South Korea Bio-based Polypropylene In Medical Devices Market Size & Outlook
South Korea bio-based polypropylene in medical devices market, 2018-2030 (US$K)
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South Korea bio-based polypropylene in medical devices market highlights
- The South Korea bio-based polypropylene in medical devices market generated a revenue of USD 678.6 thousand in 2023 and is expected to reach USD 2,321.3 thousand by 2030.
- The South Korea market is expected to grow at a CAGR of 19.2% from 2024 to 2030.
- In terms of segment, heart valve structures was the largest revenue generating application in 2023.
- Heart Valve Structures is the most lucrative application segment registering the fastest growth during the forecast period.
Bio-based polypropylene in medical devices market data book summary
| Market revenue in 2023 | USD 678.6 thousand |
| Market revenue in 2030 | USD 2,321.3 thousand |
| Growth rate | 19.2% (CAGR from 2023 to 2030) |
| Largest segment | Heart valve structures |
| Fastest growing segment | Heart Valve Structures |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Heart Valve Structures, Surgery sutures, Surgical Mesh |
| Key market players worldwide | SABIC, LyondellBasell Industries NV Class A, Mitsui Chemicals Inc, OMV AG, Braskem SA ADR, Danimer Scientific Inc Ordinary Shares - Class A, FKuR, Avient Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.8% of the global bio-based polypropylene in medical devices market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bio-based polypropylene in medical devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,365.1 thousand by 2030.
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Bio-based Polypropylene In Medical Devices Market Scope
Bio-based Polypropylene In Medical Devices Market Companies
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South Korea bio-based polypropylene in medical devices 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 bio-based polypropylene in medical devices market will help companies and investors design strategic landscapes.
Heart valve structures was the largest segment with a revenue share of 35.56% in 2023. Horizon Databook has segmented the South Korea bio-based polypropylene in medical devices market based on heart valve structures, surgery sutures, surgical mesh covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea bio-based polypropylene in medical devices market , including forecasts for subscribers. This country databook contains high-level insights into South Korea bio-based polypropylene in medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea bio-based polypropylene in medical devices market size, by application, 2018-2030 (US$K)
South Korea Bio-based Polypropylene In Medical Devices Market Outlook Share, 2023 & 2030 (US$K)
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