The global bone growth stimulation market was valued at $400 million in 2024 and is projected to grow at a CAGR of 3.1%, reaching approximately $495 million by 2031.
Growth is fueled by:
A rise in bone healing procedures and non-union fractures
Technological developments in portable, patient-friendly devices
Increasing awareness of non-invasive alternatives to surgical intervention
The full report suite includes:
Electrical Bone Growth Stimulators
Ultrasound Bone Growth Stimulators
Market Report Data Types Included
Unit Sales & Average Selling Prices (ASP)
Market Size & Growth Trends
Market Forecasts to 2031
Historical Data (2021-2024)
Market Drivers & Limiters
Mergers & Acquisitions
Competitor Profiles & Product Portfolios
Global Bone Growth Stimulation Market Trends
The key trend is a strong industry shift toward user-friendly devices that enhance patient compliance, which is essential to the efficacy of these treatments
Companies are investing in ease-of-use designs to improve adherence and clinical outcomes
A growing number of devices now feature remote monitoring capabilities to boost engagement and results
Market Share Insights (2024)
1 Bioventus - Market Leader
Leads the global market through its Exogen(R) ultrasound bone healing system
Dominates the ultrasound stimulation segment
Strong market share in North America, Western Europe, and a growing presence globally
2 ZimVie / Highridge Medical - Second Leading Competitor
Offers the OsteoGen(R) internal bone growth stimulator
The only notable internal stimulation system on the market
Maintains a steady global presence and is expected to retain its position
3 Orthofix - Third Leading Competitor
Known for the PhysioStim(TM) external stimulator
Well-positioned to expand market share as innovation in device design continues
Gaining attention in markets focused on external, non-invasive therapies
Market Segmentation Summary
Ultrasound Bone Growth Stimulator Market
Electrical Bone Growth Stimulator Market
Research Scope Summary
Regions Covered
North America: Canada, United States
Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela
Western Europe: Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom
Middle East: Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
Asia Pacific: Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam