As the global economy recovers in 2021 and the supply of the industrial chain improves, the Bone Growth Stimulating Device market will undergo major changes. According to the latest research, the market size of the Bone Growth Stimulating Device industry in 2022 will increase by USD million compared to 2021, with a growth rate of %.
The global Bone Growth Stimulating Device industry report provides top-notch qualitative and quantitative information including: Market size (2018-2022 value and 2023 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
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The Centers for Medicare and Medicaid Services data estimates that the U.S. national healthcare expenditure surpassed US$ 4.1 trillion in 2020 and is forecast to reach US$ 6.2 trillion by 2028. According to the Commonwealth Fund, the U.S. expended nearly 17% of gross domestic product (GDP) on healthcare in 2018. Switzerland was the second-highest-ranking country, expending 12.2%. In addition, New Zealand and Australia devote only 9.3%.
According to the U.S. Bureau of Labor Statistics, employment in healthcare fields is forecast to grow 16% from 2020 to 2030, much quicker than the standard for all occupations, counting about 2.6 million new jobs. This estimated growth is mainly due to an elder population, showing to greater demand for healthcare services. The median annual wage for healthcare practitioners and technical fields (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040 in May 2021, which was greater than the median annual wage for all occupations in the economy of US$ 45,760.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Bone Growth Stimulating Device market during the next few years. Market research reports are an essential resource for businesses seeking to maximize the market potential. The report provides extensive data, insights, and analysis to enable businesses to make informed decisions, drive growth, and achieve success.
Highlights-Regions
The Bone Growth Stimulating Device market can be split based on product types, major applications, and important regions as follows:
North America
Europe
China
Japan
Southeast Asia
India
Korea
Player list
Bioventus
DJO Global
Medtronic
Orthofix International
Stryker
Zimmer Biomet
Johnson & Johnson
Bio Dynamic Technologies
Btt Health
Eastern Dme
Elizur
Fintek Bio-electric
IGEA Medical
Ito
Kinex Medical
Ossatec
Pain Rehab Products
Smith+nephew
SOS Medical
Stimulate Health
Types list
Inductive Coupling Therapy
Capacitive Coupling Therapy
Combined Therapy
Application list
Hospitals and Clinic
Specialty Orthopaedic and Spine Center
Ambulatory Surgery Centers
Some of the Key Questions Answered in this Report:
- What will be the market size and the growth rate by the end of the forecast period?
- What are the key Player trends impacting the growth of the market?
- What are the potential growth opportunities and threats faced by the leading competitors in the market?
- What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the global Market?
- This report gives all the information regarding industry Overview, analysis and revenue of this market.
- What are the market opportunities and threats faced by the vendors in the global Market?
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