Home Healthcare IT Bone Growth Stimulators Market Size, Global Trends, Top Share, Forecast by 2033

Bone Growth Stimulators Market Size, Share & Trends Analysis Report By Product (Bone Growth Stimulation Devices, Electrical Bone Growth Stimulators, Implantable Bone Growth Stimulators, Ultrasonic Bone Growth Stimulators, Bone Morphogenetic Proteins (BMP), Platelet-Derived Growth Factor (PDGF)), By Applications (Spinal Fusion Surgeries, Delayed Union and Nonunion Bone Fractures, Oral and Maxillofacial Surgeries, Others), By End-User (Hospitals and Clinics, Academic and Research Institutes and CROs, Home Care, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRHI54717DR
Last Updated : Oct 22, 2024
Author : Debashree Bora
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Bone Growth Stimulators Market Size

The global bone growth stimulators market size was valued at USD 1.63 billion in 2024 and is projected to reach from USD 1.71 billion in 2025 to USD 2.59 billion by 2033, growing at a CAGR of 4.70% during the forecast period (2025–2033).

Bone growth stimulation is an alternative bone healing treatment recently gaining popularity. Bone stimulators are frequently used to treat fractures that cannot heal naturally. The prevalence of bone fractures and sports injuries is gradually increasing, increasing the demand for bone growth stimulators worldwide. Bone growth stimulation devices and products have positively influenced orthopedic procedures.

The market potential for bone morphogenetic protein has prompted multiple clinical studies. These stimulators have various uses, including spinal fusion, dental, maxillofacial, and fracture repair. The increasing prevalence of osteoarthritis and degenerative bone diseases also increases the market's growth. The market is expected to experience growth as a result of the increased utilization and demand for bone morphogenetic proteins and platelet-rich plasma factors, which have been shown to enhance healing outcomes.


Bone Growth Stimulators Market Growth Factors

Increasing Preference for Non-Invasive Bone Growth

The growing preference for adopting non-invasive bone growth stimulators is expected to drive the market during the forecast period. Non-invasive stimulators use ultrasonic, electrical signals, magnetic, or to stimulate osteogenesis with a spinal fusion or fracture fixation. The equipment is positioned above the fracture site for a specified duration during the treatment.

Furthermore, the growing prevalence of bone diseases globally is expected to drive the market during the forecast period. Rising cases of osteoporosis are expected to be the leading cause of fractures worldwide during the forecast period. Rising diagnoses of such conditions and rapid technological advancement for improved treatment will drive market growth in the coming years. The rising oral and maxillofacial surgeries worldwide will also support the industry's growth during the forecast period.

Rising Prevalence of Bone and Joint Disorders

Industry growth in the coming years is anticipated to be spurred by the rising incidence of bone and joint disorders. Bone growth stimulators have benefited from the rising demand for spinal fusion and oral and maxillofacial surgeries among the aging population caused by this disease. Osteoarthritis and other joint disorders are common in the over-65 aged population. In addition, the prevalence of arthritis is expected to increase in the coming years as the population ages. In the United States, the CDC estimates that the number of people with doctor-diagnosed arthritis will reach 78.4 million by 2040. As per global estimates by the World Health Organization (WHO), approximately 18% of women and 9.6% of men aged 60 and above experience symptomatic osteoarthritis.

Similarly, lumbar spondylosis is also a common condition, affecting over 79% of people over 40 in the United States. Bone growth stimulators are a treatment option for these conditions, as they can reduce intraosseous venous congestion and remodel bone. With the rise in the prevalence of these diseases, there will be a corresponding surge in the demand for bone growth stimulators.

Restraining Factors

Limited Medical Reimbursement

Rising healthcare costs and an aging population present difficulties for the healthcare system. Medical reimbursement is among the most important factors influencing their uptake and demand regarding diagnostic or therapeutic products. In many cases, private health insurance will not cover the price of bone growth stimulation procedures. For instance, due to insufficient clinical data on its therapeutic efficacy, most healthcare insurance providers worldwide (aside from the US) do not cover the cost of plasma therapy. This could be a hindrance to the sales of bone growth stimulators.

Market Opportunities

Rising Use of PRP in Other Applications

Platelet-rich plasma (PRP) is a blood-based therapy that treats various orthopedic conditions such as musculoskeletal injuries, arthritis, and chronic tendinitis. Platelets from a patient's blood are extracted and concentrated to make PRP. Growth factors in platelets aid in tissue repair and regeneration. In addition, PRP therapy is widely regarded as a safe and efficient treatment for various orthopedic disorders. It is less invasive than surgery and has fewer side effects.

PRP therapy is also relatively quick and easy to apply. In addition to orthopedic conditions, PRP therapy is used to treat various conditions such as cardiac muscle injuries, nerve injuries, and periodontal surgeries. In the upcoming years, PRP clinical applications are anticipated to increase. The rising number of orthopedic conditions, the safety and efficacy of PRP therapy, and the growing demand for minimally invasive treatments are all encouraging the PRP market forward.

Study Period 2021-2033 CAGR 4.70%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 1.63 billion
Forecast Year 2033 Forecast Year Market Size USD 2.59 billion
Largest Market North America Fastest Growing Market Europe
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Regional Insights

North America: Dominant region with 35% market share

North America is the most significant shareholder in the global market and is expected to grow at a significant rate over the forecast period. North America holds the biggest bone growth stimulators market share in 2022, with about 35%. This is mostly because of the rising number of older people and the rising number of spinal cord injuries in North America. As per the National Spinal Cord Injury Statistical Center report, there are approximately 54 cases of spinal cord injury (SCI) per one million people, resulting in approximately 17,900 new spinal cord injury cases each year in the U.S. Therefore, the regional bone growth stimulators market share is expected to grow rapidly during the forecast period.

Asia-Pacific: Fastest growing region with the highest CAGR

Europe is predicted to grow at a significant rate during the forecast period. This is because Europe has an aging population, more people are getting orthopedic problems, and more people know about the benefits of bone growth stimulators. One of the most common orthopedic problems in Europe is osteoarthritis. It happens when cartilage in the joints breaks down, causing pain, stiffness, and a limited ability to move. Most often, it affects the knee, hip, and hand joints. Rising orthopedic fixation treatment patients, high awareness among the European people, and high spending income are numerous factors driving the market's growth in Europe.

In Asia-Pacific, the bone growth stimulators market is expected to present significant growth opportunities during the forecast period. Bone growth stimulators are becoming more affordable due to rising healthcare investment by the major players in the Asia-Pacific region. This will bring up new business opportunities in the region that manufactures and distributes bone growth stimulators.

Latin America and the Middle East and Africa are the smaller markets for bone growth stimulators, but they are expected to grow at a significant rate over the forecast period. The LAMEA market growth is due to the rising prevalence of orthopedic disorders and the rising number of road accidents and trauma cases. Thus, the rising number of road accidents in Latin America, and the Middle East, and Africa region boosts the growth of the market.

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Bone Growth Stimulators Market Segmentation Analysis

By Product

The market is divided into bone growth stimulation devices, bone morphogenetic proteins (BMP), and platelet-derived growth factor (PDGF). The bone growth stimulation devices segment is the highest contributor to the market share and is expected to grow at a significant rate during the forecast period. The devices segment is anticipated to be driven during the forecast period by an increase in the use of portable, battery-powered bone growth stimulators for the treatment of non-union fractures, as well as an increase in the adoption of external bone growth stimulators. In addition to bone growth devices, manufacturers are increasing the production of bone glues and bone cement to increase the availability of supplemental bone healing products.

By Application

The market is divided into spinal fusion surgeries, delayed union and nonunion bone fractures, oral and maxillofacial surgeries, and others. The spinal fusion surgeries segment owns the largest bone growth stimulators market share and is anticipated to grow at a significant rate during the forecast period. Spinal fusion surgeries brought in the most money for the healthcare industry. Demand for spinal fusion surgeries has skyrocketed worldwide due to the growing prevalence of spinal cord injuries like fractures, spinal stenosis, and herniated discs. The World Health Organization estimated that 300,000 and 550,000 people sustain spinal cord injuries yearly, mostly due to traffic accidents, falls, and acts of violence.

By End-User

The market is divided into hospitals and clinics, academic and research institutes and CROs, home care, and others. The hospital and clinic segment dominates the global market and is estimated to grow at a significant rate during the forecast period. The hospital sector strongly holds the global market because many people go to hospitals for medical care and orthopedic procedures. This dominance is further strengthened by the fact that there are many hospitals worldwide in both developed and developing markets. Government hospitals are very important in several markets, especially in emerging economies, because they offer subsidized care, which also helps this segment to be the most important.

In developed markets, a big trend is the rise of specialty clinics focusing on specific medical fields like orthopedics. Bone fractures are complex injuries that require specialized treatment, which is expected to boost business for specialty clinics over the next few years.

Market Size By Product

Market Size By Product
  • Bone Growth Stimulation Devices
  • Electrical Bone Growth Stimulators
  • Implantable Bone Growth Stimulators
  • Ultrasonic Bone Growth Stimulators
  • Bone Morphogenetic Proteins (BMP)
  • Platelet-Derived Growth Factor (PDGF)

  • List of key players in Bone Growth Stimulators Market

    1. Orthofix Medical Inc
    2. DJO LLC, Bioventus ITO Co Ltd
    3. BTT Health GmbH
    4. Stimulate Health
    5. Kinex Medical Company
    6. Fintek Bio-Electric Inc
    7. Regen Lab SA
    8. Arthrex
    9. Altis Biologics Ltd
    10. TERUMO BCT In.

    Bone Growth Stimulators Market Share of Key Players

    Bone Growth Stimulators Market Share of Key Players

    Recent Developments

    • June 2023- Orthofix Medical Inc. launched the full commercial WaveForm A interbody for Anterior Lumbar Interbody Fusion (ALIF) procedures. The WaveForm A interbody works with the company's Meridian ALIF system to treat patients requiring fusion due to degenerative disc disease.
    • April 2023- Orthofix Medical Inc launched two access retractor systems to assist surgeons during minimally invasive spine (MIS) procedures. The Fathom and the Lattus Lateral Access System. The Lattus Lateral Access System is intended to be simple and versatile. The novel, independent blade retraction strength with a "down-and-out" splay feature makes access to difficult anatomy possible.

    Bone Growth Stimulators Market Segmentations

    By Product (2021-2033)

    • Bone Growth Stimulation Devices
    • Electrical Bone Growth Stimulators
      • Capacitive Coupling (CC) Devices
      • Combined Magnetic Field Devices (CMF)
      • Pulsed Electromagnetic Field Devices (PEMF)
    • Implantable Bone Growth Stimulators
    • Ultrasonic Bone Growth Stimulators
    • Bone Morphogenetic Proteins (BMP)
    • Platelet-Derived Growth Factor (PDGF)

    By Applications (2021-2033)

    • Spinal Fusion Surgeries
    • Delayed Union and Nonunion Bone Fractures
    • Oral and Maxillofacial Surgeries
    • Others

    By End-User (2021-2033)

    • Hospitals and Clinics
    • Academic and Research Institutes and CROs
    • Home Care
    • Others

    Frequently Asked Questions (FAQs)

    How much is the bone growth stimulators market worth?
    Straits research predicts that the global bone growth stimulators market size was valued at USD 1.63 billion in 2024 and is projected to reach from USD 1.71 billion in 2025 to USD 2.59 billion by 2033.
    The global market growth rate growing at a 4.70% from 2025 to 2033.
    The increasing preference for non-invasive bone growth, is a key growth factor driving advancements in bone growth stimulators.
    North America holds the largest market share with rise is primarily due to rising number of older people and the rising number of spinal cord injuries.
    Currently, the spinal fusion surgeries segment dominates the market, fueled by growing prevalence of spinal cord injuries like fractures, spinal stenosis, and herniated discs.


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