South Korea Artificial Disc Replacement Market Size & Outlook
South Korea artificial disc replacement market, 2016-2028 (US$M)
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South Korea artificial disc replacement market highlights
- The South Korea artificial disc replacement market generated a revenue of USD 4.5 million in 2021 and is expected to reach USD 10.3 million by 2028.
- The South Korea market is expected to grow at a CAGR of 12.7% from 2022 to 2028.
- In terms of segment, metal + plastic was the largest revenue generating material type in 2021.
- Metal is the most lucrative material type segment registering the fastest growth during the forecast period.
Artificial disc replacement market data book summary
| Market revenue in 2021 | USD 4.5 million |
| Market revenue in 2028 | USD 10.3 million |
| Growth rate | 12.7% (CAGR from 2021 to 2028) |
| Largest segment | Metal + plastic |
| Fastest growing segment | Metal |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal, Metal + Plastic |
| Key market players worldwide | Medtronic PLC, Orthofix Medical Inc, Globus Medical Inc Class A, NuVasive, AxioMed Spine, Zimmer Biomet Holdings Inc, Centinel Spine, Aesculap, spineart, Synergy Spine and Pain Center |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.9% of the global artificial disc replacement market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan artificial disc replacement market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.1 million by 2028.
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Artificial Disc Replacement Market Scope
Artificial Disc Replacement Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea artificial disc replacement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial disc replacement market will help companies and investors design strategic landscapes.
Metal + plastic was the largest segment with a revenue share of 64.44% in 2021. Horizon Databook has segmented the South Korea artificial disc replacement market based on metal, metal + plastic covering the revenue growth of each sub-segment from 2016 to 2028.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea artificial disc replacement market , including forecasts for subscribers. This country databook contains high-level insights into South Korea artificial disc replacement market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea artificial disc replacement market size, by material type, 2016-2028 (US$M)
South Korea Artificial Disc Replacement Market Outlook Share, 2021 & 2028 (US$M)
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