The Middle East and Africa Bone Growth Stimulators Market size is estimated to be USD 0.10 Billion in 2022 and predicted to be growing at a CAGR of 4.1% to reach USD 0.13 Billion by 2027 during the forecast period.
Bone growth stimulators are the medical devices that speed up the fracture healing process of a person when the body cannot do so on its own. They increase the natural pace of bone-healing without giving electric shocks when worn by the patient. External bone growth stimulators, which are also called non-invasive bone growth stimulators, are portable devices worn externally by the user. They do not need surgery for implantation. An external bone growth stimulator is to be kept for a few hours per day. An internal bone growth stimulator is an invasive bone growth stimulator and is placed on the fusion spot of the bone. It emits small electrical currents and is removed from the fusion spot after a year. The market is estimated to grow at a significant potential during the specified period and in the years to follow.
The Middle East and Africa Bone-growth stimulators market are driven by factors like increasing population, a growing number of diseases like arthritis and injuries caused by sports, and increasing demand for non-invasive spinal surgeries. However, factors like the preference for other feasible treatment options, doubtful efficiency of the procedure, problems in the medical device, lack of awareness and government support, and competition from bone grafting act as constraints for the bone growth stimulators market.
This research report on the MEA Bone Growth Stimulators Market has been segmented and sub-segmented into the following categories.
By End User:
Regionally, the South African market is expected to have the largest and majority of the market share and during the period. The country is likely to continue its dominance and is estimated to be the quickest growing market by 2024 along the forecast period. The growth of this country is due to factors such as the increasing geriatric population, considerable growth in the occurrence rate of fracture, osteoporosis, and spinal diseases. Also, increasing patient awareness due to accessibility and advantages is one-factor driving bone growth stimulators.
Some of the Promising Companies dominating the Middle East and Africa Bone Growth Stimulators Market are DJO LLC, Orthofix International N.V., Zimmer Biomet Holdings Inc., Elizur, Bioventus LLC., Ossatec Benelux BV, Verve Consulting Inc., and IGEA S.p.A.
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