to more reliability and less patient non-compliance. Thus, bone growth stimulation supports the patients to get rid of orthopedic problems by boosting body’s natural healing process; thereby enabled the surgeons in providing better healthcare to patients with minimal complications of surgeries.
Here are the top 10 companies operating in Bone Growth Stimulator Market–
Orthofix International N.V.
Founded in 1980 and headquartered at Lewisville, Texas, U.S.; Orthofix International N.V. is engaged in providing superior reconstructive & regenerative orthopedic and spine solutions to physicians worldwide. The company operates through four business segments: BioStim, Biologics, Extremity Fixation, and Spine Fixation. The company provides bone growth stimulator products under BioStim business segment. With its subsidiaries and strong network of distribution, the company has its geographic presence in more than 70 countries across the world.
The company directly distributes its products in the U.S., Italy, the U.K. Germany, France, Brazil, and Puerto Rico. In addition, the company also distributes its products through independent distributors and subsidiaries.
DJO Global, Inc.
Founded in 1978 and headquartered at Vista, California, U.S.; DJO Global, Inc. is engaged in providing high quality orthopedic devices, along with products used for rehabilitation, pain management, and physical therapy. The company offers these products through various brands such as EnCore, Cefar, Empi, Ormed, Chattanooga, Compex, Aircast, DonJoy, Officecare, ProCare, SpinaLogic, and CMF. Within this, the company offers bone growth stimulator products through CMF brand. Formerly, the company provides products through two main subsidiaries namely ReAble Therapeutics, Inc. and DJO Opco Holdings, Inc. Later, DJO was acquired by ReAble and ReAble changed its name to DJO Inc. In 2006, ReAble was acquired by Blackstone Capital Partners V L.P. With its subsidiaries and strong network of distribution, the company has its presence in North America, Europe, Asia Pacific and RoW.
The key subsidiaries of the company are EnCore Medical, DJO Finance, LLC, Empi Corporation, Compex SA, and others. DJO Finance, LLC develops, manufactures, and distributes medical devices used for rehabilitation, pain management, and physical therapy worldwide.
Zimmer Biomet Holdings, Inc.
Founded in 1927 and headquartered at Warsaw, Indiana, U.S.; Zimmer Biomet Holdings, Inc. is engaged in musculoskeletal innovations by expanding its product portfolio related to technologies, solutions, and personalized services to overcome the need of patients and healthcare professionals. The company operates through following business segments: Americas Spine, Office Based Technologies, Craniomaxillofacial and Thoracic (CMF), and Dental. Further, the company allots resources through seven operating segments which are divided according to geography and product category. The Company collaborated with healthcare professionals around the globe to advance the pace of innovation. The company offers bone growth stimulator products under Spine and CMF operating segment.
With its subsidiaries and strong network of distribution, the company has its presence in America, Europe, Middle East & Africa, and Asia-Pacific. The key subsidiaries of the company are Biomet, Medtech, Zimmer Spine, Inc., Zimmer U.S., Inc., and Zimmer GmbH among others.
Founded in 1949 and headquartered at Ireland, Europe.; Medtronic, plc is engaged in developing and manufacturing medical technology, solutions, and services to reduce the pain with restoring health, and extending life for millions of people around the world. The company operates through four business segments: cardiac and vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group. The company provides bone growth stimulators in restorative therapies group.
With its subsidiaries and strong network of distribution, the company has its presence mainly in the North America, Europe, Asia Pacific, and Middle East & Africa. The key subsidiaries of the company are Covidien Ltd., Medtronic Limited, and Medtronic CoreValve LLC among others.
Johnson & Johnson
Founded in 1887 and headquartered at New Jersey, U.S; Johnson & Johnson is engaged in developing and marketing of various healthcare products globally. The company operates through three business segments: consumer, pharmaceuticals, and medical devices. The company is providing major focus on human health and well-being and provides bone growth stimulator products under medical devices business segment. In addition, the company offers orthopaedic products and neuro products through its subsidiary, DePuy Synthes for joint reconstruction, trauma, spine, sports medicine, neuro, cranio-maxillofacial, power tools, and biomaterials.
With its subsidiaries and strong network of distribution, the company has its geographical presence in North America, Europe, Asia-Pacific, and Latin America and Middle East & Africa. The company has following subsidiaries: Jassen Pharmaceutica NV, Ethicon Inc., Synthes, LifeScan, Inc., DePuy, and others.
A report into the projected growth of the current Bone Growth Stimulator Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2022, it’s expected to have grown at a CAGR of 5.8%, reaching over 1,397.6 million by 2022.
Founded in 1941 and headquartered at Kalamazoo, Michigan, U.S.; Stryker is engaged in providing products and services through three major business segments namely medical surgery (MedSurg), orthopedics, and terotechnology & spine. The company offers bone growth stimulators under the neurotechnology and spine business segment. With its subsidiaries and a strong network of distribution, the company has its presence in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The key subsidiaries of the company are Novadaq Technologies Inc., SAGE PRODUCTS, LLC, Howmedica Osteonics Corporation, and Small Bone Innovations among others.
Founded in 2012 and headquartered at Durham, North Carolina, U.S.; Bioventus Inc. is engaged in providing and developing medical products. The company mainly focuses on ultrasound bone healing, joint therapies, and Bioventus surgical. The company operates into two segments Bioventus Active Healing Therapies and Bioventus Surgical. The active healing therapies related products treat the chronic pain associated with osteoarthritis. The company also provides injection therapies that treat osteoarthritic joints and relieve pain; thereby help bring mobility back to the patient.
The company offers bone healing products through EXOGEN, osteoAMP, and signafuse brands. With its subsidiaries and strong network of distribution, the company has its geographical presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Founded in 1981 and headquartered at Naples, Florida, U.S.; Arthrex, Inc., is engaged in providing products and medical education in orthopedics to surgeons. The company offers products to medical professionals in the areas of shoulder, knee, elbow, hand and wrist, foot and ankle, hip, orthobiologics, and imaging & resection. The company focuses on the field of arthroscopy & sport medicine and developed more than 11,000 innovative products and surgical procedures to have advancement in minimally invasive orthopedics across the world.
The company provides majority of products in the U.S. and exports to more than 100 countries around the world.
Founded in 1997 and headquartered at St. Louis, Missouri, U.S.; ISTO Biologics is engaged in developing orthobiologic products for spine, orthopedics, and sports medicine. The company offers orthopaedic products through various brands such as InQu, a bone graft extender and substitute; Influx, a trabecular bone graft; CellPoint, a concentrated bone marrow aspirate system; and Magellan, a fully automated concentration system of platelets and cells.
The company has its presence in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Ossatec Benelux Ltd.
Founded in 2008 and headquartered in the Netherlands, Europe; Ossatec Benelux Ltd. is engaged in manufacturing and developing medical tools. The company is involved in manufacturing and marketing products related to non-invasive bone management so as to cure a bone fracture without surgery. The company manufacturers products based on piezoelectric effects. Additionally, the company offers products for proper and quick treatment of fractures.
The company offers products to medical professionals in the Netherlands, Belgium, Germany, the United Kingdom, Egypt, Greece, Argentina, and China.
Popular Mentions: Regen Lab SA, ITO CO., Ltd., Altis Biologics (Pty) Ltd, and Harvest Technologies Corporation
Authoritative Research on the Bone Growth Stimulator Market – Global Opportunity Analysis and Industry Forecast (2017-2022)
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