Newark, New Fort, USA, April 21, 2023 (GLOBE NEWSWIRE) — Based on Progress Plus Stories, the worldwide ultrasound bone therapy market anticipated to generate income CAGR of 4.2% till 2031.
The marketplace for ultrasound bone therapeutic is estimated and anticipated to proceed to develop with a major income share through the forecast interval. Ultrasound bone therapeutic, also called low-intensity pulsed ultrasound (LIPUS), is a non-invasive therapy that makes use of high-frequency sound waves to hurry up the therapeutic strategy of bone fractures. Ultrasound waves are delivered to the fracture web site utilizing a small hand-held system that’s held in opposition to the pores and skin for a sure time period.
Current Developments within the Ultrasound Bone Therapy Market:
- In Might 2022, the FDA accepted a non-invasive bone therapeutic system that makes use of ultrasound radiation to assist the physique recuperate sooner after a fracture. The Orthofix Medical AccelStim system is a non-surgical remedy that’s worn for 20 minutes daily for the restore of contemporary bone fractures and fractures that haven’t healed on their very own.
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Scope of the ultrasound bone therapeutic market
| Report attribute | particulars |
| Progress charge | CAGR of 4.2% from 2023 to 2031 |
| Base yr for evaluation | in 2022 |
| Estimated interval | 2023-2031 |
| A historic yr | in 2021 |
| Segments lined | Software, finish consumer and area |
| Regional scope | North America, Europe, Asia and the Pacific, Latin America and the Center East and Africa |
Key conclusions:
- The rising prevalence of bone illnesses is growing product demand and driving income within the international market.
- Growing analysis and improvement actions together with growing variety of product launches to assist the expansion of the bone development stimulator market.
- The spinal fusion phase is prone to dominate the market through the forecast interval.
Market Drivers and Restraints:
The growing choice for ultrasound bone therapeutic therapies is driving the market want for fracture web site stabilization with inner or exterior fixation gadgets, mobile course of interplay, and bridging of the fracture fissure with bone. This, due to this fact, will increase the general development of earnings available on the market.
Nevertheless, product cancellations have been noticed to hamper the market’s income development to some extent.
Market segmentation:
Segmentation by software
On the idea of software, the worldwide ultrasound bone therapeutic market is segmented into spinal fusion, maxillofacial and dental nonunion, fused bone fractures, and others. The spinal fusion phase accounts for the biggest income market share because of the massive pool of sufferers present process spinal fusion surgical procedures throughout the globe.
Segmentation by finish consumer
On the idea of end-user, the worldwide ultrasound bone therapeutic market is segmented into specialty hospitals and ASCs, clinics, house care, and others. The hospital and ASC phase has the biggest market share in income. Benefits of bone development stimulation merchandise over rivals, growing incidence of backbone illnesses, growing quantity of spinal fusion procedures, growing affected person inhabitants and rising consciousness of ultrasound bone development stimulation are essential causes driving phase income development.
Regional development dynamics
On the idea of area, the worldwide ultrasound bone therapy market is segmented into North America, Europe, Asia Pacific, Latin America, and Center East & Africa. North America accounts for the biggest income share within the international market. Growing well being care prices, incidence and charges of associated bone issues require ultrasound bone therapeutic development components to take care of regional dominance.
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Aggressive panorama
The checklist of market gamers working within the international ultrasound bone therapy market are:
- Johnson and Johnson
- Orthofix Medical Inc.
- Johnson and Johnson
- Bioventus doo
- Stryker Company
Report protection
The examine examines the elemental traits of the market, essential funding areas, regional development analytics, income forecast, outstanding market gamers and partnerships. The report additionally gives a radical evaluation of the worldwide ultrasound bone therapy market.
Desk of contents
- INTRODUCTION
- Market ecosystem
- Time-frame into consideration
- Historic years 2021
- Base yr 2022
- Estimated years from 2023 to 2031
- Foreign money used within the report
- RESEARCH METHODOLOGY
- Analysis method
- Knowledge assortment methodology
- Knowledge sources
- Secondary sources
- Main sources
- Strategy to market evaluation
- From the underside up
- Prime down
- Market forecasting mannequin
- Limitations and assumptions
- PREMIUM INSIGHT
- Present market developments (COVID-19 perspective)
- Key gamers and aggressive positioning (2022)
- The regulatory panorama
- MARKET DYNAMICS
- Drivers
- Limitations/challenges
- Potentialities
- GLOBAL ULTRASOUND BONE TREATMENT MARKET – ANALYSIS AND FORECAST, BY APPLICATION
- Spinal fusion
- Maxillofacial and dental non-healing
- Fractures of the fused bone
- Different
- GLOBAL ULTRASOUND BONE TREATMENT MARKET – ANALYSIS AND FORECAST, BY END USER
- Hospitals and ASC
- Particular clinics
- Residence care
- Different
ULTRASONIC BONE TREATMENT MARKET TOC
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VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered by free analyst hours and skilled interviews with each report
- Complete quantitative and qualitative insights on the phase and sub-segment degree
- Traits and perspective of the affect of Covid 19
- Detailed insights at international/regional/nation degree
- Deep-rooted insights into market dynamics (drivers, constraints, alternatives) and the enterprise setting
- A blanket on the competitors area
- Successful imperatives
- Complete protection of ‘Strategic Growth’ recorded by main gamers out there
CUSTOMIZATION POSSIBILITIES:
- Evaluation of the distributor panorama
- Pricing intelligence
- Person base evaluation
- Evaluation of investments and initiatives
- ‘Enterprise Profile’ of Key Gamers
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