Uploaded on May 9, 2022
Increase in geriatric population and rise in incidence of osteoporosis and arthritis boost the spine bone stimulators market growth. According to report share by Bloomberg quint in August 2020 the old age dependency ratio is also rising. That ratio has increased from 14.2% in 2011 to 15.7% in 2021 as per projections. It is expected to rise to 20.1% by 2031.
Spine Bone Stimulators Market
Spine Bone Stimulators
Market
Spine Bone Stimulators Market
Expected to Reach $665.55
million by 2030: Allied Market
Research
Increase in geriatric population and rise in incidence
of osteoporosis and arthritis boost the market growth.
However, advent of bone growth-stimulating drugs,
fixation instrumentation during fusion and non-union
fractures, and high initial cost of these devices are
expected to impede the market growth.
The global spine bone stimulators market size was
valued at $487.80 million in 2020, and is projected to
reach $665.55 million by 2030, growing at a CAGR of
3.2% from 2021 to 2030.
Read More:
https://www.alliedmarketresearch.com/spine-bone-stimulators-
market
Covid-19 scenario:
The COVID-19 outbreak is anticipated to
have a negative impact on growth of the
global Spine Bone Stimulator market. The
COVID-19 pandemic stressed healthcare
systems globally. In 2020, the diagnosis and
treatment of spinal injury was hampered by
Covid-19 scenario: the COVID-19 pandemic, as it reduced in
road traffic accidents and outdoor sport
activities. Reduction in planned surgeries
also hampered the market.
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ple/1953
List of key players profiled in the report:
• Enovis (DJO Global, Inc.)
• Zimmer Biomet
• Orthofix Medical Inc.
• Elizur Corporation
• Ossatec Benelux BV
• IGEA S.p.A.
• ManaMed Inc.
• Theragen, Inc.
• Intelligent Implants
• Orchid Medical, Inc.
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