The Asia Pacific Bone Growth Stimulators Market would witness market growth of 8.4% CAGR during the forecast period (2020-2026). Bone growth stimulation tools provide a cost-effective and healthier alternative way to treat orthopedic disorders compared to conventional bone fracture surgery. These tools have been reported to reduce the patient's hospital stay as well as the risks of complications and infections. This is expected to support the adoption of bone stimulation products among key end-users. This is also reinforced by empirical evidence that validates the empirical effectiveness of bone growth stimulation products inefficient and rapid bone regeneration relative to conventional methodologies.
The rising number of people suffering from spinal injuries, combined with a rise in the rate of surgery, is the main drivers for the sector. In addition, extensive research undertaken by manufacturing companies to discover the therapeutic potential of BMP in other orthopedic disorders, such as osteoarthritis and soft tissue repair, is expected to further boost growth.
Bone Morphogenetic Proteins (BMP) and Platelet-rich Plasma (PRP) products aid in bone development during the treatment of various fractures and spinal surgery. Thus, the use of these drugs is expected to increase during these surgeries due to faster healing resulting in rapid recovery. As a result, with a growing number of injuries and trauma events, the number of spinal and orthopedic procedures is rising. This increase has further increased the demand for these tools, BMP, and PRP products, which is expected to drive market growth.
Frequent product recalls have been found to impede the overall market growth. The recall of goods has a detrimental impact on the company and the prestige of the manufacturer. This may also impact consumer loyalty to other company goods. In addition, recalls also doubt the efficacy of new products and thus hinder their acceptance by surgeons.
Based on Product, the market is segmented into Bone Growth Stimulation Devices, Bone Morphogenetic Proteins and Platelet-Rich Plasma. Based on Application, the market is segmented into Spinal Fusion Surgeries, Delayed Union & Nonunion Bone Fractures, Oral & Maxillofacial Surgeries and Others. Based on Distribution Channel, the market is segmented into Hospitals & Clinics, Home Care and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Bone Growth Stimulators Market in Asia Pacific is expected to register a CAGR of 8.4% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Johnson and Johnson, Medtronic PLC, Zimmer Biomet Holdings, Inc., Stryker Corporation, Smith & Nephew PLC, Terumo Corporation (Terumo BCT, Inc.), Colfax Corporation (DJO Global, Inc.), Orthofix Medical, Inc., Arthrex, Inc., Bioventus LLC.
Scope of the Asia Pacific Bone Growth Stimulators Market Analysis
Market Segmentation:
By Product
- Bone Growth Stimulation Devices
- Bone Morphogenetic Proteins and
- Platelet-Rich Plasma
By Application
- Spinal Fusion Surgeries
- Delayed Union & Nonunion Bone Fractures
- Oral & Maxillofacial Surgeries and
- Others
By Distribution Channel
- Hospitals & Clinics
- Home Care and
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Johnson and Johnson
- Medtronic PLC
- Zimmer Biomet Holdings, Inc.
- Stryker Corporation
- Smith & Nephew PLC
- Terumo Corporation (Terumo BCT, Inc.)
- Colfax Corporation (DJO Global, Inc.)
- Orthofix Medical, Inc.
- Arthrex, Inc.
- Bioventus LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Bone Growth Stimulators Market, by Product
1.4.2 Asia Pacific Bone Growth Stimulators Market, by Application
1.4.3 Asia Pacific Bone Growth Stimulators Market, by Distribution Channel
1.4.4 Asia Pacific Bone Growth Stimulators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Bone Growth Stimulators Market by Product
3.1 Asia Pacific Bone Growth Stimulation Devices Market by Country
3.2 Asia Pacific Bone Morphogenetic Proteins Market by Country
3.3 Asia Pacific Platelet-Rich Plasma Market by Country
Chapter 4. Asia Pacific Bone Growth Stimulators Market by Application
4.1 Asia Pacific Spinal Fusion Surgeries Market by Country
4.2 Asia Pacific Delayed Union & Nonunion Bone Fractures Market by Country
4.3 Asia Pacific Oral & Maxillofacial Surgeries Market by Country
4.4 Asia Pacific Other Application Market by Country
Chapter 5. Asia Pacific Bone Growth Stimulators Market by Distribution Channel
5.1 Asia Pacific Hospitals & Clinics Market by Country
5.2 Asia Pacific Home Care Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Bone Growth Stimulators Market by Country
6.1 China Bone Growth Stimulators Market
6.1.1 China Bone Growth Stimulators Market by Product
6.1.2 China Bone Growth Stimulators Market by Application
6.1.3 China Bone Growth Stimulators Market by Distribution Channel
6.2 Japan Bone Growth Stimulators Market
6.2.1 Japan Bone Growth Stimulators Market by Product
6.2.2 Japan Bone Growth Stimulators Market by Application
6.2.3 Japan Bone Growth Stimulators Market by Distribution Channel
6.3 India Bone Growth Stimulators Market
6.3.1 India Bone Growth Stimulators Market by Product
6.3.2 India Bone Growth Stimulators Market by Application
6.3.3 India Bone Growth Stimulators Market by Distribution Channel
6.4 South Korea Bone Growth Stimulators Market
6.4.1 South Korea Bone Growth Stimulators Market by Product
6.4.2 South Korea Bone Growth Stimulators Market by Application
6.4.3 South Korea Bone Growth Stimulators Market by Distribution Channel
6.5 Singapore Bone Growth Stimulators Market
6.5.1 Singapore Bone Growth Stimulators Market by Product
6.5.2 Singapore Bone Growth Stimulators Market by Application
6.5.3 Singapore Bone Growth Stimulators Market by Distribution Channel
6.6 Malaysia Bone Growth Stimulators Market
6.6.1 Malaysia Bone Growth Stimulators Market by Product
6.6.2 Malaysia Bone Growth Stimulators Market by Application
6.6.3 Malaysia Bone Growth Stimulators Market by Distribution Channel
6.7 Rest of Asia Pacific Bone Growth Stimulators Market
6.7.1 Rest of Asia Pacific Bone Growth Stimulators Market by Product
6.7.2 Rest of Asia Pacific Bone Growth Stimulators Market by Application
6.7.3 Rest of Asia Pacific Bone Growth Stimulators Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Johnson and Johnson
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental &Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Product Launches and Product Expansions:
7.2 Medtronic PLC
7.2.1 Company overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.2.5.2 Approvals:
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Stryker Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Smith & Nephew PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Terumo Corporation (Terumo BCT, Inc.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.7 Colfax Corporation (DJO Global, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.8 Orthofix Medical, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Approvals:
7.9 Arthrex, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.1 Bioventus LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
7.10.2.2 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 3 Asia Pacific Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 4 Asia Pacific Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 5 Asia Pacific Bone Growth Stimulation Devices Market by Country, 2016 - 2019, USD Million
TABLE 6 Asia Pacific Bone Growth Stimulation Devices Market by Country, 2020 - 2026, USD Million
TABLE 7 Asia Pacific Bone Morphogenetic Proteins Market by Country, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Bone Morphogenetic Proteins Market by Country, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Platelet-Rich Plasma Market by Country, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Platelet-Rich Plasma Market by Country, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Spinal Fusion Surgeries Market by Country, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Spinal Fusion Surgeries Market by Country, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Delayed Union & Nonunion Bone Fractures Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Delayed Union & Nonunion Bone Fractures Market by Country, 2020 - 2026, USD Million
TABLE 17 Asia Pacific Oral & Maxillofacial Surgeries Market by Country, 2016 - 2019, USD Million
TABLE 18 Asia Pacific Oral & Maxillofacial Surgeries Market by Country, 2020 - 2026, USD Million
TABLE 19 Asia Pacific Other Application Market by Country, 2016 - 2019, USD Million
TABLE 20 Asia Pacific Other Application Market by Country, 2020 - 2026, USD Million
TABLE 21 Asia Pacific Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 22 Asia Pacific Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 23 Asia Pacific Hospitals & Clinics Market by Country, 2016 - 2019, USD Million
TABLE 24 Asia Pacific Hospitals & Clinics Market by Country, 2020 - 2026, USD Million
TABLE 25 Asia Pacific Home Care Market by Country, 2016 - 2019, USD Million
TABLE 26 Asia Pacific Home Care Market by Country, 2020 - 2026, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2016 - 2019, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2020 - 2026, USD Million
TABLE 29 Asia Pacific Bone Growth Stimulators Market by Country, 2016 - 2019, USD Million
TABLE 30 Asia Pacific Bone Growth Stimulators Market by Country, 2020 - 2026, USD Million
TABLE 31 China Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 32 China Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 33 China Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 34 China Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 35 China Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 36 China Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 37 China Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 38 China Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 39 Japan Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 40 Japan Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 41 Japan Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 42 Japan Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 43 Japan Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 44 Japan Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 45 Japan Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 46 Japan Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 47 India Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 48 India Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 49 India Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 50 India Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 51 India Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 52 India Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 53 India Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 54 India Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 55 South Korea Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 56 South Korea Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 57 South Korea Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 58 South Korea Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 59 South Korea Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 60 South Korea Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 61 South Korea Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 62 South Korea Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 63 Singapore Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 64 Singapore Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 65 Singapore Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 66 Singapore Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 67 Singapore Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 68 Singapore Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 69 Singapore Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 70 Singapore Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 71 Malaysia Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 72 Malaysia Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 73 Malaysia Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 74 Malaysia Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 75 Malaysia Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 76 Malaysia Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 77 Malaysia Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 78 Malaysia Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 79 Rest of Asia Pacific Bone Growth Stimulators Market, 2016 - 2019, USD Million
TABLE 80 Rest of Asia Pacific Bone Growth Stimulators Market, 2020 - 2026, USD Million
TABLE 81 Rest of Asia Pacific Bone Growth Stimulators Market by Product, 2016 - 2019, USD Million
TABLE 82 Rest of Asia Pacific Bone Growth Stimulators Market by Product, 2020 - 2026, USD Million
TABLE 83 Rest of Asia Pacific Bone Growth Stimulators Market by Application, 2016 - 2019, USD Million
TABLE 84 Rest of Asia Pacific Bone Growth Stimulators Market by Application, 2020 - 2026, USD Million
TABLE 85 Rest of Asia Pacific Bone Growth Stimulators Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 86 Rest of Asia Pacific Bone Growth Stimulators Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 87 Key information –Johnson and Johnson
TABLE 88 Key Information – Medtronic PLC
TABLE 89 key Information – Zimmer Biomet Holdings, Inc.
TABLE 90 key Information – Stryker Corporation
TABLE 91 key Information – Smith & Nephew PLC
TABLE 92 Key Information – Terumo Corporation
TABLE 93 key Information – Colfax Corporation
TABLE 94 Key Information – Orthofix Medical, Inc.
TABLE 95 Key information – Arthrex, Inc.
TABLE 96 Key Information – Bioventus LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Johnson and Johnson
FIG 3 Recent strategies and developments: Bioventus LLC